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Gad Lior

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

S&P affirms Israel’s credit rating at A with stable outlook

The world’s largest credit rating agency said its decision takes into account Israel’s continued security tensions and the economic impact of the war

Gad Lior | 05.09.26

Unemployment in Israel surges to post-COVID high as war with Iran jolts labor market

Israel job seekers surge to 396,000 in March amid war with Iran, as labor market tightens and unemployment spikes

Gad Lior | 05.03.26

Israel's economy needs fast, sharp interest rate cut

Analysis: Bank of Israel faces a high-stakes choice: boost growth with a bold rate cut or avoid risking a weaker shekel and renewed inflation

Gad Lior | 05.03.26

Fuel, milk, rent and flights: These are the price increases that will soon hit every Israeli

The war is over for now but the economy doesn't realize it: Gas will rise to 8.07 shekels per liter, regulated dairy products will go up 1%, rent prices are expected to rise in the coming months by at least 5%-6%; and air fares are climbing

Gad Lior | 04.30.26

Knesset panel advances expanded war compensation for furloughed workers, businesses

Under pressure from major business organizations, lawmakers advance expanded Iran war compensation, including 75% furlough pay for the first five days and more aid for northern businesses, aiming to make mechanism permanent for future emergencies

Gad Lior | 04.28.26

Israel approves first shekel-backed stablecoin for limited launch

Bits of Gold, a licensed financial asset service provider, will issue the coin under strict supervision, with full 1:1 reserves held in Israel and mechanisms for liquidity, redemption and regulatory reporting

Gad Lior | 04.27.26