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Gad Lior
S&P economist initiate talks to rate Israel's credit
Global ratings firm to talk with Governor of the Bank of Israel, Finance Minister, Accountant General , Head of the Budget Department, and other senior officials to determine their decision
Gad Lior
|
04.09.24
12-year-old TikTok star opens self-employment file with Tax Authority, surprising officials
Jonathan Grosman, who is known for his entertaining interviews on social media, has become the youngest business owner in Israel; 'The number of people who have turned to me for business collaborations has increased greatly. Influencers earn tens of thousands of shekels from creating content'
Gad Lior
|
04.08.24
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
American military aid procurement might be in jeopardy, economy officials say
Israel-America Chamber of Commerce officials say that in the near future the U.S. might completely disallow converting hundreds of millions of dollars of aid money from to NIS, preventing the purchase of Israeli-made military products and services altogether
Gad Lior
|
03.29.24
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
Shekel slips against dollar and euro
Both dollar and euro appreciate by 0.5%, with greenback nearing 3.60 shekels and single currency trading around 3.93 shekels; analysts believe Bank of Israel unlikely to cut interest rates in upcoming April decision
Gad Lior
|
03.11.24
After Moody's, Fitch set to downgrade Israel's credit rating
Two weeks after Moody's lowered Israel's credit rating to A2 for the first time, American credit rating agency Fitch ready to do the same; Israel's Accountant General Yali Rothenberg travels to London to meet with the agency's economists to discuss their decision
Gad Lior
|
02.22.24
Israel's GDP shrinks in last quarter of 2023 amid Gaza war
Israel’s Central Bureau of Statistics releases new report showing growth per capita dramatically decreased while deficit continues growing
Gad Lior
|
02.19.24
Moody's downgrades ratings of Israel's five largest banks
Following downgrade of Israel's credit rating, firm also lowers ratings of 5 major Israeli banks to A3, citing concerns about government's ability to support financial institutions
Gad Lior
|
02.14.24
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
What led Moody's to cut Israel's credit rating and how will it affect us?
Following warnings, Moody's becomes first international rating agency to downgrade both Israel's credit rating and future outlook; here are some questions and answers about the decision and its underlying causes
Gad Lior
|
02.11.24
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
In first, Moody's lowers Israel's credit rating from A1 to A2
International credit rating company alters its outlook on Israel to negative despite attempts made by officials to fend off the move; downgrade expected to lead to serious economic impact
Gad Lior
|
02.10.24
Government tense ahead of Moody's decision on Israel's credit rating
Finance Ministry officials say Israel's economy stable and appeal to credit rating agency's representatives pointing to budget reallocations to combat large deficit for 2024
Gad Lior
|
02.08.24
Bank of Israel backs freezing settlers' accounts
National bank says in statement that circumventing international policies may introduce risk to Israeli banks and the entire market as a whole; Smotrich, Ben-Gvir object
Gad Lior, Elisha Ben Kimon
|
02.05.24
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