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Jerusalem, Israel (AHN) – Israel, which has restricted all exports from Gaza since 2007 when Hamas took control of the region, has shown some liberty and allowed exports of items like furniture, textiles and agricultural products – a move welcomed by the human rights groups.

The right groups said that they would be more pleased only when Israelis would implement the plan of easing their blockade of the Palestinian territory. Hamas, however, criticized the move, and its spokesman Sami Abu Zuhri described it as a publicity stunt.

He pointed out that Israel not only restricts raw materials from reaching Gaza but also limits people’s movement in the impoverished coastal strip.

In last more than three years, Israel had only allowed transfer of flowers and strawberries from the strip. The decision to ease exports came after security cabinet vote where parliamentarians claimed that the move was aimed at improving the living standards of the Palestinian population.

The move came after repeated international pressure from the U.S., European Union and the United Nations on Israel to completely lift exports’ ban from Gaza.

International envoy for the Middle East, Tony Blair, also lauded the move and described it as a “significant step”, adding that there was “a long way still to go”.

Israeli rights group, Btselem, also welcomed the move but said that the implementation part would prove how honest the Israeli government was while making the announcement.

“In the past, even while allowing import and export, Israel placed arbitrary restrictions that impaired trade,” it said in a statement.

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Ireland’s finance minister says he will support a move to ask the international community for tens of billions of euros in loans and guarantees to keep his country’s crisis-hit finances afloat.

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Sanford, FL, United States (AHN) – Orlando’s Sanford International Airport has decided to opt out of TSA’s pat down process. The facility has decided to hire their own private security screening agency.

The airport believes the move will offer passengers “better service at a better price and more accountability and better customer service.”

The airport is allowed to commence this move using one of five private security firms already approved by TSA.

Larry Dale, the director of the Sanford Airport Authority hopes that if things all go according to plan the new private security firm will be in place by the end of 2011.

TSA officials say that even if an airport decides to use a private firm for security, the firm still must follow TSA guidelines. That would include using enhanced pat-downs and the full-body scanners that have prompted the ire of many if they are installed at the airport.

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Washington, D.C., United States (AHN) – The decision by the United States Federal Reserve to pump $600 billion into the nation’s economy by buying U.S. Treasury Bonds has sparked international criticism led by Germany and China.

China and Germany represent the world’s second- and fourth-largest economies respectively. In addition, they were joined by Brazil and South Africa in criticizing the “quantitative easing.” Quantitative easing is the economic term for buying assets to attempt to boost the economy and lower unemployment.

However, Germany, China, Brazil and South Africa allege that the scheme will not help the U.S. economy and will instead create more problems in the rest of the world. Quantitative easing is expected to lower the value of the dollar, which will make U.S. exports cheaper in world markets.

That means that U.S. exports would be more competitive against German and Chinese exports.

Indeed, the dollar did plunge in value against several of the world’s currencies on Thursday.

Germany’s Finance Minister Wolfgang Schaeuble on Friday said the U.S. Federal Reserve’s move would undermine efforts to create a level playing field in the currency markets.

China Central Bank chief Zhou Xiaochuan said the U.S. should focus on reforming the international currency system. He argued that if the U.S. central banking policy is good for the U.S., but not good for the rest of the world that it might have a negative impact on the rest of the world.

The U.S. has criticized China for artificially keeping its currency devalued for many years to make its exports cheaper. But China made that move when its country had full employment and a budget surplus. The U.S. central bank is not buying U.S. Treasury bonds to deflate the value of the dollar abroad but rather to try to pour money into the American economy – which currently has a budget deficit – and to stimulate the weak economy to encourage American businesses to hire unemployed American workers at a time of continued high unemployment.

Germany also criticized the move because they said it would add to America’s deficit.

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A sweeping agreement this week between the Justice Department and the state of Georgia highlights an aggressive new campaign by the Obama administration to ensure that people with mental illness and developmental disabilities can get services in their communities and not be forced to live in institutions.

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UPDATED: The move by HSBC to end talks could hand rival Standard Chartered a chance of buying Nedbank, analysts say.

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New York, NY, United States (AHN) – U.S. markets finished higher Friday amidst mixed economic data. The move came a day after stocks closed out the strongest September dating back to the 1930′s.

The Dow Jones Industrial average rose 41 points or 0.4 percent, trading in positive territory the majority of the session as 22 of 30 Dow issues finished Friday’s session higher. The move puts the blue-chip index in the green to start the month following the 8 percent rise in September.

The S&P 500 added 5 points or 0.4 percent as nine of 10 major economic sectors finished higher Friday. Energy names led the way, adding 1.3 percent, while tech was the lone laggard, down 0.1 percent.

The Nasdaq Composite added 2 points or 0.1 percent as semiconductors weighed on its advance. The Philadelphia Semiconductor index shed 0.3 percent on Friday.

On the economic front, the University of Michigan Consumer Sentiment survey posted a reading of 68.2 for September, above estimates for 67. Shortly after, the Commerce Department said construction spending in August rose 0.4 percent, which was better than the 0.5 percent decline expected.

However, the Institute for Supply Management said its index for September dipped to 54.4 from 56.3 in the prior month.

Earlier in the week, the Commerce Department released its final estimate on third quarter Gross Domestic Product (GDP), reporting 1.7 percent growth in the economy, topping estimates for 1.6 percent.

Crude oil finished the week strong, adding 2.2 percent to $81.58 a barrel. The commodity rallied 7.5 percent on the week, its best performance since mid-February.

Next week’s market will see a slew of headline economic data beginning with August pending home sales on Monday and concluding with the September unemployment rate on Friday.

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