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
Canada online: The digital industries powering a connected economy
From e-commerce and fintech to digital health, education and remote work, Canada’s online economy is transforming everyday life while making trust and security more important than ever.
Housing costs top young Israelis’ election concerns, security trails far behind - poll
A new Israel 2050 survey published Wednesday night found that economic and social issues, led by housing affordability, top young voters' priorities ahead of the elections.
Afghans flee collapsing Iranian economy amid US conflict, returning to strict Taliban rule
Only 29% of Afghans who recently returned from Iran said they had any savings left after their average income fell by nearly one-third compared to pre-crisis levels.
US Federal Reserve hikes rates, sees more tightening in search of 'timelier' drop in inflation
The rate increase was announced less than two months before midterm elections that will determine whether Trump's Republicans retain control of Congress for the final two years of his presidency.
Renewed Middle East tensions send Brent Crude above $100
Brent crude tops $100 as renewed U.S.-Iran tensions disrupt the Strait of Hormuz, fueling inflation fears and putting fresh pressure on global markets.
No. 8: Howard Lutnick: US Secretary of Commerce, and Trump’s tariff dealmaker-in-chief
A longtime Wall Street executive who co-chaired the Trump-Vance transition, Lutnick entered office as an outspoken advocate of the president’s tariff agenda.
Mao Zedong, Israel and the road not taken - 50 years after leader’s death
Israel was the first Middle Eastern country to recognize Mao Zedong’s Communist China, and briefly came close to establishing full diplomatic relations.
Israel ranks third worldwide in AI commercialization as economy grows 3.2% ahead of Rosh Hashanah
The government's annual report ahead of Rosh Hashanah revealed that Israel ranks among the world's leaders in AI implementation, development, and research.
Basketball association to return half a million shekels to clubs
Management approved Amos Frishman's initiative. Every club will be credited for registered players, with funds transferred in coming weeks.
Trump says he will grant a $5,000 dividend to all Americans if Republicans win midterms
Trump further said he would rename the Strait of Hormuz the "Trump Strait."
