Unexpected 3rd Quarter 3.8% Growth in Israeli Economy Despite Multi-Front War

Despite its decades-long loyalty to the Jewish State, investment giant Goldman Sachs on Monday lowered its growth forecast for Israel for 2024 to 0.4%.

Israelis Seeking Cheaper Ways to Fly to NY

The cost of a plane ticket to the US on an El Al flight currently starts at close to $1,000 and the flights are packed

Elbit Wins $200 Million Contract to Provide Laser Defense System

Defense Ministry Director-General, Major General (Ret.) Eyal Zamir, stated that the ground laser system is expected to enter operational service in a year.

International Insurance Assessor: 1 in 5 Turkish Companies Faces Bankruptcy

Turkey’s sad economic state of affairs is not affected by its worsening trade relations with Israel, but it doesn’t help.

Ranked 7th in the World in AI Development, Israel Invests $133M in Phase 2...

This phase will run until 2027 with an allocated budget of NIS 500 million ($133 million).

MOD Signs $23 Million Deal with Ashot Ashkelon for Merkava Tank, Namer APC Components

This transaction is one of several strategic moves by the Ministry of Defense to ensure the IDF's operational needs are consistently met, both now and in the future.

Standing Up the Pro-Hamas Pressure, Barclays Rescinds Decision to Pull Out of Israeli Bonds

More than 15 Barclays branches in the UK and Scotland have been covered in red paint and their windows smashed.

Report: PA Banks Are Knee Deep in Shekels They Cannot Put to Use

The excess cash, exceeding $1 billion, is just one of many challenges facing the PA’s financial system.

Religious Zionism MK’s Bill Countermands Sanctions on Settlers Via the Bank of Israel

There’s a fundamental problem with MK Sukkot’s bill: it oversteps the Bank of Israel Law.

IAI Introduces ‘Wind Demon’ Air-to-Surface Cruise Missile

Celebrated for its effectiveness and efficiency, the Wind Demon boasts a meager cost-per-hit ratio.

Saks Fifth Avenue, Neiman Marcus Merging with Help from Amazon

The deal is pending regulatory approval and could take up to nine months for the Federal Trade Commission to give a final green light.

Nefesh B’Nefesh Hosts Second Annual Financial Literacy Conference for Olim

“This conference provides strategies for preserving assets and preparing for recovery during turbulent times."

Meet Joseph Abruzzo, Israel Lover & Biggest Israel Bonds Buyer

A group of Palm Beach County residents filed a lawsuit against the county government over its investment in Israeli bonds.

Smotrich Levies 100% Tarif on Turkish Imports As Long As Erdogan Is President

The resolution to be submitted for the government's approval next week will remain in effect until Erdogan leaves office.

S&P Demotes Israel’s Rating from A-Plus to AA-Minus Citing Prolonged War, Iranian Attack

S&P predicts that Israel’s 2024 economic growth will not be above 0.5%, compared with 2% in 2023.

Iran’s Inflation Hits 50% as Coin Sinks to 660,000-rial to the Dollar

Food prices are soaring, and Iranians are exchanging their money for gold.

Adidas Eliminates Number 44 from Germany’s Soccer Jerseys – Looks too SS-Like

In Germany, the public exhibition and distribution of the SS symbol are prohibited and can result in criminal charges.

Ben-Gurion University Unveils Blueprint for Development of a Thriving Post-War Negev

“In the wake of October 7th, we are called to yet another challenge: transforming the Negev into not only a scientific engine, but also a resilient society.”

Smotrich’s Revenge: Biden’s Sanctions on Settlers Turned into Potential Collapse of PA Banking System

Without government protection, the Israeli banks are expected to sever ties with the PA banks.

Azerbaijan Buys Israeli Advanced High-Altitude System to Detect Iranian, Armenian Missiles and Aircraft

It can maintain continuous surveillance for several days and is capable of tracking up to 500 targets with a detection range of over 250 km.

Israel Successful at Selling $8 Billion Bonds to Cover War Deficits

The underwriters in the offering are the Bank of America, Merrill Lynch, Bank BNP Paribas, Deutsche Bank, and Goldman Sachs.

Skyrocketing Cocoa Prices Cause Worldwide Chocolate Shortage

Cocoa, the key ingredient in chocolate, has more than doubled in price over the past year.

Construction Labor Crisis Offers Opportunity for Haredim to Triple their Income

One of the most inspired outside-the-box solutions is replacing the missing workers with Israelis.

Billionaire Nelson Peltz Resigns from Wiesenthal Center Board over Call to Boycott Ben &...

Since the October 7 massacre, Anuradha Mittal, founder of the progressive think tank Oakland Institute, and the head of the board of directors of...

Shekel Getting Stronger Despite Prospects for Long War

The longer the war lasts, the less likely the Bank of Israel would be able to compensate for inflationary trends.

Senior Business Executives Mobilizing to Save Israeli Farmers

The collaborative spirit demonstrated by these CEOs and their respective companies reflects a beacon of hope amid tumultuous times.

Report: Gaza War Brought Down Israel’s Rental Prices

Tel Aviv available rentals in the last two weeks of October 2023 jumped 93.3% compared to October 2022.

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