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Economy

20 stories about Economy
תל אביב רמת גן מבט על מלמעלה

IMF Cuts Israel's Growth Forecast for 2019, Again

16.10.19|Adrian Filut
The International Monetary Fund lowered its growth forecast for Israel to 3.1%, after lowering it from 3.5% to 3.3% in April. It also cut its global growth forecast for this year, lowering it to 3% from the 3.2% it forecasted in July—the lowest forecast in a decade
מוצרי חלב ב סופר סופרמרקט

With Unclear Political Future, Israelis Face More Exorbitant Living Costs

15.10.19|Nurit Kadosh
Israeli food manufacturers are taking advantage of the country’s prolonged political limbo, hiking prices of basic food staples
שירה גרינברג כלכלנית ראשית ב משרד אוצר

There Is no Alternative to Raising Taxes, Says Israel’s Chief Economist

07.10.19|Omri Milman
In a first interview since her January appointment, Shira Greenberg talked about Israel’s budget deficit, market productivity, and the taxation of tech exists
קשישים זקנים פנסיה 2

The Morning After the Election: the Time to Act Is Now

18.09.19|Omri Milman
On Tuesday, Israel’s citizens went to the polls to elect a new government. While the final formation of the next government is still up in the air, the challenges it will face will be the same as the previous government did, with the only difference being that Israel is starting to run out of time
אולם ה מליאה כנסת ישראל

The Morning After the Election: Stability Is a Major Challenge

18.09.19|Adrian Filut
The new government will not have a grace period. Immediately after its establishment it will have to pass the budget and start tackling all the problems postponed following April’s failed election
סניף בנק פועלים זירת הנדל"ן

High Costs Mean Many Israelis Live Beyond Their Means

11.09.19|Irit Avishar and Lilach Baumer
Israelis have on average a negative checking account balance of over $7,000, with some choosing to take out a loan repeatedly to cover the negative balance until the next paycheck
ועידה כלכלית לאומית 2019 אורנה הוזמן בכור יו"ר נמל אשדוד

Ashdod Port Wants to Be “Amazon of the Sea,” Says Chairwoman

02.09.19|Tomer Hadar
Orna Hozman Bechor, the chairwoman of the Ashdod Port Company, spoke Monday at Calcalist's National Economic Conference in Tel Aviv
ועידה כלכלית לאומית 2019 פרופ' אמיר ירון נגיד בנק ישראל 2

Israel's Budget Deficit a Crucial Problem, Says Bank of Israel Governor Amir Yaron

02.09.19|Raheli Bindman
The next government must prioritize Israel's fiscal issues and the ballooning deficit while implementing steps to increase market productivity, Yaron said Monday during Calcalist and Bank Leumi's National Economic Conference in Tel Aviv
חדר מיון

Most Israelis Are Unhappy With Current Government’s Economic Policy, Survey Shows

02.09.19|Zvi Zerahia
A new survey released just two weeks ahead of the country’s general election shows many Israelis oppose raising taxes because they do not believe the government would use additional funds to improve social services
ועידה כלכלית לאומית 2019 איילת שקד יו"ר ימינה

Former Israeli Justice Minister Says Netanyahu’s Attacks on Media and Legal Bodies Are Campaigning

02.09.19|Naomi Zoref
Israeli right-wing politician Ayelet Shaked spoke Monday at Calcalist's National Economic Conference in Tel Aviv
העיר תל אביב מלמעלה זירת הנדל"ן

Fitch Affirms Israel’s A+ Rating, Citing Strong Growth

01.09.19|Omri Milman
The credit rating agency affirmed the rating with a stable outlook, estimating the deficit will grow to 3.6% of GDP in 2019, in line with the forecasts of the Israeli Ministry of Finance
חפירות הרכבת הקלה של חברת רובינשטיין ב מתחם חסן ערפה ב תל אביב

Bank of Israel’s Recommendations for Increasing Productivity

19.08.19|Omri Milman
The bank published its recommendations Sunday, pertaining mostly to education and infrastructure, though tax benefits and bureaucratic red tape are also addressed
העיר תל אביב מלמעלה זירת הנדל"ן

S&P Reaffirms Israel’s AA- Credit Rating With a Stable Outlook

04.08.19|Adrian Filut
The credit agency said Israel’s economy is “diversified, competitive, and resilient,” and that the country’s main credit limiters are geo-political risks and government debt
יזמיות היי טק בצילום קבוצתי עם מיצג של אנגלה מרקל

The Israeli Employment Market: a Timestamp

01.08.19|Lilach Baumer
On Wednesday, the Israeli Ministry of Labor, Social Affairs and Social Services published a report for 2018, detailing the current state of the local employment market
ריצ'רד קיי מנהל קרן קומג'סט Comgest Growth Japan

Japan’s Economical Changes Spell Opportunities for Israeli Investors, Says Comgest Exec

01.07.19|Ran Abramson and Raheli Bindman
Richard Kaye, portfolio manager of the Comgest Growth Japan fund, has been involved in the Japanese market since the lost decade
הונג קונג רחוב קניות קוזוויי ביי Causeway Bay

Israel, Hong Kong Agree to Ease Export-Import Process

30.06.19|Omri Milman
According to the agreement, authorized economic operators on both sides will receive various benefits and exemptions at customs
נגיד בנק ישראל פרופ' אמיר ירון

Israel’s Bank Governor Can Decide the Future of the Local Mobile Payment Market

06.06.19|Raheli Bindman
In 2017, Israel passed a law mandating a separation between the two largest banks in Israel and their credit card subsidiaries. The banks are now using mobile apps to get back into the Israeli payment processing game
אוניה של צים ב נמל חיפה ים אניה

Global Trade Tensions Could Tank Israel’s Export, Report Shows

06.06.19|Adrian Filut
A new report by Israel’s Economy Ministry shows the rising global threat of a trade war between the U.S. and China could have a negative effect on Israeli exports, which account for 30% of the country’s GDP
אוניברסיטה הטכניון טכניון חיפה

Israel’s Brain Drain is Getting Worse, Says New Report

30.05.19|Shahar Ilan
In 2014, for every person with an academic degree that returned to Israel, 2.6 such people left. By 2017, the number of negative emigrants rose to 4.5 to each person returning, a 73% increase
פרופ' מומי דהן

When the Judicial Authority Is Weakened, the Economy Follows, Says Israeli Economist

30.05.19|Adrian Filut
There is much evidence of the negative effect corruption has on a country’s economic prosperity, according to Momi Dahan, head of the school of public policy at the Hebrew University of Jerusalem
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