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Gad Lior

סניף בנק לאומי ברחוב פנקס בתל אביב
Israeli bank blocks active UNRWA bank account
Leumi Bank issues a letter to the UN agency saying that following recent events, suspicions emerge that funds directed from the bank are used to pay for terror in Gaza
Gad Lior | 02.05.24
סמוטריץ' בוועדת הכספים חרבות ברזל
Finance Ministry scrambles to avoid Moody's downgrade of Israeli economy
In recent days, finance officials, including Finance Minister Bezalel Smotrich, have engaged in discussions with economists from the international agency in an effort to persuade them against a rating downgrade; The decision is anticipated to be announced in February
Gad Lior | 01.30.24
דיון על תקציב 2023 בוועדת הכספים
Ezra Gardner and Varana Capital are on a mission to save Israeli tech ecosystem
In a special committee discussion, director of an American foundation investing in Israel clarified: 'What's happening here is a crash, it's slow, so no one is taking any action, but every passing day, companies are burning more money, and eventually, in 6-12 months, an entire cycle of innovation will collapse
Gad Lior | 01.30.24
ישיבת הממשלה ביום ה-93 למלחמה
Moody's expected to lower Israel's credit rating, Ynet learns
Credit firm to publish report in coming days after concerns Israel failing to take necessary steps to curb growing deficit, continues to allocate funds to unproductive sectors; fears exit from local economy of international companies, local financiers, cash
Gad Lior | 01.20.24
טקס פתיחת הקו האדום של הרכבת הקלה
A war on credit: S&P downgrades Israel's rating forecast as Gaza war rages on
Since the war erupted, Israel has been placed under surveillance by two rating agencies, and now S&P has declared a change in the rating forecast from "stable" to "negative". However, the credit rating itself remains at AA-
Gad Lior | 10.25.23
טקס פתיחת הקו האדום של הרכבת הקלה
Due to war, Israel's Fitch credit rating stands at 'Rating Watch Negative'
Announcement indicates that if the security situation deteriorates Fitch may lower Israel's A+ credit rating; A negative report on Israel by Moody's was scheduled for publication Friday, but had been postponed due to ongoing conflict
Gad Lior | 10.18.23
כפר עזה
Cost of war estimated in the billions, economy in the south would need years to recover
Officials in the Finance Ministry say entire communities destroyed with homes, infrastructure and agricultural fields burned, some beyond repair and future revenue loss to be felt far into the future
Gad Lior | 10.11.23
בנימין נתניהו ובצלאל סמוטריץ' במסיבת עיתונאים
Even OECD warns: Israelis will pay the price for government's poor budget priorities
Senior government officials assert the economy is excellent, however, forecasts indicating a doubling of the deficit this year, coupled with OECD warnings about money flowing to entities that do not promote growth
Gad Lior | 10.04.23
שקל דולר ואירו
Dollar strengthening around the world, and against the Israeli shekel
Strengthening of the dollar is attributed to recent positive economic data from the US economy; while in Europe, although inflation has indeed decreased significantly, there is still a looming threat of stagnation on the continent
Gad Lior | 10.03.23
עמדת עבודה במשרד
Job vacancies in Israeli market stabilize following downturn
High-tech sector sees increased demand for software developers and engineers while sales and food industries continue downward trend
Gad Lior | 09.20.23
הטבק שניסו להבריח בתוך "חלוקי נחל"
Smoke and mirrors: Israel busts 6 tons of hookah tobacco smuggled in pebbles
Some 10,000 artificial fiberglass pebbles containing hookah tobacco intercepted in shipment from Egypt; Tax Authority says seized goods would have yielded NIS 2.5 million in taxes
Gad Lior | 09.19.23
מטה מודי'ס בניו יורק
Moody's likely won't lower Israel's credit rating but outlook could change
International credit rating agency is expected to release a follow-up report on Israel's economy in October warning against harm to the Israeli market as a result of the judicial overhaul
Gad Lior | 09.14.23
החומר שנתפס במכס אשדוד
16 tons of rocket-making material destined for Gaza seized in Ashdod Port
Approved for publication: Shipping containers from Turkey said to contain sacks of gypsum were detained for inspection at Ashdod Port were found to contain ammonium chloride - which is used by the terrorist organizations in Gaza for producing rockets
Matan Tzuri, Gad Lior | 09.14.23
שקל דולר ואירו
Shekel weakens to about 3.8 against US dollar as High Court discusses judicial reform
The shekel has continued to weaken against the dollar, settling at a rate of 3.798 shekels, following yesterday's drop from 3.85 shekels, that was influenced by reports indicating a potential compromise in the judicial reform; As for the euro, the current exchange rate stands at 4.0694 shekels
Gad Lior | 09.13.23
בנימין נתניהו ובצלאל סמוטריץ' במסיבת עיתונאים
'The concern is genuine this time' as Israel braces for Moody's credit report
Against the backdrop of Fitch's relatively optimistic view, treasury officials suggest Moody's upcoming report, set to be published in October, could potentially have a more significant impact on Israeli economy; The agency's economists, who already lowered Israel's rating forecast in April, are expected to visit Israel soon
Gad Lior | 08.23.23
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