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Prime Minister Netanyahu announced plans to build two new international airports and approved a plan to rehabilitate Northern Israel, citing national infrastructure needs. Separately, dairy farmers have halted milk deliveries to protest a government reform plan they say threatens their livelihoods, prompting warnings of potential shortages; Finance Minister Bezalel Smotrich is involved in the discussions. In a separate legal matter, Israeli police detained a local mayor and several senior officials accused of embezzling donations intended for communities affected by the October 7 attacks.
The European Union's antitrust regulators approved Google's acquisition of the Israeli-founded cybersecurity company Wiz for $32 billion, marking the largest-ever acquisition of a tech company founded in Israel. Multiple airlines, including Biman, SIA, and Scoot, suspended or rerouted flights to the Middle East following military strikes by the US and Israel on Iran. Israeli authorities charged 12 people, including soldiers, with running a large-scale smuggling operation that moved millions of dollars worth of goods into Gaza; an expert stated most tobacco smuggled into Israel ends up in Gaza, and Israeli officials are reportedly looking at economic benefits from Gaza's reconstruction. Separately, the Netherlands' next government stated it will reduce arms deals with Israel, citing alleged war crimes. Emirates is expected to resume flights to Tel Aviv in early 2026, ending a two-year suspension.
5 topics | 74 sources
Prime Minister Netanyahu announced plans to build two new international airports in Israel, citing the need to address the country's infrastructure problems. The government also approved a plan to rehabilitate Northern Israel. Separately, dockworkers from across Europe and the Mediterranean are planning to strike. They are protesting wars and the flow of arms to Israel.
German shipping company Hapag-Lloyd, along with investment firm FIMI Funds, has agreed to buy Israeli shipping firm Zim for a reported $4.2 billion. The deal has raised national security concerns in Israel, with a Knesset panel flagging the sale to a foreign rival. Israeli workers at Zim went on strike in response to the news of the sale talks.
Dairy farmers in Israel have stopped delivering milk to protest a government plan to reform the dairy industry. The farmers say the changes will hurt their livelihoods, and the protest has led to warnings of potential milk shortages. The reform is a major political issue in Israel, with Finance Minister Bezalel Smotrich involved in the discussions. The situation highlights a broader debate about government policy, market control, and the future of farming in the country.
Israeli police have detained a local mayor and several senior officials. They are accused of embezzling donations that were intended for communities affected by the October 7 attacks.
12 topics | 179 sources
Feb 28 — Feb 27
Flights across the Middle East are suspended after US and Israel strike IranAirlines around the world have canceled or rerouted flights across the Middle East after the United States and Israel launched strikes on Iran. The disruptions have affected major hubs like Dubai, and services from airlines including Singapore Airlines, Scoot, and Air India have been suspended. At the same time, the price of gold has been fluctuating. It rose on safe-haven demand as tensions increased, but then fell when talks between the US and Iran showed progress. The price of oil also moved in response to the developments.