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Down and out: How 5 months of genocidal war on Gaza paralyzed Israeli economy

The five months of Israeli war on Gaza have not only triggered widespread protests worldwide but also paralyzed the regime’s economy, bringing to a halt all major businesses.

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Japan Ends Ties with Elbit over Gaza War, Cites ICJ Order at The Hague | The Jewish Press - JewishPress.com | Hana Levi Julian | 29 Shevat 5784 – Wednesday, February 7, 2024

Japan Ends Ties with Elbit over Gaza War, Cites ICJ Order at The Hague | The Jewish Press - JewishPress.com | Hana Levi Julian | 29 Shevat 5784 – Wednesday, February 7, 2024
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Belgian Region Follows Japan - No More Munitions to Israel

The Wallonia regional government in Belgium has suspended licenses to export munitions to Israel after the ICJ ruled against it.

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We No Longer Ship Weapons to Israel - Spain

The Spanish Foreign Minister declared on Tuesday that Spain has suspended all arms exports to Israel since the start of the war.

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UPDATE 1-Itochu books $843 mln loss from selling stake in Colombian coal mine

By Reuters Staff (Recasts with sale of coal asset, earnings and CFO comments) TOKYO, Feb 4 (Reuters) - Japanese trading house Itochu Corp said on Thursday it has booked an one-off loss of 88.6 billion yen ($843 million) in the April-December period from a sale of its stake in a coal mine in Colombia to its partner Drummond. The Japanese company flagged the sale last month when it unveiled a plan to exit the thermal coal business, selling its stakes in mines in Columbia and Australia by March 2024, to promote decarbonisation. The 88.6 billion yen loss was only on a parent-company basis, which excludes its subsidiaries, and was not reflected in the group’s consolidated earnings.

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