Bazan Group has published its ESG Report for 2023, whose primary focus is on the company’s efforts to contend with the challenges posed by the Swords of Iron War. The report also provides a comprehensive snapshot of Bazan’s achievements in the field of environment, society, and corporate governance (ESG), as well as its progress towards meeting its short-term and long-term ESG objectives. Following the outbreak of the war, Bazan increased its donations fund to NIS 30 million, approximately NIS 11.6 million of which was allocated to victims of the war and the evacuees. The activity included financial donations, ongoing support,…
מחבר: the news time israel
Outgoing US President Joe Biden has delivered another "bombshell" ahead of leaving the White House by including Israel among 150 countries restricted in the export of graphics processing unit (GPU) chips. Under the recently approved AI Diffusion Rule guidelines, Israel has been classified among the nations restricted from importing American-made GPU chips—used for training and developing artificial intelligence engines and previously employed for cryptocurrency mining—produced by companies such as NVIDIA, Intel, and AMD. Ironically, many of these processors are developed in Israel itself.As part of these restrictions, any Israeli entity seeking to purchase more than 1,700 of these chips…
In a recent interview on Sprott Money, market analysts Craig Hemke and Chris Vermeulen issued a stark warning: the recent stock market selloff could be just the beginning, with gold and silver poised to skyrocket as investors seek refuge. Their analysis, featured in the video titled "Biggest Stock Selloff in Years! Why Gold & Silver Could Skyrocket. Crude Oil In Trouble?" paints a picture of escalating economic uncertainty, potentially triggering a significant shift in investment strategies.Craig Hemke, founder of TF Metals Report, and Chris Vermeulen, founder of TheTechnicalTraders.com, offer a combined wealth of experience in precious metals and technical…
Blockchain giant Chainalysis will be acquiring Israeli fraud prevention company Alterya, they announced on Monday. This is the second acquisition the company has made in Israel after it acquired Hexagate just last month.Chainalysis develops analytics, operations analysis, and data accessibility products on blockchain, employs over 700 employees worldwide, and its customers include financial institutions, governments, and law enforcement agencies.Alterya was founded in 2022 by Elad Fox (CEO) and Shachaf Gonen (VP of Technology). Fox is a veteran of technology and operational units in the Israeli Intelligence Service, and Gonen is a graduate of the Talpiot Program and served in…
The Pew Research Center released its latest Religious Landscape Study on Wednesday. This is the nonpartisan research center's third report of this kind on US religious identity, belief, and practice, conducted among a nationally representative sample of 36,908 respondents from July 2023 to March 2024.The study reveals that the percentage of Americans identifying as Christian has declined over the past few decades. 62% of US adults now identify as Christian, down from 78% in 2007 and 71% in 2014. However, this decline appears to have stabilized in recent years. "Other surveys by the Pew Research Center indicate that the…
Isrotel Hotel Chain announces the opening of reservations for its new urban hotel Gymnasia in Tel Aviv. The hotel, part of the ISROTEL DESIGN group, will be marketed jointly with the global Marriott network, as part of the successful collaboration between the two chains, which also exists at the Publica Hotel in Herzliya.Gymnasia Hotel is located on Montefiore Street in Tel Aviv, and it is the 6th hotel of the Isrotel chain in Tel Aviv and the Dan Region, as well as the 24th hotel of the chain in Israel.The expected opening date for Gymnasia Hotel is in March,…
(New York Jewish Week) — Opening a kosher restaurant in New York City wasn’t always in the cards for Raif Rashed, a Druze from the village of Usfiya in northern Israel.But as Rashed, the owner of Taboonia — a new Druze restaurant in the Garment District that’s currently seeking kosher certification — will be the first to tell you, sometimes life can take an unexpected turn, especially after a tragedy.An engineer by trade, Rashed, 40, moved to Hackensack, New Jersey, in 2019 to take a job at an Israeli manufacturing company. In October 2023, he was visiting family in…
Belgian author Herman Brusselmans was acquitted Tuesday by the Ghent Criminal Court of charges of Holocaust denial, racism, and incitement to hatred, despite outcry from Jewish organizations over his violent antisemitic remarks. The court ruled that his column in Humo magazine last August did not constitute a criminal offense, citing freedom of expression, as reported by VRT NWS.Brusselmans sparked widespread condemnation after writing in his column about the war in Gaza, “I get so furious that I want to ram a sharp knife through the throat of every Jew I meet.” He also described Prime Minister Benjamin Netanyahu as…
The trees abutting the road leading to Biriya Forest, a nature preserve in northern Israel, at first resemble spruces turning autumnal shades of red, a sight reminiscent of landscapes in America or Europe but rare in Israel.A closer look, however, reveals that the trees are only charred remnants — the devastating result of rocket-induced wildfires that destroyed thousands of acres of forest while Israel battled Hezbollah in Lebanon.Fires break out every year in this forest, which like many others across Israel was planted by the Jewish National Fund, known today as KKL-JNF — but they are usually brought under…
Sometime during the past year, a colleague in America told me that he couldn’t Zoom with me on a particular day, as he was traveling with his sons to New York City for a pizza crawl.“A pizza crawl?” I asked. “What in the world is that?” He explained that they would be visiting a number of pizza stores to rate them for taste, crust, and other criteria, all for fun. Indeed, it really did sound like fun, and I filed the idea for some day in the future. As many families do throughout the year, we too venture out from…