Israel Financial News

Former White House economist Kevin Hassett shares what to expect ahead of the release of July's CPI on 'The Evening Edit.'

Hamas militants on Thursday fired a barrage of rockets at Tel Aviv in response to Israeli air strikes that targeted «civilians» in two refugee camps in the Gaza Strip, the group said. «Ezzedine al-Qassam Brigades fired rockets at Tel Aviv in response to (Israeli strikes) targeting civilians in Al-Shati and Jabalia camps,» Hamas said, referring to its armed wing, in a text message sent to journalists.

Associated Press depicted a devastated section of the Gaza Strip, reported The Daily Beast. Later, he removed the image and replaced it with a plain background while maintaining his 'praying for Israel' message.

Also Read: Israel-Hamas War LIVE Updates: Joe Biden issues warning to Iran on Gaza situation, says 'Be Careful' However, when Hamas launched its unexpected attack on Saturday, the Iron Dome system proved ineffective in dealing with the overwhelming rocket onslaught. In a span of just 20 minutes, Hamas launched a staggering 5,000 rockets from the Gaza Strip towards Israel. Also Read: Did Hamas behead citizens and children in Israel? President Biden has this to say The "Iron Dome" constitutes a ground-to-air, short-range air defence system designed to intercept and neutralize incoming missiles, rockets, and Unmanned Aerial Vehicles (UAVs) by destroying them in mid-air.

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More than 2,000 people have been killed in the past five days following the unprecedented surprise attack by Hamas on Israel and the resulting Israeli airstrikes on Gaza.

Jaideep Kaur (30) and her husband Mohit Randhawa (32), an IITian, found themselves in an unexpected and frightening situation as they faced the relentless wail of sirens in Israel. The couple, who had been married since 2020, never anticipated such a situation until the recent events that unfolded.

Hamas, its foreign affairs ministry said Wednesday. Brazilian Foreign Affairs Minister Mauro Vieira has interrupted an Asia trip to travel 'to New York to participate in a meeting of the United Nations Security Council, called by Brazil… to address the situation in the Gaza Strip,' the Ministry said in a statement. Brazil previously called an emergency meeting of the Security Council on Sunday, the day after Hamas launched a surprise attack on Israel. Israeli forces say 1,200 people, most of them civilians, were killed in the onslaught, the worst in the country's history. As Israel pounded Hamas targets in the Gaza Strip, a densely populated enclave of 2.3 million people, in response, the death toll there has also reached 1,200 people, including a high number of civilians, according to Palestinian authorities. More than 3,38,000 people in the enclave have been displaced, according to the United Nations. At Sunday's Security Council meeting, members were divided over policy concerning Israel and the Palestinians. Earlier on Wednesday, Brazilian President Luiz Inacio Lula da Silva called for urgent international action to protect both Palestinian and Israeli civilians, especially children. «Children must never be held hostage, anywhere in the world,» Lula wrote on social media platform X. «Hamas needs to free the Israeli children who were kidnapped from their families.

Nearly 4 crore INR ($480,000) crypto stolen from a businessman in Delhi, India has been traced back to crypto accounts linked to Hamas by Indian police.

Investing.com — Crude prices fell for a third day in a row as trading began in Asia Thursday, responding to a report by industry group API that the largest weekly crude stockpile build in eight months may have taken place in the United States last week.

tech companies must remove illegal content from their platforms, or risk facing severe legal penalties. Following the militant Islamist group Hamas' attack on Israel and Israel's retaliatory airstrikes in Palestinian enclave Gaza, social media firms have seen a surge in misinformation related to the conflict, including doctored images and mislabelled videos, alongside images of graphic violence.

A prolonged war between Israel & Hamas is like... moreA prolonged war between Israel & Hamas is likely to impact the global economy adversely.

Operation Ajay" on Wednesday to help Indians stuck in Israel to return home as fresh tension triggered in the region as Hamas militants made a series of brazen attacks on Israeli towns over the weekend. As per the external affairs ministry, around 18,000 Indians are currently residing in Israel.

President Joe Biden said Wednesday observing that the terrorist attack by Hamas has brought back painful memories of a millennia of antisemitism and genocide against the Jewish people. Biden termed Saturday's attack the «deadliest day» for Jews since the Holocaust. «We continue to monitor the situation in Israel very closely, and the vice president and I and the bulk of my security team spoke with the Prime Minister, Netanyahu, again this morning,» Biden said.

Gaza Strip, the United Nations said, as heavy Israeli bombardments continue to hit the Palestinian enclave. «Mass displacement across the Gaza Strip continues,» the UN humanitarian agency OCHA said in a statement sent on Thursday. By late Wednesday, the number of displaced people in Gaza had risen by an additional 75,000 people from the figure given 24 hours earlier, reaching 338,934, it said. The announcement came as Israel pounded Hamas targets in the Gaza Strip — a densely populated enclave of 2.3 million people — in response to the militants' surprise Saturday attack. Israeli forces said 1,200 people, most of them civilians, were killed in the onslaught — the worst in the country's history. In Gaza, officials reported more than 1,000 people have been killed in Israel's sustained campaign of air and artillery strikes. OCHA said nearly 220,000 people, or two-thirds of the displaced people, have sought shelter in schools run by the UN agency supporting Palestinian refugees, UNRWA. Another nearly 15,000 people fled to schools run by the Palestinian Authority, while more than 100,000 were being sheltered by relatives, neighbours and a church and other facilities in Gaza City. OCHA said that around 3,000 people had already been displaced within the enclave prior to Saturday's attack. The bombing campaign has destroyed or rendered uninhabitable at least 2,540 housing units in Gaza, OCHA said, citing numbers from the Gaza Ministry of Public Works and Housing.

Hamas' invasion of southern Israel over the weekend rose to 1,200 on Wednesday morning, as the Israel Defence Forces (IDF) continued to pummel Palestinian terror assets in the Gaza Strip. Overnight Tuesday, the Israeli Air Force hit more than 200 targets in Gaza's Al Furqan neighborhood, which it called «a terror nest for Hamas,» from which «many activities against Israel are carried out.» It was Israel's third strike in the area in the past 24 hours, according to the military. The IDF «will continue to act powerfully against the infrastructures of the terrorist organization Hamas, which aim terror against Israel, and continues extensive waves of attacks in the Gaza Strip,» it added. Among the Hamas targets hit across the Strip were weapons storage facilities, command and control centers, naval assets and more, the military said. The operational headquarters used by the rocket force of the Palestinian Islamic Jihad terrorist organization was also hit. «We have released all restraints, regained control of the [border] area and are moving to full offense,» Israeli Defence Minister Yoav Gallant told troops during a visit to the south on Tuesday night. «You will have the ability to change reality here. You have seen the prices paid.

Israel, US President Joe Biden on Wednesday addressed Jewish community leaders at a roundtable in the White House and called the attacks by Hamas a «campaign of pure cruelty». «I never really thought that I would see and have confirmed pictures of terrorists beheading children,» Biden said in broader remarks about his administration's support for Israel amid its war with Hamas and efforts to free American hostages. During the event at the White House, featuring a group of around two dozen rabbis and leaders of Jewish organisations, Biden also warned Iran to «be careful». «We moved the US carrier fleet to the eastern Mediterranean and we are sending more fighter jets to that region, and made it clear to the Iranians: Be careful,» he said, adding, «When terrorist groups like Hamas, brought not only a sheer evil, sheer evil to the world, evil that echoes the worst matches in some cases exceeds the worst atrocities of ISIS.» Earlier on Wednesday, the US president spoke to Israeli Prime Minister Benjamin Netanyhu, marking the fourth known call between the two.

Israel and repatriate the country's citizens, as the industry faced a warning over insurance cover amid escalating violence in the wake of weekend attacks. Israeli flag carrier El Al said it would operate 12 extra flights on Wednesday and Thursday to and from Athens, Rome, Madrid, Bucharest, New York, Paris, Larnaca and Istanbul. Its low-cost unit Sun Dor also plans rescue flights from Istanbul. El Al had already announced an additional flight from New York and six flights to and from Larnaca. The latest move came as the combined death toll reported by both sides following the weekend attacks by Palestinian militant group Hamas and retaliatory strikes by Israeli forces reached more than 2,000 people. Most foreign airlines have suspended or curtailed services, leaving passengers uncertain how to leave or reach the country and consular services struggling to keep up with demand for assistance, with priority given to those with missing relatives. Israel's parliamentary finance committee said late on Tuesday it would debate authorising state guarantees for providing war risk insurance for Israeli airlines. The panel said insurance companies had indicated they were entitled to cancel cover with seven days' notice.

A third Canadian has died in Israel following a weekend attack by the militant group Hamas, her family said in a statement shared Wednesday at a press conference by an Ottawa Jewish group.

With Israeli airstrikes marking thefifth day of escalating conflict between Israel and Hamas on Wednesday, experts are warning of rising oil prices and inflationary pressure as a potential consequence of the ongoing hostilities.

While Twitter has always struggled with combating misinformation about major news events, it was still the go-to place to find out what’s happening in the world