I had a very detailed retirement plan, and I feel like I’ve met every aspect of it: a lot of golf, a lot of carbs, a lot of fried food, and some booze, occasionally – I’ve been completely committed… The results have shown. – Andy Roddick I can’t believe we are already in 2024. It […]
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There are 3,194 billionaires worldwide. Some on the list are well known, such as Elon Musk (Tesla), Jeff Bezos (Amazon), and Mark Zuckerburg (Facebook/Meta). But some names on the list arouse puzzlement, disgust, and fury, such as Musa Abu Marzouk ($2.3 billion) and Khaled Mashaal ($2.6 billion). Marzouk, senior Hamas leader, was named by the […]
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The new CHAI Exchange-Traded Fund (ETF) will contribute 100% of its profits to Magen David Adom, The Jerusalem Post has confirmed. “In honor of the CHAI ETF launch, we are proud to contribute to Magen David Adom for their amazing work,” Defiance Investments Chairman Matthew Bielski told the Post. Defiance, an American ETF firm, and […]
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Israel’s wartime economy will get a much-awaited boost as the military gradually releases reservists fighting in the Gaza Strip so they can return to their jobs and jumpstart softening growth. Since the October 7 attacks by Hamas terrorists, more than 300,000 Israelis were drafted to reserve duty – many coming from the globally important high-tech […]
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The Suez Canal serves as a gateway connecting East and West. Thousands of cargo ships traverse the canal annually, carrying approximately 30% of global shipping containers. However, recent hostilities against ships in the Red Sea, attributed to Yemen’s Houthi militia, have led several shipping companies to avoid this route, significantly affecting global shipping container traffic. […]
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In a coordinated effort, key figures from the fintech sector and leading financial companies are partnering with the National Bureau for Counter-Terror Financing (NBCTF) in Israel to address terrorism financing. The joint initiative seeks to integrate Israel’s official sanctions list regarding terrorism financing into the worldwide financial system in an effort to disrupt the flow […]
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Already in the 2024 budget: The program to bring back demand to the southern and northern periphery is currently being prepared by the Treasury, and was distributed yesterday by Ministry Director-General Shlomi Hayazelar for comments from the heads of departments in the Construction and Housing Ministry and the Israel Land Authority, with the intention of […]
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Israeli communications company Omnitelecom has launched an initiative that allows any organization – whether in the private or public sector – to tap into a sophisticated emergency response system developed by the company at no cost, the company announced Tuesday. Omnitelecom’s “CALL ON” system is a smart management system for calling emergency teams at the […]
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In the midst of Israel’s ongoing conflict with Hamas in Gaza, 1948 Ventures has emerged as a potential catalyst for the nation’s tech sector. The US-based venture capital firm, known for its commitment to innovation and impact, has expedited its launch to invest in early-stage Israeli companies with dual-use applications. Founder Aaron Kaplowitz discussed the […]
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In a decisive move aimed at bolstering economic growth amid ongoing geopolitical challenges, the Bank of Israel Monetary Committee, led by Governor Prof. Amir Yaron, has announced a 0.25% reduction in the interest rate to 4.5%. This marks the first interest rate cut in Israel since the initial days of the Covid-19 pandemic in March […]
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