economics

Israeli minister: Palestinian Authority would carry out October 7, too

Speaking at The Jerusalem Post's Israel Summit, Economy Minister Nir Barkat explained the reasons behind his plan to halt the use of Palestinian workers in Israel.

Israeli economy faces strain amid war as Melnick Index drops 1.4% in November 2023

This decline mirrors the severity observed during the first month of the COVID-19 shutdown.

4,000 Foreign workers hired instead of Palestinians - no going back

Israeli authorities grant work permits to 4,000 foreign workers to renovate the Gaza region, replacing Palestinians amidst the war: "No going back."

Economic, Finance Ministries settle dispute on budget, Barkat to support bill

The economy minister didn't attend the first reading of the bill in Knesset so that he wouldn't have to vote against it because he said the original version was massively damaging to Israel's economy.

Energean PLC enters Morocco, giving hope amid Israel-Morocco tension

While the North African nation has been critical of Israel in recent months, this move could be seen as a way of continuing business relations via British proxy.

Wealth gap is getting wider among millennials

A study of over 12,000 Americans that compared Baby Boomers and Millennials, raises concerns about Millennials’ diverging financial gains.

Israel has no budgetary limit for IDF, displaced residents' needs - Smotrich

A comprehensive analysis will be carried out to determine non-essential budgets that can be diverted to the cause.

 Investing in Gold

Attack on Israel could boost appeal of gold and safe haven assets

Rising geopolitical risk could see buying in assets like gold and the dollar and potentially boost demand for US Treasuries.

By REUTERS
08/10/2023

Shekel sinks to weakest against dollar since 2016

The rate was set at 3.861 after the dollar gained strength globally.

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