Tag: cost of living

Cutting restriction, cutting bureaucracy, cutting regulations...

Finance Minister Bezalel Smotrich reached out to Costco...

Starting on Sunday, there is a reduction in the price of a liter of gasoline by 10 Agorot.

Prime Minister Benjamin Netanyahu will receive 59,218 shekels ($17,400) per month, and President Isaac Herzog 67,971 shekels ($19,970).

New York City and Singapore shared the top spot, with Hong Kong and Los Angeles tying for fourth place in the 2022 Worldwide Cost of Living Index.

The economy's growth slowed in the third quarter but high inflation is still expected to prompt a significant central bank rate hike next week.

One gallon of cooking oil in Lebanon costs the same as the monthly minimum wage, around $29.

Only Switzerland, South Korea, Norway, Iceland and France were more expensive, according to “Money” magazine.

“Reduce all the tariffs, all the quotas and all the NTBs—they are adding 40% to 80% to the cost of most products,” said Elise Brezis, professor of economics at Bar-Ilan University and director of the Azrieli Center for Economic Policy. “That’s the first thing the government has to do. When they do that, then there will be a big change. The rest is commentary.”

“If the government had not intervened, the standard of living would have fallen by a real rate of about 10%,” the report stated.

Tel Aviv jumped up from 5th place last year.

The flourishing Mediterranean seaside city tied with Los Angeles.

High housing prices are blamed, but has anyone suggested that working for a living might help?