A new front has emerged in Israel’s fight against the funding of Iran-backed terrorist groups from Hamas to Hezbollah: A fast-growing crypto network called Tron. Quicker and cheaper than its larger rival Bitcoin, Tron has overtaken its rival as a platform for crypto transfers associated with groups designated as terror organizations by Israel, the […]
Continue Reading‘We call ourselves a family, and we mean it when we say that,” says Richard A. Rosenbaum, executive chairman of Greenberg Traurig, the multinational law firm that employs more than 2,650 lawyers in 47 offices throughout the United States, Europe, and Asia. In early November, Rosenbaum (no relation to this writer) and another partner […]
Continue ReadingOver the past few weeks, many companies have published their earnings reports for the third quarter (Q3) of 2023, illustrating performance from July until September. Many of these reports didn’t paint such an uplifting economic picture, as the hi-tech industry has been facing considerable difficulties since the beginning of the year due to the […]
Continue ReadingCaution: The shopping holidays (and the scams) are already here During the month of November, online shopping days such as Shopping IL, Black Friday, and Cyber Monday were launched in a slightly different format to support local businesses. Unfortunately, this time of year also attracts many phishing attacks aimed at stealing your money. ESET, […]
Continue ReadingThe month of shopping is upon us, with Black Friday deals unveiled and more anticipated. Consumers are reserving credit lines and cash balances, gearing up for significant benefits that enable them to purchase previously unaffordable products and services. “Black Friday” gets its name from accounting reports where profit lines are in black, contrasting with […]
Continue ReadingAmid global economic shifts, Israel’s financial landscape is undergoing a balancing act. With a potential interest rate cut on the horizon and the shekel’s strengthening, the nation faces both challenges and opportunities. The recent conflict has cast a shadow on business and consumer sentiments, while international trends, especially in the US, add an extra […]
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The Israeli government is gradually getting its act together in providing financial support for people and businesses. Here is a brief update as of Tuesday. It is not complete as the measures are still evolving. Evacuees: Relocation grants are to be paid automatically by the National Insurance Institute (NII) into the bank accounts of evacuees […]
Continue ReadingKibbutz Nir Am has turned to the Israeli and world community at large through a crowdfunding initiative aimed at raising NIS 1 million for its rehabilitation and recovery after the Hamas massacre a month ago. Nir Am, positioned close to the Gaza border, managed to avert an incursion and safeguard its residents from harm, […]
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A group of ultra-Orthodox women have launched an English-language website dedicated to the victims of the Hamas massacre, allowing anyone from around the world to send condolences to the families of those who were killed on October 7. The website includes most of the names of the more than 1,400 Israelis who were killed, with […]
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There have been numerous instances in the past where the public has been taken aback by revelations about various banks. Typically, these revelations come from journalists and news outlets. However, this time, it was an unexpected source. On her Instagram account, influencer Einav Booblil disclosed that the B’Tselem organization maintains a bank account with […]
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