The Egyptian authorities resealed their country's border with the Gaza Strip , but failed to persuade Hamas to sign up to a previous agreement whereby Egypt, Israel and the Palestinian Authority, which is run by Fatah, a rival Palestinian group, would oversee the border and crossing point.

ECONOMIST: Politics this week

Reinsurance is a process whereby an insurance company spreads its risk by transferring a portion of a policy's liability to another insurer, which keeps part of the premium.

FORBES: Passing the Trash