Politics03:02 · 37m ago

Israeli Minister Questioned Over Potential Media Deal Influence

TheMarker
Translated & summarized from TheMarker by baba
The story · English

Communications Minister Shlomo Karhi reportedly inquired about advertising opportunities on Channel 14 shortly before a decision was made regarding the acquisition of HOT Mobile. The article does not specify the nature of the inquiry or the context in which it was made, only that it occurred prior to the finalization of the mobile carrier's purchase.

The report highlights several other business and financial news items. Wall Street closed positively, with the Nasdaq Composite gaining 0.5%. Nova announced a share buyback program valued at approximately $200 million. Melisron CEO Ofir Sarid is taking a medical leave, with the CFO stepping in as interim replacement. Teva Pharmaceuticals reported positive results from a clinical trial for its celiac disease treatment, though its stock price declined. Investment opportunities in Poland's stock market are discussed, alongside a guide for Israeli investors on the S&P 500 index and an explanation of index fund operations for the banking sector.

Additional financial news includes a report on six record highs for the dollar-shekel exchange rate over the last 30 years. A rare apartment facing the Western Wall in Jerusalem is listed for sale at 50 million shekels. Singer Omer Adam's guests included a Haredi businessman and a president suspected of receiving millions from him. In real estate, 38 apartment buyers in Netanya are suing, claiming they were promised they wouldn't need to complete their deals. A critical perspective on the education system suggests that advanced math and computer science studies are a "waste of time" if fundamental learning is lacking. Finally, the article notes that 99% of Israelis use a particular app, and its blocking caused significant disruption to their lives.

Read the original at TheMarker
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