Tag: inflation

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

Will other Israeli banks follow suit?

Four days ago, Salehabadi promised that Iran's currency would stabilize in the coming days.

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.”

The Bank of Israel kept the interest rate unchanged for the month of September 2016.

Do the government’s inflation and unemployment figures really give an accurate picture of the economy? Also find out how to manage your money when you live outside the United States

We would see a massive transfer of wealth away from the banks and the government and the stock market and real estate which will all crash and back to the wage earning middle class who would then be earning gold.