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Tel Aviv ranked as number one most expensive city

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Israeli city is named the world’s most expensive city above Paris and Singapore

Tel Aviv travel | Israel, Middle East - Lonely Planet

In a survey by the Economist Intelligence Unit, Tel Aviv has taken the top spot for the first time in the world cost of living ranking, jumping up from 5th place last year.

This rank pushes last year’s winner, the one and only glamorous city of Paris down to joint second with Singapore followed by Zurich and Hong Kong

Tel Aviv’s climb to the top is mainly due to the soaring value of Israel’s currency and supply-chain problems.

The Israeili city has also seen price increases for approximately one tenth of goods in the city.

These increases are led by the rise in price of groceries and transport in local-currency terms. 

The survey also found that Tel Aviv was the second most expensive city for alcohol and transport, fifth for personal care items, and sixth for recreation.

This comes as the rate of inflation is the fastest recorded over the past five years with data collected by the EIU in August and September showing that prices on average have risen 3.5% in local currency terms.

The EIU survey collects this data by comparing costs for goods and services in 173 cities with the US dollar. 

Tel Aviv’s mayor, Ron Huldai made it clear that this isn’t necessarily good news as he warns the rising property prices (not included in EIU’s index) could see the city ‘explode’

“The fundamental problem is that in Israel there is no alternative metropolitan centre. In the United States, there is New York, Chicago, Miami and so on… There you can move to another city if the cost of living is too onerous,” Huldai said in an interview with Haaretz newspaper.

Compared to last year, most US cities have fallen in the list after the government responded to the covid-19 pandemic by injecting more money into the economy. 

The war-torn city of Damascus in Syria maintained its spot in last place on the list, making it the cheapest city in the world.

Top five most expensive cities

  1. Tel Aviv
  2. Paris and Singapore in joint place
  3. Zurich
  4. Hong Kong

Top five cheapest cities

  1. Damascus
  2. Tripoli
  3. Tashkent
  4. Tunis
  5. Almaty

Source: EIU’s World Cost of Living index

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Trump and Netanyahu outline bold Middle East peace plan

Trump and Netanyahu unveil a Middle East peace plan; explore implications for hostages, ceasefire, and regional dynamics.

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Trump and Netanyahu unveil a Middle East peace plan; explore implications for hostages, ceasefire, and regional dynamics.


President Trump and Israeli Prime Minister Benjamin Netanyahu have unveiled a new plan to end the war in the Middle East. The announcement sets out an ambitious path that could reshape negotiations and redefine the region’s future.

In today’s episode, we explore what this plan means for hostages, the prospects for a ceasefire, and the risks of legitimising groups like Hamas. Rabbi Abraham Cooper of the Simon Wiesenthal Center joins us to break down the key messages and the global response.

Could this be a turning point, or just another failed attempt at peace? We look at the stakes for Jewish communities worldwide, the message it sends to other leaders in the region, and whether this moment rewards terrorism or sets a path for justice. Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#MiddleEast #PeaceDeal #Trump #Netanyahu #Hamas #Israel #TickerNews #GlobalPolitics


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Diddy sentenced to over four years for prostitution charges

Sean ‘Diddy’ Combs sentenced to over four years in prison for prostitution-related charges stemming from drug-fueled sex performances

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Sean ‘Diddy’ Combs sentenced to over four years in prison for prostitution-related charges stemming from drug-fueled sex performances

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In Short:
– Sean Combs sentenced to 50 months in prison for prostitution-related charges involving male escorts.
– Combs expressed remorse and plans to appeal the sentence, citing parental plea for leniency.
Sean “Diddy” Combs has been sentenced to over four years in prison following his conviction for prostitution-related charges.
The sentence of 50 months was handed down by U.S. District Judge Arun Subramanian in Manhattan federal court. Combs, aged 55, was found guilty after a jury determined he arranged for male escorts to travel across state lines for drug-fueled sexual performances with his girlfriends.Banner

Combs faced a maximum of 20 years but was acquitted of more severe charges, including racketeering, that could have led to a life sentence.

The allegations included claims that he coerced his girlfriends into participating in these encounters through threats and violence. Combs, who has been incarcerated since his 2024 arrest, is expected to appeal.

Emotional Statements

During the sentencing, Combs expressed remorse and stated he had learned his lesson. He acknowledged past abuses but maintained that the performances were consensual. His legal team argued for a reduced sentence of 14 months, citing his prior time served, while prosecutors advocated for a more extended sentence, highlighting the seriousness of the abuse.

Combs’ children also spoke during the proceedings, requesting leniency from the judge, stating that he had improved since his arrest. They pleaded for their father’s presence in their lives, with his daughter emotionally addressing the court.

The case has drawn significant media attention, marking Combs as a prominent figure facing serious charges in the entertainment industry.


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Hamas agrees to hostages release under peace conditions

Hamas agrees to release Gaza hostages contingent on peace agreement, as Trump urges Israel to halt bombings during negotiations

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Hamas agrees to release Gaza hostages contingent on peace agreement, as Trump urges Israel to halt bombings during negotiations

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In Short:
– Hamas is willing to release hostages but needs clarity on Trump’s peace plan.
– Negotiations continue, with Hamas requesting changes to disarmament and Israeli withdrawal terms.

Hamas has indicated a willingness to release the remaining hostages in Gaza, contingent on conditions linked to a broader peace agreement. The group’s response to mediators did not provide clarity on many aspects of President Trump’s 20-point peace plan.Hamas expressed gratitude for Trump’s peace efforts but sought specifics on issues like the timeline for Israeli withdrawal from Gaza and assurances regarding the cessation of hostilities.

Trump welcomed the dialogue, urging Israel to pause its military actions while negotiations progress, which may exceed the Sunday deadline he set for a deal.

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The group has agreed to release all prisoners associated with the occupation as part of Trump’s exchange proposal. However, Hamas maintains that discussions on Gaza’s future and the rights of the Palestinian populations require an inclusive Palestinian framework.

Reports suggest that 20 of the 48 hostages are still alive. Senior Hamas official Mousa Abu Marzouk stated that the group needs further negotiations before committing fully to Trump’s plan and indicated that releasing the hostages in 72 hours is unrealistic.

Ongoing Negotiations

Trump’s peace initiative aims for the release of all hostages and proposes a transitional governance board for Gaza. While Hamas has shown some willingness to support the plan, it insists on modifications, particularly around disarmament and the withdrawal of Israeli forces.

Complexities within Hamas’s leadership further complicate consensus on the deal, as previous U.S. attempts to persuade the group have faltered.


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