Unexpected 3rd Quarter 3.8% Growth in Israeli Economy Despite Multi-Front War
Despite its decades-long loyalty to the Jewish State, investment giant Goldman Sachs on Monday lowered its growth forecast for Israel for 2024 to 0.4%.
Israel’s AI Sector Outpaces Global Rivals, Defying Adversity
One of the most unique features of Israel’s AI ecosystem is its ability to attract early-stage funding.
Israeli, German Defense Ministries Prepare to Deploy Arrow 3 in 2025
Arrow is considered one of the world's most advanced defense systems, utilizing cutting-edge technologies.
Iranian Rial Reportedly at Historic Low, as Trump Wins US Election
"Speaks for itself," wrote Jason Brodsky, policy director at United Against Nuclear Iran.
Israelis Seeking Cheaper Ways to Fly to NY
The cost of a plane ticket to the US on an El Al flight currently starts at close to $1,000 and the flights are packed
War Costs: Israel’s Growth Forecast at 0.5% with $11 Billion Budget Cuts
Unfortunately, a growth rate this close to 0 means a decline in the standard of living.
Elbit Wins $200 Million Contract to Provide Laser Defense System
Defense Ministry Director-General, Major General (Ret.) Eyal Zamir, stated that the ground laser system is expected to enter operational service in a year.
International Insurance Assessor: 1 in 5 Turkish Companies Faces Bankruptcy
Turkey’s sad economic state of affairs is not affected by its worsening trade relations with Israel, but it doesn’t help.
US Government Gives Americans in Israel a Break on Tax Deadlines
FinCEN is extending FBAR filing relief to taxpayers who -- due to the terrorist attacks -- may be unable to meet a tax-filing or tax-payment obligation . . . including FBAR filings.
Iran Unhappy with Latest US Sanctions on Its Petroleum Industry
Blinken: “The United States is committed to curtailing Iran’s sources of revenue for its malign activities."
US Treasury Deputy Raises Concerns Over Israeli ‘Threats’ Against PA Banks
On Aug. 21, Ramallah claimed its economy was at risk of collapsing within "days" after Israeli banks stopped accepting Palestinian Authority cash deposits.
Israel’s High-Tech Sector Defies War With $9 Billion in Investments
Despite a year of war, Israel’s high-tech industry has been surprisingly stable.
Kamisa Winery: Snapshot of Northern Israel’s Wartime Struggle for Economic Survival
"It’s not that I am protecting the border with my body. I am protecting the border by enabling other people to live here, to make a livelihood."
Ranked 7th in the World in AI Development, Israel Invests $133M in Phase 2...
This phase will run until 2027 with an allocated budget of NIS 500 million ($133 million).
US Agency Targeting Israeli Brass Company for Political Reasons, CEO Says
Finkelstein said that the case against his company was brought by the two dominant U.S. players in the sector, Mueller Industries and Wieland Copper Products, which account for about 85% of the market.
‘Operation Jack Sparrow’ Reveals Massive Smuggling Ring at Ashdod Port
Among the dozens of suspects arrested in the Tuesday morning raids was an employee of the Ministry of Transportation.
Israel’s Budget Deficit Rises to 8.3%, Highest Since 2021
Smotrich: "This needs to get done." He emphasized the increase, intended to help evacuees and reservists, was "localized and limited."
Govt. Announces Winners of Honey Import Tenders for Rosh Hashanah, Squeezing Israeli Bee Growers
Shutting down local beehives will harm pollination services.
Smotrich’s 2025 War Budget: 4% Deficit, Wage Freeze, $9.5B Government Optimization
Yes, but will PM Netanyahu embrace it?
Starlink Stations Arrive in Israel for Embattled North
Elon Musk's Starlink will become active in Israel's north in the coming days with the arrival of dozens of satellite internet stations.
Israel Shifts Gears: 20,000 Homegrown Drones on the Horizon
Ambitious tender aims to boost domestic production and reduce China dependence.
Bank of Israel Leaves Interest Rate Unchanged at 4.5%
The Monetary Committee said its policy is focused on stabilizing the markets and reducing uncertainty, alongside price stability and supporting economic activity.
MSCI Under Investigation for Allegedly Penalizing Israeli Banks that Operate in Judea, Samaria
“This is BDS. No doubt about it,” Richard Goldberg, of the Foundation for Defense of Democracies, told JNS.
Israeli V-Wave Acquired by Johnson & Johnson in $600M Deal
V-Wave’s cardiovascular implant technology specifically targets heart failure with a minimally-invasive interatrial shunt procedure.
PA Economy Could Collapse Within Days as Israeli Banks Decline Cash Deposits, Ramallah Claims
The Palestinian Authority warned of “imminent consequences
MOD Signs $23 Million Deal with Ashot Ashkelon for Merkava Tank, Namer APC Components
This transaction is one of several strategic moves by the Ministry of Defense to ensure the IDF's operational needs are consistently met, both now and in the future.
Colombia Cuts Coal Exports to Israel Over Gaza War
The Latin American country is the largest supplier of the fossil fuel to the Jewish state.
Standing Up the Pro-Hamas Pressure, Barclays Rescinds Decision to Pull Out of Israeli Bonds
More than 15 Barclays branches in the UK and Scotland have been covered in red paint and their windows smashed.
Israel Exploring Option to Produce Electricity from Nuclear Energy
Israel's Energy Ministry said the months since the start of the October 7th war have proved Israel's need to ensure energy independence.
Fitch Downgrades Israel’s Credit Rating, But Smotrich Notes ‘We Are at War’
“Revenue collection rebounded in 1H24 to a level above the amended budget and we expect it to remain strong during the rest of the year.”
Headlines
Latest News Stories
Recommended Today
Sponsored Posts
