Israel Financial News
20.10 / 03:43
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Indian-origin doctor Sunil Rao sacked from Bahrain hospital for anti-Palestine tweets
Anti-Palestine’ comments on social media. The hospital administration took to microblogging site X to inform that Dr. Sunil Rao's employment had been terminated in view of the tweets he posted allegedly favouring Israel, who has been relentlessly bombarding Gaza in retaliation to the Hamas attack of the 7 October weekend.
20.10 / 03:43
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Day trading guide for today: Six stocks to buy or sell on Friday — October 20
Day trading guide for today: Indian stock market ended lower on second day in a row following weak global market sentiments on Israel Palestine conflict. Nifty 50 index went down 46 points and closed at 19,624 levels, BSE Sensex lost 247 points and ended at 65,629 mark whereas Bank Nifty index 134 points and finished at 43,754 levels.
20.10 / 03:43
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Day 14 Israel-Hamas War: Israel bombs church in Gaza, Biden pledges support with concern for Palestine | 10 updates
Israel-Hamas war news: Israel's carpet bombing of Gaza in retaliation the the 7 October Hamas attack continues even as almost 3,000 people have lost their lives in one of the most densely populated areas in the world. Israel is also witnessing a flurry of visits from Western leaders, including US President Joe Biden and UK Prime Minister Rishi Sunak, in a bid to prevent the war between Israel's Benjamin Netanyahu and Hamas fighters from Gaza from escalating.
20.10 / 03:03
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Oil climbs on Mideast contagion fears from Israel-Gaza conflict
Oil prices extended gains on Friday, rising about 1% on fears that the Israel-Gaza conflict may spread in the Middle East and disrupt supplies from one of the world's top-producing regions. Brent crude futures climbed 77 cents, or 0.8%, to $93.15 a barrel by 0042 GMT. U.S.
20.10 / 03:03
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Asian shares hit 11-month low on Middle East anxiety, surging yields
Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields pressured valuations, while supply concerns lifted oil prices further. The surge in the 10-year U.S.
20.10 / 02:33
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Biden to seek billions in military aid for Israel as invasion of Gaza nears
Biden on Thursday asked Americans to spend billions more dollars to help Israel fight Hamas while Israel's defence chief told his troops to be ready to go into the Gaza Strip to destroy the Palestinian militant group. In a televised White House speech late on Thursday that also addressed Ukraine's effort to repel Russia's invasion, Biden said Hamas sought to «annihilate» Israel's democracy. The president, who made an eight-hour visit to Israel on Wednesday, also stressed the urgency of getting relief to Palestinian civilians in Gaza who lack food, water and medicine. «We can't ignore the humanity of innocent Palestinians who only want to live in peace and have opportunity,» he said. Biden said he would ask Congress on Friday to approve extra funding for Israel.
20.10 / 02:33
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US State Department issues worldwide caution for American citizens
U.S. State Department on Thursday issued a worldwide security alert for Americans overseas amid the Israel-Hamas conflict, citing increased tensions in various locations around the world and the potential for extremist attacks and violence against Americans. The alert did not single out any specific global event but comes amid a conflict in the Middle East after Palestinian Islamist group Hamas attacked Israel on Oct.
20.10 / 02:33
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US Navy intercepts three missiles fired from Yemen 'potentially' at Israel, says Pentagon
US Navy ship in the Red Sea on Thursday shot down missiles and drones that had been fired by Iran-backed Huthi rebels in Yemen, possibly at Israel, the Pentagon said. Three «land-attack cruise missiles and several drones» were intercepted by a destroyer, Pentagon spokesman Brigadier General Pat Ryder told reporters.
20.10 / 01:25
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Biden says Hamas, Russia threaten democracy in national address
Biden on Thursday said Hamas and Russia are both out to «annihilate» democracies in an impassioned speech to the nation from the Oval Office, where he made the case for US assistance to Ukraine and Israel. Hamas and Russian President Vladimir Putin «represent different threats but they share this in common: they both want to completely annihilate a neighboring democracy,» Biden said in the prime-time speech. Fresh from a whirlwind trip to Israel, the 80-year-old Democrat delivered just the second speech of his presidency from behind the historic Resolute Desk in a bid to win over war-weary voters and hardline Republicans. Biden, seeking reelection in 2024, is preparing to push Congress for a massive, $100 billion package that includes funding for Israel in its war with Hamas and for Ukraine's battle against Russia's invasion. Tying together two conflicts an ocean away from the United States is a bid by Biden to frame them as part of a bigger struggle to shape the world order and protect Americans at home. Biden had earlier said on X, formerly Twitter that «we are at a global inflection point that is bigger than party or politics.» Presidents traditionally reserve speeches from the solemn setting of the Oval Office for moments of key national significance. Biden's only previous address from there was in June when he hailed a deal with Congress to avert what would have been a catastrophic US debt default. But Congress has now been paralyzed for more than two weeks as divided Republicans, who control the majority in the House, fail repeatedly to agree on electing a House speaker. Hard-right Republicans, and a growing number of voters, are also strongly opposed to adding to the $43.9 billion in security assistance
20.10 / 00:27
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U.S. issues ‘worldwide caution’ global travel alert for citizens
United States is warning citizens to “exercise increased caution” when travelling overseas with the State Department citing “increased tensions” in various parts of the world.In a “worldwide caution” advisory issued on Thursday, the government said in addition to increased tensions, there were concerns over the potential for terrorist attacks, demonstrations or violent actions against citizens or U.S. interests.State Department spokesperson Matthew Miller said there was no specific cause for the warning.“We’re monitoring conditions around the world, we’re monitoring conditions in the region, we take a number of factors into consideration when making that determination.
19.10 / 22:05
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Gold at 3-month high on no rate hike flag from Powell; MidEast risk stays
Investing.com — Gold kept its upward charge for a third day in a row Thursday as the dollar tumbled on the lack of any immediate support from Federal Reserve Chair Jerome Powell for a rate in November, despite the continued threat of inflation.
19.10 / 20:57
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PM Modi speaks with Palestinian president, assures humanitarian assistance
NEW DELHI : India’s Prime Minister Narendra Modi spoke with the President of the Palestinian Authority Mahmoud Abbas on Thursday. “Spoke to the President of the Palestinian Authority H.E. Mahmoud Abbas.
19.10 / 20:21
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Crypto Aid Israel raises $185K, distributes aid to 4 organizations, in 10 days
The Crypto Aid Israel collective has raised over $185,000 since its creation less than two weeks ago and has distributed aid to several humanitarian groups.
19.10 / 20:07
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Gold Price Forecast (October 2023): Rs 2500 jump in 10 days! Should you buy before Diwali, Dhanteras?
Gold Price in India Trends and Prediction (October 2023): The retail price of pure 24-carat gold has jumped around Rs 2500 per 10 grams in the last 10 days. At the time of writing today, 24-carat Gold was selling at around Rs 60,490 per 10 grams in Mumbai as against Rs 57,980 on October 9, 2023.
19.10 / 19:45
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FinCEN proposes designating crypto mixers as money-laundering hubs
The United States Treasury Department's Financial Crimes Enforcement Network, or FinCEN, has proposed designating cryptocurrency mixing as an area of "primary money laundering concern" following Hamas’ attack on Israel.
19.10 / 17:41
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Confusion Over Gaza Hospital Blast Shows Challenge for Journalists Covering Israel-Hamas Conflict
On Tuesday, the New York Times and The Wall Street Journal put out alerts saying a blast at a Gaza hospital was caused by an Israeli airstrike, killing more than 500 people, citing Palestinian officials. It soon became clear the story wasn’t going to end there. Israel denied it was responsible.
19.10 / 17:41
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Biden’s Gaza Response Frustrates Arab-Americans, Progressives
WASHINGTON—President Biden reiterated his staunch support for Israel in the wake of attacks by Hamas militants during a visit to Tel Aviv on Wednesday. But back in the U.S., he’s faced criticism from progressives, Muslims and Arab-Americans, who say his sympathy for lost Palestinian lives and the humanitarian crisis in Gaza is too little too late. “I’ll vote for him.
19.10 / 17:27
Law
regulation
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Advocacy groups push back against Sen. Warren linking crypto with terrorism
United States-based crypto advocacy organizations are calling out Senator Elizabeth Warren and other lawmakers for some of the claims made regarding connections between the terrorist group Hamas and financing through cryptocurrency.
19.10 / 17:19
WhatsApp
Oil trades rangebound after US eases Venezuela sanctions amid Israel-Hamas war; Brent at $91/bbl
₹7,398 per bbl, having swung between ₹7,221 and ₹7,410 per bbl during the session so far, against a previous close of ₹7,365 per barrel. MORE TO COME"Exciting news! Mint is now on WhatsApp Channels
19.10 / 17:19
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Israel conflict not to impact exports, says Jindal Stainless
NEW DELHI : Jindal Stainless Ltd does not see the Israel-Hamas conflict impacting its exports to Europe, US, and other geographies much and says that global demand is set to improve from the fourth quarter of the current fiscal. The company, which exports about 20% of its total produce to Europe and America, also expects the domestic demand for stainless steel to remain robust despite the elections. For this, the company is working on expansion plans to meet the rising demand, Abhyuday Jindal, managing director of JSL, said in an interview.
19.10 / 15:11
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The Guardian ends longtime cartoonist Steve Bell's contract over Netanyahu caricature
Guardian dismissed editorial cartoonist Steve Bell because he refused to print an anti-Semitic caricature of Israeli Prime Minister Benjamin Netanyahu. The decision was revealed in the newspaper: «The decision has been made not to renew Steve Bell's contract.» This marks the end of Bell's four-decade association with The Guardian. Steve Bell's Stint Since 1983, Steve Bell has been a regular contributor to The Guardian, and his cartoons have appeared in the journal for over 40 years.
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