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The US president has speculated that Palestinian militants sought to derail a Saudi-Israeli peace deal US President Joe Biden has offered a theory on what might have triggered the surprise Hamas attacks that ignited the Palestinian militant group’s latest war with Israel: himself.

Italy has unexpectedly approved a 40% levy on lenders’ “excess” profits this year The Italian government’s announcement of a one-off windfall tax on bank profits saw the country’s financial stocks tumble on Tuesday, wiping out some €10 billion ($11 billion) from their combined market value.