New Sanctions Threaten Israeli Banks and Retail Chains

Israel may face a new round of international sanctions targeting its financial institutions and major retail networks, according to Israel's Channel 12. British sources suggest these restrictions could intensify following a decision by Foreign Minister Gideon Saar to close the British consulate in Jerusalem. Israeli banks could be specifically targeted if they are found to be supporting the construction and development of settlements in Judea and Samaria. Potential measures include limitations on mortgage lending for properties outside the "green line," which could significantly impact the Israeli economy. Diplomats from several European nations have indicated that boycotts of settlement products are being implemented at the national level by countries such as Canada, France, and the United Kingdom. However, Sweden, Denmark, and Finland are reportedly awaiting a unified European decision before taking unilateral action. The article also mentions unrelated news items about a Haifa court ruling on railway electrification, food parcel distribution before Rosh Hashanah, potential losses from not supporting electric vehicles, the European Parliament's digital euro initiative, Elbit Systems' US rebranding, repairs at the Tomb of the Patriarchs, a US import ban on Canadian goods, and the start of industrial tuna farming in Israel.