The reopening of the Strait of Hormuz has eased immediate concerns over global energy supplies. Still, the economic fallout from more than three months of shipping disruptions is likely to persist across vulnerable economies, particularly those dependent on imported oil and food, according to a new United Nations Conference on Trade and Development (UNCTAD) report…
Israel’s Finance Ministry launched a NIS 1.6 billion emergency package to support the country’s export and high-tech sectors on Tuesday as the shekel continues to strengthen sharply, a trend officials say is straining companies reliant on foreign revenue. The plan, drafted by a joint task force of the ministry and the Israel Innovation Authority (IIA),…
The reopening of the Strait of Hormuz would bring relief to global trade and energy markets, but for many vulnerable economies, the effects of the crisis will not end as soon as ships start passing through again, the United Nations Trade and Development Agency has assessed. After more than 100 days of transport disruption, shipping…
A LOT Polish Airlines commercial flight from Warsaw to Tel Aviv was diverted to Burgas, Bulgaria, on Tuesday after a hijacking alert was unintentionally triggered in flight. LOT Polish Airlines flight 155, operated by Electra Airways, took off from Warsaw at 11:35 a.m. local time, then circled over the Mediterranean Sea off the coast of…
The reopening of the Strait of Hormuz marks a pivotal moment for global trade, bringing an end to more than 100 days of severe disruption that rattled energy markets, disrupted shipping routes and sent shockwaves through economies around the world. While the restoration of maritime traffic offers immediate relief for international commerce and energy supplies,…
Market snapshot: Prime Minister Benjamin Netanyahu’s latest declaration that ‘the war is never over’ marks a definitive shift toward a permanent state of high military readiness in the Middle East. This strategic pivot signals prolonged regional volatility, directly impacting global energy prices and defense supply chains. For India, this reinforces the criticality of strategic defense…
Air Seychelles will resume direct weekly flights between Tel Aviv and the tropical nation’s largest island, Mahé, starting from August 20, the airline announced on Sunday. “This will reopen convenient, direct, and fast access for Israelis to the beautiful islands of the Seychelles, as well as a short and convenient connection of about an hour…
How is it possible that the Israeli economy has been at war for almost three years, many businesses are still struggling to return to full activity, private consumption is recovering slowly, only about one-tenth of employees work in high-tech — and yet growth keeps surprising on the upside, state tax revenues repeatedly beat forecasts, and…
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026.Amirhosein Khorgooi | ISNA | WANA | Via Reuters GENEVA, June 30 (Reuters) – The U.N. trade and development agency warned on Tuesday that while the reopening of the Strait of Hormuz will bring immediate relief to energy markets, vulnerable economies remain at risk from…
Executive Summary The months of May-June 2026 were marked by a significant acceleration across all axes of Turkish activity – military, economic, support for terrorism, and rhetorical escalation – as Ankara becomes an increasingly dominant actor in Syria with each passing month. On the force-build-up front, Syrian forces participated for the first time in EFES-2026…
