Articles

In a significant development, Israel has confirmed its responsibility for the assassination of Hezbollah's UAV commander, Ali Hussein Borji, in southern Lebanon. The Israeli Defense Forces (IDF) spokesperson, Daniel Hagari, revealed that Borji led numerous operations against Israel, including a recent drone infiltration from Lebanon

In a significant development, the International Court of Justice (ICJ) convened to address South Africa's lawsuit accusing Israel of genocide. The initial three-hour session focused on South Africa's claims against Israel, alleging the most serious charge of genocide. South Africa presented statements by ministers and officials to support its case

In a recent report from the Chief Economist Division at the Ministry of Finance, November 2023 witnessed a partial rebound in housing market activity compared to the previous month. However, the numbers remain alarmingly low, marking the lowest level of transactions recorded in November over the past two decades

In a recent series of developments, American and British forces carried out multiple attacks against Houthi rebels in Yemen, escalating tensions in the region. The United States Army, in coordination with the United Kingdom and support from Australia, Canada, the Netherlands, and Bahrain, launched joint strikes targeting Houthi positions

In a tragic turn of events on Saturday evening, Major (res.) Dan Weidenbaum, 24, from Ra'anana, lost his life in a battle in the center of the Gaza Strip. Weidenbaum, a fighter in Battalion 5037 of the Yiftach Brigade, was killed, leaving his family in grief. Simultaneously, a reserve officer from the 7155th battalion of Uzbat Hod HaHanit was seriously injured in a battle in the southern Gaza Strip. Additional casualties included a fighter in the Shu'ali Ha'Marum Reserve and an officer from the 605th Engineering Battalion of Uzbat Barak, both seriously injured in Thursday's battles in the...

In a sobering revelation, the Ministry of Finance anticipates a staggering 6.5% deficit of the GDP for the year 2024, attributing the alarming shortfall to heightened expenses associated with financing ongoing military efforts. The updated draft of the budget proposal, yet to be officially distributed, sheds light on the financial predicament gripping the nation

Despite a 0.1% decrease in the Consumer Price Index (CPI) for December, Israel concluded 2023 with a yearly inflation rate of 3%, precisely hitting the upper limit of the government's targeted range (1%-3%). This marks a notable slowdown compared to 2022, which saw a substantial 5.3% increase in prices

Kibbutz Beeri releases a statement confirming the murder of abductees Itai Sabirsky and Yossi Sharabi, who were being held captive by Hamas. Families express grief as Hamas releases video, falsely claiming Israeli forces' involvement. The IDF denies responsibility and launches an investigation

Recent data from the Central Bureau of Statistics (CBS) paints a complex picture of Israel's economic landscape in October, the month when the war broke out. The average salary for a salaried employee stood at NIS 12,492, showing a 6% increase compared to October 2023 but a noticeable dip from September's almost NIS 13,000. Adjusted for inflation, the average salary at constant prices was NIS 10,619, reflecting a modest 2.2% uptick from October the previous year

In a surprising move, Solaredge, a prominent player in the renewable energy sector, has unveiled plans for an extensive streamlining program, involving the layoff of 900 employees, with 550 job cuts in its home base, Israel. This amounts to a significant 16% reduction in the company's workforce, which currently stands at around 5,500 employees