Articles by May, 2026

Israel’s economy contracted at an annualized rate of 3.3% in the first quarter of 2026, according to figures published by the Israel Central Bureau of Statistics, as the war with Iran and weeks of missile attacks disrupted economic activity across the country

El Al reported a sharp deterioration in its first-quarter 2026 financial results on Wednesday, swinging from profit to loss amid the impact of “Operation Roaring Lion,” rising jet fuel prices and the strengthening of the Israeli shekel against the U.S. dollar. The airline reported quarterly revenue of $562 million, down 27% compared to the same period last year

Meta Platforms has begun a new round of global layoffs affecting thousands of employees, including workers in Israel, as CEO Mark Zuckerberg pushes the company deeper into artificial intelligence and into aggressive corporate restructuring

The Israel Defense Forces announced Sunday that Major Itamar Sapir, 27, from the settlement of Eli, was killed during an encounter with terrorists in the western sector of southern Lebanon

The Bank of Israel announced Monday that its Monetary Committee decided to cut the benchmark interest rate by 0.25 percentage points to 3.75%, bringing the prime lending rate to 5.25%. The decision aligned with most market analysts' expectations and marked the second rate reduction this year, four months after the January 2026 cut

The Israel Defense Forces announced Monday evening new security restrictions for northern Israel following a fresh assessment of the escalating confrontation with Hezbollah along the Lebanese border

An Israeli combat engineering soldier was killed and another seriously wounded on Sunday after a Hezbollah explosive drone struck an armored engineering vehicle operating in southern Lebanon, the Israel Defense Forces announced

U.S. military forces carried out overnight strikes Tuesday against Iranian military targets near the southern port city of Bandar Abbas, targeting missile launch positions and vessels allegedly involved in naval mine deployment operations

The United States military carried out an early morning strike Thursday against an Iranian military target near the Strait of Hormuz, according to a senior official in Washington

Hamas-affiliated media confirmed on Wednesday that Mohammed Oudeh, the military chief of Hamas in Gaza, was killed in an Israeli airstrike, first reported by Walla. Oudeh, along with his wife, two sons, and daughter, was targeted just 10 days after his predecessor, Aziz al-Haddad, was eliminated