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Fitch Removes Negative Watch on Israel's Credit Rating But Forecasts Negative Outlook
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Fitch, the renowned international credit rating company, has stirred the financial world by placing the credit rating of the State of Israel, which currently stands at +A, under "Rating Watch Negative." This announcement follows a shift in the perception of geopolitical risk in the wake of the "Iron Swords" war

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Apr 2, 2024

Thousands of people including families of abductees demonstrated in front of the Knesset building
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by Ifi Reporter

Category: Politics

Thousands of people, including families of abductees, demonstrated on Tuesday evening in front of the Knesset building, demanding the release of the abductees and the holding of elections immediately. At the end of the rally, hundreds of demonstrators marched with torches towards the Prime Minister's House and the President's House, and clashes broke out with the police at both locations. The police forcibly evicted protesters who broke through barriers and approached Netanyahu's house, and sprayed skunk liquid on other protesters. At least five protesters were arrested throughout the evening

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Apr 2, 2024

 Competition Authority has launched an investigation into El Al over accusations of price extortion
1983 Views Details

by Ifi Reporter

Category: Agriculture

The Competition Authority has launched an investigation into El Al Airlines over accusations of price extortion and exploitation of its monopoly status during the recent conflict. Consumers and industry stakeholders have voiced concerns that El Al significantly raised prices as foreign airlines suspended operations in Israel at the onset of the war, effectively monopolizing popular routes and capitalizing on the lack of competition. While El Al is not officially designated as a monopoly, it held approximately 80% market share during the early stages of the conflict, with over 60% still...

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Apr 3, 2024

4 police officers have been injured tonight in a terrorist  attack near Kochav Yair
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by Ifi Reporter

Category: Government

Tonight (Wednesday), four police officers were injured in a stampede and stabbing attack near Kochav Yair, close to the Tira intersection. Medical teams from Magen David Adom (MDA) provided treatment to the wounded, with one officer in serious condition and another in moderate condition. The assailant, identified as a 26-year-old resident of Tira, was shot dead by security personnel

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Apr 3, 2024

The fast-food chain McDonald's Israel is being sold back to the American food chain
630 Views Details

by Ifi Reporter

Category: Financial

McDonald's Israel is being sold: Omri Padan, CEO and owner of the McDonald's franchise in Israel, Eloniel Ltd., announced on Thursday that he signed an agreement on the sale of the company to McDonald's worldwide

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Apr 4, 2024

 IDF investigation on the killing of 7 aid workers: serious failures in decision-making
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by Ifi Reporter

Category: Government

The killing of seven aid workers in the Gaza Strip by the IDF was attributed to a lack of discipline among commanders in the field, rather than coordination problems between the army and humanitarian organizations, according to sources within the IDf

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Apr 5, 2024

4 IDF  soldiers have been killed in Gaza Strip - terrorists stormed from a tunnel in Khan Yunis
770 Views Details

by Ifi Reporter

Category: Government

Four Israeli Defense Forces (IDF) soldiers tragically lost their lives in a skirmish with terrorists in the northern region of Khan Yunis in the Gaza Strip. The soldiers, including Captain Ido Baruch, Sergeant Amitai Ibn Shoshan, Sergeant Rif Harush, and a senior sergeant from Kidar, were engaged in security operations when they encountered enemy forces

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Apr 7, 2024

Nationwide Protests Demand "Elections Now" Amidst Political Turmoil - A driver ran over 5
506 Views Details

by Ifi Reporter

Category: Politics

A wave of protests swept through Israel on Saturday night, with demonstrators in approximately 50 locations demanding immediate elections. The main rally in Tel Aviv's Kaplan Street drew tens of thousands, according to organizers, with estimates exceeding a hundred thousand attendees

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Apr 7, 2024

Record Number of Humanitarian Aid Trucks Enter Gaza Amidst Stalled Negotiations and IDF Withdrawal
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by Ifi Reporter

Category: Government

On the six-month mark since the outbreak of the conflict, the situation in Gaza remains complex as a record number of humanitarian aid trucks, approximately 322, entered the territory today. This influx comes amidst stalled negotiations for the release of abducted individuals and the withdrawal of IDF forces from Khan Yunis

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Apr 7, 2024

Israel Bank decided to keep the interest rate at a rate of 4.5% despite a slowdown in inflation
403 Views Details

Monday, the Governor of the Bank of Israel, Prof. Amir Yaron, announced the Monetary Committee's decision to maintain the interest rate at 4.5%, despite a slowdown in inflation to 2.5%. Prof. Yaron emphasized the need for caution, stating that "a full recovery of the economy is still a distant goal," and that future interest rate adjustments will hinge on inflation converging with economic policy targets

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Apr 8, 2024

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