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Gad Lior

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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Weakening Shekel brings losses to the Israeli market
Households, most businesses suffer as local currency value is down by 3% in just one month and 17% in the past year; Bank of Israel thought to consider additional rise in interest rates in September
Gad Lior | 08.23.23
דולרים ושקלים
Dollar leaps above 3.8 shekels, sparking concerns about central bank intervention
Experts worried central bank may further hike interest rates as soon as early September as Israeli currency continues to devaluate, further hurting mortgage holders amid inflation pains
Gad Lior, Attila Somfalvi | 08.21.23
דולרים ושקלים
The Israeli shekel rebounds against the dollar
After surpassing the 3.77 shekels mark yesterday, the dollar settles at 3.75 shekels, while the euro is at 4.09 shekels; Meanwhile, second-quarter growth is at 3%, and despite a recent dip in annual inflation, analysts predict another rise in the upcoming month
Gad Lior | 08.16.23
אינפלציה עליית מחירים
CPI rose in July, but annual inflation dropped to 3.3% and apartment prices fell again
As expected, the consumer price index for the month of July rose by 0.3%, but annual inflation decreased due to the comparison with the large increase in the same month last year. Apartment prices decreased by 0.2% in May-June compared to the previous months and the increase in the last 12 months dropped to 5.2%. Leases for new tenants have become more expensive by 9%
Gad Lior, Hila Zion | 08.15.23
בנימין נתניהו ובצלאל סמוטריץ' במסיבת עיתונאים
Fitch affirms Israel's A+ credit rating, cautions against judicial reform blowback
Credit rating agency keeps Israel's 'stable' outlook, but warns credit metrics can be affected by 'decline in Israel's institutional strength' and increased in government debt
Gad Lior | 08.14.23
בנימין נתניהו ובצלאל סמוטריץ' במסיבת עיתונאים
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
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