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00:00 The Bank of America has spoken about a temporary closure of the Tel Aviv office.
00:10 The request from the employees of the idea of working from home did not only limit JP Morgan, but also included Mrs. Bangold, Man Sachs and Morgan Stanley to monitor the situation in Israel and take what is necessary after that.
00:25 The Logistics Department of the Bank of America said that there is a continuous work in the port to monitor the situation.
00:41 FedEx and the idea of transporting cargo and all that is necessary through planes or operations in general, FedEx and Sahm did not move much on the reality of these news.
00:57 UBS stopped all its operations and flights from and to Israel, and this is also related to the transportation of cargo.
01:06 As for the distribution sector, the companies that work there and the clothing companies in particular closed all their stores in Israel and reached 84 stores.
01:18 Also, if we look at H&M, the work was suspended in all its stores and Sahm H&M did not affect much on the reality of these operations.
01:28 The performance of the last two sessions was shown between the retreat and the rise. We are talking about the 9th and 10th sessions of October.
01:38 As for the issue of gas, it is one of the most important sources that Israel has relied on in the past period to strengthen its exports to Europe, especially with the abandonment of Europe of its needs for Russian gas or an attempt to abandon Russian gas and the refuge of other sources from the Middle East,
02:00 and Israel was committed to increasing and increasing its exports of coal to Egypt by about 60% or production by 60% in 2026.
02:12 However, Chevron, which manages coal, was in danger of the Ministry of Energy closing the coal and temporarily stopping production,
02:22 and thus the coal mine was closed by a request from the Israeli Ministry of Energy and Chevron owned 25% of this coal.
02:33 Also, if we look at the pharmaceutical sector, it did not affect much. Tifa has talked about a limited impact so far, and operations in Israel represent 8% of the global manufacturing for the company and 2% of its global revenues.
02:49 It is noteworthy that the sector that is mainly affected by foreign investments in Israel, namely the technology sector, is largely dependent on the technology sector and technology companies, especially those in the stock market, to obtain foreign money.
03:07 This sector is generally suffering from conflicts and instability. There was a summit of commitment to be held in Israel next week on artificial intelligence, and the CEO of Nvidia will speak about it.
03:25 However, this summit was canceled and it was decided to attend about 2,500 people at this summit, but it was canceled in Tel Aviv.
03:37 So, the companies that work in Israel, which are companies related to artificial intelligence and various sectors, continue to monitor the situation because of the Israeli rise in Gaza.