Economy of israel

The wealth report: A record number of millionaires worldwide

The Global Wealth Report reveals a surge in personal wealth and a record number of millionaires. Where does Israel rank in average wealth?

Dollars
The shekel has strengthened against the dollar, so why aren't we feeling relief at the supermarket?

The annoying truth behind the illusion of the low dollar

“Israel’s housing market is slowing, yet mortgage volumes are rising due to delayed payments and higher financing needs.”

Bank of Israel reveals new data on Israel’s mortgage market

Coffee

An inverted world: Coffee crashes by 20%, so why did our price skyrocket?


The Moody’s credit downgrade: Economic policy change cannot wait - opinion

Our policymakers would be well advised to study the risk analysis and assessment in Moody’s report closely and to take all possible steps to mitigate the risks.

 THE REASONS behind Moody’s decision get at the war’s ramifications on Israel’s security and the geopolitical risks that it faces, says the writer.

War with Hamas dents Israel economy but strong rebound seen afterwards

Consumer confidence stands at levels not seen since the COVID-19 pandemic in 2020, while the annual inflation rate has eased back down to 3%.

 Avi Simhon, chairman National Economic Council attends the conference of the Israeli newspaper "Makor Rishon" at the International Convention Center in Jerusalem, December 8, 2019.

Netanyahu adviser says markets ignore Moody's Israel cut, investors see beyond Gaza war

The shekel ILS = currency now stands at 3.66 per dollar versus 3.68 before the ratings action, in which Moody's kept its outlook at negative to imply a further cut.

 Avi Simhon, chairman National Economic Council attends the conference of the Israeli newspaper "Makor Rishon" at the International Convention Center in Jerusalem, December 8, 2019.

The road to recovery following Moody’s hits on Israel’s credit rating - opinion

Indirect impacts could arise through decisions of the government and the Knesset on economic policy issues

 The logo of credit rating agency Moody's Investor Services is seen outside the office in Paris

Israel's credit rating drops: How will it hit our wallets? - opinion

What is a credit rating, how is it determined, and how will Moody's dramatic decision impact Israelis?

Protesters gather in the Habima Square yesterday.

Netanyahu, Liberman stand on opposite ends of credit rating drop debate

While Netanyahu claims economy is strong despite credit rating change, MK blames political turmoil for nation's threatened credit rating.

 MK Avigdor Liberman attends a State Control Committee meeting at the Knesset, the Israeli Parliament in Jerusalem, on September 13, 2023.

Moody's downgrades Israel credit rating to 'A2'

Israel's war with Hamas is not the only issue noted by the ratings agency, citing the looming threat at Israel's northern border.

Moody's corporate HQ

Gaza war means longer hours, more accidents for bus drivers

The Knesset Economic Committee approved an extension of working hours for bus and truck drivers to up to 14 hours a day during the war, putting additional strain on them.

 A bus driver sits in a bus as Palestinian youths are reflected in the windshield during a visit by Jerusalem Mayor Nir Barkat in the East Jerusalem neighbourhood of Issawiya January 4, 2012. REUTERS/Ammar Awad (JERUSALEM - Tags: POLITICS)

Squeezing Israel's human capital during a difficult time - opinion

What could the outcome of the state budget for 2024 be?

 PRIME MINISTER Benjamin Netanyahu and Justice Minister Yariv Levin attend a debate and voting on the state budget bill, in the Knesset plenum, in December.

How could a credit rating downgrade impact Israeli wallets, markets?

Decisions made by rating agencies will undoubtedly have a lasting impact on financial landscape, government's fiscal policies, and overall well-being of Israeli citizens.

 Rocket fall in Netivot, this month. The rating is used by investors to determine the level of risk in that country