ISTANBUL
Here is a rundown of all the news that you need to start Sunday, including the Israeli military killing at least 100 Palestinians in a school bombing in Gaza; the US' saying it is "deeply concerned” about reports of civilian casualties” and the Israeli army casting doubt on the death toll.
TOP STORIES
At least 100 Palestinians were killed when the Israeli military bombed the Al-Taba'een school in the Al-Daraj neighborhood in eastern Gaza City.
The school was housing displaced residents. Dozens were injured in the attack.
Israeli military aircraft targeted the school while worshippers were performing the fajr (dawn) prayer, the Palestinian news agency, Wafa, reported.
The US said it was "deeply concerned about reports of civilian casualties in Gaza," after an Israeli airstrike hit a school.
"We know Hamas has been using schools as locations to gather and operate out of, but we have also said repeatedly and consistently that Israel must take measures to minimize civilian harm," National Security Council spokesman Sean Savett said in a statement.
Stressing that Palestinian civilians "continue to be killed and wounded," Savett added: "This underscores the urgency of a ceasefire and hostage deal, which we continue to work tirelessly to achieve."
The Israeli army cast doubt on the reported death toll from the bombing of the Al-Taba'een School in central Gaza, which Palestinian officials said resulted in at least 100 fatalities and numerous injuries.
The military questioned the accuracy of reported casualties, claiming that only 20 people were killed.
The army claimed that their intelligence suggested the school, which was housing displaced civilians, was used for “promoting Hamas activities.”
NEWS IN BRIEF
SPORTS
Brazil defeated Türkiye 3-1 to win the women's volleyball bronze medal at the Paris 2024 Olympic Games.
The Brazilian national volleyball team sealed a third-place win in four sets: 25-21, 27-25, 22-25 and 25-15 at South Paris Arena 1.
The US will take on Italy in the gold-medal match Sunday at the same venue.
BUSINESS & ECONOMY
Fitch Ratings announced it revised Serbia's outlook to positive from stable, and affirmed its BB+ rating.
The revision reflects the country's strengthening credit fundamentals, investment to drive growth, expected economic growth above trend and falling government debt, it said.
The general government balance was in a small surplus in the first half of 2024, due to revenue outperformance, but the government has maintained the 2024 deficit target of 2.2% of GDP, it added.
Ripple Labs, a US-based technology company that has developed the Ripple payment protocol and exchange network, said Friday it started testing its stablecoin, RLUSD, on XRP Ledger and Ethereum blockchain networks.
"Testing, testing…RLUSD! We’re excited to share that Ripple USD (RLUSD) is now in private beta on XRP Ledger and Ethereum mainnet," it wrote on X.
The company, however, noted that RLUSD has not yet received regulatory approval, and it is not available for purchase or trading
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