Europe

Yen Drops, Euro on Top

It is still far that Japanese opposition leader Shinzo Abe, who is unlimited monetary stimulus's advocate, could be predicted to win weekend elections. And, as per the revelations of a new report, Yen has again shown a plummet against the dollar.

Germany’s Neutral Stance Irks Israel

There has been a lot said about Germany's stand to remain neutral on the recent referendum on Palestine as a non-voting member of the United Nations General Assembly. It has apparently created friction between Israeli Prime Minister Benjamin Netanyahu and German Chancellor Angela Merkel.

Bigger Food Companies Easily Get Health Claim Display Permission

Out of 44,000 claims, the European Food Safety Authority (EFSA) has permitted only 241 claims to get displayed on food packages. Defying the decision, Glenis Willmott MEP said the rules help provide protection to consumers.

TASE Falls by 1.1% on Thursday

Tel Aviv Stock Exchange (TASE) fell by a 1.09% on Thursday to 1,230.88 points while the Tel Aviv-100 Index declined by 1.29% to 1,082.90.

The TechBlue 50 Index fell by 0.94% to 331.54 points. The decline is thought to be caused by the losses in the European markets. The Teva Pharmaceutical industries Ltd. fell by 3.5% after the strategic plan for it was published.

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