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U.S. and it's Allies Coordinate Amid Growing Concerns of an Iranian Attack on Israel
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The Israeli intelligence community has revised its assessment, indicating that Iran may launch a direct attack on Israel in retaliation for the recent assassination of Hamas political bureau chief Ismail Haniyeh. According to two sources familiar with the situation, the attack could occur within days, possibly before the upcoming summit on the abductee deal

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Aug 13, 2024

El Al: Exceptional Q2 2024 Performance with $147 Million Net Profit and Strategic Expansion Plans
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El Al Airlines has released its financial results for the second quarter of 2024, showcasing an outstanding performance that aligns with earlier projections and underscores the airline's robust recovery and growth trajectory. The company reported revenues of approximately $839 million, marking a significant 33% increase from the $630 million recorded in the same quarter last year. This surge in revenue is attributed to a $29 million boost in cargo operations and strong passenger demand

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Aug 14, 2024

 Israeli extremists riot and harm innocent civilians in the West Bank - Widespread Condemnation
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The security establishment was alarmed last night (Thursday) by violent disturbances in the village of Jit, Samaria, where dozens of Jewish rioters set fire to homes and vehicles and allegedly shot and killed a young Palestinian man. A security source expressed shock, stating that the violence occurred "without a trigger, without an attack," and described the incident as serious. The source also noted a troubling increase in such incidents in recent months, raising concerns about the lack of law enforcement

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Aug 16, 2024

US Secretary of State Anthony Blinken Urges Ceasefire Deal in Tel Aviv Press Conference
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US Secretary of State Antony Blinken held a press conference Monday evening at the Kempinski Hotel in Tel Aviv, summarizing his brief visit to Israel amidst ongoing ceasefire negotiations and efforts to secure a hostage deal. In his meeting with Prime Minister Benjamin Netanyahu, Blinken stated that Netanyahu confirmed Israel's acceptance of the US mediation proposal discussed at the recent Doha summit, urging Hamas to reciprocate

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Aug 19, 2024

IDF Preemptive Strike Thwarts Major Hezbollah Attack on Israel: hundreds targets have been hit
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The Israeli Defense Forces (IDF) launched a preemptive strike early Sunday morning, preventing a significant Hezbollah attack planned to target strategic facilities across northern Israel and possibly central locations, including Ben Gurion Airport. A security source revealed that Hezbollah intended to launch thousands of rockets and drones at hundreds of military and strategic sites. The IDF's operation destroyed the launchers, significantly reducing the scale of the planned assault

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Aug 25, 2024

 Economic emergency plan doesn't include tax increases but freezes on updating payments to Israelis
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The economic emergency plan formulated by senior officials of the Ministry of Finance, as a temporary substitute for the failure to prepare an orderly state budget for 2025, does not include tax increases and the main point will be an almost complete freeze on updating payments to citizens, even though the rise in inflation this year is expected to be higher than 3% this year

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Aug 26, 2024

EU Foreign Minister Proposes Sanctions Against Israeli Ministers Smotrich and Ben Gvir
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The European Union's Minister of Foreign Affairs, Joseph Borrell, has announced his intention to request a joint decision from EU member states to impose sanctions on Israeli Ministers Bezalel Smotrich and Itamar Ben Gvir. Borrell's proposal requires the unanimous approval of all 27 EU countries, a challenging prospect given the political diversity within the Union. However, the mere discussion of such sanctions marks a significant shift in international approaches to dealing with extreme right-wing figures in Israel

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Aug 27, 2024

 Israeli Hostage Rescued from a Gaza Tunnel After Nearly 11 Months: "It was a cruel captivity"
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Kaid Farhan Al-Qadi, who was kidnapped on October 7, was unexpectedly found and rescued by IDF forces today (Tuesday) from a tunnel in the southern Gaza Strip

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Aug 28, 2024

Bank of Israel Governor Signals No Interest Rate Cuts Until Late 2025 Amid Economic Uncertainty
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The Bank of Israel is unlikely to lower its interest rate shortly, despite expectations of rate reductions in other countries, including the United States and the Eurozone. The central bank recently maintained the interest rate at 4.5%. In an interview with Ynet, Bank of Israel Governor Prof. Amir Yaron indicated that reducing the basic interest rate is improbable even within the first two quarters of 2025, given the current economic and geopolitical situation

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Aug 28, 2024

Fresh Ground Beef Prices Surge by 17% at Shufersal Revealing a Broader Market Trend
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The price of fresh ground beef at Shufersal has surged by 17%, highlighting a broader trend of rising meat prices across the market. As of this Sunday, the cost of fresh, chilled ground beef at Shufersal has jumped from NIS 28 per kilogram in 2022 to NIS 69.90 per kilogram—a more than twofold increase

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Aug 30, 2024

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