Articles by June, 2024
Category: Government
The families of Haim Peri, Yoram Metzger, Amiram Koper, and Nadav Popelwell received devastating news today, 241 days after their abduction. Israeli authorities informed them that the four had died while in Hamas captivity. The determination of their deaths was made based on verified intelligence information, approved by an expert committee of the Ministry of Health and the Rabbinate
Jun 3, 2024
Category: Government
First Sergeant (res.) Raphael Coudres, 39 years old from the Hadassah Fortress, died today (Thursday) of his wounds, after being fatally injured yesterday in the incident of the fall of the UAV in Khorefish in the north of the country. Coudres served as the coordinator of tradition and spirit in the 5030 battalion, in the Alon Brigade (228). In addition , in the same incident a reservist was seriously injured
Jun 6, 2024
Category: Government
In a move that has sparked vehement reactions from Israeli officials, the United Nations Secretary General's Office informed Israel's UN Ambassador, Gilad Erdan, of the decision to include the Israel Defense Forces (IDF) in a forthcoming report, labeling it as a military organization that has "committed violations" against children in conflict zones. The report, expected to be released imminently, also lists Hamas and Islamic Jihad for their alleged harm to children during the year 2023
Jun 7, 2024
Category: Government
Brigadier General Avi Rosenfeld, commander of the Gaza Division (Division 143) in the Israel Defense Forces (IDF), has announced his retirement following 30 years of dedicated service. In a heartfelt letter addressed to Gaza Envelope authorities, Rosenfeld expressed deep regret over his perceived failure to protect the Gaza Strip during the events of October 7th
Jun 9, 2024
Category: Capital Market
Hard economic data show a large increase in the deficit with an aggregate figure of NIS 137.7 billion and a deficit since the beginning of the year of NIS 47.6 billion. For comparison, a year ago the figure was a surplus of NIS 13 billion in the state coffers
Jun 9, 2024
Category: Capital Market
In the wake of Turkey's boycott announcement against Israel and heightened tensions globally, the Ministry of Economy and Industry has published a comprehensive review detailing the state of the Israeli economy amidst the ongoing Iron Swords War. The report highlights the vulnerability of Israel's domestic product to global supply chain disruptions, particularly in sectors like manufacturing, notably the electronics industry
Jun 9, 2024
Category: Government
Minister Benny Gantz, chairman of the state camp, announced his resignation from the emergency government, citing failures in addressing critical issues and the need for a renewed political direction. Gantz's departure comes after his ultimatum for implementing a new action plan went unmet. Addressing Failures and Vision for the Future In a poignant statement, Gantz reflected on the challenges faced during his tenure, particularly following the events of October 7th. He emphasized the necessity of prioritizing the good of the State of Israel above political considerations and...
Jun 10, 2024
Category: Financial
After extensive negotiations spanning over a year with both Airbus and Boeing, El Al Airlines, controlled by the Rosenberg family, has decided to exclusively negotiate with Boeing for its new aircraft fleet. The decision marks a significant milestone for the company, leading to the largest strategic agreement in its history. Boeing Deal Details El Al plans to purchase and lease approximately 30 Boeing 737 Max narrow-body aircraft, with an estimated value of $2-2.5 billion. Deliveries are expected to commence in 2027 and span several years, rejuvenating and expanding the airline's...
Jun 10, 2024
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