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US ratings agency Fitch says ongoing war in Gaza is ramping up Israel's military spending while threatening tourism and production in border areas

Fitch Downgrades Israel Citing War In Gaza

US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict against Hamas in Gaza could last "well into 2025" and weigh on economic activity.
Israel Gaza war

Israel Agrees To Resume Gaza Truce Talks Next Week

Israel has agreed to resume Gaza ceasefire talks on August 15 at the demand of US, Qatari and Egyptian mediators, Prime Minister Benjamin Netanyahu's office said on Thursday, as regional tensions skyrocket over the war.
Israeli Prime Minister Benjamin Netanyahu speaks at the state memorial for Zionist leader Zeev Jabotinsky at Mount Herzl Military Cemetery in Jerusalem, on August 4, 2024

Netanyahu 'Sorry' October 7 Attack Occurred

Israeli Prime Minister Benjamin Netanyahu said in an interview published Thursday that he was "sorry" that Hamas was able to carry out its October 7 attack, without explicitly taking responsibility.
People protest in the southern Lebanese city of Saida against the killing of Hamas chief Ismail Haniyeh and Hezbollah military commander Fuad Shukr

Hamas Names Sinwar New Chief As Region Braces For Iran Retaliation Against Israel

Hamas on Tuesday named Yahya Sinwar, the man Israel says masterminded the October 7 attack that sparked the Gaza war, as its new political chief following last week's killing of his predecessor Ismail Haniyeh. The announcement came with the Middle East on edge as it awaited Iran's retaliation over the killing of Haniyeh in Tehran.
People inspect the damage after Israeli bombardment of the al-Shati refugee camp in Gaza City on June 22, 2024

Israeli Army Orders Evacuation Of Battle-torn Gaza City

Israel's army dropped thousands of leaflets over war-torn Gaza City on Wednesday urging all residents to flee a heavy offensive through the main city of the besieged Palestinian territory. The leaflets, addressed to "everyone in Gaza City", set out designated escape routes and warned that the urban area would "remain a dangerous combat zone".
Flares fired by the Israeli military, seen from Deir al-Balah in the central Gaza Strip

Israel Pounds Gaza After Evacuation Order

Witnesses reported intense bombing and shelling around Khan Yunis, southern Gaza's main city from which Israeli forces withdrew in early April after a devastating months-long battle.

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