Economy

Syria’s credit card comeback, Damascus International Fair mark return to global economy

Syria can now process credit card payments again, symbolizing Syria's re-entry into the international system after years of isolation.

Artists perform on stage during the opening ceremony of the Damascus International Fair in Damascus, Syria, August 26, 2026.
An Icelandic flag flies outside Reykjavik City Hall in Reykjavik, Iceland, on August 27, 2026, two days ahead of a national referendum on whether Iceland should resume European Union accession negotiations.

Iceland votes on whether to start EU membership talks, results too close to call

A record-breaking quarter for insurance: Profits soar to NIS 2.85 billion as market leaders double down on ambitious target growth.

Insurance companies' profits surged this quarter to NIS 2.85 Billion

US President Donald Trump reacts as he speaks to the media with US Treasury Secretary Scott Bessent behind him, on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Strategy or physical withdrawal: What does Washington’s shift from airstrikes to sanctions signify?


Treasury Secretary Bessent says US entering 'endgame' with Iran, will sever economic lifelines

"Any remaining tie to Tehran will hasten the economic ostracism of countries and entities, whether that tie be purposefully constructed or wilfully ignored."

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.

Iranian worker’s suicide attempt exposes Islamic regime's economic crisis, expert says

A 35-year-old man, one of 20 employees laid off because of wartime conditions, attempted to take his life in Mahshahr after the Labor Department failed to respond to his requests.

An Iranian woman shops in a local market in Tehran, Iran, April 28, 2026

Lebanese economic recovery in 2025 will be undone by 2026 conflict, World Bank report shows

The report, titled “A Conflict-Torn Economy,” estimated that Lebanon’s real gross domestic product (GDP) expanded by 4.2% in 2025, marking its strongest growth since 2019.

Women and children gather beside tents at a displacement camp in Zaituna Bay in central Beirut, Lebanon, May 16, 2026.

Economic warfare: Bankrupting Iran will be more effective than bombing - opinion

The objective is not to destroy Iran. It is to bankrupt the regime that has stolen Iran's future, financed terror across the Middle East, and kept its own people in chains.

An illustrative image of the Iranian economy declining.

Israeli curbs on labor, banking, and trade drive West Bank economic crisis - report

Unemployment, reduced public salaries and strained healthcare are worsening the West Bank’s economic crisis amid Israeli restrictions, The New York Times reported.

PALESTINIAN STUDENTS gather near a fence installed by Israeli settlers on their way to school, near Umm al-Khair in the West Bank, on April 14, 2026.

Trump's economic 'D-Day' will only bring further defeat to US, Iran's Araghchi warns

Iran's Foreign Minister Abbas Araghchi warns Trump’s economic campaign will fail, as IRGC spokesman Hossein Mohebbi threatens a more destructive Iranian response if another war breaks out.

Iranian Foreign Minister Abbas Araghchi attends the talks with Russian President at the Boris Yeltsin Presidential Library in Saint Petersburg on April 27, 2026.

'Economic D-Day': Trump threatens economic warfare against countries aiding Iran

UAE suspending all trade activities, commercial exchanges and financial transactions with Iran following Trump statement • Trump promises 'economic warfare and isolation on an unprecedented scale'

US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, US, August 7, 2026

US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden

The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.

The US Department of the Treasury Building in Washington, DC, US, July 11, 2026.

Russia's Putin orders government to help rebuild warehouses destroyed in Ukrainian attacks

Putin said the economy was growing modestly despite external pressure, a reference to Western sanctions, and despite Ukrainian attacks on industrial and infrastructure facilities.

Smoke billows from a warehouse, after deadly Ukrainian drone attacks, as per regional governors, in Elektrostal, Moscow Region, Russia, July 18, 2026, in this screen grab obtained from a social media video.

The next US-Israel agreement should expand joint innovation - opinion

The 10-year memorandum of understanding between the United States and Israel, signed in 2016 and worth $38 billion, expires in 2028, and discussions about its successor are already underway.

An illustrative image of an Israeli flag in the center of various symbols representing innovation and technology.