Category: war
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SAP Israel head: If theres value, deals happen despite war
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Speaking at the Globes Israel Business Conference, Orna Kleinman, Managing Director of SAP Labs Israel and Senior Vice President of Technology and Innovation at the SAP Cloud Platform Foundation, commented on the challenges the war has posed to international high-tech companies in Israel. She said: “60% of advanced technology in…
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SAP Israel head: If theres value, deals happen despite war
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Speaking at the Globes Israel Business Conference, Orna Kleinman, Managing Director of SAP Labs Israel and Senior Vice President of Technology and Innovation at the SAP Cloud Platform Foundation, commented on the challenges the war has posed to international high-tech companies in Israel. She said: “60% of advanced technology in…
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Bezeq chairman: Over NIS 2b infrastructure investment during war
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Speaking to Globes news editor Bar Lavi, Bezeq Chairman Tomer Ravid spoke at the Globes Israel Business Conference about the company’s investments in infrastructure since the beginning of the war, competition in the telecommunications market, and Israel’s position as a geographical bridge between… East and West. . Lavie said that…
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Bank of England warns of growing financial risks from trade war
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The Bank of England has warned that escalating trade wars, geopolitical instability and rising global debt levels are amplifying risks to the UK’s financial system. Officials cited the country’s vulnerability due to its “open economy and large financial sector,” according to the World Bank’s latest financial stability report. Andrew Bailey,…
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Israel’s Defense Ministry sees startups as vital for war effort
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The increasing security tensions in the world have put on the agenda the need for advanced technologies in the security sector. Representatives of the Defense Research and Development Directorate (DDR&D) (MAFAT), venture capital investors and entrepreneurs of the Ministry of Defense participated in a conference dedicated to startups operating in…
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Israel’s Defense Ministry sees startups as vital for war effort
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The increasing security tensions in the world have put on the agenda the need for advanced technologies in the security sector. Representatives of the Defense Research and Development Directorate (DDR&D) (MAFAT), venture capital investors and entrepreneurs of the Ministry of Defense participated in a conference dedicated to startups operating in…
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China could pick up ‘reluctant’ stimulus if Trump starts trade war: Goldman Sachs
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Monday in China Announced discounts to record interest rates, the latest in a series of measures to revive confidence in an economy struggling to grow after the Covid pandemic. Chinese stock markets swung as investors expected sweeping action from official press conferences, then were disappointed that policies fell short of…
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ECB Paper Is A ‘Declaration Of War’ Against Bitcoin: Expert
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In a harsh criticism of the European Central Bank’s latest research, prominent analyst Tor Demeester described the ECB’s new publication as a “real declaration of war” against Bitcoin. The ECB paper, titled “The Distributional Consequences of Bitcoin,” written by Ulrich Bindseil and Jürgen Schaaf, sparked an intense response from the…
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Montana GOP Senate candidate accused of passing off accidental self-inflicted gunshot as war injury
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A former Park Service ranger said Friday that the U.S Senate candidate Tim Sheehy The Montana Republican was lying about a bullet wound the candidate said was from combat in Afghanistan, an accusation that has vexed the GOP campaign for months. Former Ranger Kim Beach’s claim that Sheehy in fact…
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How The Israel-Iran War Could Shake Crypto Prices: Arthur Hayes
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This article is also available in Spanish. Arthur Hayes, co-founder and former CEO of BitMEX, published a report article Titled “The Persistent Vulnerability” on October 16, it examines the potential impact of rising tensions between Israel and Iran on cryptocurrency markets. Through the analogy of avalanche science, Hayes explores how…
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Analysis-Year of war creates cracks in Israel’s borrowing strength By Reuters
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Written by Libby George, Karen Strohecker and Stephen Shear LONDON/JERUSALEM (Reuters) – For nearly a year, the Israeli economy has weathered the chaos of a war that threatens to turn into a regional conflict, but rising borrowing costs have begun to put pressure on its financial structure. The direct cost…
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IVC-LeumiTech: Despite war startup raising up 32%
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Despite the war, investments in Israeli startups in the first nine months of 2024 reached $7.22 billion, up 32% from the first nine months of 2023, IVC-LeumiTech reported in its quarterly survey. There is a certain upward bias in the data due to IVC’s identification of Safe Superintelligence (SSI) as…
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What an oil war in the Middle East could look like
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Breadcrumb Trail Links Energy Oil & Gas Financial Times Israel is considering attacks on Iranian energy sites, for which Iran might then retaliate, affecting global supplies Author of the article: Financial Times Myles McCormick in Houston, Jamie Smyth in New York and Tom Wilson, Shotaro Tani and Steven Bernard in…
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The market sees the war ending soon
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The series of successes achieved by the Israeli army in the war with Hezbollah, most notably the killing of the organization’s leader Hassan Nasrallah last Friday night, is the main reason for the sharp rises in the stock market in Tel Aviv yesterday, according to Zvi Stipak, founder and head…
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SNC: Half of startups had investments canceled due to war
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Startup Nation Central (SNC) today released its report, “One Year of Israeli Innovation in War,” which analyzes the impact of the ongoing conflict on Israel’s tech ecosystem, including significant differences across the country’s regions and declining trust in government efforts. Among the report’s most troubling findings are the financial uncertainty…
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Blinken, UK’s Lammy visit Ukraine in show of support at key juncture in war By Reuters
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By Daphne Psaledakis and Olena Harmash KIEV (Reuters) – U.S. Secretary of State Antony Blinken and British Foreign Secretary David Lammy arrived in Kiev on Wednesday for a series of meetings with senior Ukrainian government officials at a crucial stage in the war against Russia. Blinken said he wanted to…
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JPMorgan ditches China buy recommendation due to ‘Tariff War 2.0’
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JPMorgan Chase & Co. dropped its buy recommendation on Chinese stocks, citing heightened volatility around the upcoming U.S. election as well as growth headwinds and tepid political support. China’s rating was downgraded to neutral from “overweight” in the bank’s emerging market allocation, strategists led by Pedro Martins wrote in a…
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Smotrich’s 2025 budget plan: Tough measures to pay for war
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Finance Minister Bezalel Smotrich today presented his plan for the 2025 budget. “I pledge to do everything I can to achieve the deficit target of 4%,” Smotrich said. Smotrich outlined measures to achieve this, including freezing public sector salaries, tax brackets, allowances and pensions, increasing income tax on the lowest…
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Israel Post Q2 profit down as war depresses business
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The Israel Postal Company’s financial statements for the second quarter show a rise in revenues, but a sharp decline in net profit. These are probably the last financial statements published by the Israel Postal Company, which continues to operate under the authority of state companies, as its privatization and sale…