Articles by April, 2024

GAZA war is visible in the weak results of the Israir airline: revenues of $390 million for 2023
1009 Views Details

Israeli airline Israir has reported weakened financial results for the fourth quarter of 2023, largely attributed to the ongoing war and geopolitical crises affecting the region. The airline revealed that the majority of its operations during October-December consisted of rescue flights and designated flights for war-related situations, significantly impacting its revenue and profitability

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Apr 1, 2024

IDF Soldier Killed by Anti-Tank Missile Strike in Gaza - this is the 600 soldier fallen in the war
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by Ifi Reporter

Category: Government

Tragedy struck yesterday as Sergeant Nadav Cohen, a 20-year-old armored fighter from Haifa, was killed by an anti-tank missile in the southern Gaza Strip. Cohen, serving in the 77th Battalion of the 7th Brigade, became the 600th soldier to lose their life in the ongoing conflict and the 256th casualty in the ground operation in Gaza

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Apr 1, 2024

Israeli Attack in Damascus Targets Iranian Officials - including deputy commander of the Quds Force
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by Ifi Reporter

Category: Government

The Revolutionary Guards have confirmed that seven of their members, including high-ranking officers, were killed in an attack in Damascus, which Israeli officials have acknowledged responsibility for. Among the casualties are the deputy commander of the Quds Force, Muhammad Reza Zahidi, and his deputy, along with five other officers

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Apr 1, 2024

Fitch Removes Negative Watch on Israel's Credit Rating But Forecasts Negative Outlook
687 Views Details

Fitch, the renowned international credit rating company, has stirred the financial world by placing the credit rating of the State of Israel, which currently stands at +A, under "Rating Watch Negative." This announcement follows a shift in the perception of geopolitical risk in the wake of the "Iron Swords" war

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Apr 2, 2024

Thousands of people including families of abductees demonstrated in front of the Knesset building
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by Ifi Reporter

Category: Politics

Thousands of people, including families of abductees, demonstrated on Tuesday evening in front of the Knesset building, demanding the release of the abductees and the holding of elections immediately. At the end of the rally, hundreds of demonstrators marched with torches towards the Prime Minister's House and the President's House, and clashes broke out with the police at both locations. The police forcibly evicted protesters who broke through barriers and approached Netanyahu's house, and sprayed skunk liquid on other protesters. At least five protesters were arrested throughout the evening

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Apr 2, 2024

 Competition Authority has launched an investigation into El Al over accusations of price extortion
1934 Views Details

by Ifi Reporter

Category: Agriculture

The Competition Authority has launched an investigation into El Al Airlines over accusations of price extortion and exploitation of its monopoly status during the recent conflict. Consumers and industry stakeholders have voiced concerns that El Al significantly raised prices as foreign airlines suspended operations in Israel at the onset of the war, effectively monopolizing popular routes and capitalizing on the lack of competition. While El Al is not officially designated as a monopoly, it held approximately 80% market share during the early stages of the conflict, with over 60% still...

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Apr 3, 2024

4 police officers have been injured tonight in a terrorist  attack near Kochav Yair
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by Ifi Reporter

Category: Government

Tonight (Wednesday), four police officers were injured in a stampede and stabbing attack near Kochav Yair, close to the Tira intersection. Medical teams from Magen David Adom (MDA) provided treatment to the wounded, with one officer in serious condition and another in moderate condition. The assailant, identified as a 26-year-old resident of Tira, was shot dead by security personnel

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Apr 3, 2024

The fast-food chain McDonald's Israel is being sold back to the American food chain
613 Views Details

by Ifi Reporter

Category: Financial

McDonald's Israel is being sold: Omri Padan, CEO and owner of the McDonald's franchise in Israel, Eloniel Ltd., announced on Thursday that he signed an agreement on the sale of the company to McDonald's worldwide

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Apr 4, 2024

 IDF investigation on the killing of 7 aid workers: serious failures in decision-making
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by Ifi Reporter

Category: Government

The killing of seven aid workers in the Gaza Strip by the IDF was attributed to a lack of discipline among commanders in the field, rather than coordination problems between the army and humanitarian organizations, according to sources within the IDf

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Apr 5, 2024

4 IDF  soldiers have been killed in Gaza Strip - terrorists stormed from a tunnel in Khan Yunis
761 Views Details

by Ifi Reporter

Category: Government

Four Israeli Defense Forces (IDF) soldiers tragically lost their lives in a skirmish with terrorists in the northern region of Khan Yunis in the Gaza Strip. The soldiers, including Captain Ido Baruch, Sergeant Amitai Ibn Shoshan, Sergeant Rif Harush, and a senior sergeant from Kidar, were engaged in security operations when they encountered enemy forces

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Apr 7, 2024

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