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 has confirmed that it will maintain control over the Rafah border crossing, the key passage between Egypt and the Gaza Strip.

Israeli Prime Minister Benjamin Netanyahu’s office said Wednesday that Israel will remain in control of the Rafah crossing between the Gaza Strip and Egypt throughout the first phase of the ceasefire agreement between Israel and Hamas.

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 Western-backed Palestinian Authority would control the crossing.