Cash-strapped Palestinian gov't adopts emergency budget

Gripped by financial crisis, the Palestinian government said on Tuesday it was putting an emergency budget in place for 2015 due to the absence of pledged international aid and Israel withholding its tax revenues. "The general budget law for 2015 comes amid complicated and tough conditions, as the treasury is suffering a choking financial crisis," a Palestinian cabinet statement said. Israel said in January it was freezing $127 million of monthly Palestinian tax revenue that it collects on behal