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Globes
Hebrew business daily covering markets, companies and the economy. We translate its reports into English and compare them with 43 other newsrooms.
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Language and baseHebrew · Rishon LeZionFounded 1983
The last 30 days
833reports translated
75%first to report
140 mintypical time behind the first report
100%carry a named author
0%opinion and analysis
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How Globes writes
Globes's tone this month is neutral. On the United States, Netanyahu, the Bank of Israel, the police and the Knesset its wording is in step with the other newsrooms.
From 794 reports this month, judged without the newsroom's name. How this is measuredOnly Globes had it
European Aviation Grapples With Bomb Threats Amid Security WeaknessesSecurity · 1h agoIsrael's Shared Taxi Service Collapses Amid Failed ReformSecurity · 4h agoSamsung's Galaxy Tab S12 Ultra: A Powerful Tablet That Questions Its Own ValueTech · 4h agoBig stories Globes skipped
Israel Strikes Hamas Commander at Gaza Hospital, Cites Hostage DetentionCovered by 21 newsroomsIsrael's Attorney General Ordered to Appear in Netanyahu TrialCovered by 20 newsroomsPresident Herzog Mediated Early Talks for Netanyahu-Eisenkot Security MeetingCovered by 17 newsroomsLatest from Globes
Security · 1h agoEuropean Aviation Grapples With Bomb Threats Amid Security WeaknessesDozens of European flights have been disrupted by anonymous bomb threats, leading to unscheduled landings and fighter jet escorts, though no explosives have been found. Experts like Eitan Ben-David suggest these incidents expose potential weaknesses in European aviation security compared to stricter Israeli protocols. Speculation on the perpetrators includes state actors like Russia or Iran, as well as copycat individuals, with significant financial costs incurred from the disruptions.Security · 4h agoIsrael's Shared Taxi Service Collapses Amid Failed ReformShared taxis, once a common sight in Israel's urban centers, have nearly vanished due to a failed government reform. A 2024 report shows a 93% decline in their numbers between 2017 and 2023. The reform, launched in 2018 with the goal of increasing shared taxis to 2,500, instead led to operational and financial difficulties for providers. Critics blame the tender system for prioritizing low prices over sustainable operations, leading to significant losses for remaining operators and a reduction in public transport flexibility.Security · 9h agoMossad Chief Traveled to US Unbeknownst to Key Israeli OfficialMossad Chief Roman Gofman traveled to the United States without informing Gadi Eisenkot, the Chairman of Yisrael Beiteinu. Eisenkot had met with Prime Minister Benjamin Netanyahu for a security briefing just before Gofman's departure. The article does not specify the reason for Gofman's trip or the details of the security meeting.Security · 9h agoIsrael's Emergency Protocol for Hijacked Planes DetailedIsrael has a detailed emergency protocol, "Code 7500," for hijacked aircraft, involving immediate fighter jet scrambles and complex decision-making processes. Enhanced security measures were implemented after 9/11, and current threats are taken seriously despite many being false alarms. The protocol emphasizes rapid response due to the short time available, with the ultimate fear being the accidental downing of a civilian airliner.Security · 1d agoIsraeli Supreme Court Orders Cyber Firm Founder to Pay $4.7 Million for FraudIsrael's Supreme Court has ordered Tsiki Korland Fox, founder of the cyber company Bio-Nexus, to pay 17.3 million shekels to Czech investment firm Springtide Ventures for fraud. The court found Fox misrepresented Bio-Nexus's financial status, leading Springtide to invest millions based on fictitious reports. The ruling also established a precedent regarding third-party liability in breaches of trust and clarified conditions for mitigating damages. Fox was also ordered to pay 35,000 shekels in legal costs.Security · 1d ago · also in 9 newsroomsElection Influence Probe Lacks Substantive Evidence, Says Top JudgeSupreme Court Justice Noam Sohlberg, head of the Central Elections Committee, stated that the probe into election influence suspicions currently lacks substantial evidence. He criticized leaks from the investigation, calling them damaging. Sohlberg confirmed ongoing cooperation between the Shin Bet, police, and legal counsel, despite earlier reports of refusal. The Attorney General also clarified that investigations require evidentiary justification.Security · 1d agoWolt CEO Responds to Safety Complaints, Vows to Remove ViolatorsWolt Israel CEO Tomer Cohen addressed a complaint from the National Road Safety Authority (RSA) regarding courier traffic violations. The RSA requested an investigation and closure of Wolt's operations, citing persistent safety issues and lack of a proper action plan. Cohen stated Wolt dismisses dozens of couriers monthly for offenses and is using AI to identify problematic couriers, while also accusing the RSA of a PR campaign.Security · 2d ago · also in 4 newsroomsIsrael Court Orders Defamation Defendants to Pay Raviv Drucker Additional NIS 60,000An Israeli court has ordered Yaakov Bardugo, Noam Fathi, Yotam Zimri, and two radio stations to pay journalist Raviv Drucker an additional NIS 60,000 in defamation damages, bringing the total to NIS 285,000. The ruling stems from broadcasts accusing Drucker of extortion related to Beni Gantz. The court rejected appeals from the defendants and partially accepted Drucker's cross-appeal for higher compensation. Bardugo and the radio stations were found liable for attributing extortion to Drucker, while Fathi and Zimri were also found to have defamed him.Security · 2d agoBank Leumi CEO Calls for High Costs for Frivolous LawsuitsHanan Friedman, CEO of Bank Leumi, called for high costs to be imposed on those filing frivolous lawsuits, following a court's rejection of a representative suit against Shufersal and McDonald's. The court ruled that sending digital invoices with limited promotional content does not necessarily violate the "Spam Law." The judge dismissed the case, citing that other regulatory mechanisms exist and the representative lawsuit tool is not needed for deterrence, ordering the plaintiff to pay NIS 30,000 in costs.Security · 2d agoUS States Threaten Netherlands Over Settlement BoycottThirteen U.S. states are threatening the Netherlands with trade repercussions if it does not end its boycott on goods from Israeli settlements. The warning comes as new details emerge about an Iranian terror plot in the UK, allegedly directed from a U.S. jail cell. In other news, Turkish President Recep Tayyip Erdogan accused Israel of "ecocide" in Gaza, an accusation Israel's Foreign Ministry called a "false international campaign."Security · 2d ago · also in 9 newsroomsElbit Systems Secures $260 Million NATO Deal for Artillery SystemsElbit Systems has won a $260 million contract to supply advanced PULS rocket artillery systems and ammunition to a European NATO country. The deal, to be executed over five years, adds to a series of recent major international and domestic contracts for the Israeli defense firm. These include deals worth $235 million with Azerbaijan and $200 million with an Asia-Pacific nation, as well as a $170 million contract with the Israeli Ministry of Defense for an artillery training center.Security · 2d ago · also in 3 newsroomsIDF Launches Internal War Strategy Review Amidst Ongoing OperationsThe IDF has begun an internal review of its war operations, with over ten teams led by major generals tasked to present findings within four months. Yisrael Beiteinu chairman Gadi Eisenkot urged Prime Minister Netanyahu to show restraint on potential Iran actions and requested a security briefing. Eisenkot also asked the Attorney General to review interim government's security decision-making powers. Separately, Saudi Arabia intercepted missiles, and the Houthis claimed an airport attack.Security · 2d ago · also in 4 newsroomsBusinessman Convicted of Fraud for Stealing NIS 1 Million from Fellow InmateBusinessman Nissim Djaladti was convicted of aggravated fraud for taking NIS 1 million from a fellow inmate, Boaz Edri, under the guise of a stock investment. Djaladti used the funds for personal expenses, including a court deposit, and never transferred the promised shares. The Tel Aviv District Court also convicted him and an associate, Israel Meged, of related offenses including forgery and money laundering. Djaladti was acquitted of some charges, but the court emphasized the exploitation of trust as an aggravating factor in the fraud.Security · 2d ago · also in 1 newsroomIsraeli Court Rules Limited Ads on Digital Invoices Don't Violate Spam LawAn Israeli court ruled that sending digital invoices with limited advertising does not violate the "spam law." The Central District Court in Lod dismissed a class-action suit against Shufersal Group, stating that promotional content on an invoice is permissible if it's secondary to the service information and the customer agreed to digital invoices. This precedent impacts retail and service companies using digital billing.Security · 3d agoIsrael's Climate Preparedness Hampered by Budget and Staffing ShortfallsIsrael's preparedness for climate change impacts is significantly hindered by understaffing and underfunding, as revealed by a State Comptroller report. A national directorate operates with minimal staff and budget, while only three government ministries have submitted viable preparedness plans. The country has already experienced significant climate-related damages, including excess mortality from heatwaves and record payouts to farmers for extreme weather. Urban infrastructure like drainage systems is outdated, and local authorities struggle with funding and personnel shortages for necessary upgrades.Security · 3d ago · also in 2 newsroomsIsrael Approves Three Gas Power Plants and Two Solar FarmsThe Israeli government has approved three new gas-powered electricity plants and two large solar farms to meet rising energy demands driven by AI, population growth, and electric vehicles. The projects will undergo expedited planning, with the power plants expected online by the early 2030s. Environmental Protection Minister Idit Silman opposed one of the gas plant approvals.Security · 3d agoHaifa Port Workers Declare Labor Dispute Amid Safety and Condition ConcernsApproximately 700 workers at Haifa Port have declared a labor dispute due to deteriorating working conditions and safety concerns. The Transport and Sea Ports Workers Union cited issues including poor sanitation, inadequate equipment maintenance, and the hiring of contract workers. The dispute follows the port's privatization in 2023 and the subsequent takeover by the Adani-Gadani partnership.Security · 3d ago · also in 5 newsroomsMassive Cigarette Smuggling Ring Busted at Ashdod PortIsraeli police and customs officials arrested additional suspects in a major cigarette smuggling case at the Port of Ashdod. The foiled operation involved eight containers of cigarettes worth approximately 200 million shekels, falsely declared as wheat flour. The investigation is ongoing, with further arrests expected.Security · 3d ago · also in 7 newsroomsRamon Airport Flights Halted After Eilat EarthquakeRamon Airport halted flights after a 4.5 magnitude earthquake struck the Gulf of Eilat, causing tremors felt in Israel. The Israel Airports Authority is conducting safety checks on airport infrastructure. No injuries have been reported, but damage to runways is a concern, potentially grounding flights for hours. An Arkia flight was rerouted pending landing clearance.Security · 3d ago · also in 1 newsroomApax Israel Accuses Ex-Executive of Stealing Trade Secrets in Vet Clinic DealApax Israel has accused former executive Erez Nachum of stealing trade secrets to acquire a controlling stake in the veterinary clinic chain "Haverim." The accusation comes amid a bitter legal battle between Nachum and Apax head Zehava Kohen, who Nachum is suing for alleged harassment. Nachum's new fund, Leox, partnered with The Phoenix to acquire "Haverim" for 240 million shekels. Nachum's team denies the claims, calling them "absurd" and part of a personal vendetta.Security · 4d agoCaesarstone Faces $67 Million Lawsuit Amidst Financial StrugglesCaesarstone has postponed its third-quarter earnings report due to legal proceedings, including a recent $67.3 million jury award against the company. The manufacturer of kitchen and bathroom surfaces faces hundreds of lawsuits alleging health issues for installers due to silica dust exposure. Despite a recent stock rally, the company's market value is down 98% from its peak. CEO Yossi Shiran is leading a restructuring effort that includes factory closures and layoffs.Security · 4d agoEisenkot Faces First US Test on Gaza; Morocco Views His RiseGadi Eisenkot, tasked with forming Israel's government, faces US pressure for immediate decisions on Gaza, including aid and an international force, potentially alienating coalition partners. His potential premiership is also drawing attention in Morocco, with analysts discussing his heritage and military background. Meanwhile, Northwestern University is investigating alleged discrimination against pro-Israel students after a campus event was canceled.Security · 4d agoPrivacy Authority Intensifies Enforcement Under New LawIsrael's Privacy Protection Authority has initiated 178 proceedings and imposed over NIS 500,000 in fines since Amendment 13 to the Privacy Protection Law took effect in August 2025. The authority is actively investigating security incidents, data leaks, and notification violations across various sectors, including finance, healthcare, and local government. Legal experts emphasize that the amendment has transformed privacy compliance into a significant risk requiring senior management attention and ongoing managerial responsibility.Security · 4d ago · also in 21 newsroomsFlydubai Passengers Recognized as Victims of Hostile Acts, Eligible for CompensationPassengers on a Flydubai flight have been officially recognized as victims of hostile acts by Israel's Ministry of Defense and National Insurance. This collective recognition means individuals can now file claims for disability assessments and compensation. Compensation amounts and types, including one-time payments and lifelong pensions, depend on the assessed disability percentage, with benefits comparable to those for IDF disabled veterans.Security · 5d agoChinese Espionage Tactic Linked to Nvidia CEO's AffairNvidia CEO Jensen Huang is under investigation following allegations that his affair with Alice Huang, suspected of being a Chinese spy, may have led to sensitive company information being leaked to Beijing. The alleged espionage is seen as part of China's strategy to gain technological advantages. In response to such concerns, the IDF will ban Chinese vehicles from its bases starting in 2025.Security · 5d ago · also in 7 newsroomsFrance Accuses Israel of Spreading Fake News on RiotsFrance's Foreign Ministry has accused Israeli social media accounts of spreading "fake news" and exaggerating the significance of recent riots in the country. The ministry's internal report indicated that Israeli-linked posts generated 35 million views during the riots' peak. French President Emmanuel Macron acknowledged foreign information manipulation without confirming direct intervention. Separately, Spain's Prime Minister previously accused Israeli networks of spreading false information related to a migrant surge.Security · 5d ago · also in 3 newsroomsUS Firm Murphy Replaces ENI in Israeli Gas Exploration VentureRatio Oil Exploration has partnered with US firm Murphy Oil for gas exploration in Israeli waters, replacing Italian company ENI which withdrew due to geopolitical concerns. The Ministry of Energy granted the license despite delays, with the companies now having up to 36 months for exploration and drilling. This move is seen as vital for Israel's energy security and market competition.Security · 5d ago · also in 11 newsroomsMassive Israeli Police Operation Nabs 50 Suspects in Nationwide Extortion RingIsraeli police arrested 50 suspects in a nationwide operation targeting an extortion ring that posed as security providers. The 10-month investigation culminated in the arrests of individuals who allegedly extorted tens of thousands of shekels from contractors by creating threats and then offering fake protection. The suspects will face remand extension hearings in Haifa.Security · 5d agoBazan Refinery's Gadiv Plant Shut for 17 Days Amid Benzene Emission ConcernsThe Gadiv plant at Israel's Bazan refinery in Haifa has been shut for 17 days due to abnormal benzene emissions during maintenance, causing tens of millions of shekels in damage. This follows an earlier shutdown in October that led to school evacuations. The prolonged closure is costing Bazan millions daily, with losses estimated between 55 and 76 million shekels. The plant is expected to present a new plan to resume work soon.Security · 5d ago · also in 1 newsroomUS-Iran Talks, Hamas Winter Campaign, and Gaza Aid Demands HighlightedU.S. President Donald Trump will meet with Qatar's Prime Minister to discuss U.S.-Iran negotiations, with Trump stating he doesn't see a reason to escalate the conflict. Israeli security forces are monitoring Hamas's "winter campaign" to pressure Israel internationally. Around 50 countries are expected to release a joint statement demanding humanitarian improvements in Gaza, which Israel's UN Ambassador criticized.Security · 5d ago · also in 1 newsroomMassive Tax Evasion and Money Laundering Charges Proposed in "Prita" CaseA draft indictment in the "Prita" case proposes charges of tax offenses and money laundering exceeding 10 billion shekels against 11 suspects and four companies. This would be the largest sum ever in a single indictment if filed. The investigation by Lahav 433 and the Tax Authority uncovered an illegal network suspected of laundering hundreds of millions of shekels. Key suspects Ramadan Abu Jaber and Marwan Abu Zayed allegedly operated illicit financial services, with laundered amounts attributed to them reaching billions of shekels.Security · 5d ago · also in 13 newsroomsIsrael's Attorney General Finds No Evidence of Election Outcome InfluenceAttorney General Gali Baharav-Miara stated there is no evidence to suggest foreign interference could alter election results, despite a Shin Bet investigation. She confirmed that criminal offenses related to election integrity are being investigated professionally and impartially. Deputy Supreme Court President Noam Sohlberg also addressed concerns, calling attempts to discredit the election results a "real danger" to democracy.Security · 6d agoFormer Bank of Israel Deputy Governor Criticizes Netanyahu's Crypto Sanctions IdeaFormer Bank of Israel Deputy Governor Nadine Baudot-Trajtenberg criticized Prime Minister Benjamin Netanyahu's idea of using cryptocurrency to bypass sanctions, calling it "miserable" and associating it with illicit activities. She warned of potential international boycotts against Israel due to its handling of the conflict, urging internal political change. While some market participants noted that defense companies still receive orders despite boycott threats, the risk is considered in investment decisions. Both speakers acknowledged market volatility and discussed economic challenges, with Baudot-Trajtenberg expressing optimism about Israel's resilience.Security · 6d agoIsrael Land Authority Reports Contamination in Tel Aviv's Sde Dov AreaThe Israel Land Authority informed the court that one of four tested private lots in Tel Aviv's Sde Dov district, lot 2210, showed contamination from PFAS chemicals. The contamination, likely from firefighting foam used at the former airport, exceeds safe levels for direct soil contact. Approximately 1,700 rights holders are awaiting lot allocation, which was postponed due to contamination concerns, with a new lottery date pending further test results.Security · 6d agoSleis Scandal: Police Investigation Stalled, Thousands Await Lost SavingsThe Sleis financial scandal, involving the loss of approximately NIS 1 billion for 7,500 savers, remains largely unresolved with a stalled police investigation. Despite evidence of illegal activities and a court-appointed trustee tracing funds, criminal probes have yielded little progress, and initial complaints have been closed. A recent court-approved settlement plan will distribute NIS 170 million, prioritizing a small group of savers, while the majority face further delays. The Supreme Court has also intervened, ordering the Finance Minister to provide updates on interim solutions for the victims.Security · 6d agoIsraeli Firm CodeValue to Lead Security Design for New Vietnam AirportIsraeli technology firm CodeValue will lead the physical security design for Vietnam's new Gia Binh International Airport, a project estimated at $7.5 billion. In other defense news, Rafael's German subsidiary won an 84.5 million euro contract to supply anti-tank missiles to Finland. Separately, the UK aims to increase its defense spending to 3% of GDP by 2030.Security · 6d ago · also in 2 newsroomsIsrael's Drainage Infrastructure Neglect Leads to Severe Flooding Amid Heavy RainsSevere flooding occurred across Israel due to heavy weekend rains, isolating communities and closing roads, highlighting years of government neglect in upgrading drainage infrastructure. Despite awareness of the problem, national strategy development and local authority initiatives have been slow. Past incidents include multiple flood-related fatalities and significant damage, with recent reports from the State Comptroller detailing ongoing issues with funding, planning, and enforcement for drainage projects.Security · 8d ago · also in 16 newsroomsTwo Israelis Charged in $129 Million Global AI Fraud SchemeTwo Israeli nationals, Sharon Hazan and Guy Shitrit, along with Jacob Suele, are accused in the U.S. of a $129 million international fraud scheme using AI to impersonate executives. The defendants allegedly tricked employees into making urgent wire transfers for fake secret deals. Arrested in Spain and the UK, the U.S. is seeking their extradition, illustrating a new AI-driven threat to corporations.Security · 8d agoKey Figure in Gibuy Collapse Extradited to Israel, Over $50 Million Still MissingEyal Rosen, a key figure in the 2022 collapse of the non-bank credit company Gibuy, has been extradited to Israel from Portugal to face charges including theft and fraud. The company's downfall resulted in the loss of hundreds of millions of shekels, with over 200 million shekels still unaccounted for. Recovering the remaining funds is challenging due to the nature of the debtors, and lawsuits are ongoing against former stakeholders.Security · 9d agoElbit Systems Secures $1.1 Billion in Deals Amid Global Defense Spending SurgeElbit Systems has signed four new defense contracts worth approximately $1.1 billion in the last two months, spanning Israel, Asia-Pacific, and Europe. These deals include a major NIS 600 million training facility for the Israeli Artillery Corps and international agreements for advanced targeting and rocket systems. The company's strong performance contrasts with a significant government debt to defense firms and is reflected in its stock market gains.Security · 10d ago · also in 1 newsroomShin Bet Investigates MK Ayman Odeh for Alleged Foreign FundingShin Bet is investigating Member of Knesset Ayman Odeh for allegedly receiving funds from a foreign entity as part of a probe into election interference. The investigation has sparked a public dispute between Shin Bet head David Zini and Attorney General Gali Baharav-Miara over investigative methods and evidence. President Isaac Herzog expressed confidence in the Shin Bet's investigation while cautioning against broad accusations against any community.Security · 10d ago · also in 1 newsroomRami Levy Testifies in Trial Against Rival Eyal RavidRami Levy testified in the trial of competitor Eyal Ravid, owner of Victory, who is accused of price-fixing and influencing retailer prices. The Competition Authority alleges Ravid used public statements and recordings as evidence to signal competitors to raise prices. Ravid is also charged under a novel clause of the Food Law for interfering with suppliers and competitors' pricing. The trial also includes executives from Yohanannof and Super Barkat, with Ravid and others presumed innocent.Security · 10d ago · also in 10 newsroomsShin Bet Chief Seeks to Investigate Arab Party Leaders for Election InterferenceShin Bet chief David Zinai is seeking to investigate four senior Arab politicians for suspected foreign election interference. Attorney General Gali Baharav-Miara has requested evidence before approving investigations, while Justice Noam Sohlberg authorized special surveillance tools for the Shin Bet. The Attorney General reportedly opposed Zinai's request, citing legality concerns, while Zinai accused her of obstruction. The politicians involved have denied wrongdoing.Security · 10d ago · also in 5 newsroomsUS Aid Cut to Israel Could Harm American InterestsPresident Donald Trump announced an immediate cancellation of U.S. military aid to Israel, a move that surprised the Israeli government and could impact American defense companies. The decision, made shortly before midterm elections, deviates from a long-standing bipartisan tradition of aid and a current ten-year agreement worth $38 billion. The aid, averaging around $3.8 billion annually, constitutes a significant portion of Israel's defense budget, and its loss will necessitate difficult fiscal adjustments. The move also signals potential shifts in U.S.-Israel relations and the political landscape in Washington.Security · 11d ago · also in 3 newsroomsTax Professionals Investigated for Millions in Undeclared IncomeTax Authority investigators are examining a tax advisor and an accountant suspected of not reporting millions of shekels in income for a major shareholder in a public company. The professionals allegedly helped conceal over 31 million shekels in dividends and owner withdrawals between 2021 and 2023. This resulted in an estimated loss of over 800,000 shekels in tax revenue for the state. The suspects were released under restrictive conditions, and their names are under a gag order.Security · 11d agoIsrael Weighs Ending War Risk Insurance for Ships Amid Regional TensionsIsrael is considering ending its state-backed war risk insurance for cargo ships, which expires November 30, amid rising regional tensions and attacks on vessels. The insurance has been crucial for maintaining shipping routes, especially after incidents like the sinking of the Contship Jet. Meanwhile, Egypt's Suez Canal revenue has plummeted due to Houthi blockades, and major shipping lines are cautiously returning to the Red Sea. Experts warn the end of state insurance could disrupt supply chains and increase costs for Israeli importers.Security · 12d agoEurope Gripped by Widespread Protests and Riots, Causing Billions in DamagesWidespread riots and protests have engulfed Europe for weeks, spreading to Germany, France, Italy, Albania, and Portugal, causing significant property damage and looting. In France alone, retailers face over one billion euros in losses, with fears of further disruption to the Christmas shopping season. While initial demands were economic and social, protests have escalated to include violence, with authorities blaming extremist groups for exploiting the unrest. Several countries are experiencing clashes, arrests, and significant police deployments as they attempt to manage the ongoing turmoil.Security · 13d agoIsrael Explores Low-Cost Cruise Missiles and Defense Systems AbroadIsrael is exploring the purchase of "low-cost" Anthem cruise missiles from US firm Coventor. Peru is considering acquiring IAI's Barak MX air defense system for its new frigates. Meanwhile, Canada is set to deploy Elbit Systems' Hermes 900 drones for Arctic surveillance missions. These developments highlight international interest in Israeli defense technology.Security · 13d ago · also in 4 newsroomsBinance Hack Could Impact Your Tax Liabilities, Experts WarnA massive cyberattack on Binance, resulting in over $6 billion in stolen cryptocurrency, has created significant tax concerns for investors worldwide. Experts advise meticulous documentation of all transactions and losses, cautioning against prematurely claiming tax deductions. The Israeli Tax Authority's stance is that a loss is only recognized when definitive, and compensation details must be fully understood before reporting. Proper reporting is crucial to potentially offset losses against capital gains and avoid future complications with tax authorities and banks.Security · 13d agoSpain Fears Moroccan Missile Attack Amid Israeli Arms DealsSpain has expressed concerns over Morocco potentially acquiring Israeli LORA ballistic missiles, prompting reassurances from Spanish Foreign Minister Josep Borrell regarding NATO's defense guarantees. Morocco is also pursuing other missile systems, including American and French options. In parallel, a U.S. defense contract worth $75 million was awarded to Long Wall, a startup with Israeli investment, for developing interceptor technology. European defense firm BAE Hägglunds is integrating Israeli Elbit Systems' Iron Fist active protection system into its new infantry fighting vehicles, underscoring ongoing reliance on Israeli defense technology.Security · 13d agoTrump and Netanyahu Discuss Iran Tensions Amidst Diplomatic ManeuversU.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu discussed Iran tensions on Saturday, with Trump expressing skepticism about negotiations. Iran's Mohsen Rezaei stated that the Strait of Hormuz will remain closed until Iran's seven conditions are met. In Israel, security forces demolished the homes of two terrorists in Hebron following a deadly encounter that claimed the lives of two soldiers.Security · 14d ago · also in 6 newsroomsIsrael Aerospace Industries Nears $906 Million Deal for Indian Air Force TankersIsrael Aerospace Industries (IAI) is close to finalizing a deal worth approximately $906 million to convert six Boeing 767 passenger jets into aerial refueling tankers for the Indian Air Force. The company's bid was the sole approved candidate in the tender, which also included Russian and European firms. This conversion project, which will see at least 30% of the work done in India, highlights IAI's expertise in aircraft modification and strengthens its position as a key defense supplier to India.Security · 15d agoUS Dollar Diplomacy Forced British Suez WithdrawalSeventy years after the Suez War, U.S. financial pressure forced Britain's withdrawal from Egypt. On December 3, 1956, Britain sought dollar aid to defend the pound sterling, which was rapidly depleting reserves. The U.S. conditioned financial assistance on a British troop withdrawal, announced the same day. The IMF approved a $1.3 billion package on December 10, stabilizing the pound and allowing Britain to save face.Security · 15d agoIran Fears Further Attacks Aimed at Regime OverthrowIran is on high alert for further attacks, especially after the U.S. midterm elections, fearing a joint Israeli-American offensive targeting its infrastructure to destabilize the regime. This heightened anxiety is fueled by U.S. warnings to regional countries and a perceived Israeli readiness for action. Meanwhile, U.S. Central Command's Admiral Brad Cooper briefed former President Trump on the maritime blockade and the conflict with Iran.Security · 15d ago · also in 2 newsroomsUS War Costs in Iran Surge 25% to $47 BillionThe cost of the U.S. military campaign against Iran has surged by over 25% in three months to $47 billion, primarily for ammunition and equipment replacement. This increase occurs amid sensitive U.S. midterm elections, with rising fuel prices impacting public support. In Ethiopia, the nation received advanced Russian fighter jets and air defense systems, enhancing its military capabilities. Meanwhile, a Hello Kitty collaboration was canceled due to controversy over a Japanese drama's depiction of Chinese agents, and a residential cruise ship in Cambodia was evacuated due to unsustainable fuel costs.Security · 16d ago · also in 8 newsroomsNew Security Rules Mandate 48-Hour Advance Crew Reporting for Flights to IsraelIsrael's National Center for Passenger Data Analysis (MALAN) has implemented new security rules requiring airlines to report flight crew details 48 hours before flights to Israel. This change follows an incident on a Flydubai flight where the co-pilot allegedly attempted to crash the plane. The new directive aims to enhance aviation security by allowing authorities more time to screen crew members, addressing a previous gap where crew lists were not proactively reviewed.Security · 16d ago · also in 9 newsroomsJerusalem Road 4 to Close Due to Haredi ProtestsIsrael Police will close Highway 4 in both directions near Bnei Brak on Thursday afternoon due to Haredi protests. The demonstrations, which have become routine, are linked to a controversial law regarding draft dodgers frozen by the High Court. The police advise avoiding the area and using alternative routes.Security · 16d ago · also in 1 newsroomExtradited Israeli Charged with Stealing $2.5 Million From Finance FirmEyal Rosen, former branch manager for Gibui Holdings, was indicted for allegedly stealing NIS 9 million from the company after being extradited from Portugal. He is accused of multiple counts of fraud, theft, and money laundering. Prosecutors are seeking his detention until trial, citing a concrete risk of flight based on his actions and international business dealings. The investigation was led by the Israel Securities Authority.Security · 16d agoIsrael Approves Fuel Line Relocation for Coastal Railway ExpansionIsrael's Infrastructure Committee has ordered Israel Railways and fuel companies Paz and Sonol to proceed with relocating fuel lines for the coastal railway expansion, despite ongoing disputes over land rights and payments. The committee mandated that execution agreements be signed within 30 days, allowing work to commence before all legal and financial issues are fully settled. This decision aims to prevent further delays to the project, which has a target completion date of mid-2028.Security · 16d ago · also in 11 newsroomsZim-Operated Ship Sunk in Black Sea AttackA Zim-operated container ship, the Contship Jet, was sunk in the Black Sea on Wednesday after being attacked by drones. The crew was rescued safely, but 421 containers went down with the vessel. The attack occurred 17 nautical miles off Varna, Bulgaria, and reflects a broader trend of the conflict impacting regional maritime areas. The Bulgarian Navy and a French patrol aircraft were involved in the rescue.Security · 16d ago · also in 1 newsroomRetired Judge Resigns from Gertner Arbitration Amidst InvestigationRetired Judge Eitan Orenstein resigned from arbitrating a 16-year dispute between the Gertner brothers and Dan Gertler, citing attempts to disqualify him. His resignation coincided with the conclusion of a police investigation into his conduct with attorney Efi Naveh. The Gertner brothers are owed an estimated $300 million from the arbitration, and the Supreme Court had previously rejected Gertler's bid to remove Orenstein.Security · 16d agoBerlin Mayoral Candidate Fears Hamas Ties, Europe Worries Over Iran AttackBerlin's incoming mayor, Elif Aral, expressed fear of Hamas-linked party members in a leaked private message, raising questions about her suitability for office. In Europe, the Financial Times reports that Israel's election results may increase the likelihood of an attack on Iran, potentially under a caretaker government led by Benjamin Netanyahu. Australia is also reportedly looking to purchase Israel's Iron Dome missile defense system to protect its bases, despite past criticism of Israel by the Albanese government.Security · 16d ago · also in 8 newsroomsIsraeli-Russian Dual Citizen Extradited to US for Crypto FraudAlexander Block, an Israeli-Russian citizen, was extradited to the United States to face charges of fraud and money laundering related to cryptocurrency. He is accused of exploiting a vulnerability in the "Nomad" system to steal approximately $2.8 million in digital tokens in August 2022. Israeli courts ruled him eligible for extradition, setting legal precedents regarding computer intrusion and money laundering in blockchain. Block denies the charges and will defend himself in the US.Security · 16d agoKinneret Amoeba Deaths Spark Public Concern and Scientific ScrutinyA rare and deadly amoeba has caused the death of a 9-year-old boy in Israel's Kinneret, raising public alarm. Experts link the amoeba's increased prevalence to rising water temperatures due to climate change. While natural water bodies pose inherent risks, artificial facilities must implement strict hygiene protocols. Preventative measures focus on swimmer behavior in natural waters and rigorous monitoring in pools.Security · 16d agoBioethics Expert Warns Against "Perfect Baby" Race, AI's Impact on HumanityProfessor Gil Segal, a bioethics expert and surgeon, warns against the pursuit of a "perfect baby" and the potential negative impacts of AI and robots on human connection. He discusses complex end-of-life dilemmas and the ethical considerations of genetic selection in newborns. Segal, who also serves as Dean of Law at Ono Academic College, views medical interventions as consistent with Jewish principles of improving creation and reducing suffering. He aims to enhance the academic quality of his faculty.Security · 17d ago · also in 4 newsroomsPolice Find Evidence to Indict Former Bar Chief and Judge for BriberyIsrael Police have concluded an investigation into former Israel Bar Association Chairman Efi Noyek and former Tel Aviv District Court President Eitan Orenstein, finding evidence to indict them for bribery. The probe focused on suspicions that Noyek facilitated Orenstein's appointment in exchange for the transfer of Judge Dalia Gannot. The case materials have been sent to prosecutors for a final decision.Security · 17d ago · also in 8 newsroomsIsraeli-American Brothers Sentenced to 30 Years for Sex TraffickingThree Israeli-American brothers, Tal, Oren, and Alon Alexander, have been sentenced to 30 years in prison each by a federal court in Manhattan for sex trafficking and other sex offenses. The convictions stemmed from a scheme operating from 2008 to 2021, where women were allegedly drugged and assaulted. The brothers, formerly prominent in luxury real estate, maintained their innocence but were found guilty by the court, which described their actions as "monstrous." They were also fined and ordered to serve supervised release.Security · 17d ago · also in 12 newsroomsUS Warns Gulf States to Prepare for Short, Intense Iran CampaignThe United States has alerted several Gulf nations to prepare for a short, intense military operation against Iran, potentially targeting its nuclear infrastructure, following the U.S. midterm elections. President Donald Trump indicated "everything is possible" regarding further actions. Prime Minister Benjamin Netanyahu called it a "historic opportunity" to remove Iran's threat. The Pentagon estimates potential operations could exceed $47 billion, while the IAEA reports no signs of Iran rebuilding attacked nuclear sites, though access for inspectors remains restricted.Security · 17d agoIsrael's Next Government Faces Crucial Defense Budget DecisionsIsrael's incoming government faces a critical challenge in managing its rapidly expanding defense budget, which has more than doubled since before the war. The budget requires immediate attention for military procurement and long-term planning amidst ongoing security threats. Experts warn that the escalating defense spending, coupled with rising national debt, could hinder economic growth and require difficult fiscal adjustments. The government must balance security needs with civilian investments and find sustainable funding solutions.Security · 18d agoHeavy Rains and Flooding Block All Roads to and from EilatAll roads to and from Eilat were blocked on Tuesday due to flooding caused by tropical-like weather. The closures affected major routes including 90, 12, 40, and 13. Departures from Eilat were allowed only for travel to Ramon Airport. The unpredictable weather is expected to bring localized rain, primarily to southern and eastern Israel.Security · 18d agoTools to Combat Fake News and Cyber Attacks During ElectionsDuring election periods in Israel, a surge of fake news and phishing attempts targets citizens, making it difficult to distinguish authentic information from manipulation. Services like Cyvore's Scan My SMS and Mozo's AI-powered WhatsApp tool offer free ways to check suspicious messages and links. Experts advise verifying all election-related information through official sources and avoiding engagement with unverified content to prevent falling victim to cyberattacks and misinformation campaigns.Security · 18d agoSocial Media Platforms Prepare for Israeli Elections Amid AI ThreatsSocial media platforms are bolstering defenses against election interference in Israel, focusing on AI-driven disinformation and fake accounts. Tech giants like Google, Meta, and TikTok are collaborating with Israeli authorities, removing harmful content and impersonating accounts. Google has labeled the elections a "top priority," while TikTok dismantled influence networks from Iran and within Israel. Experts warn of unprecedented threats from AI and deepfakes, stressing the need for effective enforcement beyond mere commitments.Security · 18d ago · also in 13 newsroomsTax Authority Officials Suspected of Bribery, Case Sent to ProsecutorsIsraeli authorities have concluded an investigation into 11 suspects, including former senior Tax Authority officials, for alleged bribery, fraud, and money laundering. The suspects are accused of facilitating fictitious tax refund claims totaling approximately 80 million shekels. The case file has been transferred to prosecutors for a decision.Security · 19d ago · also in 15 newsroomsIsrael to Equip Cypriot Navy with Advanced Patrol Ship for €150 MillionIsrael and Cyprus signed a €150 million defense export deal for an advanced patrol ship and system upgrades for existing vessels. The agreement aims to enhance the Cypriot Navy's maritime security capabilities. Additionally, Cyprus is being considered as a location for Israeli defense companies to establish factories and headquarters, potentially boosting the Cypriot economy and its defense infrastructure.Security · 19d ago · also in 2 newsroomsGlobal Media Examines Israeli Elections' Impact on Regional Ties and Domestic IssuesInternational media is examining the potential impact of Israeli elections on regional relations and domestic issues. An Al-Monitor analysis suggests elections could alter Israel-Turkey ties, which have expanded to include influence struggles in Syria. A New York Times report details voter anxieties about the judiciary, economy, and national character, while Arab News highlights growing frustration in Lebanon over the economic crisis and Hezbollah's armament.Security · 19d ago · also in 3 newsroomsMedia Advisor Convicted of Bribery Mediation in Submarine AffairMedia advisor Yitzhak Liber was convicted of mediating bribery, money laundering, and tax offenses in Israel's "Submarine Affair." He allegedly received NIS 94,000 from a German conglomerate's representative and passed it to a former Prime Minister's Office Chief of Staff to advance a submarine deal. Liber denied the charges, claiming the payments were for legitimate services. Meanwhile, former Supreme Court President Ashi Gronis has resigned from the affair's investigation committee due to health reasons.Security · 19d agoDeepfake Propaganda Reaches New Peak Ahead of ElectionsDeepfake video propaganda has reached a new peak in the week leading up to elections, with a record 38 verified posts in a single day. Political campaigns are increasingly using sophisticated synthetic videos to influence public opinion and undermine rivals, with the trend now extending to campaigns targeting the Haredi community. The Central Elections Committee has released a guide to help voters identify and verify information to counter the spread of false content.Security · 19d ago · also in 11 newsroomsAustralian Report: Billionaire Packer Paid Netanyahu's Lawyer $1.25 MillionAn Australian newspaper reported that billionaire James Packer paid $1.25 million to Prime Minister Benjamin Netanyahu's lawyer, Amit Haddad, over two years. The payments began after Packer and Netanyahu renewed their personal relationship, during which Packer allegedly gave gifts worth NIS 230,000 to the Netanyahus. The defense is seeking Packer's testimony in Netanyahu's trial, arguing it's crucial for understanding the alleged benefits.Security · 19d ago · also in 7 newsroomsElbit Systems Secures $200 Million in Contracts from Asia-Pacific NationElbit Systems announced on Sunday it secured approximately $200 million in contracts from an Asia-Pacific country for ISTAR and aerial training solutions over five years. The deals include advanced ISR payloads, training systems, and Head-Up Displays. This follows a recent $235 million contract for Extra-MR rockets with Azerbaijan.Security · 19d ago · also in 12 newsroomsNetanyahu and IDF Chief Clash Over Iran ActionPrime Minister Benjamin Netanyahu and IDF Chief of Staff Eyal Zamir are in an unprecedented clash over a potential action concerning Iran. The military fears the issue is being used for political gain ahead of elections, while political sources deny this. Zamir has requested legal authorization and further discussion before proceeding with the operation.Security · 19d ago · also in 1 newsroomHadassah Hospital's Cyprus Venture Sparks Controversy With Health MinistryHadassah Hospital opened a clinic in Limassol, Cyprus, sparking controversy with Israel's Health and Finance Ministries who claim they were unaware of the venture. The project, which includes plans for a larger hospital, is reportedly Cypriot-owned, with Hadassah providing training and consultations. The hospital states the initiative is based on a 2016 agreement known to the ministry, which also covers past ventures in Russia and Mexico. A meeting between Hadassah and the ministries is planned to discuss the project further.Security · 19d agoNew Study Shows Targeted Sanctions Can Isolate Entire Financial SystemsPrime Minister Benjamin Netanyahu suggested Israel should prepare for potential economic and banking sanctions, exploring alternatives like blockchain. This warning follows international pressure, with the UK considering sanctions on settlements and US Democrats advocating for more measures. Senior economic officials deem such a plan impractical. A new study indicates that even partial sanctions can severely isolate a financial system, impacting both targeted and non-targeted banks globally.Security · 19d agoGlobal Defense Spending Hits Record High, Projected to Exceed $4.4 Trillion by 2035Global defense spending reached a record $2.9 trillion in 2025 and is projected to exceed $4.4 trillion by 2035, according to a Deutsche Bank study. Revenues for top defense firms surpassed $1 trillion last year, with profits up 46%. Europe is leading the current growth trend, driven by conflicts and new EU and NATO initiatives. The study anticipates sustained growth, not a bubble, with significant increases expected in drone technology and counter-drone systems.Security · 19d ago · also in 1 newsroomRami Levy to Testify Against Rival Eyal Ravid in Price-Fixing TrialRami Levy, owner of Rami Levy Hashikma Marketing, will testify next week in the price-fixing trial of rival Eyal Ravid, owner of Victory. Levy, previously investigated for similar offenses, was called by the Competition Authority. The trial, which began 18 months ago, accuses Ravid of signaling competitors to raise prices through public statements and recordings. Other supermarket executives are also indicted. Ravid denies the charges, as do the other defendants.Security · 20d agoUS Demands Control Over Israeli Tech Knowledge in Aid TalksThe U.S. is demanding control over Israeli technological knowledge, including patents and development plans, as a condition for future security assistance beyond 2028, creating a major dispute with Jerusalem. While both nations anticipate a reduction in the annual aid package, the elimination of the conversion clause will significantly impact smaller Israeli defense firms. The upcoming U.S. midterm elections are expected to play a critical role in the future of the aid negotiations.Security · 20d ago · also in 6 newsroomsCyberattacks and Fraud Attempts Surge Ahead of Israeli ElectionsCybersecurity firm Check Point reports a surge in cyberattacks and fraud attempts targeting Israel ahead of elections, with a 55% increase in attacks on organizations and an 82% rise against the government sector. Malicious websites and disinformation campaigns are prevalent, aiming to disrupt the democratic process and steal data. Recommendations are provided for both the public and organizations to enhance security and verify information through official channels.Security · 20d agoFormer Supreme Court President Grunis Resigns From Submarine Affair Inquiry CommitteeFormer Supreme Court President Aharon Barak resigned from the state inquiry committee into the submarine affair due to medical reasons. Zvi Zylbertal, a fellow committee member and former Supreme Court Justice, has been appointed as the new chairman. The committee had previously identified significant procurement flaws and national security risks related to the submarine deals.Security · 20d agoNew Report Details 94 Sanctions and Restrictions Against Israel WorldwideA new report by the Jewish People Policy Institute (JPPI) reveals that 94 sanctions and restrictions against Israel are currently in effect in 64 countries and international bodies. These measures include arms sale limitations and trade embargoes, with a notable concentration of actions originating from Europe. The JPPI's CEO cautioned that these restrictions could deter foreign investment and damage economic ties.Security · 20d ago · also in 5 newsroomsIsraeli Businessman Sentenced to 44 Months for Tax Fraud SchemeAvner Aluk, owner of Sagiv Technologies Fire Shielding Ltd., was sentenced to 44 months in prison for using fictitious invoices to illegally deduct 5.75 million shekels in input tax. The Ramla Magistrate's Court also imposed a 10-month suspended sentence and a 100,000 shekel fine. Aluk was convicted of multiple tax fraud charges, and the court considered his prior convictions. The ruling also activated a previously suspended sentence.Security · 20d agoIsraeli Drone Firm Unveils Multi-Drone Launcher Amid Ukraine's Starlink WoesIsraeli drone manufacturer UVision has launched a new eight-drone launcher at a U.S. exhibition, showcasing its advanced capabilities. In Ukraine, the military is reportedly hampered by speed restrictions imposed on Starlink satellite terminals, impacting drone operations. These limitations, allegedly ordered by SpaceX CEO Elon Musk, have forced the cancellation of missions. Separately, the U.S. Army has chosen to purchase howitzers from South Korea over Israeli systems, while also exploring new drone technologies for precision targeting.Security · 21d agoNations Exploit Crypto to Evade Sanctions, Fueling Illicit EconomiesPrime Minister Benjamin Netanyahu suggested Israel prepare for sanctions using cryptocurrency, a tool already employed by nations like Iran and North Korea to circumvent economic restrictions. Iran has developed a significant crypto industry to bypass sanctions, while North Korea allegedly uses crypto for illicit gains, including massive hacks. Russia has created its own sanctioned stablecoin, and China is implicated in crypto money laundering. Terrorist groups also utilize digital assets for funding.Security · 22d agoDalia Power Plant Initiates International Arbitration Over Leviathan Gas DealThe Dalia Power Station has initiated international arbitration in London against NewMed Energy and Ratio Energies over a canceled 20-year gas supply deal from the Leviathan field. Dalia seeks to enforce the agreement, arguing the sellers' cancellation was invalid and conditions were met after Antitrust Authority approval. The dispute highlights aggressive negotiation tactics amid high gas demand and potential export opportunities.Security · 22d ago · also in 2 newsroomsTwo IDF Soldiers Killed in West Bank Shooting AttackTwo IDF soldiers, Sergeant Major Ron Yonatan Reutman and Sergeant Yuval Shai Suilam, were killed in a shooting attack at the Gush Etzion junction in the West Bank. The two Palestinian assailants were killed by security forces, and the IDF believes they intended a larger attack. Prime Minister Netanyahu ordered a lockdown of Hebron and a closure of the West Bank following the incident. In Jordan, a church attack in Karak resulted in seven deaths and 28 injuries.Security · 23d agoEl Al Suspends Marrakech Flights Amid Security ConcernsEl Al has suspended its new route to Marrakech, Morocco, until at least December 15, citing the need for security approvals. This follows similar suspensions by Arkia and Israir due to Israeli security demands. The ongoing issues with Israeli airlines and Dubai also continue without a resolution. Affected passengers can receive refunds, credit vouchers, or rebook flights to European destinations.Security · 23d ago · also in 3 newsroomsMenora Mivtachim Fined NIS 256,000 for Delayed Security Breach ReportIsrael's Privacy Protection Authority fined Menora Mivtachim Insurance NIS 256,000 for a delayed report on a security breach that exposed policyholder data. The company reported the incident over two weeks late, after internal investigations. The authority emphasized that immediate reporting is mandatory, regardless of ongoing internal reviews. The fine was reduced from an initial NIS 640,000 due to mitigating factors.Security · 23d agoGlobal Cyber Alert: Critical Flaw in PHP Affects 70% of WebsitesA critical security flaw affecting 70% of global websites has been discovered in the PHP programming language, enabling AI-powered attacks. The NSA issued an urgent warning advising websites to go offline if they cannot be patched. The vulnerability, exacerbated by AI, was identified by researchers including those from Israel's Wiz. Organizations are urged to apply software updates immediately to mitigate risks.Security · 23d ago · also in 3 newsroomsRight-Wing Activist Ordered to Pay Former IDF Spokesperson Damages for DefamationA Tel Aviv court ordered right-wing activist Ran Karmi Buzaglo to pay former IDF spokesperson Avi Benayahu NIS 80,000 for defamation, plus legal costs. Buzaglo published posts in January 2025 accusing Benayahu of informing on soldiers, which the court deemed harmful to national security during wartime. The judge rejected Buzaglo's claim that the lawsuit was an attempt to silence him, stating the opposite was true.Security · 23d ago · also in 1 newsroomMan Accused of Exploiting Elderly Woman for Inheritance Faces Legal ActionA man has been ordered to pay 250,000 shekels in legal costs and his case referred to the police after a court invalidated a will he benefited from. The court found he exploited an elderly woman, convincing her to name him sole heir and disinherit her husband. Evidence presented included allegations of financial fraud, including taking large sums for renovations and selling properties, and using the couple's credit cards. The man's actions were exposed by the husband and a friend of the accused.Security · 23d ago · also in 8 newsroomsSuspect in Multi-Million Shekel Theft Extradited From Portugal to IsraelEyal Rosen, a suspect in a multi-million shekel fraud and embezzlement case, has been extradited from Portugal to Israel. He is accused of stealing from a non-bank credit company he managed and money laundering. Rosen fled Israel in 2022 before an investigation began, but was apprehended in Portugal. Portuguese authorities approved his extradition, and he was returned to Israel on October 4, 2026, to face charges.Security · 23d ago · also in 1 newsroomIsrael's Drone Interception System Finds First East Asian Customer in ThailandThailand has purchased Israel Weapon Industries' (IWI) "Arbel" anti-drone system, marking its first deployment in East Asia. The system integrates into existing firearms, offering enhanced drone interception capabilities. IWI is also in talks for additional orders in Thailand and other regional countries. This acquisition highlights growing defense spending in Asia and the increasing demand for drone countermeasures.