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Economy
Big spaces, bigger dreams: the city taking over Tel Aviv's real estate crown
Most Israelis opt for 3-bed units CBS data shows; A survey of the first quarter of 2024 shows most larger 4, 5, bedroom apartments are being built in the less expensive city of Lod while high costs prompt developers to offer smaller homes in Tel Aviv
Hila Tsion
|
06.29.24
Can the US dollar save the Israeli economy?
Opinion: Israel's high-tech industry is its economic engine; boosting demand for tech exports crucial, especially with strong dollar; weaker dollar makes products more affordable globally, driving exports and revenue, aiding post-war recovery and averting budget cuts
Ariel Abraham
|
06.12.24
Israelis are shopping more because they aren't traveling, but this is not an economic boom
As war continues, Israeli mall companies all show an impressive increase in sales and profits; experts say this is because Israelis are flying abroad less and do all their shopping here; 'The skies are not as open as before, and we see and feel the impact'
Navit Zomer
|
05.26.24
Rising campus antisemitism poses an economic threat to Israel. Here are some strategic solutions.
Opinion: The current climate of antisemitism on campus reflects concerning trends among the new generation; It is time to change the way people think about Israel and Jewish people, instead of shutting down campus until the next explosion
Dr. Amit Serusi
|
05.06.24
Learning from Deaton: can Israeli economics break free from failed models?
Israel, which is under an economic, security and social crisis, has been making the same mistakes for twenty years, so what needs to be changed?
Amit Ben-Tzur
|
04.15.24
Fitch maintains Israel's A+ credit rating, removed it from negative watch list
Credit firm says risks to credit profile have broadened amid Gaza war and their impact may take longer to asses; Fitch changes Israel's score from stable to negative
Gad Lior
|
04.02.24
Israeli Nobel Prize-winning economist Prof. Daniel Kahneman dies at 90
In 2002, Prof. Kahneman became the fifth Israeli to win the Nobel Prize for his pioneering work in behavioral economics; in 2013, he was awarded the Presidential Medal of Freedom by Obama; colleagues remember him as a visionary
Yaron Drukman, Daniel Edelson, New York
|
03.27.24
There is an economic benefit to daylight saving time
Extra hour of daylight every day starting from this coming weekend for 7 months will lead to significant energy savings for both industries and households; Additionally, it will boost demand for leisure, entertainment and tourism
Gad Lior
|
03.25.24
Israel's chief accountant heads to London to stem financial downgrade tide
Defending Israel's economic stability, Accountant-General Yali Rothenberg plans to meet with economists from 2 leading rating agencies in UK capital; he will contend Moody's decision to downgrade Israel's rating premature, government implemented measures to prevent further decline
Gad Lior
|
02.12.24
Smotrich waves off Moody's decision to lower Israel's credit rating
Finance Minister calls the rating company's decision a 'complete political manifesto' and insists Israel's economy is strong enough to support the war and continue growing
Gad Lior
|
02.11.24
Moody's expected to lower Israel's credit rating, Ynet learns
Credit firm to publish report in coming days after concerns Israel failing to take necessary steps to curb growing deficit, continues to allocate funds to unproductive sectors; fears exit from local economy of international companies, local financiers, cash
Gad Lior
|
01.20.24
Cost of war will inevitably shift national focus
Analysis: While it is not officially addressed, it's becoming clear that the outrageous financial cost of running this war is more than the IDF has estimated - and that's without taking a potential full-scale confrontation with Hezbollah into account; the Israeli economy is already feeling the heat
Yossi Yehoshua
|
12.26.23
Government approves revised 2023 budget with contentious coalition funds in place
Gantz storms out of Cabinet meeting, accuses Netanyahu of breaking promises to reduce discretionary spending instead of addressing war necessities; Smotrich downplays disagreements as mere nuances, urging for united front
Itamar Eichner
|
11.28.23
Cost of war estimated in the billions, economy in the south would need years to recover
Officials in the Finance Ministry say entire communities destroyed with homes, infrastructure and agricultural fields burned, some beyond repair and future revenue loss to be felt far into the future
Gad Lior
|
10.11.23
Dollar strengthening around the world, and against the Israeli shekel
Strengthening of the dollar is attributed to recent positive economic data from the US economy; while in Europe, although inflation has indeed decreased significantly, there is still a looming threat of stagnation on the continent
Gad Lior
|
10.03.23
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