Israel Financial News

Israel-Gaza war news: The war between Benjamin Netanyahu's Israel and Hamas fighters from Gaza has entered its 21st day. Risks of regional spillover causing a full-fledged Middle east war haunts global power structure as blasts hit two Egyptian towns.

By Natalie Grover

general elections. It further noted that India offers the strongest emerging market (EM) nominal GDP compounding (demographic trends, infrastructure investment needs) and has competitive risk-adjusted returns to developed market (DM) equities. A deeper domestic bond market should support lower risk premia, it added.

Apurva Sheth, Head of Market Perspectives & Research, SAMCO Securities, believes that geopolitical risks and rising US bond yields are major worries for global financial markets. In an interview with Livemint, he recommends sticking to companies that are delivering consistently rather than trying to bottom fish. For Indians, equities are the best asset class giving a CAGR of 12-14 percent over the long run which no other asset has given, he added.

UN warned Friday that «many more will die» in Gaza from catastrophic shortages after nearly three weeks of bombardment by Israel in response to Hamas staging the deadliest attack in its history. As the conflict raged into its 21st day, the Israeli army said its soldiers backed by fighter jets and drones mounted a land incursion into the Gaza Strip, as it prepares for a ground offensive. Concern is growing about regional fallout from the conflict, with the United States warning Iran against escalation while striking facilities in Syria it says were used by Iran's Islamic Revolutionary Guard Corps and others. Israel has heavily bombarded Gaza since Hamas gunmen stormed across the border on October 7, killing 1,400 people, mostly civilians, kidnapping more than 220 others, according to Israeli officials. The health ministry in the Hamas-run Gaza Strip says the strikes have killed more than 7,000 people, mainly civilians and many of them children, leading to growing calls for protection of innocents caught up in the conflict. «People in Gaza are dying, they are not only dying from bombs and strikes, soon many more will die from the consequences of (the) siege imposed on the Gaza Strip,» Philippe Lazzarini, head of the UN agency for Palestinian refugees (UNRWA), told reporters in Jerusalem. Israel has cut supplies of food, water and power to Gaza, notably blocking all deliveries of fuel saying it would be exploited by Hamas to manufacture weapons and explosives. «Basic services are crumbling, medicine is running out, food and water are running out, the streets of Gaza have started overflowing with sewage,» he said of the devastated territory where around 45 percent of all housing has been damaged or destroyed,

Investing.com -  Crude prices fell 2% Thursday, reversing the previous day’s gain, on signs that Israel was acceding to international calls to hold back from a ground invasion of Gaza, as world powers worked to limit casualties and also negotiate the release of some 200 Israeli hostages held by Hamas.

By Mike Stone

The Biden administration is meeting with China’s top diplomats this week to try to repair a relationship between the two superpowers that has grown rocky.

Hamas attacks. They also suggested that the normalization of relations between Israel and Saudi Arabia might have influenced Hamas to carry out those attacks.

Have Indian equity markets decoupled? While the global equity markets have faced challenges, with declines of average 2.37% in last six months as against Nifty Fifty returns of 11.5%, India has managed to buck the trend and gain ground. The resilience and strength displayed by the Indian equity markets have led some to believe that they have decoupled from global trends.

China when they gather in Osaka this weekend. Group of Seven trade ministers convene on Saturday and Sunday against a backdrop of soaring geopolitical risk due to the Middle East and Ukraine conflicts and diplomatic relations frayed by sanctions and trade barriers meant to enhance industrial security. In an indication of the importance of supply chains, the G-7 will hold talks with India, Indonesia, Australia, Chile and Kenya.

Hamas, analysts say. Israeli and US authorities have intensified their financial hunt into Hamas in recent days as they track illicit funds via digital currencies. Ari Redbord, global policy head at crypto tracking specialist TRM Labs, said there is now less crypto transfer activity on pro-Hamas support networks as a result. «We are seeing a lot less activity in some respects since the war began,» Redbord told AFP.

Joe Biden administration's determination to maintain a delicate balance. In an effort to prevent further aggression, which might be sparked by Israel's fight against Hamas, the United States wants to take maximum action against Iranian-backed organisations that it believes are aiming at the country. At the same time, it wants to avoid escalating the situation and starting a larger conflict, AP added.

Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel.

Also Read: Israel releases 'never-before-seen' video of IDF soldiers killing Hamas militants and saving hostages | Watch 5. A rocket launched in the Israel-Hamas conflict struck an Egyptian town on the border with Israel on Thursday, resulting in five people sustaining injuries, as reported AFP citing local media. 6.

Iran's Foreign Minster Hossein Amirabdollahian warned at the United Nations on Thursday that if Israel's retaliation against Palestinian militants Hamas in the Gaza Strip doesn't end then the United States will «not be spared from this fire.» «I say frankly to the American statesmen, who are now managing the genocide in Palestine, that we do not welcome (an)expansion of the war in the region. But if the genocide in Gaza continues, they will not be spared from this fire,» he told a meeting of the 193-member General Assembly on the Middle East. Also Read: Biden warns Iran against targeting US troops in Middle East Israel has vowed to wipe out Hamas, which rules Gaza, in retaliation for an Oct.

Joe Biden has sent a rare message to Iranian Supreme Leader Ayatollah Ali Khamenei warning Tehran against targeting U.S. personnel in the Middle East, the White House said on Thursday after a spate of attacks on American forces in the region. «There was a direct message relayed,» White House spokesman John Kirby said at a news briefing, declining to elaborate. Iran's mission to the United Nations did not immediately respond to a request for comment. U.S. officials want to avoid a wider conflict in the Middle East following the Oct. 7 attack by the militant Hamas group on Israel that killed at least 1,400 people, mostly civilians. About 900 additional U.S. troops are headed to the region or have recently arrived there to bolster air defenses to protect U.S. personnel amid a surge in attacks in the region by Iran-affiliated groups, the Pentagon said.

Treasury yields rebounded Wednesday, reflecting concerns that interest rates might stay high for long. Fears that the Hamas-Israel conflict may widen into a bigger regional turmoil added to the negative sentiment. The fall in global crude prices did not aid sentiment. Extending the losing run to the sixth straight session, the Nifty closed below 19,000 for the first time since June 28 amid intense selling by foreign portfolio investors.

Mint in the week gone by. The union government has reportedly decided to slash the minimum export price for basmati rice from $1,200 a tonne to $950 a tonne, while Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma has launched a ₹30-crore ‘VSS Investments Fund’ to invest in startups. Food production for the year 2022-23 is estimated at 329.7 million tonnes, marking around a 4.5% increase from the previous year, data released by the ministry of agriculture showed.

Today, as the U.S. Department of Justice (DOJ) evaluates possible criminal charges against Binance and Tether, two prominent U.S. lawmakers are emphasizing the urgency of the matter. U.S. Senator Cynthia Lummis (R-Wy.) and Representative French Hill (R-Ark.) dispatched a letter to Attorney General Merrick Garland, insisting that the DOJ swiftly conclude its investigations into the two companies.

Meta Platforms beat expectations for third-quarter profit and revenue on Wednesday, helped by its ongoing austerity drive and a recovery in digital advertising spending ahead of the holiday season.