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.
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.
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.
Ido Samuel, a former fraud convict, is accused of resuming private money management without a license and causing fresh losses. One client says he lost about $129,000, while Samuel says he has stopped managing money for others and will only trade for himself.
Meitav has widened its lead in Israel’s long-term savings market after attracting record inflows, while Mor overtook Altshuler Shaham for second place. Altshuler Shaham, Yelin Lapidot, and Analyst all posted notable outflows, while Harel continued to gain assets.
Zynga executive Ron Libend says AI is already boosting efficiency in gaming, but has not yet created a true gameplay breakthrough. He says the technology is useful for prototyping, targeted marketing and rapid iteration, while social features remain a key source of value that AI cannot replace.
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.
A fierce fight is unfolding in Israel over El Al loyalists as Cal’s new FlyAll card challenges Isracard’s Fly Card. The dispute has led to aggressive marketing, customer confusion, and legal accusations between El Al and Cal.
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.
Gideon Saar congratulated Abelardo De la Espriella, the apparent winner of Colombia’s presidential election, before final results were announced. Saar said he wants to restore Israel-Colombia ties and invited the president-elect to visit Israel and Jerusalem soon.
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.
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.
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.
AI-based car insurance is cutting premiums for safe drivers in several markets, especially through behavioral scoring and software-rich vehicles. Israel has not fully adopted the model yet, despite no formal regulatory ban according to the finance watchdog.
U.S. Southern Command said it struck a vessel in the Caribbean Sea operated by designated terrorist organizations. Two people were killed, and the military called them “narco-terrorists.”
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.
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.
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.
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.
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.
An explosion at a plant in Ras Laffan, Qatar, injured at least 54 people and left 14 missing. Qatari officials initially said it was caused by a technical incident and that no hazardous leak was reported.
Helio Varela of Maccabi Tel Aviv scored Cape Verde's equalizer in a 2-2 World Cup draw with Uruguay. The goal was his first for Cape Verde and made him the first non-Israeli player from Israel's league to score at a World Cup.
Ivan Spada says Colombia’s presidential election results are not final and plans to appeal. He is trailing right-wing candidate Abelardo de la Asperya by about 250,000 votes, pending the full count.
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.
Yair Golan said a government he serves in would stop funding the Alei pre-military academy and similar institutions. The exchange followed a Smotrich video imagining Golan as defense minister under Gadi Eisenkot and drew strong backlash from Religious Zionism figures.
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.
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.
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.
Belgium drew 0-0 with Iran at the 2026 World Cup, again struggling badly in attack despite 23 shots. A disallowed Mehdi Taremi goal, VAR drama, and criticism of Kevin De Bruyne and Romelu Lukaku defined the match.
Netflix has released "My Name Is Frankelda," a 103-minute Mexican stop-motion fantasy prequel in Spanish. The film follows a young would-be horror writer and a nightmare prince, and the review praises its visuals and ideas while warning it may be too intense for younger children.
Belgium and Iran drew 0-0 at the World Cup on Sunday, with Alireza Beiranvand starring for Iran. A disallowed Mehdi Taremi goal and Nathan Ngoy’s red card were key moments, and qualification will be decided in the final round.
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.
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.
Georgia teacher Maris Nichols is under investigation over alleged sexual misconduct involving six students at Alexander High School in Douglasville. Police are also examining claims that students tried to blackmail her after learning she ran a secret OnlyFans account.
A man asked online why his T-shirts kept developing small holes near the waist. The article says the most likely cause is friction from a jeans button against hard surfaces, and offers simple ways to prevent it.
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.
Scientists discovered a new walking shark species in Milne Bay, Papua New Guinea, and confirmed it through genetic testing in Australia. The species, named Hemiscyllium deyhdjoni, may be confined to a small area and could already face conservation risk.
Israel’s men’s volleyball team beat Kosovo 3-1 to reach the European League Final Four and qualify for EuroVolley 2028. The women’s team closed its European campaign with a 3-0 loss to Switzerland.
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.
Belgium lost Nathan N'Goyi to a straight red in the 66th minute at the 2026 World Cup. That made it eight reds in the tournament, equal to the total from the 2018 and 2022 World Cups combined.
Maccabi Tel Aviv's Helio Varela makes history with Cape Verde at the World Cup
Center
Translated & summarized from Mako by baba
The story · English
Helio Varela, a midfielder for Maccabi Tel Aviv, helped Cape Verde earn a remarkable 2-2 draw against Uruguay and drew international attention in the process. His goal was described as a superb strike and made him the first foreign player in the Israeli Premier League to score at a World Cup.
The result was widely noted abroad. Spanish newspaper AS wrote that
