Israel Financial News

Iran keeps making substantial progress in its brisk walk to an atomic weapon, a United Nations report leaked Monday suggests, and what are they going to tell us next—that there’s gambling at Rick’s? Yet the Biden Administration wants to hide this scary truth from the world in this election year. An International Atomic Energy Agency report has concluded that Iran has increased its stockpile of near-weapons-grade uranium to 142.1 kilograms—an increase of 20.6 kilograms since the IAEA’s last estimate in February. This will be enough for three warheads once Iran completes the technologically straightforward process of enriching its hoard to 90% from 60%.

spread widely on social media on May 28 as Israel launched fresh attacks in Gaza. Despite global criticism and a court order to stop the alleged genocide, Israel continues to carry out airstrikes.

geopolitical tensions, gold prices steadied as MCX gold June futures opened on Wednesday at Rs 72,203 per 10 grams, up 0.03% or Rs 23 while MCX silver July contracts opened 0.23% higher at Rs 95,670/kg. In the last three days, silver prices have risen by Rs 5,100 per kg.

International Federation of Red Cross and Red Crescent Societies (IFRC) called on Wednesday for a ceasefire and unimpeded humanitarian access to the Gaza Strip, where millions of people face worsening hunger. The war-torn enclave is suffering from a humanitarian catastrophe nearly seven months after Israel launched a devastating offensive in response to the Oct. 7 Hamas-led attacks that killed 1,200 people in Israel.

Rafah. Here are the top ten updates:1. As reported by AP, the inferno at the tent camp has sparked widespread international condemnation, with even some of Israel’s closest allies expressing outrage over the military’s expanded offensive into Rafah.

Chief of Defence Staff General Anil Chauhan on Tuesday said that the absence of a written national strategic policy does not imply that the country lacks a strategic policy. Speaking at the release of book "Crafting a New Indian Art of War," Gen Chauhan contested the insistence on having a national security strategy in written format. «When we talk about national security strategy, I believe it consists of policy, processes, and practices to succeed. In our country, probably all three are addressed. The only thing missing is a written policy. I don't know why people insist on that,» Gen Chauhan said. If we didn't have a policy, we wouldn't have succeeded as we did in revoking Article 370 from Jammu and Kashmir, he asserted.

Immediately halt its military offensive and any other action in the Rafah Governorate, which may inflict on the Palestinian group in Gaza conditions of life that could bring about its physical destruction in whole or in part".The ICJ ruling against Israel on Friday brought the focus on Judge Dalveer Bhandari in India. So who is Dalveer Bhandari, the Indian Judge who voted in favor of the ruling against Israel.A former Supreme Court judge, Justice Bhandari has been a member of the International Court of Justice (ICJ) since 2012.

Stocks edged higher as markets reopened in Europe and the US with traders looking to inflation prints and central bank speakers for hints on the timing of interest-rate cuts. 

A missile attack has damaged a ship in the Red Sea off the coast of Yemen

Ayatollah Ali Khamenei, the lead-up to the early vote on June 28 has prompted a diverse array of hopefuls from various political factions to enter the fray.The registration for presidential candidates will start on Thursday.Iranian lawmakers on Tuesday reaffirmed their choice of former Revolutionary Guards commander Mohammad Baqer Qalibaf as the speaker of parliament. Qalibaf had been touted as a potential candidate in the presidential race by insiders and Iranian state media, AP reported.Also Read: Who was Ebrahim Raisi? Protégé of Iran's supreme leader Ali KhameneiUltraconservative Raisi, who had over a year remaining in his first term, passed away on May 19 in a helicopter crash, along with his foreign minister Hossein Amir-Abdollahian and six others.

International donors meeting in Brussels say they will commit 7.5 billion euros, about $8.1 billion, in both grants and loans to support Syrians battered by war, poverty, and hunger for the rest of this year and beyond

Syria's devastating civil war, now in its 14th year, remains largely frozen and so are efforts to find a viable political solution to end it

US support. Yet, this backing could run thin if America re-invests in the wisdom of a “decent respect for the opinions of mankind" in the context of how its overseas image is shaped by its Israel policy. It makes sense for all sides to grab an olive branch that puts an end to hostilities.

southern Gaza city of Rafah, newswire AFP reported.“The closed-door meeting was requested by Algeria, which is currently a non-permanent member of the council," AFP reported quoting diplomats.Meanwhile, Israeli Prime Minister Benjamin Netanyahu dismissed the attack on Monday as a "tragic mistake." The incident occurred in Rafah, southern Gaza, triggering a fire at a camp where displaced Palestinians had sought shelter. Local officials, as reported by the Associated Press, said that the attack resulted in the deaths of at least 45 people.Also Read: 'Despite our utmost efforts...': Netanyahu calls Israeli strike in Rafah a 'tragic mistake' that killed 45 people“Despite our utmost efforts not to harm innocent civilians, last night there was a tragic mistake," Netanyahu said Monday in an address to Israel’s parliament.

death of Iran’s president and the escalating war in Gaza, prices of Brent crude, the global benchmark, have stayed within $2 of $82 a barrel since the start of May. Part of the reason why OPEC is failing to keep prices high is because its members are failing to keep to their output targets. In March the group’s leaders and Russia extended production cuts, vowing a reduction of 2.2m barrels a day (b/d), or 2% of global supply, until the end of June, on top of 3.7m b/d of previously agreed cuts for 2024.

Gold prices were steady on Tuesday, as investors maintained a cautious stance ahead of key U.S. inflation data, which could provide more insight into the Federal Reserve's policy trajectory. FUNDAMENTALS

Remal'.The State Disaster Management Authority said that extremely heavy rainfall and squally wind with 40-50 kmph of speed, gusting to 60 kmph, is very likely to occur at isolated places over East Jaintia, East Khasi, South West Khasi, West Jaintia, West Khasi hills districts in next 24 hours, and hence citizens are requested to be cautious.Also Read: Cyclone Remal rips through Bengal: Storm floods farmlands, flattens homes; more rains expected today.

Gaza city of Rafah, officials said on Monday, prompting an outcry from global leaders who urged the implementation of a World Court ruling to halt Israel's assault. In scenes grimly familiar from a war in its eighth month, Palestinian families rushed to hospitals to prepare their dead for burial after the strike late on Sunday night set tents and rickety shelters ablaze.

Rafah on Sunday night, killed two senior Hamas commanders after targeting a Hamas compound, reported The Times of Israel. The Israeli attack followed Hamas's first rocket attack on the Israeli city of Tel Aviv in months, reported Al Jazeera. The Israeli airstrikes claimed the lives of 35 people and two senior Hamas commanders, injuring a dozen others in a blaze caused in a camp housing displaced civilians, according to The Times of Israel, citing Hamas health authorities.

Israeli airstrike on Sunday hit a refugee camp for displaced people in Gaza killing at least 35 people, mostly women and children, and injuring dozens more, CNN reported citing Palestinian Ministry of Health. The Ministry said that there is no hospital in Rafah with enough capacity to take this number of killed and injured, causing confusion among ambulance teams on where to transfer them.Videos that were posted on social media showed that the area that had been targeted included a large container used as a shelter for dozens of families, surrounded by hundreds of tents.

killed at least 35 people Sunday and hit tents for displaced people in the southern Gaza city of Rafah, and «numerous» others were trapped in flaming debris. Gaza's Health Ministry said women and children made up most of the dead and dozens of wounded. The attacks came two days after the International Court of Justice ordered Israel to end its military offensive in Rafah, where more than half of Gaza's 2.3 million population had sought shelter before Israel's incursion earlier this month. Tens of thousands of people remain in the area while many others have fled. Footage from the scene of the largest airstrike showed heavy destruction. Israel's army confirmed the strike and said it hit a Hamas installation and killed two senior Hamas militants. It said it was investigating reports that civilians were harmed. Defense Minister Yoav Gallant was in Rafah on Sunday and was briefed on the «deepening of operations» there, his office said.