Explosion at Mexican Steel Mill Results in 13 Fatalities

Israel's economy is under scrutiny as major banks warn of potential credit rating downgrades and lowered GDP growth forecasts, highlighting significant fiscal challenges amid regional tensions.

Discover how global financial markets have reached a record $255 trillion, the implications of soaring global debt, and the challenges posed by investor behavior and fiscal policies.

Israir Group has reported a net profit of $7 million for the second quarter, showcasing resilience amid war challenges. Despite a revenue decline, gross profit margins improved significantly, highlighting strategic operational changes and government support.

Ethiopia ends 50 years of strict currency control, seeking to stabilize its economy amid rising foreign debt and declining reserves, with support from the IMF and World Bank.

Discover how airlines are adjusting their flight schedules amid escalating tensions in the Middle East. Key updates on cancellations and safety measures affecting travel plans.

Explore the latest trends in the dollar's recovery against major currencies and the fluctuating gold prices as traders anticipate interest rate cuts from the Federal Reserve. Stay informed on the economic implications of the upcoming Jackson Hole Symposium.

Tesla recalls 9,136 vehicles due to a roof defect that may cause cosmetic parts to separate, increasing accident risks. Learn about the safety measures being taken.

Israeli Central Bank Governor Amir Yaron calls on Prime Minister Netanyahu to adopt a responsible budget amid the ongoing Gaza conflict, warning of potential economic disaster if fiscal challenges are not addressed. The implications of a downgraded credit rating and the need for immediate budget amendments are critical in maintaining Israel's financial credibility.

Explore how Donald Trump's return to the X platform has triggered a significant decline in the shares of Trump Media and Technology Group, impacting its market value and financial health amidst the 2024 presidential race.

El Al Airlines announces fixed pricing for key destinations, including Larnaca, Athens, Vienna, and Dubai, enhancing affordable travel options and global connectivity for Israeli passengers.

Discover how Israel's unemployment rate fell to 2.8% in July, driven by military reserve service amidst ongoing conflict. Explore the implications for the labor market and rising wages.

Explore how the ongoing boycott against brands supporting Israel has led to significant sales declines for companies like McDonald's and Starbucks in the Middle East, highlighting the impact of consumer sentiment on global brands.

Boeing's 777X aircraft program faces significant setbacks as flight tests are suspended due to component failures. With over 500 units sold, the anticipated entry into service has been delayed until 2025. Explore the challenges Boeing faces in regaining trust and navigating FAA certification.