ARK Israel Innovative Technology ETF

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$27.26

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$27.26

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$27 - $27.41

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15097

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Q4 earnings revealed a tale of two markets in the U.S., with tech and internet players hitting home runs as other sectors and industries played small ball in comparison.

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On Thursday, the Biden administration took a significant step by imposing sanctions on four Israeli individuals, alleging their involvement in settler-related violence in the West Bank. An executive order, enacted by the U.S. administration, seeks to apply penalties to Israeli settlers operating in the West Bank, an area where Palestinians envision establishing a prospective state in the future. “The situation in the West Bank has reached intolerable levels, in particular high levels of extremist settler violence, forced displacement of people and villages, and property destruction, and constitutes a serious threat to the peace, security, and stability of the West Bank and Gaza, Israel, and the broader Middle East region,” President Joe Biden stated. These actions pose a serious challenge to the viability of a two-state solution and the pursuit of equitable security, prosperity, and freedom for both Israelis and Palestinians, Biden added. The White House notes that this action serves as a clear indication of the United States’ increasing dissatisfaction with the policies of Israeli Prime Minister Benjamin Netanyahu. The executive order singles out four individuals, as specified by the State Department, who are alleged to have been directly involved in acts of violence or intimidation within the West Bank. The four individuals identified by name in the order are David Chai Chasdai, Einan Tanjil, Shalom Zicherman, and ...Full story available on Benzinga.com

Related tickers: ISRA, IZRL.

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