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Category: Government
An American official and a former Israeli official, briefed on recent developments, revealed that the Biden administration has conveyed a stern warning to Iran: any further attacks on Israel will lead to a more robust Israeli response, which the U.S. may not be able to restrain
Nov 3, 2024
Category: Communication
The ongoing security situation in Israel has led to a sharp decline in international flights, with major foreign airlines announcing daily cancellations to and from the country. Notable aviation giants such as American Airlines, the Greek carrier Aegean Airlines, and the German Lufthansa Group have all decided to halt services to Israel for the foreseeable future. Air France has extended its suspension of all flights until November 12, while American Airlines has gone a step further, announcing that it will not fly to Israel until at least September 2025
Nov 4, 2024
Category: Government
lPrime Minister Benjamin Netanyahu’s defense attorneys have requested a 10-week delay in his testimony for his ongoing corruption trial, pushing his appearance on the witness stand to February 2025. The request, filed late Monday, comes in response to a series of extraordinary events that the defense argues have hindered Netanyahu’s preparation for the trial
Nov 11, 2024
Category: Government
Alarms sounded in the Haifa and Kiryat areas on Monday afternoon following an intense barrage of rockets fired from Lebanon, marking one of the heaviest attacks on northern Israel since the onset of the war. The IDF confirmed the detection of 90 rocket launches, with the majority intercepted by the Iron Dome missile defense system. Despite the interceptions, several rockets fell in populated areas, causing damage to property and resulting in casualties
Nov 11, 2024
Category: Government
The Israel Defense Forces (IDF) confirmed today that it has decided to freeze the reserve service of Lt. Col. (res.) Ron Sharf, one of the leaders of the "Brothers in Arms" organization, until July 2025. The decision comes in the wake of Sharf’s vocal opposition to the government's judicial overhaul plan, which has been at the heart of political protests across Israel
Nov 13, 2024
Category: Capital Market
According to the Central Bureau of Statistics, the consumer price index (CPI) for October rose by 0.5% compared to the previous month. Still, annual inflation held steady at 3.5%, the same rate as during the corresponding period last year. Despite the monthly increase, the overall inflation rate remains within the government’s target range, though it continues to challenge economic policymakers
Nov 15, 2024
Category: Government
A significant Israeli airstrike destroyed a key Iranian military facility in Parchin, located 30 kilometers east of Tehran, on the night of October 25. The attack, part of a broader Israeli operation, has been described by officials as a major setback for Iran's covert nuclear weapons research efforts
Nov 15, 2024
Category: Capital Market
The Likud party has proposed a new law to establish a political investigation committee to probe the October 7 massacre, which will replace the state investigation committee as outlined in existing legislation. The proposed law stipulates that the events surrounding the massacre cannot be investigated by any other means than those set forth within this bill, limiting investigative channels exclusively to the committee's framework
Nov 20, 2024
Category: Hitech
The Mossad and the United Arab Emirates (UAE) intelligence agencies have launched an investigation into the disappearance of Zvi Kogan, a Chabad emissary in Abu Dhabi. Kogan, an Israeli-Moldovan citizen, went missing on Wednesday, sparking fears that he may have been kidnapped or murdered by terrorist elements. Early assessments suggest that the incident could be linked to Iranian operatives in the UAE, with intelligence agencies working together to uncover what happened
Nov 23, 2024
Category: Capital Market
In a move that signals ongoing economic adjustments, the Israeli government has approved a second increase to the 2025 state budget deficit in less than a month. The revised deficit for next year’s budget has been set at 4.4%, up from the previously approved 4.3%, amounting to an additional 80 billion shekels. The decision to raise the deficit was almost unanimous, with the sole exception being Minister Gila Gamliel, who voiced her opposition
Nov 24, 2024