Israel Financial News

Joe Biden highlighted that he hopes there will be a ceasefire in the Israel-Hamas conflict by «next Monday,» as reported by CNN. He further said that we are close to it but it's not done yet.

The Claman Countdown panelists Kenny Polcari and Joseph Lavorgna break down the Federal Reserves moves.

By Nupur Anand

British Prime Minister Rishi Sunak said on Monday that a Conservative lawmaker was wrong to say the mayor of London is controlled by Islamists, and denied his party tolerates anti-Muslim prejudice. Sunak was pressured to condemn Islamophobia after the comments by Lee Anderson about Mayor Sadiq Khan, amid growing tensions within British politics over the Israel-Hamas war. The Conservative lawmaker claimed Islamists had «got control» of Khan and the city of London. Khan is Muslim and a member of the opposition Labour Party.

Gold rate today, 26 Feb 2024: Gold price dips as US dollar index hits 2-month high. US Fed rate, GDP data in focus Since November, oil prices have fluctuated within the range of $70 to $90 per barrel. This fluctuation can be attributed to several factors, including increasing U.S.

Greece has formally agreed to participate in and lead a European Union maritime security operation in the Red Sea, to protect commercial shipping from attacks by Houthi militants in Yemen

By David Morgan

Yogi Adityanath on Monday inaugurated the Adani Ammunition Complex and Missiles Complex in Kanpur, the first leg of the state’s defence corridor. The South Asia’s largest manufacturing complex has been dedicated to the brave warriors of the Balakot strike who carried out 'Operation Bandar' in response to the Pulwama attack that claimed the lives of 40 Central Reserve Police Force (CRPF) soldiers. The two units are being projected as a symbol of India's journey towards self-reliance and technological prowess in the defence sector.

By Patricia Zengerle

chips race, now has to evaluate $21 billion of semiconductor proposals and divvy up taxpayer support between foreign chipmakers, local champions or some combination of the two. Israel’s Tower Semiconductor Ltd. is proposing a $9 billion plant, while India’s Tata Group has put forward an $8 billion chip fabrication unit, people familiar matter said. Both projects would be in Prime Minister Narendra Modi’s home state of Gujarat, the people said, declining to be named as the matter is not public. Semiconductors have grown into a key geopolitical battleground, with the US, Japan and China investing heavily in developing domestic capabilities. Modi’s push to turn India into a global manufacturing hub also includes luring international chipmakers to the country — a bid to catch up in the sector to save money on expensive imports and enhance a growing smartphone assembly industry.

United Nations chief Antonio Guterres on Monday deplored how the U.N. Security Council had failed to respond adequately to the Israel-Hamas conflict in Gaza and Russia's invasion of Ukraine, saying the conflicts had «perhaps fatally» undermined its authority. Speaking at the opening of the U.N. Human Rights Council in Geneva, Guterres said the U.N. Security Council often found itself deadlocked and «unable to act on the most significant peace and security issues of our time». «The Council's lack of unity on Russia's invasion of Ukraine, and on Israel's military operations in Gaza following the horrific terror attacks by Hamas on 7 October, has severely — perhaps fatally — undermined its authority,» he said.

Mint, Nisheeth Srivastava, chief technology & innovation officer, India Industry Platform, Capgemini, shared that the increase in headcount aligns with industry competitors, marking a positive shift after a challenging FY24 across the IT sector. As of February 2024, Capgemini had 175,000 employees in India.

U.S. military service member set himself on fire, in an apparent act of protest against the war in Gaza, outside the Israeli Embassy in Washington on Sunday afternoon, authorities said. The man was transported to an area hospital after the fire was put out by U.S. Secret Service officers, DC Fire and EMS posted online. The man remains in critical condition, a Metropolitan Police Department spokesperson said Sunday afternoon. An Air Force spokesperson confirmed that the incident involved an active-duty airman. «I will no longer be complicit in genocide,» said the man, wearing military fatigues, in a video he broadcasted live over the internet, according to the New York Times.

Israel's military proposed a plan Monday for «evacuating» civilians from the Gaza Strip, after Prime Minister Benjamin Netanyahu said a ground invasion of the Palestinian territory's southern city Rafah was necessary for «total victory». Foreign governments and aid organisations have repeatedly expressed fears that such an operation will inflict mass civilian casualties in Rafah, where around 1.4 million Palestinians — most of them displaced from other areas — have converged. It is also the entry point for desperately needed aid, brought in via neighbouring Egypt.

By Colleen Howe

southernmost city of Rafah could be “delayed somewhat" if a deal is reached for a weekslong cease-fire between Israel and Hamas. He further claimed that total victory in the territory would come within weeks once the offensive begins in Rafah as four of the six remaining Hamas battalions are concentrated there. Thus, Israel is set to undertake plans to expand its offensive against the Hamas militant group to Rafah on the Gaza-Egypt border even as humanitarian groups have warned of a catastrophe.

WASHINGTON (Reuters) — President Joe Biden plans to meet with congressional leaders Tuesday to discuss funding the government as a partial shutdown deadline looms on Friday, the White House announced Sunday.

By David Milliken

Israeli military offensive in the southernmost city of Rafah could be «delayed somewhat» if a deal for a weekslong cease-fire between Israel and Hamas is reached, Prime Minister Benjamin Netanyahu said on Sunday, but claimed that total victory in Gaza is «weeks away» once the offensive begins. Netanyahu confirmed to CBS that a deal is in the works, with no details. Israeli media reported that mediators were making progress on an agreement for a cease-fire and release of dozens of hostages held in Gaza as well as Palestinians imprisoned by Israel. Several Israeli media outlets, citing unnamed officials, said the War Cabinet tacitly approved it. Talks resumed on Sunday in Qatar at the specialist level, Egypt's state-run Al Qahera TV reported, citing an Egyptian official as saying further discussions would follow in Cairo with the aim of achieving the cease-fire and release. Meanwhile, Israel is developing plans for expanding its offensive against the Hamas militant group to Rafah on the Gaza-Egypt border, where more than half the besieged territory's population of 2.3 million have sought refuge.

United States said Sunday that multinational talks in Paris came to an «understanding» on a possible deal for Hamas to release hostages and for a new ceasefire in the Gaza war. An Israeli delegation led by Mossad chief David Barnea was in the French capital on Friday to discuss a deal to ensure a fresh ceasefire and the release of hostages held by Hamas in Gaza in exchange for Palestinian prisoners held by Israel.

By Dan Williams and Nidal al-Mughrabi