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Category: Government
Prime Minister Benjamin Netanyahu has backtracked on a ceasefire agreement with Lebanon that he verbally supported in talks with the U.S. and France, following intense political pressure from his coalition in Israel, diplomatic sources revealed Thursday. Initially, Netanyahu, along with Minister Ron Dermer, had been regularly updated and gave their blessing to the American-French proposal for a temporary ceasefire. However, during his flight to the U.S., Netanyahu reversed course after facing criticism from within his government
Sep 26, 2024
Category: Health
On Friday, Israeli Prime Minister Benjamin Netanyahu delivered a charged speech at the United Nations General Assembly in New York, as dozens of diplomats walked out in protest. Netanyahu, undeterred, spoke about Israel’s fight for survival, stressing that the country seeks peace but is surrounded by enemies intent on its destruction
Sep 27, 2024
Category: Capital Market
In a significant move, the international credit rating agency Moody's announced this evening that it has downgraded the credit rating of the Israeli government from A2 to BAA1. This two-level drop reflects growing concerns over geopolitical risks, marking the lowest rating Israel has ever received. The downgrade aligns Israel's rating with Kazakhstan, Peru, Andorra, Thailand, Bulgaria, Uruguay, and Spain
Sep 27, 2024
Category: Politics
Since Sunday evening, Israeli Prime Minister Binyamin Netanyahu and former rival Gideon Sa'ar have re-entered a political partnership, each sticking to their established roles in this complex dance of alliances. Sa'ar and his colleague Ze'ev Elkin have executed a calculated political maneuver, achieving the maximum possible under current circumstances
Sep 29, 2024
Category: Capital Market
Starting at midnight between Monday and Tuesday, the price of 95 octane gasoline in self-service stations will decrease by 13 shekels, bringing it to NIS 7.16 per liter (including VAT). This marks the third consecutive decline since August
Sep 29, 2024
Category: Hitech
Israel Aerospace Industry officially opened its new Ofak factory for electronic production in Ofakim, following an investment of NIS 50 million. This inauguration comes just seven months after the company's Board of Directors approved the proposal by Chairman Amir Peretz
Sep 30, 2024
Category: Capital Market
In a significant financial move, S&P Global Ratings announced on Wednesday night that it has downgraded Israel's credit rating from A+ to A, now accompanied by a negative outlook. This change suggests that further downgrades could occur in the near future
Oct 1, 2024
Category: Financial
Teva Pharmaceutical Industries Ltd. announced a significant expansion of its collaboration with ambiance, focusing on developing biosimilar drugs—generic versions of biological medications created through the genetic engineering of mammalian cells or bacteria. This new agreement specifically targets a biosimilar version of an oncology drug from the PD-1 control protein blocker group
Oct 3, 2024
Category: Government
A significant missile attack occurred tonight (Sunday) as several projectiles were launched from Lebanon towards Tiberias and nearby northern settlements. The Israel Defense Forces (IDF) reported that at 11:22 p.m., approximately five missiles were detected crossing into Israeli territory near Carmel and the Gulf, leading to interception attempts
Oct 6, 2024
Category: Government
The IDF has reported the death of Sergeant Noam Israel Abdo, a 20-year-old soldier from Makdima Zoran serving in the 17th battalion (platoon commander training) of the Bislah Brigade. Abdo was killed in battle in the northern Gaza Strip, and his family has been notified. Following his death, he was posthumously promoted from sergeant to sergeant major
Oct 8, 2024