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Teva Pharmaceutical Loses Third of Its Value In Two Days

Trade at the Tel Aviv Stock Exchange opened Sunday with a sharp downturn, with Teva Pharmaceutical’s shares dropping by 18% and dragging the leading indices with it. Read more

19 Israelis Arrested In Fraud and Money Laundering Probe

Nineteen people were arrested by the Israel Tax Authority on Monday on suspicions they were involved in fraud, tax violations and money laundering to the tune of 200 million shekels ($51.8 milion). Read more