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Attorney General Gali Baharav-Miara ruled today that Prime Minister Benjamin Netanyahu’s decision to appoint Major General David Zini as head of the Shin Bet is invalid and illegal. The decision comes in the wake of a High Court of Justice ruling last week that found Netanyahu to be in a serious conflict of interest regarding the dismissal of current Shin Bet head Ronen Bar

After April’s unexpected inflation spike, new data from the Central Bureau of Statistics (CBS) delivered a surprise in the opposite direction: Israel’s Consumer Price Index (CPI) fell by 0.3% in May, defying economists' forecasts of a 0.1% increase. This unexpected decline eased the annual inflation rate to 3.1%, down from 3.6% in April. Despite the drop, inflation remains slightly above the Bank of Israel’s target range of 1–3%

Amid escalating tensions and active military conflict between Israel and Iran, the world’s largest investment bank, JPMorgan Chase, has significantly downgraded its growth forecast for Israel’s economy in 2024. In a newly published report, the bank revised its projection downward by 1.2 percentage points, to just 2%, citing the economic impact of the war