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


Economic strain weakens Hezbollah support base in Lebanon, ITIC assessment finds

Lebanon’s economic collapse and war costs are eroding Hezbollah’s Shiite support base, with some backers seeking political alternatives, according to an ITIC assessment.

People hold Hezbollah flags while commemorating Israel’s withdrawal from southern Lebanon in 2000, in the southern suburbs of Beirut, Lebanon, May 25, 2026.

Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

Israeli real estate – construction site.

The historic opportunity hidden within the tech layoff wave

In a reality where there are many laid–off tech workers and an immense shortage of science teachers: It is time for the government to build a real bridge between the technology world and schools.

Tech layoffs are the key to change in education in Israel

The new superpower: The lesson that Israel must learn

The Seoul stock exchange surged by 218% this year. With similar starting conditions, including a continuous security threat, Israel still has a lot to learn.

Seoul. An unprecedented economic leap

An inverted world: Coffee crashes by 20%, so why did our price skyrocket?

The global coffee index is plunging, but an examination by the Institute for Retail Research reveals a crazy price-hike celebration in the food chains.

Coffee

The price index dropped, When will we feel it in the supermarket receipt too?

The Consumer Price Index ostensibly shows a decrease, but an examination reveals: While flights abroad and vegetables became cheaper, fruits and cleaning supplies actually became more expensive.

Shopping in the supermarket

Cuban lawmakers approve sweeping reforms to socialist model amid US pressure

A list of upwards of 175 measures received a unanimous rubber-stamp vote in the National Assembly.

A man casts his shadow on a vintage taxi before the Cuban government presents far-reaching economic measures that could mark the most significant shift toward a market economy since the 1959 revolution, in Havana, Cuba June 17, 2026.

Trump's Iran deal driven by economics, fear of midterm defeat, not ideology - analysis

The threat of a global recession, rising fuel prices and a potential Republican midterm defeat may have weighed as heavily on Trump's Iran decision-making as concerns over Tehran's nuclear program.

US President Donald Trump on the sidelines of a dinner celebrating 250 years of US independence in Versailles, near Paris, France, June 17, 2026.

The digital transformation of recreation is reshaping the global gaming economy through innovation

“We’re moving into an era where the lines between our physical interests and our digital ones are becoming increasingly blurred.”

'1873': How the first financial crisis made the world turn on the Rothschilds - review

The Rothschilds survived the 1873 financial crash, but the depression fueled antisemitic myths that would echo for generations.

James Mayer de Rothschild, founder of the French branch of the Rothschild banking dynasty, 1850.