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Israel weighs blocking ZIM deal after surprise sale

Israel weighs blocking ZIM deal after surprise sale

Israel's Shipping and Ports Authority and Transportation Ministry were surprised by the scope and structure of the sale, structured in a way that makes it significantly more difficult for the state to block the deal, particularly given reported ties involving Qatar and Saudi Arabia which have drawn political attention in Jerusalem.

Iran: Ready to compromise, zero enrichment not for negotiation

Iran: Ready to compromise, zero enrichment not for negotiation

Iranian Deputy Foreign Minister Majid Takht Ravanchi said in an interview that “the ball is in America’s court to prove that it seeks an agreement,” and while confirming that another round of talks will take place and describing the discussions as positive, he added: “If we feel it is an existential threat, we will respond accordingly.”

ZIM sold in $3.5B deal, to be delisted from Wall Street

ZIM sold in $3.5B deal, to be delisted from Wall Street

The company was sold overnight in a deal worth more than $3.5 billion. ZIM will be delisted from Wall Street, and its operations will be split between shipping lines that operate to and from Israel and international routes that do not call at Israeli ports. The company was founded by the Jewish Agency before the establishment of the State of Israel as ZIM Palestine Navigation Company and was privatized in the 1990s.

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