Israel

ISRAEL-POLITICS-CABINET

Israel to Use $3.6B Withheld Palestinian Funds to Settle $544M Electric Debt

Israel will use the tax revenue it collects for the Palestinian Authority to settle the PA's $544 million debt to Israel Electric Company, after withholding funds since October 2023.


Intel Reportedly Postpones Development of $25 Billion Chip-Manufacturing Plant in Israel

Intel plans to slow its multibillion-dollar expenditures in worldwide facilities, delaying the completion of its $25 billion chip production unit in Israel.

Israel Faces Inflation and Housing Shortages as a Result of Ongoing Conflict

Israel faces the harsh reality of the ongoing conflict with Hamas as the country struggles to bounce back from increasing inflation, price surges, and housing shortages.

US Refuses to Comment Bombs Dropped in Rafah are American-Made

Top US officials have refused to comment whether American-made munitions were used at an Israeli airstrike that left 45 people dead and 200 more injured.


Latest News

MIDEAST-PALESTINIAN-ISRAEL-AL-JAZEERA-TV
Israel PM Benjamin Netanyahu's cabinet voted to cease all operations of Al Jazeera in the country, due to security concerns, until the end of major military operations in Gaza.
Samsung Next is Leaving Israel as War Continues, Taking Its Business Operations Abroad
Samsung Next is leaving Israel as the war rages on. The firm decided to take its business operations abroad instead.
Turkey announced that it has decided to suspend the export of certain products to Israel in light of the current invasion of Gaza.
McDonald's is purchasing Israeli outlets from a longstanding franchisee to boost sales after boycotts.
After seven workers from the World Central Kitchen died in an Israeli airstrike on Tuesday, many humanitarian relief groups ceased their activities in Gaza.
Reports indicate that the Biden administration is poised to approve the sale of up to 50 American-made F-15 fighter jets, valued at over $18 billion, to Israel.
Israel Gives Intel $3.2 Billion Grant for New $25 Billion Chip Plant, Biggest Ever Foreign Investment in Country
The Israeli government has approved to give Intel a $3.2 billion grant for its upcoming $25 billion chip plant in southern Israel.
Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
Trading on Terror? Israel Investigates Claims Some Traders Knew Hamas' Attack Plan and Profited off It
Authorities in Israel are currently investigating unusual trading activities that occurred just days before the October 7 Hamas attack.
Israel-Hamas War Leaves Airlines Struggling With Major Slow Down in Bookings
Airlines are grappling with a significant decline in bookings following the conflict between Israel and Hamas as people cancel trips to the Middle East and nearby countries.
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