Israel Financial News

Emmanuel Macron on Tuesday pressed Iran's new president to use his influence to dial down soaring tensions in Lebanon, where Israel is striking Tehran-backed Hezbollah. Macron met with Masoud Pezeshkian, a self-styled reformist in a cleric-run state which Israel sees as its archenemy, on the sidelines of the annual UN General Assembly as casualties mounted in Lebanon. Macron «highlighted the responsibility of Iran to support a general de-escalation and use its influence with destabilizing actors,» an Elysee statement said, in a clear reference to Hezbollah.

The strike hit three floors of a six-story building. It was Israel's third strike over Beirut in less than a week Kobeissi is the first member of the militant group pronounced dead since Israel and Hezbollah entered a more intense phase of the ongoing conflict.

Hezbollah targets in Lebanon, in an offensive that has plunged the country into uncertainty over what Israel will do next and how the militant group might respond. The strikes came a day after a vast wave of Israeli airstrikes, targeting about 1,600 sites in parts of the country where Hezbollah holds sway, killed hundreds of people and set off a mass flight of civilians from southern Lebanon to Beirut, the capital. The streets were clogged with traffic, and displaced people were sleeping in their cars. Hezbollah also fired about 300 rockets at northern Israel on Tuesday, according to the Israeli military, keeping up the assault it began Oct. 8, a day after its ally Hamas led the deadly attack on southern Israel from the Gaza Strip. Most of the rockets were intercepted by Israel's missile defense system, but about six people sustained minor injuries, the military said.

The FCA, the Financial Conduct Authority, has revealed it has fined a subsidiary of Coinbase (CBPL) for offering services to high-risk customers.

U.S. Navy replenishment ship operating in the Middle East sustained damage after refueling vessels and the cause is under investigation, officials said Tuesday. The USNS Big Horn was damaged after it resupplied the USS Abraham Lincoln aircraft carrier strike group. The carrier group remains in the region amid heightened tensions over the Israel-Hamas war and Israel's ongoing strikes targeting Hezbollah in Lebanon. A U.S. Navy official, speaking on condition of anonymity to discuss matters yet to be made public, declined to elaborate on where the damage took place. A photo released by the U.S. military dated Sept. 5 showed sailors aboard the Lincoln receiving supplies from the Big Horn, while another on Sept. 11 showed the Big Horn alongside the Lincoln. The Lincoln is patrolling the Arabian Sea.

US intelligence has alerted former President Donald Trump about specific threats from Iran to assassinate him, according to a statement from his presidential campaign on Tuesday. “President Trump was briefed earlier today by the Office of the Director of National Intelligence regarding real and specific threats from Iran to assassinate him in an effort to destabilize and sow chaos in the United States,” said Steven Cheung, Trump campaign communications director. Cheung added that intelligence officials noted increased and coordinated threats in the past few months, and law enforcement agencies are working to ensure Trump’s safety and protect the presidential election from interference.

The suspensions have multiplied following a day of Israeli bombardment that Lebanon's authorities said killed 558 on Monday — the deadliest day of violence in the country since the 1975-90 civil war. — Emirates - Emirates announced the temporary suspension of its flights to Beirut on Tuesday and Wednesday. Its sister United Arab Emirates-based airline flydubai also cancelled flights to Beirut on Tuesday and Wednesday.

conflict between Israel and Hezbollah grabs global attention, Palestinians in Gaza wonder: What will become of their plight after nearly a year of devastating war? They are petrified that international concern has been diverted, and that a dark possibility looms: abandonment. The families of Israeli hostages held in Gaza have the same worry. Nezar Zaqout, one of some 1.9 million Palestinians forced to flee their homes since the Israel-Hamas war broke out, said he fears the fighting across the Israel-Lebanon border will overtake interest in the abysmal living conditions in Gaza and efforts to negotiate a cease-fire.

Subscribe to enjoy similar stories. Thousands of Lebanese are fleeing their homes in the country’s south as Israel intensifies its military campaign against Hezbollah, raising fears of an all-out war a day after a barrage of strikes killed hundreds in the country. In the early hours of Tuesday, the Israeli military launched dozens more airstrikes against Hezbollah after downing projectiles fired from Lebanon.

The Egmont Group, an international organization that fights money laundering, said it will suspend Colombia from its global information sharing platform

Subscribe to enjoy similar stories. AFTER ALMOST 300 days, planning for the end of the fighting in Gaza is beginning to seem otherworldly. Politicians and generals have been talking about what might happen when the shooting stops since the start of the war in October.

Subscribe to enjoy similar stories. BEIRUT—Israel launched devastating attacks on Hezbollah in recent days with airstrikes and remote-control explosions that put the Lebanese militant group on the defensive and demonstrated Israel’s vast superiority in intelligence gathering and technology. A ground war between the two, if it occurs, would likely be a different story.

Hezbollah — deadly attacks pinned on Israel that also maimed civilians across Lebanon. Hezbollah's leader vowed to retaliate, and on Friday the militant group launched a wave of rockets into northern Israel. Later in the day, the commander of Hezbollah's most elite unit was killed in a strike in Beirut that killed dozens more people. The cross-border attacks ramped up early Sunday, with Hezbollah, an Iranian-backed Shiite group that is Lebanon's most powerful armed force, launching more than 100 rockets deeper into northern Israel, with some landing near the city of Haifa. Israel launched hundreds of strikes on Lebanon.

Israel as Hezbollah launched multiple projectiles into Israeli airspace. This followed the Israeli Defense Forces' (IDF) bombing of Hezbollah targets in Lebanon. The bombing marked one of Hezbollah’s deadliest days in decades. Israel's Iron Dome defense system successfully intercepted most of the projectiles, according to an Israeli army statement. Approximately 180 projectiles and one unmanned aerial vehicle entered Israeli airspace over the course of the day.

Narendra Modi on Sunday met Palestinian President Mahmoud Abbas for the first time since the current Israel-Gaza conflict and expressed deep concern at the humanitarian crisis unfolding in Gaza and the deteriorating security situation in the region and reaffirmed India's unwavering support to the people of Palestine, including continued humanitarian assistance. The meeting took place in New York on the sidelines of the UN Summit for the Future. «Met President Mahmoud Abbas in New York. Reiterated India's support for the early restoration of peace and stability in the region. Exchanged views of further strengthening long-standing friendship with the people of Palestine,» Modi posted on X.

the Middle East in response to a sharp spike in violence between Israel and Hezbollah forces in Lebanon that has raised the risk of a greater regional war, the Pentagon said Monday. Pentagon press secretary Maj. Gen. Pat Ryder would provide no details on how many additional forces or what they would be tasked to do. The U.S. currently has about 40,000 troops in the region. “In light of increased tension in the Middle East and out of an abundance of caution, we are sending a small number of additional U.S. military personnel forward to augment our forces that are already in the region. But for operational security reasons, I'm not going to comment on or provide specifics.”

Israel expects more than 12,000 Indian visitors, mainly in the pilgrim and MICE (meetings, incentives, conferences, and exhibitions) segments, in 2024, according to a senior executive at the Israel Ministry of Tourism. The war-torn West Asian country has recorded 6,800 travellers from India till August this year. «Irrespective of the current scenario we are very positive. We're just waiting for the situation to calm down even more than what it used to be for us to see growth. We have welcomed 6,800 travellers, mostly pilgrims and business, from India and 6,72,400 globally in the January-August 2024 period, which was very organic,» Israel Ministry of Tourism (IMOT) India Director of Marketing Amruta Bangera told PTI. Israel's Tourism Ministry expects to double the 6,800 tourist footfalls to over 12,000 in 2024, from India that it received in the first eight months of this year, she said.

air strikes targeting eastern Lebanon's Bekaa Valley and warned residents to move away from Hezbollah sites in the area. «We are preparing for a large-scale and targeted strike in Bekaa Valley,» military spokesman Rear Admiral Daniel Hagari said at a media briefing, adding that residents should «distance themselves» from Hezbollah sites «for your safety and protection». «Hezbollah stores its strategic weaponry in civilian buildings and uses the population as human shields,» Hagari said.

Indian soldiers who laid down their lives during World War I to liberate the northern Israeli coastal city of Haifa from Ottoman rule has been cancelled due to escalating tensions in West Asia. Israel and Lebanese Shia group Hezbollah have carried out widespread strikes on each other, raising tensions, and prompting Israel Home Front command to issue precautionary advisory to citizens. Outdoor gatherings of up to ten and indoor gatherings of up to a hundred people, close to protected shelters, are currently allowed. «Due to the current situation, the Haifa Day commemoration, planned for September 23, 2024 in Haifa, by the Embassy of India, is being cancelled,» an official communication said.

Israeli military is investigating reports about the possible death of Hamas chief Yahya Sinwar, believed to be behind the October 7 attacks, as per the New York Post. Currently, Israel's intelligence agency Shin Bet and the Israel Defense Forces have not found new evidence confirming his death. «We don't have positive intelligence that suggests Hamas leader Yahya Sinwar is dead. It is all hopes and guesses which are based on the fact that Sinwar has been incommunicado in recent weeks,» an Israeli official told Axios reporter Barak Ravid. Various media outlets suggest that Sinwar might have been killed or injured in recent bombings in the Gaza Strip. Recently, reports resurfaced about his potential death as Hamas rejected a new hostage deal proposed by the US. Israel’s Channel 12 reported that Sinwar wants talks to follow President Biden’s original proposal from May.