Member since | May 5, 2016 |
by Ifi Reporter
Category: Government
In an ongoing exchange between Washington and Jerusalem, the White House's national security adviser, Jake Sullivan, revealed Monday evening that Prime Minister Benjamin Netanyahu had agreed to dispatch a team to Washington for discussions on the Rafah operation. Sullivan emphasized President Joe Biden's concerns over a potential escalation in the Gaza Strip, cautioning that the operation in Rafah could exacerbate the already dire situation in Gaza
Mar 18, 2024
by Ifi Reporter
Category: Government
At the end of a discussion that lasted into the night, the expanded cabinet approved sending the Israeli delegation to Qatar with a mandate to hold negotiations on the abductee deal. It appears that on several issues the cabinet did not decide, and authorized Prime Minister Netanyahu and Defense Minister Galant to decide separately
Mar 17, 2024
by Ifi Reporter
Category: Politics
A wave of nationwide protests swept through Israel last night, with demonstrators voicing their discontent against the government and its leadership. The protests, which took place in various cities including Tel Aviv, Jerusalem, Caesarea, and Haifa, saw thousands of citizens taking to the streets to demand immediate elections and accountability from those in power
Mar 16, 2024
by Ifi Reporter
Category: Capital Market
The Central Bureau of Statistics announced today that the consumer price index (CPI) in Israel rose by 0.4% in February, slightly surpassing expectations. However, the rate of inflation for the past 12 months moderated to 2.5% in February, compared to 2.6% in January 2024. Despite this, the trend of escalating apartment prices in Israel persists
Mar 15, 2024
by Ifi Reporter
Category: Government
The head of the Mossad, David (Dadi) Barnea, last night (Thursday) received from the Prime Minister of Qatar, Muhammad al-Thani, the official response paper of Hamas, after many delays. The document from the terrorist organization was received hours after an Israeli official claimed in a conversation with Ynet that there are "positive indications" of some progress in talks for another hostage deal, but it is too early to know if this will lead to the start of negotiations
Mar 15, 2024
Thousands Rally in Tel Aviv for Equal Military Service - High Court Deadline Postponed Amid Tensions
by Ifi Reporter
Category: Government
In the backdrop of heightened political tensions surrounding the conscription law, approximately 10,000 individuals gathered on Thursday evening for a rally advocating for equal military service at Tel Aviv's Hamima Square
Mar 14, 2024
IDF Commander's Rebuke Sparks Controversy: called on political leaders to be worthy of their bravery
by Ifi Reporter
Category: Government
In a rare and bold move, Brigadier General Dan Goldfuss, commander of the 98th Division of the IDF, delivered a scathing rebuke to the political leadership, sending shockwaves through the Israeli political landscape
Mar 13, 2024
by Ifi Reporter
Category: Politics
The state camp party is disintegrating - and Gideon Sa'ar is establishing the "state right wing": Minister Sa'ar announced on Tuesday evening that he has decided to end the partnership with the Blue and White party and said that he has contacted the chairman of the Knesset committee in order to immediately re-establish the New Hope faction - the state right wing in the Knesset "As an independent faction, which will clearly express the national and state worldview." Tomorrow the Knesset committee will meet to approve the request
Mar 13, 2024
by Ifi Reporter
Category: Government
In a recent development impacting travel plans for many Israelis, Rainier, the Irish low-cost airline, has announced the cancellation of all flights to and from Israel until after October. The decision coincides with the onset of the airline's summer season, a period when many Israelis opt for budget-friendly travel options to Europe
Mar 13, 2024
by Ifi Reporter
Category: Government
The Aerospace Industry has published its reports for 2023, from which it appears that this is the most successful year since the establishment of the company. The global demand for military equipment that has soared since the war in Ukraine and the war in Israel in the last quarter of the year has arranged for the aerospace industry to accumulate orders totaling 18 billion dollars in 2023, compared to 15.6 billion dollars the previous year
Mar 13, 2024
by Ifi Reporter
Category: Financial
Zim, which in 2022 presented the highest net profit in history for an Israeli company, sadly closes 2023, while showing a loss in each of the quarters of the past year. Zim shares lose about 14% in New York trading. The shipping and maritime transport company concluded 2023 with a loss of $2.69 billion, while it concluded 2022 with a profit of $4.63 billion - slightly lower than the net profit of 2021, which was $4.65 billion and was the highest in the history of any Israeli company
Mar 13, 2024
by Ifi Reporter
Category: Capital Market
Amidst the turmoil of the 2023 war, Israel's banking sector has shown remarkable resilience, with profits soaring to new heights. The net profit of the four largest banks in Israel surged by 15% compared to the previous year, reaching a staggering NIS 25.5 billion. Despite the challenges posed by the conflict, profits remained steady, underscoring the strength of the banking system
Mar 12, 2024
by Ifi Reporter
Category: Real Estate
In a recent review published by the Division of the Chief Economist in the Ministry of Finance, the residential real estate market in January 2024 displayed significant signs of recovery, particularly in the segment of new apartments
Mar 12, 2024
by Ifi Reporter
Category: Financial
The ongoing conflict has exacerbated Israel's economic challenges, with the state budget deficit swelling, according to a recent report by the Accountant General of the Treasury, Yahli Rotenberg. Over the past 12 months, the deficit expanded by 0.8%, reaching approximately 5.6% of GDP. Projections from the Ministry of Finance paint a grim picture, anticipating a further increase in the deficit to 6.6% by year-end. However, concerns persist among government officials and economic organizations, both domestically and internationally, suggesting the deficit could soar even higher, possibly...
Mar 11, 2024
by Ifi Reporter
Category: Financial
Discount Bank, despite navigating through challenging times, wrapped up 2023 on a positive note, with a net profit for shareholders totaling 4.2 billion shekels, marking a notable 20% increase from the previous year's figure of 3.5 billion shekels
Mar 11, 2024
by Ifi Reporter
Category: Government
Prime Minister Benjamin Netanyahu responded to criticism from President Joe Biden during an interview with the "Politico" media website on Sunday. Netanyahu asserted that his policies were not just his own but were supported by the majority of Israelis
Mar 11, 2024
by Ifi Reporter
Category: Law
In a widespread display of dissatisfaction with the current government, demonstrators took to the streets in various cities across Israel, calling for immediate elections and addressing a range of grievances
Mar 9, 2024
by Ifi Reporter
Category: Government
In a tragic development, the Israel Defense Forces (IDF) has confirmed the death of Major Amisher Ben David, a 43-year-old officer from the settlement of Ali, during a battle in the southern Gaza Strip. Major Ben David, who served as a commander in the commando formation, was killed earlier today in an encounter with terrorists. He leaves behind his wife Shlomit and their five children
Mar 9, 2024
by Ifi Reporter
Category: Government
Chief Rabbi Yitzhak Yosef's recent remarks during a lesson with his students have ignited a firestorm of controversy amid the ongoing debate over the draft law in Israel. In a recording of the lesson, Rabbi Yosef was heard stating, "If the ultra-Orthodox are forced to enlist - we will leave abroad
Mar 9, 2024
by Ifi Reporter
Category: Law
Protesters, including family members of abductees and activists, have blocked Highway 1 towards Jerusalem, demanding action from Prime Minister Benjamin Netanyahu to secure the release of abducted individuals. The demonstration, occurring just before the Shabbat meal, aims to draw attention to the plight of those who have been held captive for 154 days
Mar 8, 2024
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