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Israel, Hamas Escalate Attacks

May.12 -- Israel stepped up its attacks on the Hamas-ruled Gaza Strip overnight. Rocket squads in Gaza fired a barrage at central Israel early today, while Israeli warplanes pounded Gaza with dozens of airstrikes. At least 35 people have been killed in Gaza and five have died in Israel. It appears to be the most serious escalation since a 2014 war in Gaza. Bloomberg’s Alisa Odenheimer reports on “Bloomberg Markets: European Open.”