Economy

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.

Howard Lutnick
The Israeli and Chinese flags fly beside the portrait of Mao Zedong at Tiananmen Gate in Beijing on May 8, 2013.

Mao Zedong, Israel and the road not taken - 50 years after leader’s death

ON THE front line of the cyber war, Israel has become one of the world’s most targeted countries for cyberattacks, with state-backed hackers increasingly using AI to probe government networks, companies, and critical infrastructure.

Israel ranks third worldwide in AI commercialization as economy grows 3.2% ahead of Rosh Hashanah

Chairman of the Israel Basketball Association, Amos Frishman.

Basketball association to return half a million shekels to clubs


Former PM Bennett unveils plan to lower Israel’s cost of living if victorious in Knesset election

The Together Party's proposal targets monopolies, import restrictions, and barriers to competition.

Chairman of the “Together” party and former Prime Minister Naftali Bennett speaks during a press conference in Tel Aviv, June 15, 2026.

The wealth report: A record number of millionaires worldwide

The Global Wealth Report reveals a surge in personal wealth and a record number of millionaires. Where does Israel rank in average wealth?

Dollars

South Korea to unveil USD 650 b. mega semiconductor, AI projects in manufacturing 'great leap'

The announcement would mark President Lee Jae Myung's boldest push yet to align South Korea's AI and chip ambitions with his pledge to narrow regional disparities with a "great leap"

A view shows Samsung Electronics' chip production plant at Pyeongtaek, South Korea

Study: "Israel’s Basket" led to a wave of price increases

A new study discovered that while the prices of the basket products at Carrefour plunged by 35%, a widespread wave of price increases of up to 14% was simultaneously recorded in parallel categories.

Nir Barkat

Industries thriving in Canada right now

“Canada’s growth is driven by strong, diverse industries.”

The pampering of young people in Israel could end in a security disaster

The flight of young people from certain sectors of the labor market is not a phenomenon unique to Israel, but in our specific case, it could turn into a severe security danger.

Foreign workers in Israel

The heavy price of wars: The workers repeatedly pushed out of the labor market

More than 70% of the women who lost their jobs during the 2026 Iran War were also harmed in another emergency crisis in the last six years.

The Jerusalem Employment Service branch, December 2020

A tsunami of bankruptcies threatens the global economy

The crisis in Iran has choked supply chains, and superpowers like the US, France, and Japan are bleeding. And what is happening here in Israel?

The sharpest increases in bankruptcy are expected to be recorded in the US and France: Trump and Macron

The annoying truth behind the illusion of the low dollar

The dollar has plunged to a 30–year historical low and global commodities are cheaper, but food prices in Israel are only skyrocketing.

The shekel has strengthened against the dollar, so why aren't we feeling relief at the supermarket?

Israel’s long-term challenge requires strategy beyond military power in Iran rivalry - opinion

Israel has already demonstrated that it can strike Iran; the harder task is building the coalition needed to outlast it.

 Iranian flags fly as fire and smoke from an Israeli attack on Sharan Oil depot rise, following Israeli strikes on Iran, in Tehran, Iran, June 15, 2025.