This decline mirrors the severity observed during the first month of the COVID-19 shutdown.
“Despite the adverse conditions, I remain optimistic about the future. The Israeli economy, and the hi-tech sector, in particular, is robust and has the will to recover,” said Itay Gura.
S&P Global Ratings Maalot Ltd: "The company's rate of output remains almost unaffected by the current fighting and call-up of reservists."
Jerusalem’s Taub Center for Social Policy Studies published a study on the cost-update mechanism for health funds, finds gaps of billions of shekels between the current budget and actual needs.
MyWhisky CEO sheds light on why Israeli investors are turning to whiskey to safeguard their stocks.
While prices may not reflect drastic changes yet, there's only so long that can last.
The shekel-dollar rate has dropped below NIS 3.6, indicating the Israeli currency’s increasing strength — but it may be coming as a result of deeper issues.
Yesh Atid MK Mickey Levy, head of the Knesset State Control Committee, called on Prime Minister Benjamin Netanyahu to immediately resign, warning of an economic disaster.
With many Israeli businesses working reduced hours or closing during the war, employees losing their jobs or placed on unpaid leave, many have turned to unemployment benefits to help them get by.
Insufficient compensation plans and widespread tax evasion contribute to a thriving black market, costing taxpayers hundreds of thousands of shekels and risking criminal penalties.
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