The girl came with her family to the Emek Tzurim Sifting Project in Jerusalem.
Major cracks in King Herod’s Phasael Tower being repaired to lessen risk of collapse.
Israel’s foreign currency reserves rose nearly 10% from $115.279 billion to $126.023 billion in 2019.
This Shabbat, we read what is known as Parashat Shekalim, which deals with the half shekel coin that was collected from males over the age of 20. Why only a HALF shekel coin?
By JNi.Media
The defendant had been indicted on stealing seven beer bottles from a convenience store in Jerusalem while attacking the vendor and threatening him with a knife.
Not just in Israel... A coffee shop own put up a sign for coffee. "Coffee" - 9 Shekel "Coffee, please" - 8 Shekel "Good Morning, may I have a coffee please" - 7 Shekel
The shekel-dollar rate plummeted to 3.92 Thursday afternoon after the Bank of Israel announced it is leaving the interest rate unchanged next month. Before the announcement, the local currency traded above 3.95 shekels to the dollar on speculation that Bank would cut the rate which already is at a historic low of 0.1 percent. The […]
The dollar was trading at 4.01 shekels shortly before noon Friday, the highest rate since 2012. The Bank of Israel reported Friday that it bought $1 billion worth of dollars last month in its currency war to make the shekel cheap and increase exports. The shekel-rate sneaked across the 4.00 level last week but quickly receded. […]
It has been a one-way trip for the shekel since July, when the rate was 13 percent lower.
The higher rate is good news for Israelis with dollar accounts and for U.S. tourists.
The shekel-dollar rate continued its sudden rise Friday and was quoted at more than 3.605 shekels to the dollar for the first time a year. The rate had dropped to as low as 3.40 this summer. The Jewish Press noted last year that the rate was likely to go down to at least 3.40 if […]
Israel’s new position of being energy self-sufficient is merging with Jordan’s more dependent on Jerusalem.
How low can you get? The shekel-dollar rate sank to a 28-month low Tuesday, and a dollar now is worth only a tad more than 3.46 shekels, compared with 3.50 shekels a week ago and 3.75 a year ago. A shekel now is worth 29 cents, compared with 25 cents a year ago. That means […]
Israeli motorists will enjoy a relatively large drop in the price of gasoline in October following a sharp drop in the price of crude oil and a stronger shekel the past month. The end-of-the month adjustment Monday night is expected to knock approximately 45 agorot (13 cents) off every liter of regular unleaded fuel. The […]
The shekel-dollar rate sank to a two-year low Wednesday, reaching to as low as under 3.56 shekels to the dollar, after President Barack Obama called off a Senate vote on giving him permission to attack Syria. One shekel now is worth slightly more than 28 cents, good news for Israelis wanting dollars but terrible for […]
One dollar bought slightly more than 3.57 shekels Monday morning as the shekel lost some of its recent strength, possibly because of the violence in Egypt, according to the Atrade foreign exchange service. The shekel also weakened against the Euro. The Israeli currency, which most analysts believe will strengthen over the long-term, was trading at […]
The American dollar’s worldwide weakness helped drive down the shekel-dollar rate to below 3.53 shekels to the dollar Thursday, the lowest level since September 2011. One shekel now is worth 28 cents. Analysts have pointed to the lack of certainty over who will replace Stanley Fischer as Governor of the Bank of Israel, but the […]
Google out-navigates Facebook. Google will pay $1.3 billion for Waze. Coming on top of $2 billion purchase of Iscar, and rumors of SodaStream next in line, Big Business is far from boycotting Israel.
If you can’t beat’em, join’em. PepsiCo is reportedly bidding $2 billion buy out the Israeli SodaStream firm. A buyout could jeopardize the factory in Maaleh Adumim because of the boycott movement.
Former U.S. Secretary of the Treasury Larry Summers will join several other world financial leaders on June 18 for a $30,000 farewell party for Bank of Israel Governor Stanley Fischer, the Globes business newspaper reported Thursday. Fischer is leaving in the middle of his second term of office after having made aliyah to take the […]
The shekel-dollar rate has soared 4 percent in the past two weeks, with the latest jump today (Wednesday) prompted by expectations that the Bank of Israel will lower the interest rate again in June. The rate crossed the level of 3.69 shekels to the dollar on Wednesday after having dropped under 3.55 shekels to the […]
Bank of Israel Governor Stanley Fischer announced on Monday a surprise cut the prime interest rate as part of his battle to fight the appreciation of the shekel and help the economy to keep growing. The financial markets responded with the shekel-dollar rate rising more than 1.5 percent to the level of 3.61 shekels to […]
By Batya Medad
In actuality, Lapid as Finance Minister, isn't doing all that well.
Warren Buffett’s Berkshire Hathaway is paying $2.05 billion for the remaining 20 percent of IMC International Metalworking Co, otherwise known as Isracar, completing the buyout that began with the giant $4 billion purchase of 80 percent of the company in 2006. “We are delighted to acquire the portion of the company that was retained by […]
The Netanyahu government is going “politically correct” and will make sure the next serious of Israel shekel bills will feature a Sephardi Jew following last year’s four new banknotes that featured only Ashkenazi Jews. Prime Minister Binyamin Netanyahu said on Sunday he personally prefers that the “Sephardi shekel bill” feature poet Rabbi Yehuda HaLevy, calling […]
Bank of Israel Governor Stanley Fischer launched a new war on the falling shekel-dollar rate Monday and ordered the purchase of $100 million of greenbacks, soon after the rate dropped close to 3.59 shekels to the dollar for the first time in nearly two years. The massive purchase catapulted the rate from the 18-month low […]
The shekel strengthened against the dollar and euro in trading after the Rosh Hashana holiday. Tel Aviv’s foreign currency exchange market was closed Monday and Tuesday for the Jewish New Year.
After consulting with Finance Minister Yuval Steinitz, Prime Minister Binyamin Netanyahu released on Tuesday a 250 million shekel advance to the Palestinian Authority, due to concerns that public Arab protests against the PA may lead to anarchy in Judea and Samaria.
Israel is watching the continuing debt European debt crisis warily, as the European Union is Israel's top trading partner. But despite Europe's economic woes and trepidation in Israel, the EU is set to intensify relations with Israel by approving up to 60 new cooperative initiatives, according to AFP.
By Tibbi Singer
Haredi consumers are not, by and large, part of Israel's social protest movement, but their shopping savvy, it turns out, is evolving constantly.
In February, Chessed Yad L’Yad, Kiryat Mattersdorf’s local chesed organization, celebrated forty years of active involvement in the community. Beged Yad L’Yad, the Hand-Me-Down Pass-Me-On clothing gemach, was a natural subsidiary, especially with dozens of Anglo-Saxon families receiving clothing packages from abroad.
We knew the Israeli economy was in good shape, but this is ridiculous. Well, not if the shekel in question was minted just under 2000 years ago. The ancient Jewish coin was sold for $1.1 million (a record) at the Heritage Auctions house in Manhattan. It’s a silver shekel from 66 AD, and was bought […]
Israel is the most likely country in the developed world to provide riskless returns on investments, according to a report in Bloomberg Businessweek.
Migron's residents are not waiting for politicians to change their fate and are offering a one million shekel reward to anyone who can provide legal proof that Migron is owned by its residents and is not private Arab land.