A Parliamentary panel will meet on Monday to look into the impact of the West Asia crisis on India’s maritime trade and seafarer safety. The department-related Parliamentary Standing Committee on Transport, Tourism and Culture has called the Secretary, Ministry of Ports, Shipping and Waterways for the discussion. The members of the panel would discuss the…
“Liad Agmon only said out loud what the entire industry has been whispering,” senior figures in the Israeli tech sector admit when referring to the strengthening of the shekel, which is weighing on them. Israel’s growth engine, responsible for 25% of tax revenues and 20% of GDP, has gone through three unprecedented years that began…
The U.S.-Israel war with Iran and the closure of the Strait of Hormuz have inflicted severe damage on the global economy and exposed the vulnerability of traditional energy and trade routes. This disruption, combined with the threat of a Houthi blockade in the Red Sea, has intensified concerns over the security and reliability of existing…
( May 24, 2026 / JNS ) Leaders from Israel’s high-tech and business sectors gathered at the Tower of David Jerusalem before Shavuot for a benefit supporting trauma rehabilitation programs for Israelis affected by the war, reflecting growing efforts by the private sector to address the country’s mounting mental health challenges. The event raised funds…
For centuries, control over trade routes has shaped the rise and fall of empires, determined economic power, and influenced global politics. Today, maritime trade remains the foundation of the world economy, with roughly 80 to 90 percent of global trade moving through sea routes. However, growing geopolitical tensions, wars, sanctions, climate change, piracy risks, and…
Meta (formerly Facebook) recently announced that it was laying of 10% of its workforce worldwide — about 8,000 employees. The company also announced that 7,000 employees would be transferred to new positions related to AI. As previously reported by “Globes,” more than 100 employees out of 1,000 Meta employees in Israel will lose their jobs….
“Our concern relates specifically to temporary exemptions that may still generate additional revenues for Russia’s war machine,” he posted on social media., external The original plan to ban oil products derived from Russian crude oil, such as jet fuel and diesel, entering the UK from third countries, was first announced as part of a raft…
Britain is eyeing a Mercosur deal because the EU’s landmark trade agreement with the South American bloc is putting British producers at a disadvantage, a UK trade minister told Euractiv. Chris Bryant said the EU deal has made European goods cheaper than British products for key markets such as Brazil and Argentina, putting Britain into…
Fresh escalation threat: Iran’s IRGC warned that any renewed US or Israeli attack would spread the war beyond West Asia, after Trump suggested another strike could be imminent. Hormuz tensions persist: Limited easing saw 26 vessels transit the Strait under Iranian coordination, but traffic remains far below pre-war levels, keeping energy markets on edge. Global…
ASHGABAT, Turkmenistan, May 23. Turkmenistan and Tajikistan discussed cooperation in energy, transport, agriculture, and trade, Trend reports via the press service of the Turkmen government. The issue was discussed during a meeting between President of Turkmenistan Serdar Berdimuhamedov and Prime Minister of Tajikistan Kokhir Rasulzoda held in Ashgabat as part of Rasulzoda’s visit to participate…
