Budget
On the way to an Israeli AI crisis: Avi Simhon’s unusual warning
National Economic Council head Avi Simhon slammed power grid regulators for blocking data centers, assuring no energy shortages will occur by 2031.
Ankara raises defense spending by 229%, aiming to develop own technologies
IDF warns budget delay will force reserve, intelligence cuts beginning in September
High Court lifts freeze on NIS 78m. Religious Services funding, keeps broader freeze in place
Speaker Amir Ohana reduces Knesset budget by NIS 50 mil. to support Israel's economy
Knesset Speaker Ohana said he had informed Finance Minister Bezalel Smotrich of his budget-reduction initiative and that the funds are expected to be deposited in the treasury.
Workers to receive 13.5% pay raise in new collective agreement
Workers will receive cumulative wage increases, expanded pension benefits, and new welfare perks under a collective agreement valid through 2030.
IDF plans massive NIS 130 billion buildup, including aircraft, munition factories
On the agenda are more fighter jets, refueling aircraft, attack helicopters, naval vessels, armored vehicles, advanced weapons production, and a space project.
No-bid White House contract awarded for ballroom construction to tune of $500 b.
US President Donald Trump was directly involved in negotiating some costs for the ballroom, A Washington Post report said.
Prime Minister Keir Starmer unveils £15 billion UK defense plan as legacy project
He acknowledged that new governments could "build" on his blueprint, and some critics said the plan, delayed for more than nine months, was too little, too late.
Your Investments: Getting back to basics for a secure financial future
From the spiritual to the mundane, when it comes to building wealth, too often, we forget the process.
Pentagon tells US lawmakers it needs $80 billion for Iran war costs, other bills - report
Deputy Defense Secretary Stephen Feinberg told lawmakers of the cost in phone calls earlier this week, according to the report.
End of tax exemption: Tax Authority move will cost property owners dearly in Israel
The move was formulated by the Finance Ministry led by Budget Commissioner and Chief Economist due to rising spending and need for revenue. Next government will approve a two-year budget in 2027.
Netanyahu's coalition moves to fast-track controversial laws ahead of upcoming Knesset dissolution
The tensions come after the crisis in Netanyahu’s coalition with the haredi (ultra-Orthodox) parties over the controversial conscription law.
Israel’s 'bloated, unstable' gov't harms public service, wastes millions each year, report finds
State Comptroller Englman recommends limiting ministries, ending duplication, and requiring full staffing and budget groundwork before government powers are reshuffled.
