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Fighting between Israeli forces and Hamas has resumed after nearly two months of ceasefire, with the Israeli government launching extensive airstrikes against Hamas targets in the Gaza Strip. The Prime Minister’s Office confirmed that Prime Minister Benjamin Netanyahu and Defense Minister Yisrael Katz had instructed the Israeli Defense Forces (IDF) to take forceful action against the Hamas terrorist organization. The decision comes after Hamas refused to release hostages and rejected offers from U.S. President’s envoy, Steve Witkoff, and other mediators

The Supreme Court today (Wednesday) shortened the sentence of the former Deputy Minister of the Interior, Faina Kirschenbaum from ten to seven and a half years in prison. Kirschenbaum was convicted of bribery, fraud and breach of trust in the Israel Beitenu case. In addition to this, the judges also shortened the sentence of Rami Cohen, the former director general of the Ministry of Agriculture who was convicted in the case of accepting bribes and other crimes - from 30 to 18 months in prison

The average mortgage taken by Israelis from the banks in May set a new record - NIS 879,000. This is compared to an average mortgage of NIS 866,000 in April and NIS 797,000 in May 2020. In the last five years, the average mortgage has risen by 30%, while the price of an average apartment has risen by only 15%, according to the Central Bureau of Statistics. Data from the Bank of Israel published today (Wednesday) join the report of a record total of mortgages in May, which stood at NIS 9.5 billion. The number of loans for the purchase of an apartment amounted to 10,773 loans in May,...

Senior officials in Israel’s economy, after meeting with economists from Standard & Poor’s and Moody's, have raised concerns that an all-out war with Hezbollah—and potentially Iran—could lead to an immediate downgrade of Israel’s credit rating. These meetings highlighted the rating agencies' apprehension about the continued conflict in Gaza and along the Lebanese border and the increasing strain on Israel’s fiscal stability

Also on Saturday evening, riots and violent riots continue in Arab localities and mixed cities in the country, against the background of Operation in Gaza. The riots began at the end of Shabbat, and the police announced a curfew in Lod, which they mark as the main boiling point, starting at 19:00. To this end, and at the request of the Israel Police, Defense Minister Bnei Gantz extended the validity of the declaration of a "civil emergency" in Lod by an additional 48 hours. He toured the city and gave Police Commissioner Kobi Shabtai a declaration extending the validity of the civil...

The housing market is turbulent: According to the Central Bureau of Statistics (CBS), in the 12 months of September 2020 to August 2021: 49,000 new apartments were purchased, a 32% jump compared to the previous 12 months September 2019 - August 2020. In that period 37,000 appartments were purchased. In the 12 months that passed until September 2021, construction also began on 13,000 apartments that are not for sale (for example, by purchasing groups and projects of your home)