From the air, it looks like a city erased. Entire neighbourhoods have vanished from the map two years since Israel’s relentless bombardment of Gaza began. What were once homes, schools, hospitals, factories and power plants have been reduced to debris and dust. Thousands of Palestinians are now returning to ruins or rubble in a place that has lost the very fabric of daily life.

Economists estimate the cost of rebuilding at tens of billions of dollars – far beyond the capacity of Gaza’s shattered economy.

What is behind the $20bn lifeline to Argentina?

Plus, the European Union invests $13bn in South Africa.