Economy
Iran economy faces 25% deeper contraction amid soaring inflation, major employment crisis
US Treasury Secretary Scott Bessent said he predicted the Iranian economy would contract an additional 25% by next March and recommended that Iranian civilians begin stocking up on gasoline.
Finance Ministry prepares plan to prevent increase in deficit, fund defense, for next government
The economic impact of Israel’s expanding technology industry
Investors see economic upside for Israel if opposition beats Netanyahu in upcoming elections
Bitcoin tops $66K on regulatory optimism and ETF inflows
Bitcoin climbs to a one-month high as investors weigh progress on US crypto regulation, renewed ETF inflows and the outlook for interest rates.
Israeli exports hit all-time high of $169B despite boycotts
Official Economy Ministry figures show Israeli exports reached a record $169 billion over the past year, surpassing both forecasts and the previous record set in 2022.
ASEAN's top diplomats meet, to issue statement amid 'grave concern' over US-Iran conflict
ASEAN will gather against the backdrop of instability beyond the region since the US and Iran resumed open conflict, raising concerns about energy supplies through the Strait of Hormuz and inflation.
The US is winning the war of attrition against Iran - opinion
Fluctuations in the price of oil between periods of negotiation have also declined, and bouts of violence have leveled. The routinization of war is working in favor of the Trump administration.
Israel's economy holds steady as tech sector drives growth through 2026
Despite security challenges and revised growth forecasts, Israel’s economy continues to show resilience, supported by a strong technology sector, foreign investment, and market stability.
US import reform approved in Knesset
The Knesset has approved a landmark bill aimed at easing the entry of US-standard goods into the country without requiring additional local certification.
Lebanon, Syria launch talks to reset trade ties, review Assad-era deals
The two countries have been undertaking a reset in ties since the end of nearly half a century of Assad family rule that saw Syrian troops stationed in Lebanon for almost 30 years.
Aiming to be prime minister? Netanyahu's AI advisor eyes future political run, but not with Likud
Frances confirmed that he was never formally invited to join Likud, saying he called the prime minister’s spokesman to ask how he could be offered a reserved spot and not know about it.
Behind the movement of hundreds of millions: What it means for digital assets
A long-inactive Bitcoin account and a major government transfer moved nearly half a billion dollars in digital assets, drawing attention from investors and institutions.
Oil and the shaping of modern commodity economies in the Middle East
Oil has shaped economies, industries, and international relations for more than a century. This article explores its global impact, market role, and evolving place in the energy landscape.
