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
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.
Dwindling oil revenue is driving Iran into deeper economic crisis - report
The US's continued efforts to choke Iran's economy appear to be working, although questions over whether financial pressure will suffice for Tehran to concede the Washington's demands remain.
Small-scale protests break out in Iran over cost of living
Retired educators, telecommunications workers, and job seekers also reportedly demonstrated on Sunday in Tehran, Ahvaz, Shush, Kermanshah, Dezful, and Rasht.
‘Al-Aqsa, be patient’: Chants against ‘Zionist scum’ heard at Damascus International Fair - report
The fair ran under the theme “Syria Shines Again,” SANA reported, claiming nearly 1,000 participating entities, representing approximately 60 countries, joined.
After the surge, comes the drop: Average wage in Israel plunges by nearly NIS 1,000
Following June's record high, CBS data for July shows a sharp decline to NIS 14,241, while the number of salaried jobs continues to climb.
Former NSC adviser explains why Iran could face internal upheaval within months - interview
Former NSC chief Jacob Nagel said six to nine months of economic pressure could push Iranians back into the streets, while warning Tehran still has the ability to retaliate.
US sanctions Turkish bank, two subsidiaries in bid to increase economic pressure on Iran
The sanctions put the financial entities on the US Treasury's OFAC Specially Designated Nationals list as part of US President Donald Trump's campaign to increase economic pressure on Tehran.
'Taxes will need to be raised': Bank of Israel Governor's bad news following rate cut
Bank of Israel Governor warns taxes must rise after rate cut; market reacts with gains on Tel Aviv Stock Exchange while business sector backs decision.
Iran’s worsening economic crisis raises questions over Tehran’s willingness to compromise
As Iran’s economic strain deepens, an expert told the Post that the regime is not close to collapse despite rising inflation.
Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review
The Bank of Israel's Monetary Committee lowered the interest rate on Tuesday. The rate was previously lowered in July, when the BoI decided to cut the rate from 3.75% to 3.5%.
