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Economy·40s ago

AI Is More Tortoise Than Hare, Says Ken Fisher

Ken Fisher says the AI boom is real but overhyped, and argues it will change work gradually rather than cause mass job destruction. He points to layoffs, data center growth in Israel, and infrastructure limits, while saying AI’s main impact will be to augment jobs, not eliminate them.

Calcalist
Weather·3m ago

Slight Cooldown Today, Then Temperatures Rise Midweek

Monday will be partly cloudy to clear with a slight temperature drop, especially inland and in the mountains. No major change is expected on Tuesday, and temperatures are set to rise on Wednesday. Forecast highs range from 17-27 in Jerusalem to 25-37 in Eilat.

Walla·+3 outlets · 50% center
Economy·6m ago

Knesset Push to Grant Beer Sheva Tax Break Draws Cost and Fairness Criticism

Knesset lawmakers are advancing a Beer Sheva tax break that would cost about 600 million shekels a year, though the committee review was delayed. The article says the plan is part of a broader pattern of city-specific tax incentives that experts and the Finance Ministry say are costly, unfair, and ineffective.

Calcalist·+2 outlets · 100% center
Economy·6m ago

Azorim and Egged Real Estate to Build 117-Unit Mixed-Use Project in Beit Shemesh

Azorim Real Estate and Egged Real Estate signed a deal to build a mixed residential and commercial project in eastern Beit Shemesh for about 300 million shekels, excluding land. The development, on an Egged-owned transport site, will include 117 apartments, retail space, public areas and an underground electric-bus depot.

Calcalist
Economy·10m ago

Amdocs Shares Sink to Six-Year Low as AI and Slow Growth Weigh on Investors

Amdocs shares fell sharply last week, extending a decline that has pushed the stock near a six-year low and cut its market value to $5.5 billion. Investors are worried about slower growth, AI disruption and recent leadership changes, even though the company is still profitable, buying back stock and paying dividends.

Globes·+1 outlet
Economy·11m ago

Israeli Banks Race to Meet 3 Billion Shekel Relief Commitment

Israel’s biggest banks have already distributed about 1.9 billion shekel under a voluntary three-year relief plan tied to their high profits. Bank Leumi is accelerating bonuses, while other banks are offering mortgage, overdraft, deposit and fee concessions, though some campaigns are also seen as marketing.

Globes
Economy·11m ago

Rami Levy enters the car business with low-cost Chinese models

Rami Levy Stock has started selling new cars, beginning with Chinese models from Dahleum Motors at its Pardes Hanna branch. The first offer is the BAIC EU5 electric sedan for 99,999 shekels, and the company says more than 200 deposits were taken on the first day.

Globes
Economy·11m ago

State Companies Authority Pushes Three Mergers to Cut Duplication and Costs

Israel’s State Companies Authority is promoting mergers across real estate, defense and transportation to cut duplication and save public money. The plan would combine Yarum with Dira Lehaschir, Elta with Israel Aerospace Industries, and possibly Hotsa Israel with Netivei Ayalon. Officials say the changes could streamline operations, eliminate some political appointments and save tens of millions of shekels a year.

Globes
Economy·14m ago

Israeli tech layoffs deepen as AI and a weak dollar squeeze companies

Israel’s tech sector is facing a deepening layoff wave, with nearly 6,000 jobs cut in May and about 8,500 since January. Executives and officials say weak dollar exchange rates, AI adoption and post-pandemic restructuring are driving the cuts, but many workers are finding new jobs quickly.

Globes
World·51m ago

Araghchi Says First Real Test Is Lebanon De-escalation Mechanism

Iranian Foreign Minister Abbas Araghchi said after U.S. talks in Switzerland that the first real test is the Lebanon de-escalation mechanism announced by Pakistan and Qatar. He said mediation had advanced efforts to end the war in Lebanon and that the understandings also cover Iranian oil and petrochemical exports, frozen assets, and reconstruction plans.

Ynet
World·1h ago

Mediators announce Lebanon de-confliction mechanism after 18-hour U.S.-Iran talks

Qatar and Pakistan said the first 18 hours of U.S.-Iran talks in Switzerland produced an agreement to set up a Lebanon de-confliction mechanism. The mediators also said technical talks will continue this week, with a high-level oversight committee and a goal of a final deal within 60 days.

Ynet·+2 outlets · 100% center
Sports·1h ago

Cape Verde Run Could Boost Maccabi Tel Aviv’s World Cup Payout

Helio Varela’s goal for Cape Verde against Uruguay could increase Maccabi Tel Aviv’s World Cup compensation. The club earns $7,300 per day for Varela’s tournament participation, with the total already at $160,600 and potentially rising to $226,300 if Cape Verde advances.

Mako·+1 outlet · 100% center
World·1h ago

US and Iran Talks Make Progress After 18-Hour Round in Switzerland

Qatar and Pakistan said US-Iran talks in Switzerland made encouraging progress and produced a plan for continuing technical negotiations. The sides agreed on a supreme committee, a direct communication line, and a 60-day roadmap toward a final deal.

Walla·+4 outlets · 80% center
Sports·3h ago

Lamine Yamal Makes History as Spain Crush Saudi Arabia

Spain beat Saudi Arabia 4-0 at the World Cup as 18-year-old Lamine Yamal scored in his first tournament start. Yamal set multiple age records, while Mikel Oyarzabal scored twice and assisted Spain’s first goal.

Ynet·+3 outlets · 100% center
Sports·4h ago

From the Street to the World Cup: Meet Cape Verde’s Breakout Star

A Sport5 feature published on June 22, 2026, tells the backstory of Cape Verde’s World Cup striker. It says he was spotted on a New York street, later rejected by Benfica, and went through a spell under Ivic before rising to prominence.

N12·+1 outlet · 100% center
Politics·4h ago

Trump lashes out at New York Times over doubts about Iran campaign

Donald Trump responded angrily to a New York Times report questioning progress in the war with Iran. He insisted Iran’s military and leadership have been devastated, while also claiming the Strait of Hormuz remains open and the U.S. economy is strong. The article says the post reflects mounting pressure on Trump to defend his narrative of victory.

Now 14
World·5h ago

Graham Tells Lebanon U.S. Help Is Coming as Trump Raises Pressure on Iran

Senator Lindsey Graham told Lebanese civilians that U.S. help is coming and Hezbollah's reign of fear is nearing its end. His remarks came as Donald Trump escalated pressure on Iran over talks in Switzerland, while Arab media reported the Iranian delegation walked out of negotiations.

Now 14
Security·5h ago

Unit 636 Kills Two Militiamen After Firebomb Attack Near Carmei Tzur

Unit 636 killed two attackers and neutralized a third near Carmei Tzur after they set tires on fire and hurled firebombs at the community. No Israeli troops were hurt, and searches and firefighting are continuing.

Kikar HaShabbat·+2 outlets · 67% right-leaning
Health·5h ago

26-Year-Old Revived After Collapsing in Jerusalem Synagogue

A 26-year-old man collapsed in a Jerusalem synagogue and was revived by United Hatzalah medics using CPR and a defibrillator. He was evacuated to hospital in serious but stable condition.

Kikar HaShabbat·+1 outlet · 100% right-leaning
Sports·5h ago

A satirical Bosnian song becomes an unexpected World Cup anthem

Dubioza Kolektiv’s 2011 satirical song “USA” has become an unexpected Bosnia and Herzegovina football anthem during the World Cup. After the team’s playoff win over Italy, the band rewrote the lyrics and released a new Sarajevo video that has drawn millions of views.

Walla
World·6h ago

'Living Nostradamus' Warns the Next Global Power Struggle Will Be in Space

Athos Salome, the Brazilian mystic dubbed the Living Nostradamus, says the next struggle for global power will be decided in space. He also warns that quantum computing could force a complete overhaul of digital security. The article says his predictions blend genuine technological risks with vague, sometimes inaccurate forecasting.

Walla
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Original
Politics19:31 · 7h ago

Bnei Brak-style welcome in Beitar Illit marks release of ultra-Orthodox draft evaders

Center
Translated & summarized from Ynet by baba
The story · English

On Sunday evening in Beitar Illit, a parade was held for ultra-Orthodox yeshiva students released from military prison after being arrested for failing to report for service. The event, which took place as thousands were accompanying IDF dead who fell in Lebanon to burial, featured a sound truck, a band, residents and children.

An announcement beforehand described it as a “welcome ceremony for prisoners of the Torah world” and said it was meant to honor city residents who had “sanctified God’s name” by serving time in military prison for studying Torah and acting as “our emissaries” in the struggle to preserve the Torah world. Children were asked to come in Shabbat clothes, join the procession, wave flags prepared for the occasion, and receive sweets.

Video from the scene showed the released young men being carried on people’s shoulders while the crowd, including many children, clapped. The parade ended with rabbinic blessings. The report says the turnout showed the gathering was not limited to a small group of “extremist” Haredim, but included large numbers from across the ultra-Orthodox public.

Similar receptions were held in recent days outside Prison 10, near Kfar Yona. On Friday, Aviel Cohen from Netivot was welcomed by cheering youths, and later Nachman Toldano, a Jerusalem Breslov yeshiva student, was filmed dancing with friends before heading to the home of community leader Rabbi Eliezer Berland. Amid a rise in arrests of ultra-Orthodox youths for nonattendance, Prison 10 and nearby Kfar Yona have become a protest hub. Over the weekend, prayer and selichot were held there with Rabbi Yehuda Cohen of Shas’s Council of Torah Sages, whose student had been detained; when it became clear he would be released, the crowd danced, joined by Shas lawmakers. The night before, a separate rally was held there by Gur Hasidim. During the protests, some youths blocked roads and clashed with police, shouting insults such as “scoundrels,” “die today,” and “instead of doing this, release the hostages.”

Read the original at Ynet