Articles by January, 2024

 Israel's Corruption Perception Index Drops in 2023 - Concerns Raised Over Weakening Democracy
650 Views Details

by Ifi Reporter

Category: Law

In the recently released Corruption Perception Index (CPI) for the year 2023, Israel has experienced a notable drop, falling to 33rd place with a score of 62. This comes after a positive shift in 2022, where Israel climbed five places with a score of 63, compared to the lowest score of 59 in 2021

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Jan 30, 2024

NBC:  Israel Accepts Mediators' Proposal for Hostage Deal with Hamas at the Paris Summit
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by Ifi Reporter

Category: Government

In a significant development following the Paris summit, NBC reports that Israel has agreed to the mediators' proposal for a hostage deal. The proposal, set to be sent to Hamas today, outlines a plan for the staged release of abductees. The deal is contingent upon a prolonged ceasefire and the delivery of aid shipments to Gaza

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Jan 30, 2024

Osem Nestlé and Unilever Join Wave of Price Increases Amidst the Global Challenges
1116 Views Details

by Ifi Reporter

Category: Government

In a move reflective of the challenging economic landscape, Osem Nestlé and Unilever have announced price hikes on a range of products starting March 1. Osem Nestlé's price adjustments will affect popular items such as Sabar salads, Tivol products, Bonjour pastries, Osem ketchup, noodles for soup, sauces, cookies, and chocolate-based products like Apropos and Kitkat. The increases vary between 3% and 9%, with some products seeing an 8%-5% rise. Osem Nestlé emphasized that this adjustment pertains to around 14% of its total product offerings, primarily those produced in industrial plants...

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Jan 31, 2024

Teva Pharmaceutical Industries Reports Remarkable Turnaround with Annual Revenue Growth
381 Views Details

by Ifi Reporter

Category: Financial

Teva Pharmaceutical Industries, a leading pharmaceutical giant, has announced a notable annual revenue growth of 6.2% for 2023, bringing in a total of $15.8 billion. After enduring five consecutive years of decline, this resurgence is attributed to a substantial advance payment of $500 million received from Snoopy Pharmaceuticals as part of a collaborative effort on an innovative anti-TL1A drug

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Jan 31, 2024

IMF warns: The Global Economic Growth Faces Threats from the Middle East Conflicts
393 Views Details

The IMF economists express concerns that the conflict in Gaza could escalate further, and continued attacks by the Houthis in the Red Sea, a crucial route for 11% of world trade, could disrupt supply chains and impede the global recovery. The ongoing war in Ukraine adds to the risks, potentially causing spikes in food, energy, and transportation prices, which have already seen a sharp increase

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Jan 31, 2024

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