DIRS.INFO The most relevant business & tech news

☆ Opinion: Psychology explains why the Israeli–Palestinian conflict is so intractable
▼ + stars: | 2024-01-16 | by ( Opinion Nafees Hamid | ) edition.cnn.com time to read: +13 min

CNN —As fighting continues between Israel and Hamas, many may wonder why this war — and, more broadly, the decades-long Israeli–Palestinian conflict — is so intractable. A feature of sacred values is that they cannot be traded-off with profane values like material incentives to compromise. When each side was offered foreign aid to incentivize the deal, it produced a backfire effect among those who held sacred values. When a symbolic concession was offered, those holding sacred values were less angered and disgusted by the deal, and support for violent opposition plummeted. Carrot-and-stick policies, such as the promise of foreign aid coupled with the threat of sanctions, backfire when presented to those holding sacred values.

Persons: Nafees Hamid, one’s, Alexi J . Rosenfeld, Khaled Meshaal, Bezalel Smotrich, Israel ”, Israel, Bezalel, it’s, Netanyahu Organizations: King’s College London, CNN, UN, Getty, Israel Defense Forces, Hamas, Defense, Administration, West Bank, Palestinian, New School for Social Research, Jewish, Israel, Tel Aviv University, Bank Locations: Israel, US, Qatar, Palestine, Gaza, Jordan, Russian Republic of Dagestan, Berlin, Jerusalem, Israeli, Palestinian

☆ Raanana attacks: One killed, 17 injured in twin attacks in Israeli city of Raanana
▼ + stars: | 2024-01-15 | by ( Amir Tal | ) edition.cnn.com time to read: +2 min

Jerusalem CNN —A woman in her 70s was killed Monday and 17 other people were injured in twin attacks in the central Israeli city of Raanana, according to hospitals treating the victims. A hospital outside Tel Aviv said it was treating seven children injured in the attacks. At least seven children were injured in the attacks, according to the Schneider Center for Pediatrics. “We strongly condemn the terrorist attack which left at least one dead and 17 injured, including several children, today in Raanana. Israeli settlers or soldiers have killed at least 340 Palestinians in the West Bank since October 7, according to the Palestinian Ministry of Health in Ramallah.

Persons: Jerusalem CNN —, ”, Ron Barnett, Jack Guez, “ Organizations: Jerusalem CNN, West Bank, Schneider Center for Pediatrics, Hamas, Israel . Police, Getty, French Foreign Ministry, ”, Palestinian Ministry of Health, The United Nations Office, Humanitarian Affairs Locations: Jerusalem, Raanana, Tel Aviv, Hebron, AFP, Israel, Ramallah

Video posted Monday to X by Al Jazeera showed hundreds of people rushing toward what appeared to be an aid truck in what the news outlet said was Gaza City. The Associated Press could not immediately independently verify the video and it was not clear when the video was filmed. Political Cartoons View All 253 Images“People in Gaza risk dying of hunger just miles from trucks filled with food,” said WFP Executive Director Cindy McCain. Israel blames Hamas for the high death toll, saying its fighters make use of civilian buildings and launch attacks from densely populated urban areas. The U.S., as well as the U.N., have continued to push Israel to ease the flow of aid.

Persons: Israel, Al Jazeera, ”, Cindy McCain, “, Khan Younis, Moshe Tetro, John Kirby, Israel “, “ We’re, Benjamin Netanyahu, ___ Magdy, ___ Organizations: Associated Press, Food Program, UNICEF, World Health Organization, Ministry, Hamas, White, National Security, CBS, ” Locations: RAFAH, Gaza, Israel, Gaza City, Egypt, Ashdod, Rafah, U.S, Cairo, Goldenberg, Tel Aviv, israel

☆ One killed, 17 injured in twin attacks in Israeli city of Raanana
▼ + stars: | 2024-01-15 | by ( Amir Tal | ) edition.cnn.com time to read: +1 min

Jerusalem CNN —A woman in her 70s was killed Monday and 17 other people were injured in twin attacks in the central Israeli city of Raanana, according to hospitals treating the victims. The attacks came the day after Israel’s war against Hamas passed the 100-day mark. Without claiming responsibility, Hamas said the attacks were “a natural response to the occupation’s massacres and its continued aggression against our Palestinian people” and called for more attacks against Israel. Police said sweeps were still being conducted in the area to ensure there were no further threats. This is a developing story and will be updated.

Persons: Jerusalem CNN —, ” Organizations: Jerusalem CNN, West Bank, Hamas, Israel . Police Locations: Jerusalem, Raanana, Tel Aviv, Hebron

☆ Israel-Hamas War U.S. Says It Shot Down Houthi Missile Aimed at Navy Ship
▼ + stars: | 2024-01-15 | by ( Vivek Shankar | ) www.nytimes.com time to read: +10 min

They were photographed during an escorted tour with the Israeli military. Image More than 23,000 Palestinians in Gaza have been killed since the war began, according to Gazan health officials. Image Houthi fighters at a protest in Sana, Yemen, on Sunday against U.S.-led airstrikes targeting Houthi military sites. “Nothing’s fair in Gaza,” Mr. Sindawi said in a text message. Although the Israeli military has said it is scaling back its operations in the north, its forces continue to clash with Hamas fighters there.

Persons: Benjamin Netanyahu, Israel, ”, Netanyahu, ” Mr, Israel ”, Fatima Shbair, Mr, Khaled Abdullah, Hassan Nasrallah, “, ” Philippe Lazzarini, Rajab al, Sindawi, Gabi Siboni, Siboni, Fuad Khuffash, Khuffash, hasn’t, Hamas’s, Herzi Halevi, Marco Longari, Jonathan Dekel, Chen, Sagui, Hwaida Saad, Ameera Harouda, Roni Caryn Rabin, Gabby Sobelman, Myra Noveck, Matthew Mpoke Bigg Organizations: Hamas, Credit, United Nations ’, United, Sunday, U.S, Reuters, United Nations, ., Agence France, Jerusalem Institute for Strategy, Security, West Bank, Protesters, Gaza Locations: Gaza, United States, Israel, Hague, South Africa, Iran, Lebanon, Yemen, Red, Sana, Gaza City, Tel, Rafah, Egypt, Nablus, Tel Aviv, Gaza . Credit, American, London , Washington , New York, London, ”, Washington, U.S

☆ Saudi Arabia isn’t ruling out befriending Israel. But it may come at a higher price
▼ + stars: | 2024-01-15 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +70 min

Fatima Shbair/AP Mourners collect the bodies of Palestinians killed in an Israeli airstrike in Khan Younis, Gaza, on December 24. Ilia Yefimovich/dpa/picture-alliance/AP Relatives and friends bid farewell to the body of Al Jazeera camera operator Samer Abu Daqqa in Khan Younis, Gaza, on December 16. Mahmud Hams/AFP/Getty Images Israeli soldiers form an honor guard at the funeral of Israeli reserve soldier Master Sgt. Mohammed Saber/EPA-EFE/Shutterstock Children use candles for lighting in Khan Younis, Gaza, on Friday, October 20. Maya Alleruzzo/AP A boy carries salvaged belongings from the wreckage of his family's home in Khan Younis, Gaza, on October 11.

Persons: UAE CNN —, Antony Blinken, ” Blinken, ”, “, “ There’s, ” Prince Khalid bin Bandar, ” Ali Shihabi, Shihabi, Israel, Blinken, Evelyn Hockstein, Benjamin Netanyahu, Joe Biden, Abraham, Biden, Yousef Al Otaiba, Israel “, ” Otaiba, Prince Mohammed bin Salman, Firas Maksad, Abir, Prince Khalid, Maksad, Jamal Khashoggi, ” Maksad, ” Prince Khalid, Isaac Herzog, Oded, Abed Rahim Khatib, Noam Galai, Majdi, Sufian Dagash, Ohad, Abed Zagout, Harel Ittah, Ariel Schalit, Khan Yunis, Stringer, Elisha Yehonatan Lober, Mount Herzl, Maja Hitij, Fatima Shbair, Ahmad Hasaballah, Mohammed Salem, Yaacov Elian, Boris Dunavetski, Amir Levy, Mohammed Abed, Mahmud Hams, Alon Lulu Shamriz, Ilia Yefimovich, Abu Daqqa, Khan, Khan Younis, Ben Shelly, Clodagh Kilcoyne, Eviatar Cohen, Mostafa Alkharouf, Mohammed Dahman, Ibraheem Abu Mustafa, Atef Safadi, Gal Meir Eisenkot, Eisenkot, Gadi Eisenkot, Leo Correa, Alexi Rosenfeld, Alleruzzo, Amir Cohen, Gil Cohen, Menahem Kahana, Sergeant Aschalwu Sama, Tsafrir, John MacDougall, Ahed Tamimi, Nasser Nasser, Viktor, Helena Brodski, Kiril Brodski, Ammar Awad, Jack Guez, Jabel Mukaber, Mahmoud Illean, Alexander Ermochenko, Younis, Mustafa Hassona, Asher, Raz, Doron, Schneider, Jaafar Ashtiyeh, Majed Al, Ansari, Mohammed Hajjar, Said Khatib, Jalaa Marey, Victor R, Liron Snir, James Oatway, Ashraf Amra, Ahmad Gharabli, Rizek Abdeljawad, Major Jamal Abbas, Shir Torem, Alexi J . Rosenfeld, Christopher Furlong, Hatem Ali, Avraham Fetena, Sgt, Raz Abulafia, Fadel Senna, Nasser, Matan Meir, Haitham Imad, Roni Eshel, Eshel, Kenzo Tribouillard, Sadi Berek, Salah al, Varda Goldstein, Nir Oz, Bernat, Tomer Appelbaum, Mohammad Abu Elsebah, Khaled Ibn Al, Walid, Ya'akov Ozeri, Ronen Zvulun, Mohammed Alaloul, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Salman Habaka, Yuval Zilber, Jalaa Merey, Ahmad Salem, Ali Jadallah, Anas al, Yosef Vahav, Kiryat Shmona, Albert Miles, Ilan Rosenberg, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Yoav Gallant, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Sagiv Ben Zvi, Omar El, Yasser Qudih, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Janis Laizans, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Brendan Smialowski, Netanyahu, Kenny Holston, Kfar Aza, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Tali Touito, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, Lana Nusseibeh, “ That’s, Abu Dhabi, Anwar Gargash, ” Gargash Organizations: UAE CNN, Hamas, BBC, CNN, Palestinian, West Bank, Reuters, United Arab, Abraham Accords, Israel, UAE, Arab League, Saudi, Fox News, Washington Institute for Near East, Middle East Institute, Israeli, Getty, of Health, Congressional, Republicans, United Nations Security, AP, European Hospital, Mount, Rockets, UN, Anadolu, Museum of Art, Security, Nova, Magen, Getty Images, Kiryat, Islamic Jihad, Red, Tel, Tel Aviv Sourasky Medical, Young, AP People, Schneider Children's Medical, Sisters, Schneider Children's, Ofer, Cross, Foreign, Artillery, Aqsa Martyrs Hospital, Al, Unicef, AP Journalists, Israel Defense Forces, Modern, Nasser Hospital, Nasser Medical, Najjar, Israel Defence Forces handout, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, IDF, EyePress, New York Times, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount Herzl Military, Anadolu Agency, Nova Festival, Ben Gurion, United Nations, Reuters Police, Reuters Rockets, Wall, Shihabi Locations: Abu Dhabi, UAE, Israel, Saudi Arabia, Riyadh, Saudi, United Kingdom, Gaza, United States, ”, Palestinian, East Jerusalem, Al Ula, Reuters Israeli, United Arab Emirates, Bahrain, Morocco, Sudan, Washington , DC, Jerusalem, Abir Sultan, AFP, Turkey, Gulf, Tel Aviv, Israeli, Rafah, Maghar, Anadolu, Netanya, Khan, Khan Younis, Shaul, Shefayim, Jazeera, Kidron, Kfar Saba, Nahal Oz, Herzliya, Ashkelon, Petah Tikva, Ramallah, Egypt, Ofakim, Jabel, Khezaa, Gazan, Sisters Aviv, Beitunia, Gaza City, Galilee, Lebanon, Al, Aqsa, Al Bureij, Deir Al Balah, Xinhua, Pekiin, Mavki'im, Haifa, Sderot, Beit Hashmonai, Europe, Rishpon, Odem, Gaza's Al, Deir Al, Balah, Bureij, Kfar Aza, Meron, Jerusalem's, City, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Yanuh Jat, Netaim, Golan Heights, Shareef, Beit Guvrin, Kiryat, Al Aqsa, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, Ras, Israel's, Yehuda, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Mount Herzel, Yassin, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Dhabi, Dubai, Al Arabiya

☆ Israel Pushes Ahead With War Against Hamas Despite Growing Pressure Over Hostages
▼ + stars: | 2024-01-14 | by ( Chao Deng | ) www.wsj.com time to read: +1 min

Iran-backed groups form a land bridge across the Middle East and connect in an alliance that Tehran calls the “Axis of Resistance.” Here’s what to know about the alliance that includes Hamas in Gaza, Hezbollah in Lebanon and the Houthis in Yemen. Photo Illustration: Eve HartleyTEL AVIV—Israeli Prime Minister Benjamin Netanyahu pledged to continue the war in Gaza despite mounting international pressure to wrap up the conflict, now stretching into its 100th day, and persistent demands at home for him to give priority to the return of hostages still held by Hamas. “Nobody will stop us—not The Hague, not the axis of evil and not anybody else,” he said from the Israeli military headquarters in Tel Aviv on Saturday night, referencing an alliance of Iran-backed armed groups in the region and a United Nations court case brought by South Africa accusing Israel of committing genocide against Palestinians.

Persons: ”, Hartley, Benjamin Netanyahu, “, Israel Organizations: United Locations: Iran, Tehran, Gaza, Hezbollah, Lebanon, Yemen, AVIV, Hague, Tel Aviv, United Nations, South Africa

☆ A defiant Netanyahu says no one can halt Israel's war to crush Hamas, including the world court
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +8 min

South Africa asked the court to order Israel to halt its blistering air and ground offensive in an interim step. Netanyahu made clear that Israel would ignore orders to halt the fighting, potentially deepening its isolation. Israel argues that ending the war means victory for Hamas, the Islamic militant group that has ruled Gaza since 2007 and is bent on Israel's destruction. In more fallout from the war, the world court this week heard arguments on South Africa's complaint against Israel. In Gaza, where Hamas has put up stiff resistance to Israel's blistering air and ground campaign, the war continued unabated.

Persons: Benjamin Netanyahu, Israel, Netanyahu, Joe Biden's, —, Herzl Halevi, Khan Younis, Antony Blinken, Blinken, Mahmoud Bassal, Abu Youssef al, Jawwal, OCHA Organizations: Ministry of Defence, International Court of Justice, Hague, Dublin, White, Israel, Hamas, Britain, U.S, Gaza Health Ministry, Gaza's Civil Defense, Civil, Associated Press, United Nations Locations: Tel Aviv, Israel, Gaza, Africa, Hague, Iran, Washington , London, Paris, Rome, Milan, Yemen, Lebanon, Iraq, Syria, U.S, Red, South Africa, Khan, Egypt, Rafah, Gaza City, Palestinian, Al

Sunday's missile strike came a day after the Israeli army said it killed three militants who had crossed into Israel from Lebanon and attempted to carry out an attack. The latest attacks on Israel, including the deaths of two civilians on Sunday, raised the likelihood of new Israeli reprisals. More than 115,000 Israelis have evacuated from northern Israel due to the ongoing tensions. In Israel, 12 soldiers and seven civilians have died from rocket launches from Lebanon, and more than 170 were injured. Hezbollah has reported at least 150 fighters and 20 civilians have been killed in the near-daily exchanges of fire.

Persons: Yemen’s, Hassan Nasrallah, ” Nasrallah, Israel, Netanyahu, Yuval, SHIELDS, Joe Biden’s, Antony Blinken, Khan Younis, ”, Rami Abu Matouq, ___ Magdy, Chehayeb, Abby Sewell Organizations: JERUSALEM, Sunday, International Court of Justice, Hamas, Islamic Glory Brigades, Associated Press, Islamic, Dublin, White, U.S, Gaza Health Ministry Locations: Israel, Lebanon, Gaza, Iran, Syria, Iraq, U.S, South Africa, Hague, Tel Aviv, Beirut, Jan, Yuval, Israeli, Golan, Islamic Jihad, SHIELDS ISRAEL, Washington , London, Paris, Rome, Milan, ISRAEL, Egypt, United States, Rafah, U.N, Cairo, israel

☆ ‘Nothing is moving:’ Families’ anger grows in Israel as hostages mark 100 days in Hamas captivity
▼ + stars: | 2024-01-14 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +11 min

A hostage release deal agreed between Israel and Hamas in late November ended after six days, with more than 100 freed. Others are angry at what they see as a failure by the Red Cross to help them. Cohen accused the Red Cross of failing in its mission to protect civilians. He was also critical of the Red Cross, which he accused of failing in its mission to protect civilians. “The countries that support the Red Cross should turn off the tap and tell them there’s no more money,” he said Monday.

Persons: There’s, It’s, ” Naama Weinberg, Itai Svirsky, Be’eri, ” Weinberg, “, Itai, Orit, Rafi – Itai’s, Aviva Sela, Grace Cabrera, Weinberg, Dror Weinberg Almog, ”, Saleh, Lianne Kolirin, Svirsky’s, Israel’s, Yahya Sinwar, they’ll, Shai Wenkert, Omer, Ilia Yefimovich, Wenkert, Echoing Weinberg, Benjamin Netanyahu, Clodagh Kilcoyne, Reuters Wenkert, Cross, “ Omer, Kfir Bibas, Bresler, Noa Argamani, ” Bresler, ” Moshe Cohen, Cohen, ’, Moshe Cohen, Argamani, She’s Organizations: CNN, Aviva, IDF, Hamas, Nova, Forum, Reuters, International Committee, Hostage, Nvidia, Ministry of Health, ICRC Locations: Israel, Tel Aviv’s, Lebanon, Arouri, Gaza, Tel Aviv's, Bresler, South America, Mexico, Geneva, Switzerland

The families of hostages held in the Gaza Strip kicked off a 24-hour rally in Tel Aviv Saturday night, calling on the government to bring their loved ones home after 100 days spent in Hamas captivity. Thousands of people poured into “Hostages Ssquare” in Tel Aviv — a central plaza opposite Israel's Defense Ministry that has served as a gathering point for the campaigners. More than 100 hostages were released during a temporary truce in November, but 132 remain held in Gaza including the remains of about two dozen who died or were killed. They are dying.”Political Cartoons View All 253 ImagesThere has been little visible progress toward a new deal to release hostages. In Tel Aviv, many of the protesters were planning to stay out all night.

Persons: “, ”, Ronen Neutra, Omer Neutra, Israel, Osama Hamdan, Benjamin Netanyahu's, Emmanuel Macron, Jacob Lew, Lew, Macron, ” Lew Organizations: Gaza, Defense Ministry, Qatar, International Committee, “ Locations: Tel Aviv, Gaza, Israel, Beirut, Caesarea, U.S

☆ Opinion | Don’t Turn Away From the Charges of Genocide Against Israel
▼ + stars: | 2024-01-12 | by ( Megan K. Stack | ) www.nytimes.com time to read: +2 min

With the question of whether Israel is committing genocide in Gaza now before the International Court of Justice, the Biden administration has struck a tone of glib dismissal. “Meritless” seems to be the agreed-upon term among U.S. officials. “The charge of genocide is meritless,” Secretary of State Antony Blinken intoned from a podium in Tel Aviv this week. “Meritless, counterproductive, and without any basis in fact whatsoever,” blustered the National Security Council spokesman John Kirby. Top Israeli political and military leaders have themselves helped to bolster the case against their government.

Persons: Biden, “ Meritless, Antony Blinken intoned, ”, John Kirby, Benjamin Netanyahu, Yoav Gallant, —, “ Organizations: International Court of Justice, National Security, Gaza Locations: Israel, Gaza, ”, Tel Aviv, South Africa

☆ Prefab Homebuilder Veev Wanted to Fix the Housing Crisis. Here's What Went Wrong.
▼ + stars: | 2024-01-05 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

Veev also promised they would be green and less expensive, thanks to its factory process. The Veev representative said "no employee was requested to do so as a policy." The Veev representative said "production lines were not idle," and design errors were inevitable because the company was still testing its product. "While the Series D money was committed, not all of it was received," the Veev representative said. "Veev and Lennar made a joint decision to stop building the Gramercy project," the Veev representative wrote.

Persons: Henry Ford, Veev, Lennar, Elon, Veev Veev, Amit Haller, Ami Avrahami, Dafna Akiva, Haller, Ari Rauch, Rauch, Bond, Calcalist, I've, Scott Long, thatit, Long, Veev's Organizations: Federal Reserve, Business, Katerra, Industry, American, BI, NSF, Fortune, Employees, Dow Chemical, Lennar, Gramercy, Hayward, Wall LLC Locations: Hayward , California, homebuilding, San Carlos , California, Tel Aviv, California

Far beneath the Israeli military headquarters in Tel Aviv, in a bunker known as The Pit, commanders were trying to make sense of reports of Hamas rocket fire in southern Israel early on the morning of Oct. 7, when the call came in. It was a commander from the division that oversees military operations along the border with Gaza. It ordered all emergency forces to head south, along with all available units that could do so quickly. But the nation’s military leaders did not yet recognize that an invasion of Israel was already well underway. Roughly 1,200 people died as the Middle East’s most advanced military failed in its essential mission: protecting Israeli lives.

Organizations: Hamas Locations: Tel Aviv, Israel, Gaza

☆ Op-ed: After crisis, Israel's economy always comes back stronger
▼ + stars: | 2023-12-12 | by ( Anat Katz | Economic Minister To North America For Israel'S Ministry Of Economy | ) www.cnbc.com time to read: +2 min

In just a few hours, the nation of Israel went from business as usual to national emergency and national mourning. Throughout this ongoing crisis, the resilience of Israel's economy has once again taken center stage. This should be no surprise, as resilience has always been a key tenet of Israel's long-term success, military or otherwise. Most recently, the Covid-19 pandemic struck a terrible blow to Israel's economy in the second quarter of 2020, reducing GDP by roughly 30% annualized. The Tel Aviv Stock Exchange's flagship TA-125 Index dropped over 8% in that war's opening days, but took only 40 days to recover to pre-war levels.

Persons: Warren Buffett, Israel, Berkshire Hathaway, Buffett Organizations: Tel, Tel Aviv Stock Exchange's, TA Locations: Israel, Lebanon, Berkshire, Lebanese, Iscar, Tel Aviv

☆ U.S. has failed the Palestinian people, officials say after vetoed UN vote for Gaza Strip cease-fire
▼ + stars: | 2023-12-11 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +5 min

(Photo by Majdi Fathi/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty ImagesPalestinian officials expressed resounding disappointment after the United States vetoed a United Nations resolution calling for an immediate humanitarian cease-fire in Gaza. Yuki Iwamura | AFP | Getty ImagesThe U.S. on Friday vetoed a U.N. Security Council draft resolution that was backed by 13 Security Council members, while the United Kingdom abstained. The vote came about after U.N. Secretary-General Antonio Guterres invoked Article 99 of the U.N. charter to coalesce the 15-nation council to address the crisis in the Gaza Strip. Mohammad Shtayyeh, prime minister of the Palestinian Authority, echoed the disappointment on Sunday, describing the result as "sad" and a "shame." The internationally recognized Palestinian Authority administered the Gaza enclave before the shock win of Hamas in the elections of 2006.

Persons: Majdi Fathi, United Kingdom Husam Zomlot, CNBC's Dan Murphy, White, John Kirby, Israel, Kirby, Antonio Guterres, Yuki Iwamura, Mohammad Shtayyeh, it's, that's, Joe Biden, Benjamin Netanyahu, Antony Blinken, Brendan Smialowski, Israel —, Robert Wood Organizations: Hamas, Getty, Nurphoto, United, Doha Forum, CNBC, Air Force, Reuters, UN, United Nations Security, AFP, Security, Palestinian Authority, West Bank, Chatham House's, U.S ., Gaza, Palestinian, U.S, Afp, Israel Defense Forces Locations: Jaffa, Deir el, Gaza, Israel, United Nations, U.S, United Kingdom, Qatar, Lebanon, Washington, Lebanese, New York City, United, Vakil, Chatham, East North Africa, Doha, liaise, Tel Aviv, Palestine

☆ Israel Presses Assault on Hamas’s Last Major Gaza Bastion
▼ + stars: | 2023-12-05 | by ( Dov Lieber | Margherita Stancati | ) www.wsj.com time to read: 1 min

TEL AVIV—Israeli forces closed in on the city of Khan Younis in the Gaza Strip on Tuesday, engaging in close combat with Hamas fighters in what could be the decisive battle of the two-month-old war, while residents fled from the fighting amid a worsening humanitarian plight. Hamas, a U.S.-designated terrorist group, is defending its last major bastion in Gaza, where Israel believes the group’s leaders are hiding and holding hostages, after Israeli forces drove the militants and much of the population out of Gaza City in the enclave’s north.

Persons: Khan Younis Organizations: Hamas Locations: TEL AVIV, Khan, Gaza, U.S, Israel, Gaza City

☆ The 10 most expensive cities in the world
▼ + stars: | 2023-12-05 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Geneva, Paris, and San Francisco were among the 10 most expensive cities. 1 in a ranking of how expensive 173 cities around the world are. AdvertisementAn EIU article noted that while New York and two other US cities were part of the top 10 most expensive cities based on the cities analyzed, the article stated that "North American cities have, on average, slipped down our cost-of-living ranking." Singapore was also the most expensive city in the world last year when it tied with New York. AdvertisementHere are the most expensive cities, each with their index noted below from the EIU report.

Persons: —, EIU, Hong Kong, Syetarn, Hansakul Organizations: Economist Intelligence, Singapore, Service, Business, New, Swiss, Hong Locations: Zurich, Geneva, Paris, San Francisco, Singapore, New York City, New York, Hong Kong, Tel Aviv, Israel, Copenhagen, Denmark

☆ Israeli regulators are looking into unusual trading prior to October 7 attack
▼ + stars: | 2023-12-05 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Regulators in Israel are aware of and reviewing research that suggests some unknown traders may have had advance knowledge of the October 7th Hamas attacks. “This subject is known and is being thoroughly checked,” Sivan Carmon, a spokesperson for the Israel Securities Authority, told CNN in a statement on Tuesday. The ISA, the Israeli equivalent of the US Securities and Exchange Commission, is charged with fighting securities fraud, insider trading and other market abuse. Experts urged regulators to investigate the matter, including by looking at nonpublic market data that researchers did not have access to. “Of course, that’s quite different from trading based on inside knowledge of terrorist attacks,” Whitehead said.

Persons: ” Sivan Carmon, hasn’t, Yaniv Pagot, ” Pagot, ” Charles Whitehead, Whitehead, ” Whitehead, ” – CNN’s Gayle Harrington Organizations: CNN, Regulators, Israel Securities Authority, Columbia University, New York University, ISA, US Securities and Exchange Commission, Industry Regulatory Authority, Israel, Fund, Tel Aviv Stock Exchange, Bank Leumi, Cornell Law School Locations: Israel, Gaza, San Francisco

Mendes' account is one of seven given to Reuters by first responders or others dealing with the dead that attest to alleged sexual violence. VICTIMS DEAD, TRAUMATIZEDIn Israeli criminal law, sexual violence includes rape, but also indecent acts, harrassment and sexually demeaning a person – including forced nudity – among other offences. Some of those purporting to show sexual violence could not be authenticated – one seen by Reuters appeared to date to 2021. The news agency verified the locations of two other videos that suggest sexual violence, shared on social media within a day of the attack. Israeli lawyers say its evidentiary requirements on sexual violence are less challenging than Israel's.

Persons: Ronen, Shari Mendes, Mendes, It's, Deen al, Beeri, Taher al, Nono, Orit Soliciano, Neubach, Shelly Harush, Chen Kugel, Kugel, Dana Pugach, Rabbi Israel Weiss, Nachman Dyksztejn, Rami Shmuel, Shani Louk, Yael Vias Gvirsman, Vias Gvirsman, Geert, Jan Knoops, Israel, Peter Hirschberg, Anthony Deutsch, Stephanie Van Den Berg, Edmund Blair, Sara Ledwith, Daniel Flynn Organizations: Nova Festival, REUTERS, Rights, Shura, Reuters, Israel's Association, Association, Authorities, Israel National Center of Forensic Medicine, Ono Academic, Zaka, Police, Criminal Court, ICC, Israel's, Israeli Defence Force, Thomson Locations: Gaza, Israel's, Israel, Israeli, The Hague, Tel Aviv, Shura, Amsterdam, London

☆ Walmart and Target borrowing ideas from each other shows we're in a new economic landscape
▼ + stars: | 2023-12-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at the rising similarities between Target and Walmart. Dominick Reuter/Business InsiderIf imitation is the sincerest form of flattery, Walmart and Target are embarking on some serious tributes to each other. AdvertisementTwo of the country's largest retailers are taking pages from each other's playbooks as they adjust to a changing economic landscape. And Walmart founder Sam Walton openly admitted he stole borrowed plenty of ideas from Sol Price, the originator of the wholesale club model. That's led Walmart to see an increase in higher-income clientele, a trend they're leaning into.

Persons: —, Dominick Reuter, Insider's Dominick Reuter, Dominick, Christina Hennington, it's, Sam Walton, Sol Price, That's, Charlie Flanagan, Management's Bryan Kelly, Li Deng, Mike Schuster, Sam Altman Andrew Caballero, Reynolds, Daniel Ek, Slaven Vlasic, Rebecca Zisser, Elon, Zers, Xochitl Gomez, Alyson Hannigan, Jason Mraz, Charity Lawson, Ariana Madix, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Target, Walmart, AQR, Investments, AQR Capital Management, Vatic Investments, Sigma, Investment, Barclays, ING, MSCI Israel, Tel, Tel Aviv Stock Exchange, Israel Securities Authority, Reuters, Broadcom, VMware, The New York Times, Inc, Adobe, ABC, Major, Baseball, MLB Network Locations: Israel, Tel Aviv, New York City, San Diego, London, New York

☆ Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack
▼ + stars: | 2023-12-05 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

JERUSALEM, Dec 5 (Reuters) - The Tel Aviv Stock Exchange said on Tuesday that a report by U.S. researchers suggesting there were investors in Israel who may have profited from prior knowledge of Hamas' Oct. 7 attack was inaccurate and its publication irresponsible. "There was nothing unusual in short positions in the stock exchange in the two months before the attack." "The ISA's examinations found, inter-alia, that the average short balances for shares traded on the Tel-Aviv Stock Exchange declined during the period preceding October 7th," the regulator said in a statement. Their report said "short interest in the MSCI Israel Exchange Traded Fund (ETF) suddenly, and significantly, spiked" on Oct. 2, based on data from the Financial Industry Regulatory Authority (FINRA). He also said the short position in Leumi was taken by an unidentified Israeli bank known to the TASE.

Persons: Robert Jackson Jr, Joshua Mitts, Yaniv Pagot, Pagot, Mitts, Steven Scheer, Mark Potter, Leslie Adler Organizations: Tel Aviv Stock Exchange, U.S, New York University, Columbia University, Hamas, Reuters, Israel Securities Authority, Tel, Aviv Stock Exchange, ISA, Leumi, MSCI Israel, Fund, Financial Industry Regulatory Authority, Thomson Locations: Israel, Leumi, Israel's, agorot, MSCI

☆ Israel, Hamas Engage in Some of Fiercest Fighting of War
▼ + stars: | 2023-12-04 | by ( Benoit Faucon | Dov Lieber | ) www.wsj.com time to read: 1 min

TEL AVIV—Israeli troops and Hamas fighters were engaged Monday in some of the toughest fighting of the two-month-old war, as Israel looks to decisively finish its operations in and around Gaza City and prepare to move its offensive south. The Israeli military has essentially cornered Hamas fighters in two of their last strongholds in the northern Gaza Strip—the Shajaiya neighborhood of Gaza City and the city of Jabalia, immediately to the north.

Locations: TEL AVIV, Israel, Gaza City, Gaza, Jabalia

☆ Unknown traders appear to have anticipated October 7 Hamas attack, research finds
▼ + stars: | 2023-12-04 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

Short selling is a way to bet against the value of a security. “Our findings suggest that traders informed about the coming attacks profited from these tragic events,” the authors wrote. The research found that on October 2, just five days before the Hamas attack, “nearly 100% of the off-exchange trading volume in the MSCI Israel ETF … consisted of short selling.”“Days before the attack, traders appeared to anticipate the events to come,” the professors wrote. In the days before the attack, bets against Israeli securities traded on the Tel Aviv Stock Exchange “increased dramatically,” the paper said. “Taken together, our evidence is consistent with informed traders anticipating and profiting from the Hamas attack,” the authors wrote.

Persons: hasn’t, Jonathan Macey, ”, Robert Jackson Jr, Joshua Mitts, “, Mitts, it’s “, ” Mitts, Jackson, Bill Bagley, Charles Whitehead, Whitehead, – Organizations: New, New York CNN, Columbia University, New York University, Israel, Fund, Yale Law School, CNN, “ Regulators, SEC, NYU, …, US Securities and Exchange Commission, Israeli Securities Authority, Reuters, Financial Industry Regulatory Authority, Tel Aviv Stock Exchange, Bank, Cornell Law School Locations: New York, Israel, Gaza, Columbia, Bank Leumi

☆ Israel investigates possible trading knowledge ahead of Oct 7 Hamas attack
▼ + stars: | 2023-12-04 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

[1/2] An aerial view shows vehicles on fire as rockets are launched from the Gaza Strip, in Ashkelon, southern Israel October 7, 2023. REUTERS/Ilan Rosenberg/File Photo Acquire Licensing RightsJERUSALEM, Dec 4 (Reuters) - Israeli authorities are investigating claims by U.S. researchers that some investors may have known in advance of a Hamas plan to attack Israel on Oct. 7 and used that information to profit from Israeli securities. "And just before the attack, short selling of Israeli securities on the Tel Aviv Stock Exchange (TASE) increased dramatically," they wrote in their 66-page report. In response, the TASE referred Reuters to the Israel Securities Authority, which said: "The matter is known to the authority and is under investigation by all the relevant parties." The professors referred to patterns in early April when it was reported that Hamas was initially planning its attack on Israel.

Persons: Ilan Rosenberg, Robert Jackson Jr, Joshua Mitts, Steven Scheer, Howard Goller Organizations: REUTERS, Rights, U.S, Research, New York University, Columbia University, MSCI Israel, Fund, Financial Industry Regulatory Authority, Tel Aviv Stock Exchange, Reuters, Israel Securities Authority, Thomson Locations: Gaza, Ashkelon, Israel, MSCI, Israel's

Search resuls for: "AVIV"

25 mentions found