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by Ifi Reporter
Category: Politics
Thousands gathered on Sunday evening at the Nation Buildings in Jerusalem for the opening of the right-wing conference titled "For the Victory of Israel." Organized by the Samaria Council, the Nahala movement, and other bodies, the conference advocates for the return of Jewish settlement in the Gaza Strip
Jan 28, 2024
by Ifi Reporter
Category: Financial
In a decision reached during today's Electricity Authority plenum meeting, the electricity prices in Israel are set to increase by 2.6% starting February 1, 2024. The approval follows a three-week public hearing process and aims to address various challenges, including economic difficulties due to the ongoing war
Jan 29, 2024
by Ifi Reporter
Category: Politics
In a covert gathering held approximately a week ago in Riyadh, Saudi Arabia, key representatives from Saudi Arabia, Egypt, Jordan, and the Palestinian Authority strategized on coordinating their positions for the aftermath of the conflict in Gaza. The meeting aimed to discuss ways in which a "renewed Palestinian Authority" could play a role in the administration of the Gaza Strip, according to sources familiar with the matter
Jan 29, 2024
by Ifi Reporter
Category: Government
In the latest volley of attacks, approximately 10 rockets were fired into Gush Dan and the Lowlands, causing shrapnel to fall in various locations. The southern area of Khan Yunis was identified as the origin of the rocket fire, prompting alerts across settlements in Gush Dan and the Shefala, including Tel Aviv, Holon, Bat Yam, Nes Ziona, Beer Ya'akov, and Ramla
Jan 29, 2024
by Ifi Reporter
Category: Law
In the recently released Corruption Perception Index (CPI) for the year 2023, Israel has experienced a notable drop, falling to 33rd place with a score of 62. This comes after a positive shift in 2022, where Israel climbed five places with a score of 63, compared to the lowest score of 59 in 2021
Jan 30, 2024
by Ifi Reporter
Category: Government
In a significant development following the Paris summit, NBC reports that Israel has agreed to the mediators' proposal for a hostage deal. The proposal, set to be sent to Hamas today, outlines a plan for the staged release of abductees. The deal is contingent upon a prolonged ceasefire and the delivery of aid shipments to Gaza
Jan 30, 2024
by Ifi Reporter
Category: Government
In a move reflective of the challenging economic landscape, Osem Nestlé and Unilever have announced price hikes on a range of products starting March 1. Osem Nestlé's price adjustments will affect popular items such as Sabar salads, Tivol products, Bonjour pastries, Osem ketchup, noodles for soup, sauces, cookies, and chocolate-based products like Apropos and Kitkat. The increases vary between 3% and 9%, with some products seeing an 8%-5% rise. Osem Nestlé emphasized that this adjustment pertains to around 14% of its total product offerings, primarily those produced in industrial plants...
Jan 31, 2024
by Ifi Reporter
Category: Financial
Teva Pharmaceutical Industries, a leading pharmaceutical giant, has announced a notable annual revenue growth of 6.2% for 2023, bringing in a total of $15.8 billion. After enduring five consecutive years of decline, this resurgence is attributed to a substantial advance payment of $500 million received from Snoopy Pharmaceuticals as part of a collaborative effort on an innovative anti-TL1A drug
Jan 31, 2024
by Ifi Reporter
Category: Capital Market
The IMF economists express concerns that the conflict in Gaza could escalate further, and continued attacks by the Houthis in the Red Sea, a crucial route for 11% of world trade, could disrupt supply chains and impede the global recovery. The ongoing war in Ukraine adds to the risks, potentially causing spikes in food, energy, and transportation prices, which have already seen a sharp increase
Jan 31, 2024
by Ifi Reporter
Category: Government
In a significant move, President Joe Biden signs an order targeting individuals deemed to "act against stability and security" in the ongoing conflict in Judea and Samaria. The sanctions are not limited to Israelis but include anyone engaging in violent actions, irrespective of nationality
Feb 1, 2024