Latest Articles
Category: Government
Israeli Prime Minister Benjamin Netanyahu's visit to the United States took an unexpected turn as he publicly criticized Justice Minister Yariv Levin's original proposal for legal legislation, sparking controversy within the Likud party. During his visit, Netanyahu met with Elon Musk, the richest man in the world, at the Tesla factory in Fremont, California. In response to Musk's questions about the legal revolution in Israel, Netanyahu expressed his concerns about Levin's legislative plan presented in January
Sep 18, 2023
Category: Health
Israel, long recognized for its prowess in innovation and academia, now faces a troubling descent in the OECD's education yearbook "Education View." This internationally renowned statistical publication is an important benchmark in the field of education, and Israel's recent rankings are raising concerns
Sep 13, 2023
Category: Hitech
Iranian-affiliated hacking group has successfully breached the computer systems of 34 companies, with a staggering 32 of them being Israeli-based. This cyberattack was brought to light by researchers from ESET, an information security company, who released their findings on Monday
Sep 11, 2023
Category: Law
Opponents of the judicial system reform staged a demonstration in front of the Supreme Court on Monday evening, in anticipation of upcoming hearings on petitions related to the "reason for reasonableness." Following the demonstration, a march proceeded to the Prime Minister's residence on Balfour Street in Jerusalem
Sep 11, 2023
Category: Financial
Last week, a groundbreaking achievement marked the inauguration of Israel's largest floating solar project, situated atop water reservoirs in Kibbutz Ma'ayan Zvi near Zichron Ya'akov. This ambitious endeavor, spearheaded by the Carmel Coast Water Association, in collaboration with Tralight and Synergy, boasts a remarkable capacity of 31 megawatts. With a total estimated cost of approximately NIS 130 million, this initiative is poised to reshape the country's renewable energy landscape.
Sep 10, 2023
Category: Financial
The Bank of Israel has reported a staggering loss of over $2 billion in August, stemming from its management of Israel's foreign exchange reserves. The losses have raised concerns about the central bank's investment strategies, prompting questions about the stability of the nation's financial assets
Sep 7, 2023
Category: Government
In an exciting development for fashion-conscious Israelis, the renowned British men's fashion chain, Charles Tyrwhitt, is set to make its grand entrance into the Israeli market with the opening of its first flagship store. Located in the bustling Ofer Mall in Petah Tikva, this inaugural branch is part of an ambitious expansion plan by the brand's importer, the Penguin Group, owned by businessman Eliyahu Klimer
Sep 4, 2023
Category: Capital Market
In an unusual move, Finance Minister Bezalel Smotrich has drawn criticism for his involvement in shaping a key economic report, raising concerns about the independence of professional economic analysis in Israel. The report in question, mandated by a recent amendment to the law, requires the Ministry of Finance to provide a preliminary estimate of economic forecasts in September for years with a two-year budget, such as the current 2023-2024 budget
Sep 4, 2023
Category: Financial
The Monetary Committee of the Bank of Israel has chosen, for the second consecutive time, to keep the interest rate steady at 4.75%. This decision aligns with market expectations and comes amid a backdrop of dwindling inflation, which dropped to 3.3% in July, juxtaposed with concerning signs of an economic slowdown
Sep 4, 2023
Category: Financial
Israel's Ministry of Agriculture has granted approval for the import of 28 million eggs from Ukraine, Spain, and Poland to avert any potential shortage during the upcoming holidays. Despite recent fluctuations in the exchange rate of the dollar and the euro, consumers will not face increased costs, as the imported egg prices will remain stable through vigilant monitoring
Aug 31, 2023
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