H eadlines
ISRAELBRIEFS Shekel Reaches All-time High
THE SHEKEL REACHED its strongest level ever, as per the
Bank of Israel’s nominal effective rate, which measures the
shekel against a basket of currencies of the nation’s major trading
partners, Globes reported.
Globes said Israeli consumers should be able to find good
prices on overseas e-commerce sites, although supply chain
problems worldwide might impact that to some extent.
But Prico Risk Management Investments CEO Yossi Fraiman
said the news isn’t as good for the nation’s exporters.
“Among the reasons for the shekel’s strength is lively activity on
the part of financial institutions reducing their currency exposure,
resulting in surplus supply of foreign currency,” he said.
The Bank of Israel has reduced the amount of foreign currency
it buys to moderate the strengthening of the shekel, Globes said.
10,000 Participate in Climate March
About 10,000 people gathered in Tel Aviv on Oct. 29 participated
in the annual climate march titled “The leaders have run out of
time,” The Jerusalem Post reported.
Environmental organizations including the Society for the
Protection of Nature, Green Course, Greenpeace and the Israel
Union for Environmental Defense participated in and led the
march. Protesters displayed signs and banners. Some sought change
from the government, others sought public change and still
others warned of what might happen if there wasn’t change.
“We are marching for the preservation of nature and our
future,” SPNI CEO Iris Hann said. “Our health as human beings
is directly linked to, and dependent on, the health of our nature.”
Remains of IDF’s First Fallen Paratrooper Returned from
Czech Republic, Buried at Mount Herzl
The remains of the Israel Defense Forces first fallen paratrooper
were repatriated to Israel from the Czech Republic on Oct. 27
and buried the next day, The Jerusalem Post reported.
The burial ceremony for Pvt. Martin Davidowicz occurred
at Mount Herzl Military Cemetery in Jerusalem, led by senior
Defense Ministry officials, IDF officers and family members.
Davidowicz was born in Czechoslovakia in 1927 and sent
to Auschwitz in 1943. After surviving the Holocaust, he joined
the Czech Brigade. During the War of Independence in 1948,
Czechoslovakia hosted the first paratroopers training course.
In the program’s third week, Davidowicz was accidentally
shot and killed by a Czech officer, who said he thought his
weapon wasn’t loaded during an exercise.
Lebanese Villagers Allowed into Israel to Pick Olives
Despite technically being at war with Lebanon, Israel said on
Oct. 25 that it was opening its border to Lebanese agricultural
workers to pick olives, The Times of Israel reported.
“In light of the economic situation in Lebanon, and as a
gesture of goodwill to the Lebanese people, the IDF opened the
border to agricultural workers from Al Jabal, Itaron and Balida,”
an Israel Defense Force statement read.
Tensions began escalating between the two countries in
August when Israel conducted its first airstrikes on Lebanese
territory in seven years, and Lebanese terror group Hezbollah
claimed a direct rocket attack on Israel for the first time
since 2019. l
— Compiled by Andy Gotlieb
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