UK banking giant axing staff before Christmas – union

British banking giant Barclays will cut 900 jobs across its domestic business, trade union Unite revealed on Tuesday, calling the bank’s move “disgraceful” in the run-up to Christmas. According to Unite, the cuts would mostly target the bank’s back-office divisions such as compliance, finance, legal, policy, IT and risk.

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New trade route helps Russia and Iran bypass sanctions – Bloomberg

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Egypt builds mysterious wall near Gaza – media

Satellite imagery has shown construction work next to the Palestinian enclave as Israel prepares to launch a ground offensive The Egyptian government has reportedly started work on a wall near the country’s border with Gaza amid fears that a planned ground offensive by the Israeli military will push war refugees out of the Palestinian enclave.

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