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Gad Lior

Tel Aviv stocks slide as Iran fighting resumes

TA-35 and TA-125 fall after missile fire and Wall Street tech losses, though early drops ease as analysts urge perspective after US rally

Gad Lior | 06.08.26

Iran-Israel fighting rattles shekel, lifts oil

Dollar jumps to 2.96 shekels and oil rises 3% as renewed conflagration fuels market volatility after rare Bank of Israel forex intervention

Gad Lior | 06.08.26

Bank of Israel intervenes in forex for first time since pandemic

Official says central bank bought $801 million in May to counter irregular forex activity, not steer the shekel, as brokers report another possible intervention

Gad Lior | 06.07.26

היערכות משטרת ישראל בתל אביב לערב ראש השנה

OECD: Israel deficit to hit 5.3% in 2026, growth to surge to 5.6% next year

Israel’s economy is set to slow sharply this year as war costs widen the deficit, but the OECD expects a powerful 2027 rebound driven by construction, consumption and lower inflation, while warning that renewed fighting remains the key risk

Gad Lior | 06.03.26

'Not a single dollar left': demand for foreign currency soars after Bank of Israel rate-cut signal

Currency exchange operators report a surge in Israelis buying foreign currency, driven first by favorable exchange rates ahead of summer travel and more recently by central bank chief’s signal another interest rate cut may be near

Gad Lior | 06.03.26

That package you ordered from abroad just got more expensive: VAT exemption back to $75

The Knesset cancelled the $130 VAT exemption last night, bringing Israel’s $75 limit back; Overseas packages above that amount will now face 18% VAT at customs.

Gad Lior | 06.02.26

Starting at midnight: gas prices to drop sharply

Price of 95-octane gasoline drops to 7.80 shekels per liter after a stronger shekel and lower global fuel prices, Energy Ministry says

Gad Lior | 05.31.26

Tax Authority to preapprove every invoice over NIS 5,000

Invoices reform expands June 1 in crackdown on fictitious invoices; what businesses must do, what happens if approval is denied and who is affected

Gad Lior | 05.28.26

Hit by the tech layoff wave? Avoid these unemployment mistakes

Workers used to high salaries may find unemployment benefits far lower than expected, with caps, age-based limits, waiting periods and deductions shaping how much money actually reaches their bank account

Gad Lior | 05.28.26

Rate cut, war easing — so why is the dollar still sinking?

Dollar falls below 2.86 shekels as traders bet the Bank of Israel will avoid intervention, lowering import costs and likely bringing relief at the pump

Gad Lior | 05.26.26

Bank of Israel faces high-stakes rate call as risks pile up

Central bank weighs rate cut despite April inflation spike, Iran war fears and election uncertainty as Israelis rush to buy dollars amid shekel surge

Gad Lior | 05.24.26

Veteran Israeli journalist and Holocaust survivor Raul Teitelbaum dies at 94

Teitelbaum, who wrote as Israel Tomer, survived Bergen-Belsen, immigrated in 1949, served in the IDF and spent decades covering economics and the Knesset before lighting a Yad Vashem torch in 2018; funeral set Thursday

Gad Lior | 05.20.26

World's biggest sporting event: The 2026 World Cup has become a $41 billion growth engine

The international soccer tournament opening next month in the US, Canada and Mexico will be the largest sporting event in history; With 48 teams representing 62% of global GDP, it is expected to spark a digital revolution and break internet consumption records

Gad Lior | 05.18.26

Israel's inflation flares in April as gas prices hit households

Consumer prices jumped on higher gas costs, but annual inflation remains within target as markets expect a Bank of Israel rate cut

Gad Lior, Hila Tsion | 05.15.26

Israel eyes nixing Eilat VAT exemption, retirement age hike to 70 in sweeping treasury plan

The 2027-2032 plan also weighs pension changes, cuts to tax breaks, a mileage tax, ministry closures and major investment in health, education and infrastructure

Gad Lior | 05.13.26