Articles

In a targeted Israeli attack in the Damascus area, Razi Mousavi, a senior officer of Iran's Revolutionary Guards, was killed, according to an announcement by the Revolutionary Guards on Monday. Mousavi, one of the oldest commanders in Syria and closely associated with the late Quds Force commander Qassem Soleimani, was reportedly attacked in the Seida Zainab neighborhood

Intel has revealed a comprehensive investment plan in collaboration with the Israeli government to bolster its production capabilities in Kiryat Gat. This development involves an additional $15 billion investment in the plant, supplementing the $10 billion commitment made in 2019. The multinational corporation will construct a new chip factory, supported by a substantial $3.2 billion grant disbursed over several years, constituting 12.8% of the total investment

the National Insurance's poverty report for Israel, published on Thursday, sheds light on the grim socio-economic situation prevailing in the country. The report underlines that income inequality and poverty rates in Israel are alarmingly high on the global scale

In a surprising move, credit rating company Ma'alot S&P announced today that it is elevating the rating of the aerospace industry to A-, just six months after boosting it to BBB+. The company attributes this change to the aerospace industry's resilient operational performance, which remains robust despite the ongoing war and reserve mobilization

In a chilling revelation, an American newspaper's two-month investigation has exposed a horrifying pattern of sexual-based violence during the "Nova" festival massacre, marking the darkest day in Israel's history. The video capturing an unidentified woman, initially known as "The Woman in the Black Dress," lying in despair has sparked a widespread search for victims' families

In a deeply troubling turn of events, reports emerging from Gaza paint a grim picture of hunger, disease, and an acute lack of medical supplies, as international media sheds light on a humanitarian crisis largely absent from Israeli news outlets. The UN Food Program's chief economist, Arif Hussein, expressed shock, stating, "I have never seen anything on a scale similar to what is happening in Gaza and at such a speed

In an abrupt change, the price of fuel in Israel skyrocketed overnight by 28 shekels per liter, reaching a staggering NIS 7.22 per liter for Octane 95. This surge comes after a decision made at noon in a Ministry of Finance meeting to not extend the discount on the current price, effectively ending a fuel subsidy through tax reduction that lasted for a year and a half

In a dramatic turn of events on New Year's Eve, Hamas carried out a series of rocket attacks, claiming responsibility for launching 20 rockets into the Tel Aviv area. The group boasted about its actions in a video, showcasing the launches, including the use of long-range M-90 rockets

In response to the economic challenges posed by the ongoing war since October and rising government deficits, the Bank of Israel has decided to cut interest rates by 0.25% to 4.5%. The move comes as the central bank acknowledges the significant economic consequences of the conflict, emphasizing the high level of uncertainty regarding its scope and duration. Market Disagreement and Expectations: The decision has sparked differing opinions in the capital market, with some predicting two consecutive interest rate cuts. Modi Shafferer, market strategist at Bank Hapoalim's trading room,...

In a significant development, the Israeli Supreme Court, with a majority of 12 judges, rejected a controversial law, signaling a resounding defeat for Binyamin Netanyahu and his allies. The ruling not only invalidated the law in question but, more importantly, affirmed the court's authority to strike down fundamental legislation enacted by the Knesset