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Category: Hitech
Elbit Systems — one of Israel’s largest defense and technology companies — briefly lost one-third of its market value in what turned out to be a trader’s costly typing error. At noon, trading screens showed a stunning 33% drop in Elbit Systems’ share price, raising alarm across the Tel Aviv Stock Exchange (TASE). While such a collapse might suggest a global breakthrough in diplomacy — perhaps a simultaneous end to the wars in Ukraine and Gaza — the cause was far more mundane: a human error.
Jun 11, 2025
Category: Communication
In light of the continuing state of emergency, public transportation across Israel will operate today (Sunday) in a reduced and emergency-focused format, prioritizing essential travel to hospitals, military bases, and evacuation points
Jun 14, 2025
Category: Financial
Following a situation assessment held Sunday evening between Finance Minister Bezalel Smotrich and Israel Securities Authority Chairman Adv. Sefi Singer, it was decided that trading on the Tel Aviv Stock Exchange (TASE) will proceed as scheduled on Monday, despite the escalating conflict with Iran
Jun 14, 2025
Category: Government
In light of the ongoing security situation, Education Minister Yoav Kish announced on Saturday evening that all educational institutions will operate via remote learning only during the coming week. The announcement applies to all levels of the education system—kindergartens, elementary schools, middle schools, and high schools.
Jun 14, 2025
Category: Politics
In a devastating overnight missile barrage by Iran, six people were killed and over 200 were injured in the cities of Bat Yam and Rehovot, as two direct hits leveled residential buildings and caused massive destruction. Among the dead are a 10-year-old boy, a young girl, and two elderly women. Authorities continue to search for seven missing persons as rescue operations stretch into Monday
Jun 15, 2025
Category: Health
In response to the ongoing security situation and following a government directive, El Al Airlines has announced the cancellation of its regular flight schedule — including that of its subsidiary Sun D’Or — through Monday, June 23, 2025. In its place, Israel’s national carrier is preparing to operate rescue flights from select international destinations to bring stranded citizens home
Jun 16, 2025
Category: Government
Israel’s energy infrastructure is facing mounting pressure following a deadly attack on the Bazan refinery complex in Haifa, which killed three employees, damaged a power station, and forced a complete shutdown of the country’s largest fuel producer. Bazan is responsible for 60% of Israel’s diesel and about half of its gasoline output
Jun 17, 2025
Category: Financial
In a detailed economic review released on Monday, S&P Global Ratings assessed the financial risks posed by the escalating war between Israel and Iran, with a focus on the potential impact on regional economies, energy markets, and investor sentiment
Jun 17, 2025
Category: Communication
The Home Front Command announced on Wednesday a partial easing of defense restrictions across most of the country, allowing a limited return to routine activities amid ongoing security concerns. The updated guidelines provide greater flexibility for workplaces and educational institutions, provided they have access to protected spaces
Jun 18, 2025
Category: Government
El Al Airlines announced Thursday evening that it will operate three emergency medical flights during the upcoming Shabbat, departing from Larnaca, Cyprus and Athens, Greece, to bring Israelis home in urgent life-saving medical situations (Pikuach Nefesh)
Jun 19, 2025