In response to the Israeli air strike on Iran last week, oil prices rose about 10 per cent on the international commodity markets, which, in turn, raised gas prices in the US. This is not good news for the Trump administration, as so far it has been served well by low gas prices and favourable monthly inflation reports.
‘These attacks fall perfectly in line with President Trump’s new strategy in the Middle East, pursuing peace through strength by utilizing and increasing cooperation with Israel and the Gulf states…Trump has made it clear that he expects other states in the region to increase their share of the burden in providing regional security as he plans to shrink the U.S. military presence in the area.’
Israel launched a sweeping preemptive airstrike on Iran early Friday, targeting nuclear and military sites, as tensions between the two nations reached a boiling point. Tehran has vowed a harsh response, while Israel braces for a potentially prolonged war.
The Gaza war and Israel’s harsh tactics have damaged the Jewish state’s international reputation. Despite Israel’s right to self-defence, antisemitism has intensified globally. Recognizing this new threat, Israel is seeking new allies—and has already found one in Hungary.
7 October 2023 will go down in Jewish history as the second Holocaust—or at least, this is how many Israelis feel. The day has irreversibly changed their lives, and Israeli society is gradually processing the catastrophe. Read our on-site report on the security situation in the Jewish state—and how it is perceived.
European Commissioner for Intergenerational Fairness, Youth, Culture and Sport Glenn Micallef has proposed the exclusion of athletes from a country engaged in a legitimate war of self-defence against a terrorist organization. The EU was preparing further measures against Israel, although Hungary intervened.
‘This does not ruin the research activities of “Lantos” in his civilian life, nor does it detract from his achievements as a historian. It merely points to the fact that even the most prominent public figures were sometimes “found” by state security, and some of them, for one reason or another, said yes to collaboration—even if the candidate was Jewish and the target was the State of Israel.’
What is the message of the Washington, DC shooting? Will Israel change the course of its military operation in Gaza under international pressure? And why is Hungary an important ally for Israel? We asked Israel’s new ambassador to Hungary about the storm clouds gathering over the Jewish state.
Following a vote by a vast majority, Hungary can now officially withdraw from the International Criminal Court (ICC), whose decision to issue arrest warrants for Israeli political and military leaders is facing growing scrutiny.
Budapest-based Danube Institute and the Israeli SIGNAL Group co-organized a conference on the India–Middle East–Europe Corridor (IMEC)—an alternative transport route proposed in 2023 by G20 countries to link Asia to Europe while countering China’s Belt and Road Initiative. Experts and policymakers argued that IMEC could represent a new vision of multipolar cooperation, economic resilience, and strategic autonomy.