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  • Shekel is 3rd Worst Performing Currency in February amidst Market Jitters

Shekel is 3rd Worst Performing Currency in February amidst Market Jitters

In February, there was a 6% decline in the Israeli shekel, which makes it the third worst performing currency globally.…

Economists Warn of Fast and Furious Meltdown due to Judicial Overhaul

On Thursday, a fresh warning was issued by a group of 100 economists in Israel about the financial meltdown being…

New Budget Heading to Knesset with a Massive Increase despite Inflation Worries

On Tuesday, Bezalel Smotrich, the Finance Minister, detailed considerations behind the state budget for 2023-2024. He stated that it had…

Knesset Panel Sees First Hint of Compromise over Overhaul Legislation

On Monday, a proposal by Simcha Rothman, the head of the Constitution, Law and Justice Committee of the Knesset, gained…

First Israeli Commercial Flight Enter Airspace over Oman

On Sunday night, an El Al flight that took off from the Tel Aviv airport became the first commercial flight…

Government to Continue advancing Overhaul Legislation amidst Protests

Even though thousands of people came out to protest against the judicial overhaul plans of the government on Saturday evening,…

Cabinet Gives Approval for 2-Year Budget

On Friday, the cabinet voted for approving a two-year budget to prepare it for a vote in the Knesset, which…

Central Bank Chief Warns of Economic Crisis

Amir Yaron, the Governor of the Bank of Israel, reportedly warned ministers on Thursday about an economic crisis breaking out…

Local Authorities Strike Begins, Closing Schools Across the Country

On Thursday, high, middle and elementary schools across Israel remained closed as part of a general strike in protest of…

Bank of Israel Hikes Interest Rates yet Again to Fight Inflation

On Monday, the Bank of Israel increased the interest rate for the eighth time in a row, as it delivered…