Israel Financial News

Prime Minister Justin Trudeau says the amount of military aid NATO allies have been shipping to Ukraine to help its fight against Russia’s invasion means “everyone is in big trouble” with military supplies.

After days of wrangling to avert a threatened U.S. veto, the Security Council on Friday passed a resolution urging steps to allow «safe, unhindered, and expanded humanitarian access» to Gaza and «conditions for a sustainable cessation» of fighting.

White House on Friday said it was closely monitoring Houthi attacks on ships in the Red Sea, but did not expect the situation to have a significant impact on holiday prices or the availability of products. Lael Brainard, director of the White House National Economic Council, told reporters that the U.S. economy was proving resilient, with inflation having come down faster than even the more optimistic forecasts had indicated, the labor market rebounding, and growth remaining solid.

UN chief said the way Israel was conducting its military operation was creating "massive obstacles" to aid distribution inside the battered enclave. It has passed a resolution urging steps to allow “safe, unhindered, and expanded humanitarian access" to Gaza.

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By Georgina McCartney and Arathy Somasekhar

Gaza during Israel's war against Hamas, health officials said on Friday, the latest indication of the staggering cost of the conflict as Israel expands its ground offensive and orders tens of thousands more people to leave their homes. The deaths, amounting to nearly 1% of the territory's prewar population, are just one measure of the devastation wrought by the conflict that over 11 weeks has displaced nearly 85% of Gaza's people and leveled wide swaths of the tiny coastal enclave. More than half a million people in Gaza — a quarter of the population — are starving, according Oct. 7 attack.

After days of delays, the resolution also called for the creation of «conditions for a sustainable cessation of hostilities» but did not call for an immediate end to fighting.

Israel broadened their ground offensive. The UN Security Council passed the resolution on Gaza aid delivery with 13 votes in favor, zero votes against, and two abstentions. Russia, and United States abstained from voting on the resolution.

By Scott DiSavino

tears leads to reduced aggression in men. The research led by Weizmann Institute of Science, Israel, showed that tears from women contained chemicals that lowered men's brain activity linked to aggression and thus, weakened aggressive behaviour in them. While this process of social chemo signalling is known to be common in animals — male aggression in rodents is blocked when they smell female tears — the process is less understood in humans, the researchers said in their study published in the journal PLOS Biology.

extreme measures to afford a simple meal," the WHO added. As Israel continues its attack on Hamas-ruled Gaza, the Integrated Food Security Phase Classification (IPC) global partnership released new estimates, saying Gaza is facing "catastrophic levels of food insecurity", with the risk of famine "increasing each day". The horror doesn't end here.

Emmanuel Macron will be the Chief Guest come January 26 after the European country accepted India's invitation to be a part of India's Republic Day celebrations, becoming the sixth French leader to attend the event US President Joe Biden reportedly declined India's invitation to be the Republic Day chief guest, citing reasons believed to be influenced by the State of the Union address, his re-election bid, and Washington's increasing focus on the Hamas-Israel conflict. Ties between India and France have grown steadily in recent years. In July, Prime Minister Narendra Modi participated in the Bastille Day parade as the guest of honour during the French National Day celebrations.

Beaming at every turn, North Korean dictator Kim Jong Un toured the jewels of Russia’s military industries in September. A guest of President Vladimir Putin, he gawked at the plant making Su-35 jet fighters, inspected a Russian Navy frigate and examined the Kinzhal missiles at the Vostochny spaceport. Soon thereafter, trainloads of North Korean artillery shells started rolling to Russian troops in Ukraine—by American calculations, as many as one million munitions, or roughly three times what European nations had been able to supply in a whole year.

UN Security Council on Thursday again delayed a vote on a watered-down resolution to deliver desperately needed aid to Gaza — a revision backed by the United States, while other countries support a stronger text that would include the now eliminated call for the urgent suspension of hostilities between Israel and Hamas. The revised draft resolution was discussed behind closed doors for over an hour by council members not long after it was circulated. Because there were significant changes, many said they needed to consult their capitals before a vote, which is now expected Friday. US Ambassador Linda Thomas-Greenfield told reporters after the consultations that the United States backs the new text, and if it is put to a vote the U.S. will support it.

The scale of the attack aside, when Hamas terrorists flew into Israel on 7 October using paragliders, it took everybody by surprise. After 9/11, air attacks weren’t unexpected, but little had anybody imagined terrorists could use such small flying machines to execute an attack that big, even as Israeli defences were perhaps focused more on land routes.

World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus has said that Northern Gaza has no more functioning hospitals, The New York Times reported. The WHO Director-General described scenes of horror witnessed by aid workers in the ruins of two partially destroyed medical facilities.

United Nations Security Council once again pushed back a vote for a much-delayed resolution on the war between Hamas and Israel, diplomatic sources said Thursday. The postponement to Friday came even as the United States, which has opposed a number of proposals during the resolution's drafting, said it was ready to support it in its current form.

The World Bank says the ripple effects of the war in Gaza are likely to knock Lebanon’s fragile economy back into recession

oil prices rise given the current geopolitical uncertainty exacerbated by recent attacks on commercial vessels in the Red Sea.“It’s very traditional that oil prices and gasoline prices bottom around the middle of December,” said Tom Kloza, global head of energy analysis with the Oil Price Information Service.“Then after that … the market will grab pieces of news to justify price advances.”Houthi strikes on commercial vessels in the Red Sea are part of the Yemen-based group’s attacks on Israel and countries trading with it. Israel is fighting Hamas in Gaza following that group’s deadly Oct.

₹1,464.70 and bears trimmed short bets in Nifty futures contracts. The domestic buying and short covering supported the rally despite foreign portfolio investors (FPIs) selling shares worth a provisional ₹1,636.19 crore. The benchmark indices had shed 1.3-1.4% on Wednesday after a seven-week rally that saw them climb 12% from their lows on 26 October.