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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: Law
The International Criminal Court (ICC) has announced that it has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Galant for alleged crimes against humanity. The warrants, which cover the period from October 8, 2023, to May 20, 2024, are based on accusations of war crimes committed during the ongoing conflict in the Gaza Strip
Nov 21, 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
Category: Capital Market
The Bank of Israel has decided to maintain its key interest rate at 4.5% for the seventh consecutive time, reflecting the ongoing economic uncertainty and geopolitical challenges. The decision follows an upward revision of the state budget deficit for 2025 and persistent inflationary pressures within the Israeli economy
Nov 25, 2024
Category: Government
The Israel Defense Forces (IDF) mourned the loss of Sergeant Osman, who was killed in a violent clash between Jabaliya and Beit Lahiya, as part of a raid in the area. Osman, a member of Kfir's Brigade combat team, fell while engaging enemy forces in northern Gaza. His death brings the total number of IDF soldiers killed in the ongoing conflict since October 7 to 806
Nov 26, 2024
Category: Politics
Thousands of women and men gathered in front of the Zeev Fortress in Tel Aviv on Friday to participate in a silent protest calling for the return of 101 Israelis held hostage by Hamas in Gaza. The protest, organized by the "101 Watch" initiative—founded by the mothers of the abductees—marked the first time the demonstration was held in Tel Aviv, having previously taken place in front of the Knesset in Jerusalem
Nov 29, 2024
Category: Law
Authorities confirmed today that Kobi Yaakovi, the Prison Service Commissioner and former security secretary to National Security Minister Itamar Ben-Gvir, is under investigation on suspicion of obstruction of an investigation and breach of trust. The investigation has raised significant political tensions, with Ben-Gvir vocally defending Yaakovi and accusing the Israeli Attorney General’s office of a politically motivated attempt to undermine government policies
Dec 2, 2024