Category: escalation

  • Shekel weakens sharply on Iran escalation concerns

    Perico: There is no change in our assessment, as the possibility of the shekel’s value rising is still limited, and the dollar may once again test the level of 3.8 shekels to the dollar. The shekel is weakening sharply today against the US dollar and the euro. This afternoon, the…

  • aviation grapples with Middle East escalation By Reuters

    By Joanna Ploczynska LONDON (Reuters) – Rising tensions in the Middle East caused chaos in air travel, with global airlines diverting or canceling flights on Wednesday and regional airports, including Lebanon, Israel and Kuwait, showing long delays, according to FlightRadar24 data. Concerns about travel disruption as the conflict intensifies also…

  • Despite escalation shekel and TASE defy risk factors

    A look at macroeconomic data, which indicates how investors view Israel, can be misleading. There is a series of data indicating serious concerns on the part of investors, while there is the shekel-dollar exchange rate and the Tel Aviv Stock Exchange (TASE) that convey a feeling of relative stability, even…

  • Moody’s warns of rating consequences of escalation

    Commenting on the security situation in Israel and its impact on the country’s sovereign rating, Moody’s, the global credit rating agency, said yesterday that the exchange of fire between Israel and Hezbollah on Sunday represents an escalation, but the economic and human costs remain limited and in line with the…