The e-commerce giant has seen its market share erode in apparel as Shein and Temu quickly expanded in international markets with $12 dresses and $10 gadgets.
The budget outline includes closing five ministries and numerous budget cuts to ministries, which may bring resistance from ministers and slow its passage through the Knesset.
The high cost of the war and the supply problems it has caused, tax hikes expected in 2025, and wage increases, are all pushing prices upwards.
A Hezbollah-run campaign fundraising for weaponry called to make money transfers through international and local services, pointing at Western Union and Whish Money as key service providers.
Sheba is among Israel’s leading payment firms, managing transactions across credit networks and banks nationwide.
The “bank” serves hundreds of thousands of Hezbollah operatives and their families, providing them with salaries, loans, and funding for the organization’s ongoing activities.
The US Treasury Department sanctioned the Al-Qard Al-Hasan Association in 2016; however, this was largely ineffective.
The downgrade dropped Israel by two notches, from A2 to Baa1—the country's lowest score ever—and maintained a negative outlook for its rating.
Longtime futures strategist Phil Streible tells Schwab Network that Middle East tensions and rotations in and out of metals, oil caused rise
President Vladimir Putin is keen to build up BRICS - which has expanded to include Egypt, Ethiopia, Iran and the United Arab Emirates as well as Brazil, Russia, India, China and South Africa.
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