Israel Financial News

Netta Epstein, was sheltering with his girlfriend in a safe room at the Kfar Aza kibbutz when Hamas gunmen somehow broke inside.They shot him and tossed the explosive at the couple but Epstein smothered it with his body, his mother told Global News. His girlfriend, Irene Shavit, survived and was later rescued.Epstein was born in Israel but had Canadian citizenship through his grandmother, who was born in Montreal, said his mother, also a Canadian. He served in the Israel Defence Force until August.“It’s really important that the world knows what we went through,” Shachar-Epstein said.

Stocks on Wall Street ended mostly lower on Friday to wrap up a volatile week, as a spike in oil prices and rising inflation expectations soured investors on riskier bets.

By Byron Kaye

IMEC) and India-Israel-USA-UAE projects, China has launched dialogue across the region seeking to align BRI with Turkiye's Middle Corridor Initiative. Turkiye had decried IMEC, which is aimed at rivaling BRI in the region and this week's BRI summit in China is expected to witness efforts to align Ankara's Middle Corridor Initiative with BRI. The two sides recently held a high-level dialogue on the issue, ET has learnt. IMEC was announced on the sidelines of the G20 summit here in the presence of leaders of the USA, Saudi Arabia, India and Europe. Trans-Caspian East-West-Middle Corridor Initiative shortly named as 'The Middle Corridor', begins in Turkiye and passes through the Caucasus region via Georgia, Azerbaijan, crosses the Caspian Sea, traverses Central Asia and reaches China, according to a Turkish foreign ministry document.

SpiceJet. A total of four flights have been operated under Operation Ajay, which was launched by the government to facilitate the return of Indians who wish to come back from Israel, where an intense conflict is going on with militant group Hamas. External affairs ministry spokesperson Arindam Bagchi on Sunday said the third flight with 197 passengers landed at the Delhi airport in the morning.

(Reuters) — Israel's military prepared for ground operations in Gaza to root out the Hamas militant group, whose deadly rampage through Israeli border towns last week stunned the nation.

State Antony Blinken said Sunday the Rafah border crossing between Gaza and Egypt «will be open» for aid into the blockaded strip, he said while departing from Cairo. «We're putting in place with the United Nations, with Egypt, with Israel, with others, the mechanism by which to get the assistance and to get it to people who need it,» he told reporters. Blinken also said that the United States had appointed an envoy, veteran former diplomat David Satterfield, to work on aid to Gaza.

Israel continues to retaliate against Hamas, Israel Prime Minister Benjamin Netanyahu on Sunday said that Hamas thought Israel would break, but «We will break Hamas,» reported The Times of Israel. During the weekly cabinet meeting, the Prime Minister along with ministers stood in silence for a minute and paid tribute to those who lost their lives in the deadly Hamas attack. «Hamas thought we would break; we will break Hamas,» Netanyahu said. He further stressed that Israel is working in unity and it conveys a clear message to Hamas and to the world.

Israel Defense Forces soldier, was stationed at a military base near the Gaza border when Hamas attacked last Saturday. Although she didn't answer her phone when her mother called to check on her that morning, she later texted to say that she was busy but OK. “I love you so much,” Eschel told her mother, Sharon, about three hours after the attack started. Her parents haven't heard from her since. More than a week later, Eshel's family is desperate to know happened to their daughter.

Jumma (Friday), but decided against it as a result of some “back door diplomacy". By killing innocent hostages, Hamas could risk losing support in the Islamic world. Millions had taken to the streets in Jordan’s capital Amman after Friday prayers to protest against the bombardment of Gaza.

head towards the southern part of the region, between 10 am and 1 pm local time. Once the deadline exhausted, the IDF warned that it would “implement a wide range of offensive operative plans" in the region to target the Hamas militants. - The ground invasion, which would reportedly involve 10,000 soldiers along with aerial and naval forces, will be set off following “a political decision", military spokesmen Lieutenant Richard Hecht and Daniel Hagari said in a press briefing.

Hamas in Gaza will have an impact on the budget but it will be manageable since the country entered the conflict with a very solid fiscal position, Bank of Israel Governor Amir Yaron said on Sunday. In a speech to a G30 panel, Yaron said it was difficult at this time to put exact numbers on how the budget may be affected by the conflict. «But there is no doubt this war will have fiscal implications that will depend on its intensity and duration,» he said in published remarks.

Gaza Strip as «catastrophic» amidst Israeli bombardment and appealed for immediate supplies of food, water and medicines for children, pregnant women and elderly in their shelters. The UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) has issued an emergency appeal to support Palestinian refugees in Gaza, saying that hundreds of thousands of Palestine refugees are suffering the consequences of the heavy escalation in violence on the Gaza Strip. «Please save Gaza, I beg you, save Gaza.

Israel is not interested in having a war on its northern frontier with Lebanon, Defence Minister Yoav Gallant said as tensions mount between the two countries. «We have no interest in a war in the north, we don't want to escalate the situation,» Gallant said in a video released by his office, as he visited troops in the country's south. «If Hezbollah chooses the path of war, it will pay a very heavy price… But if it restrains itself, we'll respect the situation and keep things the way they are, despite them being in a process of shooting from both sides.»

Hamas attacks on Israelis and Israel's response. Michel said the bloc stood in «full solidarity» with the people of Israel after the «brutal terrorist attacks» of a week ago. In an invitation letter to EU leaders, Michel said Israel had the right to defend itself in compliance with international law. He said the siege of the Gaza Strip was raising alarm bells in the international community, prompting him to convene a video conference meeting on Tuesday at 1730 CET (1530 GMT). «It is of utmost importance that the European Council, in line with the treaties and our values, sets our common position and establishes a clear unified course of action that reflects the complexity of the unfolding situation,» he wrote. Michel said the EU had to be an advocate of peace and respect for international law and should seek to avoid a regional escalation of the situation. Michel said the conflict had the potential to feed extremism in EU societies and could prompt migration and movements of a large number of people to neighbouring countries.

By Nidal al-Mughrabi

WASHINGTON (Reuters) -White House national security adviser Jake Sullivan said on Sunday that the Biden administration hopes to push a new weapons package for Israel and Ukraine through Congress that will be significantly higher than $2 billion.

Investing.com — Two factors will determine the direction of oil markets in the coming week. The first is how much the conflict in the Middle East could escalate and what it might mean for supplies in the world's top oil producing region. The second is what will the weekly update on US crude stockpiles look like on Wednesday.

From her home office in Columbia, Maryland, El-Haddad frantically juggled phone calls this week from journalists seeking her expertise on Gaza and Palestinian Americans trying to get the attention of their local elected officials. In between the calls, the 45-year-old mother and author checked WhatsApp, the global messaging application, for updates from her own family members in Gaza during their brief windows of electricity and internet access.

Xi Jinping hosted the Palestinian president in Beijing and invited the Israeli prime minister for an official state visit. Benjamin Netanyahu accepted, and China was on track for a bigger role in the region.

Gaza Strip have resorted to storing the bodies of Palestinians killed by Israeli air strikes in ice cream freezer trucks because moving them to hospitals is too risky and cemeteries are short of space. Israel has unleashed the fiercest bombardment on the Gaza Strip to hit back at the Palestinian militant group Hamas after it carried out the deadliest attack on Israel for decades. «The hospital morgue can only take 10 bodies, so we have brought in ice cream freezers from the ice cream factories in order to store the huge numbers of martyrs,» said Dr. Yasser Ali of the Shuhada Al-Aqsa hospital in Deir Al-Balah. The freezer trucks, whose sides still show advertising images of smiling children enjoying ice cream cones, are normally used to make deliveries to supermarkets.