The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.

Israel said it will maintain control of the Rafah border crossing between Egypt and the Gaza Strip during the first phase of the ceasefire with Hamas. A statement by Prime Minister Benjamin Netanyahu’s office on Wednesday denied reports that the Palestinian Authority would control the crossing.

An Israeli sniper shot and killed a Palestinian child in Gaza's central Rafah area despite a ceasefire deal between Israel and Hamas.