Economics
Israel has become the largest buyer of Azerbaijani oil
Baku revealed that in January 2024, Israel emerged as the top buyer of Azerbaijani oil, purchasing 523.5 thousand tons of oil, valued at $297 million.
Elbit Systems to supply armored vehicle systems to European customer in $300 million deal
Elbit Systems is the primary provider of the Israeli military's land-based equipment and unmanned aerial vehicles
Government to allocate 170 million NIS for Aliyah program
An allocation of 170 million NIS was approved to finance the "Af Al Pi Hen" Aliyah program.
Delayed budget submission may lead to automatic spending cuts
The government is expected to implement across-the-board cuts to all state budget items due to delays in presenting the 2024 budget to the Knesset.
Germany's defense budget could surge to 3.5%, says Boris Pistorius
Pistorius suggested that Germany could potentially increase its defense budget to 3-3.5% of GDP if necessary.
18 NATO states boost defense budgets to 2% of GDP
NATO Secretary General Jens Stoltenberg announced that 18 out of the alliance's 31 member states are set to increase their defense budgets to 2% of GDP in 2024.
Northern Israel evacuation costs reach 2.3 billion shekels
Since the start of the war, the state has evacuated 61,000 residents from settlements near the Lebanese border.