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October 7 Attack

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October 7 Attack: Profits Soar for 'Informed Traders', U.S. Researchers Reveal
economy2 years ago

October 7 Attack: Profits Soar for 'Informed Traders', U.S. Researchers Reveal

U.S. researchers from Columbia University and New York University have found evidence suggesting that "informed traders" profited massively from the Hamas-led attack on Israel on October 7. The researchers discovered a significant rise in short positions on Israeli companies and ETFs prior to the attack, indicating that these traders knew about the impending event. The study revealed that these traders made substantial profits, with one example showing a short position on Bank Leumi resulting in $863 million in profits. The researchers are now exploring the application of securities law to this case.

UN Women Condemns Hamas's Weaponization of Sexual Violence in Israel-Hamas War
international-affairs2 years ago

UN Women Condemns Hamas's Weaponization of Sexual Violence in Israel-Hamas War

UN Women, the United Nations body for gender equality and women's empowerment, has condemned Hamas for the sexual violence and gender-based atrocities committed during the October 7 attack in Israel. The organization called for a thorough investigation and prosecution of these crimes, emphasizing the rights of the victims. UN Women had previously faced criticism for not addressing the issue, but has now expressed its alarm and support for impartial investigations. The agency's silence had led to accusations of a double standard regarding Israel, prompting online campaigns and calls for action.