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Gad Lior
Netanyahu assures funding of Arab sector after minister's comments
Finance Minister Bezalel Smotrich says money for Arab municipalities finds its way to crime gangs through extortion and intends to establish team to ensure it is not used for incitement to terror, prompting anger and accusation of racism
Moran Azulay, Gad Lior, Roni Green Shaulov
|
08.09.23
Israeli stocks show signs of recovery after 2-day slump
Despite warnings from rating agencies and leading banks about the effects of the judicial legislation on Israel's economy, the main indices on the stock exchange were up by 1%-2% but the shekel remains weak
Dan Raban, Gad Lior
|
07.26.23
Moody's releases special report: 'Judicial reform legislation will lead to negative consequences for Israel's economy'
A day after first judicial overhaul bill passes in Knesset, the credit rating agency published an unscheduled report for investors, which warns against investing in Israel; Also, investment bank Morgan Stanley said: 'Uncertainty regarding the state of the Israeli economy in the coming months'; Netanyahu and Smotrich respond: 'When the dust settles, it will become clear that Israel's economy is very strong'
Gad Lior
|
07.25.23
Israeli economy braces for judicial overhaul ripple effects
Local stock and foreign exchange markets plunge immediately after passing of first judicial reform bill, but is this just the beginning? Why might the canning of the reasonableness clause drive away investors and foreign companies? How are rating agencies expected to react, and what are the chances of seeing further strikes?
Gad Lior
|
07.25.23
Shekel tanks, markets in red as coalition stalls critical vote impacting judicial overhaul
The opposition claims Netanyahu's decision to postpone voting on lawmakers for the panel to select judges, is a ploy to appease proponents of his judicial legislation and say negotiations to find agreements will end
Gad Lior
|
06.14.23
Shekel bounces back after months of uncertainty on judicial reform
Israeli currency rallies against other global currencies and recovers some of its value after months of gradual bleeding
Gad Lior
|
06.06.23
High-tech job vacancies decrease, data shows
Israel’s Central Bureau of Statistics finds the upward trend of job vacancies in the high-tech sector is over after two years of the COVID-19 pandemic, but other fields in the Israeli market see increase in open positions
Gad Lior
|
05.18.23
Should Netanyahu intervene in Israel's economic crisis?
Opinion: With the Israeli economy seemingly headed straight for a financial iceberg, it is time for the prime minister—who was once one of Israel's greatest finance ministers—to step in and steer the economy back to a safe harbor
Gad Lior
|
05.16.23
Israeli unemployment rate drops to 3.1%
Data shows jobseekers jump at opportunities amidst economic concerns, despite reticence emanating from job location, salary expectations, working hours and even language barriers
Gad Lior
|
05.16.23
Inflation shocker: Core rates in Israel soar past predicted levels
While inflation numbers in most countries around the world are seeing a decline, Israel sees an opposite trend, with consumer price index up 0.8% in April and core inflation at 5% year-on-year
Gad Lior, Hila Tsion
|
05.15.23
IMF slashes Israel's growth forecast amid judicial reform turmoil
IMF says to reduce economic uncertainty, a significant political solution is required, adds that Israel's economic performance in 2022 was commendable, as growth reached a high rate of 6.5%
Gad Lior
|
05.11.23
Moody's decision to cut Israel's credit outlook is not a mere bump in the road
The rating agency's economists left no doubt as to the reason for lowering Israel's forecast; while praising the previous government, they provided a detailed critique of the hasty legislative process of the current government's legal reform, and its detrimental effects on all citizens; however, they stressed that it’s not too late to change course
Gad Lior
|
04.16.23
Bank of Israel warns judicial reform could cost Israeli economy tens of billions a year
Central bank says lose to economy could reach as high as NIS 47.6 billion ($13.3 billion) annually over the next three years, raises benchmark interest rate to 4.5% - its highest level since 2007
Gad Lior
|
04.03.23
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