Strong shekel squeezes value of export sales, as industry warns of damage to economy
The shekel’s sharp appreciation reached new peaks for positive reasons, but the strong currency is translating into losses…
Nvidia, Google ask to pay Israel taxes in dollars as shekel gains
The strengthening of the shekel against the US dollar has been a major blow to Israel’s tech export…
After record year, Israeli tech brain drain raises fears for future growth – report
While Israel’s vaunted high-tech industry continued to show peak performance over the past year, local startups are increasingly…
Shekel gains sharply despite interest rate cut
Whoever thought that the Bank of Israel’s decision to cut the interest rate would halt the appreciation of…
Israeli Tech Firm Wix Plans Layoffs of 800–1,000 Employees Worldwide – Haaretz
Israeli Tech Firm Wix Plans Layoffs of 800–1,000 Employees Worldwide HaaretzBase44 is booming. So why is Wix collapsing? CTechWix set…
Smotrich denies bid to hike retirement age to 70; officials say it’s part of contingency plan
Finance Minister Bezalel Smotrich has dismissed reports that Israel is seeking to gradually raise the retirement age to…
Despite War and Unrest, How Is Israel's Economy Still Thriving? – Haaretz
Despite War and Unrest, How Is Israel’s Economy Still Thriving? HaaretzIsrael’s business leaders see opportunity amid war, political shifts Jewish…
‘Multibillion-shekel Empires and a Slave Economy’: Inside Israel’s ultra-Orthodox Parallel State
Abraham. “The Lithuanian Haredi establishment built a racist and cruel system designed to ensure that a woman like…
Shekel hits 33-year-peak, hammering exports, yet policymakers are insistently inactive
Israeli tech exporters and manufacturers are warning of an unfolding economic crisis as the shekel’s rise to a…
Israel competition watchdog declares top banks an oligopoly, targets deposits
Israel’s competition watchdog on Wednesday declared the country’s five largest banks an oligopoly, citing their dominance in retail…
Israelis’ wealth grows 80% in six years
Rising stock markets along with growth in pension and provident fund savings have generated unprecedented wealth for the…
Israel has higher cost of living than wealthier European nations, study shows
Soaring housing costs and steep food prices are the main drivers behind Israel’s high cost of living, which…