Turkey’s central bank has raised its key interest rate in another sign of commitment to a traditional path of battling inflation

Archaeologists working at Pompeii have found two new victims that they say were killed by an earthquake that accompanied the volcanic eruption of 79 AD.

The price of bitcoin has experienced the strongest first half of a year since 2019, nearly doubling in value since the start of 2023. The world’s leading cryptocurrency reached above $31,000 this week, up from $16,000 in January, pushing its market cap above $600 million for the first time in more than a year. Some crypto analysts suggest the approaching ‘halving’ event, which will see bitcoin mining rewards drop by 50 per cent, could be one factor behind the cryptocurrency’s positive price trend. Bitcoin’s halving takes place roughly every four years, with the crypto’s price cycles viewed by many traders and investors as being intrinsically link to the event. Sometimes referred to as “the halvening”, the seismic event is built-in to bitcoin’s technological foundations, and is aimed at making the digital currency anti-inflationary by reducing its supply. “The months prior to the halving have historically seen the start of a bullish trend for the market, hence the market participants are carefully looking at the second half of 2023,” Matteo Greco, a research analyst at the fintech investment firm Fineqia International, told The Independent. “Riot Platforms, an industry leader in bitcoin mining and data centre hosting, announced a $162 million investment to purchase 33,280 miners, aiming to nearly double its computational power in anticipation of the next halving.” Mr Greco pointed to the cryptocurrency litecoin, once referred to as the silver to bitcoin’s gold, which typically experiences its halving event a few months before its more famous rival. In the months leading up to Litecoin’s halvings in 2015 and 2019 its price saw massive gains, which were then replicated by bitcoin. Litecoin’s next halving is currently scheduled for 3 August 2023 and it is once again experiencing a significant price increase, outperforming broader market trends. “Litecoin often served as a sentiment metric on the bitcoin halving,” Mr Greco said. “The big increase in price, while most of the altcoins keep lagging, suggests bullish sentiment is increasing ahead of the next BTC halving.” Bitcoin’s halving is currently scheduled for 26 April, 2024, with pseudonymous crypto trader PlanB noting another historic price trend that could signal more gains over the coming months. “Buy bitcoin six months before a halving and sell 18 months after a halving has historically beaten ‘buy and hold’ [trading strategy],” he tweeted on Monday. “The next halving is in April 2024... Will this strategy work again?” Read More How bad is bitcoin for the environment really? Crypto experts discuss bitcoin price predictions What is Solana? The crypto rising 200-times faster than bitcoin Could Norwegian fjords and waterfalls stop bitcoin from destroying the planet?

The little village of Ghajar has been a sore point between Israel and Lebanon for years, split in two by the border between Lebanon and the Israeli-occupied Golan Heights. But after a long period of calm, the dispute has begun to heat up again. Israel has been building a wall around the half of the village in Lebanese territory, triggering condemnation from the Lebanese militiant force Hezbollah, accusing Israel of moving to annex the site. A recent exchange of fire in the area raised alarm that the dispute could trigger violence. The growing tensions over Ghajar add to the jitters along the Lebanese-Israeli border, where Israel and Iranian-backed Hezbollah fought a destructive 34-day war in the summer of 2006. The two sides have studiously avoided outright battle ever since, despite frequent flare-ups of tension -- but each constantly says a new conflict could erupt at any time. The dispute over a small village in the green hills where Lebanon, Israel and Syria meet brings a new point of worry amid broader unrest. The West Bank has seen increased bloodshed the past week, with a major two-day offensive that Israel says targeted Palestinian militants. Within Israel, moves by the hard-right government to overhaul the judicial system have sparked large anti-government protests. “This is Lebanese land, not Israeli,” said Lebanese shepherd Ali Yassin Diab, pointing to the half of Ghajar being enclosed by the Israeli wall as he grazed his sheep and goats nearby. Members of the U.N. peacekeeping force UNIFIL watched from a distance. Yassin used to take his herds to drink at a pond there. He now has to buy water for his sheep. The village’s division is an unusual byproduct of the decades of conflict between Israel and its neighbors. Ghajar was once part of Syria but was captured by Israel in the 1967 Mideast war as part of Syria’s Golan Heights, which Israel occupied and later annexed, with little world recognition. In the 1980s and 1990s, Ghajar’s population expanded north into nearby Lebanese territory, held by Israel in its 18-year occupation of southern Lebanon. When Israel withdrew from Lebanon in May 2000, U.N. surveyors delineating temporary borders ruled that Ghajar’s northern part was in Lebanon, its southern part in the Golan, dividing it in two. Six years later, Israeli troops moved into the northern part of Ghajar during the Israel-Hezbollah war. They have occupied it since, preventing people from entering it from Lebanon. Under the truce that ended the 2006 fighting, Israel agreed to withdraw from Ghajar, but it wanted to clinch an arrangement to keep Hezbollah from entering the village. Most of Ghajar’s around 3,000 residents hold Israeli nationality — some of them alongside Lebanese — and they largely identify as Syrians. Last year, Israel started erecting a concrete wall around the northern part of the village. It also began encouraging Israeli tourism to the village. In apparent reply to the near finishing of the wall, Hezbollah set up two tents nearby, including one in the area of Chebaa Farms, which both Israel and Lebanon claim as its territory. It is not clear what is inside the tents. Israel filed a complaint with the United Nations, claiming the tents were several dozen meters (yards) inside of Israeli territory. Hezbollah says the tents are in Lebanese territory. Israeli Foreign Ministry spokesman Lior Haiat told the AP that Israel has turned to UNIFIL and “other countries” to resolve the situation but did not identify the countries and did not immediately comment on the wall in Ghajar. On Monday, UNIFIL’s commander relayed an Israeli request to Lebanon’s caretaker prime minister and parliament speaker to remove the tent. They responded that Israel should withdraw its troops from the Lebanese part of Ghajar, according to Lebanese Foreign Minister Abdallah Bouhabib. Hezbollah leader Sayyed Hassan Nasrallah said in a speech Wednesday night that Israel cordoned off Ghajar before Hezbollah set up its tents. “Over the past days, it became clear that they (Israel) have annexed it,” Nasrallah said. He added: “The land of Ghajar will not be left for Israel, and certainly not Chebaa Farms and Kfar Chouba,” another border area claimed by both countries. A female resident of Ghajar, speaking to the AP on condition of anonymity due to security concerns, said the villagers consider themselves Syrian but their main concern “is to stay in Ghajar, in this village, living in peace and security. No matter under who rules.” “There is a (border) line that was drawn by the United Nations. Why are they allowed to cross it while we as Lebanese citizens cannot?” Mohammed Rammal, the mayor of the nearby Lebanese border village of Oddeissi, said of Israel’s presence in Ghajar. Last week, an anti-tank missile was fired from Lebanon near Ghajar, with some fragments landing in Lebanon and others inside Israeli territory. Israel fired shells on the outskirts of the nearby village of Kfar Chouba. On Wednesday, an explosion elsewhere near the border slightly wounded at least three Hezbollah members. Nasrallah said the case is still under investigation. Late last month, Hezbollah said it shot down an Israel drone flying over a village in southern Lebanon. On Monday, Prime Minister Benjamin Netanyahu met with President Joe Biden’s special envoy for energy, Amos Hochstein, during which they discussed “regional issues,” according to the Israeli prime minister’s office. Some Israeli media said Netanyahu and Hochstein, who helped last year broker a maritime border deal between Israel and Lebanon, discussed tensions along the border with Lebanon. “We continue to monitor and engage with authorities in Lebanon and Israel on the issue of Ghajar,” UNIFIL spokeswoman Kandice Ardiel said. She added that UNFIL has repeatedly called on Israel to stop its works north of the line and that Israel’s occupation of northern Ghajar violates the U.N. Security council resolution that ended the 2006 war. Israel considers Hezbollah its most serious immediate threat, estimating it has some 150,000 rockets and missiles aimed at Israel. During a tour by an Associated Press team near Ghajar this week, more patrols by U.N. peacekeepers and Lebanese army along the border were visible. Residents in nearby villages appeared defiant and going on with life as usual during the summer season, when many expatriates come to spend time with their families. In Lebanese media, many analysts say neither side wants a new war. But Lebanese political analyst Faisal Abdul-Sater warned that the situation is very dangerous as Israel and Hezbollah are on alert. “Whoever fires the first shot will bear the responsibility for the consequences,” he said. ___ AP correspondent Josef Federman contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide AP Week in Pictures: Europe and Africa Stock market today: Asian shares buoyed by Wall Street's winning week as inflation eases For a group of Ukrainian women, painting is a form of therapy to help them cope with loss

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