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Gad Lior

Drivers get High Holiday relief as gas prices set to fall after August spike

Pump prices are expected to fall about 25 agorot per liter Monday night as oil prices ease, though August’s surge may still keep inflation high enough to delay another rate cut

Gad Lior | 08.27.26

The workers who built Israeli industry are retiring. Who will replace them?

Some 41,600 industrial workers who arrived in Israel during the 1990s immigration wave from the former Soviet Union are now 55 or older, raising fears of a major loss of skilled labor and decades of accumulated expertise

Gad Lior | 08.27.26

For your eyes only: what do Israel’s soldiers, spies and police really earn?

Finance Ministry data show junior IDF pay jumped 17% in two years, civilian employees averaged NIS 22,926 a month and major generals topped NIS 73,000; but how much do Mossad and Shin Bet staff earn?

Gad Lior | 08.26.26

Month of reserve duty costs Israel up to $23,000 per soldier

Treasury report finds the burden falls overwhelmingly on non-Haredi Jewish men ages 25-44, who tend to earn more, have young children and are more likely to be students than their peers

Gad Lior | 08.25.26

Haredi children: No daycare subsidies for them if their father is a draft dodger

Draft evaders will no longer receive daycare subsidies, even if they are employed

Family in which father is defined as IDF deserter won't be eligible for subsidy even if he is employed, self-employed or salaried, presents pay stubs and pays taxes; All yeshivas harboring draft dodging students will not be able to grant donors tax deductions

Gad Lior, Shilo Freid | 08.24.26

מתוך הסרטון של בנימין נתניהו ובצלאל סמוטריץ'

Netanyahu’s spending spree leaves the next government facing austerity

Years of war spending, budget overruns and vast new defense commitments leave the next government facing tax hikes, canceled exemptions and billions more needed for health, education, welfare and infrastructure

Gad Lior | 08.23.26

Budget ceiling will be breached so defense can receive additional 25 billion shekel

Despite Knesset recess, Netanyahu and Smotrich agreed to fund urgent purchase of weapons and ammunition for the IDF; Must receive attorney general's approval, and votes in the Finance Committee, plenum and government; Opposition claims it's 'election economics'

Gad Lior | 08.19.26

Israel redirects Intel funds in urgent 1 billion shekel boost to buy munitions

Government approves emergency transfer for immediate military procurement, with 850 million shekels coming from funds earmarked for Intel’s frozen southern Israel plant and another 150 million shekels from budget decisions that have not been implemented this year

Gad Lior, Moran Azulay | 08.09.26

Israel gas price set to surge to near historic high at 8.09 shekels per liter

The increase, driven by higher global gasoline prices and a stronger dollar, takes effect at midnight, with full-service fueling costing an additional 25 agorot per liter

Gad Lior | 07.30.26

Israel property tax hikes could reach 33% in 2027

Municipalities seek increases beyond the automatic 3.05% adjustment, with Nazareth requesting the steepest rise for homes and businesses

Gad Lior | 07.30.26

Stock market showdown: who wins the IPO war for Israel’s defense giants?

Israel’s public companies association urges the government to list IAI and Rafael in Tel Aviv, warning that Nasdaq IPOs would sideline local investors from a defense boom worth billions

Gad Lior | 07.26.26

Israel gas prices set to spike as oil edges toward $100 a barrel

The price of 95-octane gasoline is projected to rise by 25 to 30 agorot to about 7.75 shekels per liter as Iran war restricts oil traffic through the Strait of Hormuz and the dollar strengthens against the shekel

Gad Lior | 07.23.26

What Israel’s last-minute economic reforms mean for your wallet

A final Knesset legislative sprint approved measures targeting costly business loans, telephone scams, US imports, housing and construction waste, while major transport, open-banking and tax reforms were sidelined by political legislation

Gad Lior | 07.19.26

Israel’s inflation hits lowest level since 2021 at 1.6% as home prices plunge

June consumer prices were unchanged, while apartment prices fell 1% over two months and 2% annually, though rents rose sharply for new tenants

Gad Lior, Hila Tsion | 07.15.26

Moody’s keeps Israel’s credit rating unchanged at Baa1 with stable outlook

The agency says Israel’s economy has remained resilient despite geopolitical shocks and forecasts 3.7% growth in 2026 and 5% in 2027 if ceasefires with Iran, Hezbollah and Hamas hold

Gad Lior | 07.15.26