Latest news and articles about الاقتصاد الإسرائيلي from NEX English
The ongoing conflict with Iran has exacerbated the unemployment crisis in Israel, with new data indicating a significant shock to the labor market since early October 2023. Despite the strength of the Israeli economy, the current situation raises concerns.
As Israel's Bank approaches a decision on interest rates, the outcome could significantly impact economic activity during the ongoing election campaign. The anticipated rate cut aims to stimulate an economy grappling with the effects of war and rising financial deficits.
Israel is facing a dual state of emergency for the third consecutive year, with citizens living in constant fear and seeking refuge in shelters. The government appears to exploit this situation rather than working towards normalcy.
United Airlines has announced the cancellation of all its flights to Israel until September due to escalating tensions from the ongoing war between Iran and Israel. This decision comes at a sensitive time marked by military escalation in the Middle East.
Ben Gurion Airport in Tel Aviv remains closed to flights while services from Gulf countries continue. This closure occurs during a sensitive time reflecting regional tensions and their impact on air travel.
The Israeli government has announced plans to increase the number of passengers allowed on flights departing from Ben Gurion Airport. This initiative aims to boost air traffic following a decline due to health and economic crises, coinciding with a notable recovery in the tourism sector.
Amir Yaron, the Governor of the Bank of Israel, has warned of increasing financial pressures in Tel Aviv, stating that tax cuts under current conditions are inappropriate due to high deficits and rising debt.
Reports indicate a rise in attacks on energy and industrial infrastructure in Israel, revealing a widening economic damage. This situation coincides with a decline in official transparency, increasing the trust gap between the government and citizens.
The Israeli government has announced a new budget for 2024 that clearly overlooks the needs of its citizens, sparking widespread discontent among economically burdened groups. This budget, revealed at a sensitive time, reflects an imbalance in resource distribution.
Ilan Rom, the Director General of the Israeli Ministry of Finance, unexpectedly resigned just hours after the Knesset approved the state budget for 2026, marking the largest in Israel's history.
The Israeli Central Bank has decided to maintain interest rates for the second consecutive time as tensions with Iran escalate, raising inflation concerns both locally and globally.
The Israeli parliament has approved the state budget for 2026, which includes a significant increase in defense spending to address rising tensions with Iran. This budget will be financed through additional borrowing and cuts to civilian expenditures.
Israel is experiencing significant economic losses estimated at around <strong>$3 billion</strong> weekly due to the ongoing war with Iran, according to reports from the Israeli Ministry of Finance. These losses are impacting various economic sectors across the country.
The Israeli stock market has experienced a significant decline following notable gains at the onset of the military campaign against Iran in collaboration with the United States. This downturn reflects a state of economic instability amid escalating military tensions.
A recent report from the <strong>Israeli Central Bank</strong> indicates that the Israeli economy has experienced a significant decline of <strong>8.6%</strong> since October 2023, largely due to the ongoing conflict with Iran. The report also raises concerns about Israel's air defense capabilities in protecting its cities.