Government

Ministry of Economy shed light on concerning practices by retailers who seem to be taking advantage of the ongoing conflict. Published yesterday, the review exposes a surge in prices for various essential goods, accompanied by additional concessions that may adversely impact consumers

In a daring nighttime operation, the United States military announced that its destroyer, the USS Mason, successfully rescued the tanker "The Central Park" in the Gulf of Aden. The vessel, owned by the British company Zodiac Maritime and operated by Israeli billionaire Eyal Ofer, had reportedly fallen prey to an "unidentified force" in the strategically significant region

In a late-night session between Monday and Tuesday, the government gave the green light to the budget framework for 2023, despite facing opposition from key figures within its own ranks. Notably, Economy Minister Nir Barkat and several members of the original coalition, including prominent figures like Benny Gantz, Hili Trooper, and Gadi Eisenkot, voiced dissent

In a significant development, the ceasefire between Hamas and Israel has been extended for the fifth day, leading to the release of abducted individuals, including a mother and her daughter. The release was part of negotiations involving high-ranking officials, including the heads of the Mossad and the CIA, who met with the Prime Minister of Qatar

In a highly anticipated turn of events, 12 Israeli hostages, including a 13-year-old girl, four boys, and seven women, have been released from captivity in Gaza. Families anxiously awaited their return for 54 days, enduring a nerve-wracking wait for messages that never arrived. The release marks a significant development in the ongoing hostage situation.

In response to heightened security concerns stemming from increased threats by Iran and Hamas, as well as a surge in anti-Semitic incidents worldwide, the National Security Headquarters has raised travel warnings for Israelis in 80 countries. Notably, Great Britain, France, Germany, Russia, Brazil, Argentina, and Australia have been upgraded from level 1 to level 2, indicating an "occasional threat." South Africa, Eritrea, and select Asian countries now face a level 3 warning, signaling a "medium threat level" and advising against non-essential travel

In a UN Security Council session called for by the United Arab Emirates, a resolution proposing an immediate humanitarian ceasefire in the ongoing Israel-Hamas conflict faced a setback as the United States exercised its veto power. The resolution garnered support from 100 countries, with 13 out of 15 Security Council members voting in favor, the United Kingdom abstaining, and the U.S. casting a dissenting vote

In a press conference on Sunday, Accountant General Yehli Rotenberg disclosed that Israel is on track to end 2023 with the highest budget deficit in recent history, standing at 4% of the GDP. The announcement coincided with the release of state budget data for November, indicating an accumulated deficit of 3.4% of GDP, totaling NIS 62.3 billion

In a significant move, the government has given the green light to a comprehensive plan for the rehabilitation and development of settlements surrounding Gaza and Sderot. The strategic five-year plan, devised by the Takuma administration, addresses key areas such as education, infrastructure, business, and agriculture, with a budget exceeding NIS 18 billion

In a groundbreaking development today, the Israel Electric Corporation (IEC) finalized the sale of the Eshkol power station to "Dalia Energy" and George Horesh's "Union" group for an impressive NIS 9 billion. This marks one of the largest deals in the nation's economy, with the exact amount, 9,001,181,818 NIS, set to be transferred to the Electric Company upon the completion of the transaction, expected within the next 5-6 months