Articles

In a hastily arranged press conference, Finance Minister Bezalel Smotrich unveiled the key points of the 2025 budget proposal, estimating that war-related expenses will increase by NIS 200-250 billion. Smotrich expressed confidence that the budget deficit will decrease to less than 6.6% of GDP by the end of the year, with hopes of further reducing it to below 4% through increased revenues and a NIS 35 billion cut in expenses

The head of the Mossad, Dedi Barnea, confirmed to mediators on Monday that Israel is prepared to withdraw from the Philadelphia Axis as part of the second phase of the deal for the release of abductees held by Hamas. This statement came just hours before Prime Minister Benjamin Netanyahu publicly asserted that he was not ready to make such a concession. These conflicting signals have caused confusion and concern among those closely following the negotiations

Prime Minister Benjamin Netanyahu continues to stand firm on maintaining a presence in the Philadelphia axis, despite growing international pressure. Hamas, meanwhile, has officially rejected additional proposals for a potential hostage exchange deal, accusing Netanyahu of deliberately sabotaging negotiations

The family of Hersh Goldberg-Polin, one of six abductees murdered by Hamas during captivity, has allowed the publication of a psychological terror video released by the militant group. The video, published last night (between Thursday and Friday), shows Hersh addressing his family with a heartbreaking message, despite the likelihood that parts of it were dictated to him

The Israeli mortgage market continued its upward trend in August, with total mortgages reaching NIS 8.36 billion, according to Calcalist estimates. This marks a 19.2% increase compared to August 2023 and a 32% rise compared to the 12-month average of NIS 6.32 billion

Delta Galil, the Israeli underwear and sportswear manufacturer, has announced its entry into the Indian market for the first time. The company, controlled by Isaac Dabach, is establishing a joint venture with Reliance Industries, one of India's largest retail corporations

The IDF has released the names of the two reservists who were killed in the crash of a Black Hawk helicopter on the Philadelphia route between Gaza and Egypt: Master Sergeant Daniel Elosh (37) from Tel Aviv-Yafo, and Master Sergeant Tom Ish-Shalom (38) from Ness Harim. Both men were experienced fighters in the elite 669 Airborne Rescue and Evacuation Unit

A young Israeli man was fatally injured this morning in a suspected drive-by attack near the Assaf intersection, close to the settlement of Beit El Binyamin. The IDF spokesperson reported that the driver of the gas tanker involved in the incident was neutralized at the scene and is currently in serious condition. IDF forces have set up blockades in the area as they search for additional suspects.

Lt. Col. Yossi Shariel, commander of Israel’s elite Unit 8200, announced his resignation today (Thursday) following the unit’s failure to foresee the October 7 attack. In a letter to unit members, Shariel expressed deep regret over the incident, stating, "At 06:29 on October 7, I did not fulfill the task as expected of me, by my subordinates, commanders, and the citizens of the country that I love so much

Tnuva, Israel's largest dairy company, has decided to close one of its two remaining milk bag production lines, significantly reducing the supply of the country's cheapest type of regulated milk. Despite the ongoing war in the south and military tensions in the north, Tnuva's move appears to be a strategic business decision, with widespread implications for consumers