News Briefs

World Bodies Pledge 500 Million Dollars to Palestine

An international meeting of donors in Stockholm, Sweden has seen US$500 million (£262m) promised in aid for the Palestinian region.

An international meeting of donors in Stockholm, Sweden has seen US$500 million (£262m) promised in aid for the Palestinian region.

UN aid chief Jan Egeland, has warned that lack of aid had made Gaza a "time bomb", but following the pledges he warmly welcomed the news, but said a new peace process with Israel was vital.

On Thursday, donors pledged US$940m of help to rebuild Lebanon. But in comparison, donations for the Palestinian territories have been significantly less.

Mr Egeland had earlier told the conference that the Palestinians needed at least as much aid and money as the Lebanese.

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