Category: 6. Business
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Calling US and French immigrants to Israel
The wandering people often has tax links in more than one country. Below we report on some Israel- related tax happenings in the USA and France. USA – war relief available: The Internal Revenue Service has announced new relief for taxpayers… Continue Reading
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North America dominates gold ETF inflows in September
Global gold exchange-traded funds (ETFs) continued their winning streak in September, attracting a total of $1.4 billion in inflows. This marks the fifth consecutive month of positive inflows for gold ETFs, highlighting growing investor… Continue Reading
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Analysis: Gold’s October pressure caused by stronger dollar
October’s start to precious metals trading may give some investors room for pause, especially as gold is off to its worst start to a month since February. However, rising geopolitical tensions and a continued strengthening of the dollar… Continue Reading
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U.S. mining stock soars after resource find
Shares of US Goldmining (NASDAQ:USGO) skyrocketed 36% higher to $14.10 a share Monday after the company said it reported 294.5 million tonnes of resource grading 0.4 gram gold, 2 grams silver per tonne and 0.16% copper. Whistler was already… Continue Reading
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Turkey rapidly expands its gold reserves to all-time high
Turkey’s gold reserves have reached a new milestone, reaching an all-time high of 584.93 tonnes in the second quarter of 2024. This marks a significant increase from 570.30 tonnes in the previous quarter, according to data from the World… Continue Reading
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Could gov’t use golden share to force El Al to cut fares?
The Stare of Israel holds a ‘golden share’ in a range of companies including El Al Israel Airlines Ltd. (TASE:ELAL). Since the outbreak of the war, the Israeli national carrier has been harshly criticized for its high fares and not… Continue Reading
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Bank of Israel Keeps Rates at 4.5% Amid Inflation and War Concern
The Bank of Israel (BoI) will keep short-term interest unchanged for a sixth straight policy meeting on Wednesday, as markets maintain their view that rising inflation due to the Israel-Hamas war will not lead to lower rates until next… Continue Reading
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EU again insists airlines should suspend Israel flights
The European Commission and European Union Aviation Safety Agency (EASA) last night discussed and reaffirmed the recommendation to airlines not to fly to Israel until October 31. After the discussions, Air France announced that it… Continue Reading
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ChatGPT has bigger implications for your business’ security
In an era in which technology is the foundation of every organization’s operations, the adoption of new technologies is crucial for growth and market competition. However, one of the greatest threats that has emerged from the increased… Continue Reading
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Analyst: Geopolitics providing metals a floor
Kitco precious metals analyst Jim Wyckoff thinks geopolitical tensions in the Middle East will continue to provide a floor to gold and silver markets as tensions remain elevated in the region. Gold was trading in the $2,653 area Monday and… Continue Reading
