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Author: David Rutman

Israel says it approves Starlink services in Gaza field hospital

February 14, 2024February 14, 2024David Rutman

The Israeli government said on Wednesday it has approved the use of Starlink satellite services in an Emirati field hospital in Rafah in the war-battered Gaza Strip and in Israel for the first time. “The Israeli security authorities approved the provision of Starlink services at the UAE’s field hospital operating in Rafah,” the Communications Ministry […]

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Netanyahu adviser says markets ignore Moody’s Israel cut

February 14, 2024February 14, 2024David Rutman

A muted response by financial markets to a credit rating downgrade of Israel by Moody’s last week shows investors understand that Israel’s economy is only temporarily struggling due to the war with Hamas, Prime Minister Benjamin Netanyahu’s chief economic adviser said. Since Moody’s on Friday cut Israel’s sovereign credit rating to A2 from A1 — […]

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Smotrich Arab sector budget cut will cause collapse in Bedouin councils

February 13, 2024February 13, 2024David Rutman

Finance Minister Bezalel Smotrich’s proposed 15% budget cut for the Arab sector will bring the local Bedouin councils to the edge of collapse, with serious repercussions for all of Israeli society, economic adviser for the National Committee of Heads of Arab Local Councils Ziad Abu Gnem said at an emergency meeting held for the heads […]

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Economist explains the real reason Israel’s credit rating dropped

February 13, 2024February 13, 2024David Rutman

Prof. Yaron Zelekha, head of the School of Accounting, Economics, and Financial Management at Kiryat Ono Academic Campus, addressed the credit rating downgrade of Israel by Moody’s during an interview Sunday on 103FM. “A door to a wave of credit rating downgrades has opened here, both for other rating agencies and for Moody’s itself. The […]

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American Grains blends US and Israeli flags

February 11, 2024February 11, 2024David Rutman

This past December, I attended a four-day conference in Phoenix, Arizona, for TurningPoint USA, where I met fellow American patriots who also share a very deep love for Israel. At the exposition, there were countless booths that sold sentimental American artifacts, but there was one particular business owner and his company that stood out.  Bret […]

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Moody’s credit rating downgrade of Israel causes small decrease in stocks

February 11, 2024February 11, 2024David Rutman

Israeli investors are not excited about Moody’s credit rating downgrade of Israel, and the Israeli stock market responded on Sunday morning with relatively moderate declines, with a decrease of around 0.4% in the TA-35 index and around 0.5% in the TA-125 index. Local players in the financial sector expect the stock market to continue to […]

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The Government Housing Plan’s 2024 highlights

February 11, 2024February 11, 2024David Rutman

After being presented to the media yesterday in a press conference, Israel’s housing plan for 2024 was approved in today’s government meeting. The plan, which includes an investment of billions of shekels, was developed by the Ministries of Construction and Housing, Finance, and other relevant government bodies, with the goal of maintaining functional continuity in […]

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Amnon Shashua: AI could solve our most perplexing questions in 10 years

February 10, 2024February 10, 2024David Rutman

Picture a spaceship descending from the cosmos, its crew composed of benevolent beings hailing from a world a million years ahead of our own. Their arrival isn’t one of conquest but, rather, of assistance. They offer us a unique opportunity – to tap into their wisdom and expertise. We can pose our most perplexing questions, […]

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TikTok removes feature used by Israel-Hamas war researchers

February 10, 2024February 10, 2024David Rutman

The popular app TikTok has removed a feature used by researchers to study the Israel-Hamas war, according to an article published by the Washinton Post on Thursday.  The feature, which shows how many times specific hashtags have been viewed, was used by researchers to measure the difference in pro-Palestinian and pro-Israel social media engagement. The […]

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Moody’s downgrades Israel to ‘A2’

February 9, 2024February 9, 2024David Rutman

Credit ratings agency Moody’s on Friday concluded its review of Israel and downgraded the country to “A2” from “A1”, citing material political and fiscal risks for the country due to its war with the Palestinian terrorist group Hamas. “While fighting in Gaza may diminish in intensity or pause, there is currently no agreement to end […]

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