Category: 6. Business
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A year later: Sharp increase in apartment sales last July
July 2024 was a hot month for the residential real estate market. Data published last Thursday by the chief economist of the Ministry of Finance shows that last July, 8,909 apartments were purchased – a sharp increase of 29% compared to… Continue Reading
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Markets wary of Gideon Sa’ar joining government
The trend in yesterday’s session on the Tel Aviv Stock Exchange and on the foreign exchange market was negative, and worsened as the day wore on. This was contrary to the global trend of a weakening US dollar, and the mixed trend… Continue Reading
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Amnon Shashua’s AI startup AA-I Technologies revealed
Prof. Amnon Shashua has founded an artificial general intelligence (AGI) startup, which is still in stealth. AGI develops the ability to exceed human capabilities in performing complex tasks in a short time, such as developing… Continue Reading
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Despite objections 42-floor “Burj Jerusalem” tower approved
Over 200 objections have not stopped the Jerusalem District Planning and Building Committee from approving the plan for a 42-floor tower near Mount Herzl in the capital, a source close to the matter has told “Globes.” The… Continue Reading
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Gold Steady at $2,580, Silver Climbs as Fed and FOMC Rate Cut Speculatio
Gold prices (XAU/USD) are steady at $2,580 after a brief pullback due to profit-taking. The outlook remains positive as the market anticipates a 50 basis point interest rate cut from the U.S. Federal Reserve, driven by softer CPI and PPI… Continue Reading
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Trading the rate cut: Streible offers short-, long-term outlook
MUFG’s Ehsan Khoman believes one of the most significant metal price headwinds is about to be eliminated. “High rates have been a critical headwind to base metals, driving a significant negative physical demand distortion from destocking… Continue Reading
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Germany delaying Israel tank shell consignment – report
Germany newspaper “Bild” yesterday featured an article criticizing the German government for not yet approving the export to the Israeli army of thousands of precision tank shells. According to the report, Israel requested the… Continue Reading
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Metals outlook: Markets prepare for blockbuster FOMC meeting
Gold and silver prices held the ground gained by last week’s Thursday and Friday rallies, which propelled spot prices to more than $2,575 and $31 an ounce, respectively. All eyes this week will be on the Federal Reserve’s 2 p.m. FOMC… Continue Reading
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Forbes Investor Exposes the Truth About Gold | Clem Chambers
In a recent interview by CapitalCosm, Clem Chambers, a seasoned financial analyst, shared his insights on the recent surge in gold prices and the broader economic landscape. Chambers, known for his decades of experience in the market,… Continue Reading
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Shekel sharply weaker amid reports Gallant could be fired
Israel’s foreign exchange market remains extremely volatile amid domestic political and regional geopolitical tensions. Israel’s foreign exchange market remains extremely volatile amid… Continue Reading
