Israel economy

In a significant move, the Knesset's Labor and Welfare committee has given the green light for certain IDF retirees to halt ongoing monthly repayments on loans taken out against their pensions.

A local retailer invested NIS 10 million in a branch in Kfar Saba. The goal: 2,000 products within three years.

Israel's uncertain security situation and the threat of war in the north was part of Moody's downgrade of the country's credit rating last month.

Brands that have made the leap and those that haven't yet: What are the chances that we will see Primark and Starbucks in Israel?

Every four years, as if by the decree of some digital Poseidon, the reward for mining new bitcoins is slashed in half, reducing the influx of new coins into circulation.

Despite the challenges and uncertainties, Israeli entrepreneurs and innovators have continued to work, create, and collaborate.

The Israeli economy is in shambles; long school days, Palestinians forbidden to work, and lack of enthusiasm to invest in real estate contribute to the crisis

As Moody released its report on Israel, questions arise of whether the war will bolster or cripple the economy amidst halted investments, workforce disruptions, and increased defense spending

Committee members, mostly from the opposition, voiced concerns over the budget, especially in the wake of the credit rating agency Moody's decision on Friday to lower Israel's rating.

"Moody's announcement of the downgrade is not based on serious economic arguments and is entirely a political manifesto based on a pessimistic and unfounded geopolitical worldview."