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Palestinian State 'Would Crush the Israeli Economy'

Economics Minister Naftali Bennett says boycotts could harm Israel a little, but giving land away would destroy Israel's economy.Tova Dvorin, 1/20/2014, 5:21 PM

Melchior: Let's Not Fight Over Shemitta

The upcoming Shemitta year could be a great opportunity to spread Jewish education and values among Israelis, said Rabbi Michael MelchiorDavid Lev, 1/2/2014, 11:34 AM

Hamas Govt. Passes 2014 Budget Amid Plunging GDP

$784 million budget approved; GDP growth plummets from 26% to 3% in 2 years, unemployment rate at 30%.Dalit Halevi, Ari Yashar, 12/31/2013, 9:49 PM

OECD Sec'y-Gen Praises Israeli Economy With Lapid

In joint press conference, Angel Gurria and Finance Min. Lapid discuss new OECD report on Israeli economy.Yoni Kempinski, Ari Yashar, 12/9/2013, 9:26 AM

Report: In Spite of Strong Economy, Israeli Poverty Still High

High unemployment among Arab women, hareidi men contributes towards Israel ranking bottom out of 35 OECD states.AFP and Arutz Sheva Staff, 12/8/2013, 4:55 PM

Rouhani: Deal Helps Iranian Economy

Iranian President presents next year's budget, demonstrates how interim deal helps Iranian economy.Tova Dvorin, 12/8/2013, 12:55 PM

Israeli Hi-Tech Startups On The Rise Again

Acquisitions and bids at unseen levels since 2000 dotcom bubble burst, hi-tech sector attracting growing international attention.Ari Yashar, 12/2/2013, 1:21 PM

Lapid: No New Income Taxes Next Year

Income tax for Israelis will not rise next year, as had been planned, Finance Minister Yair Lapid said.David Lev, 11/25/2013, 10:17 PM

Top Economist Says Lapid Lied, Israel a ‘Paradise for Oligarchs’

Former Accountant General says centralization robs Israelis of purchasing power, puts country’s future at risk.Maayana Miskin, 11/21/2013, 10:57 AM

Bennett: Israel An 'Economic Light to the Nations'

If we can't agree on politics, we can agree that 'Israel is a light in the global economic storm,' said Economics Minister Naftali BennettDavid Lev, 11/7/2013, 12:46 PM

Analysis: PA Stalls Talks for Economic Incentives

PA officials repeatedly juxtapose money woes, complaints about Israel building initiatives. Is it a ploy to gain time, money for intifada?Tova Dvorin, 11/7/2013, 1:12 AM

Next Bank of Israel Governor: Karnit Flug

Acting Bank of Israel governor is appointed to prestigious post.Maayana Miskin, 10/20/2013, 2:39 PM

Netanyahu's New Year Message: 'We've Defied the Laws of History'

PM Netanyahu wishes Jews all over the world a happy new year, says Israel "remains an oasis" in the Middle East.Kochava Rozenbaum , 9/4/2013, 10:10 AM

Economy Expands Sharply as Israelis Spend

The Israeli economy continues to improve, figures from the Central Bureau of Statistics released Sunday said.David Lev, 8/18/2013, 4:23 PM

U.S. Economy is Improving, Says Expert

The United States economy is improving and is in better shape compared to other world countries, says Professor Avraham Ravid.Elad Benari & Eliran Aharon, 7/18/2013, 4:46 AM

Average Salary Up, Unemployment Low

The average salary in Israel rose 1.6% in April, following a separate 1.8% increase recorded in January. Meanwhile, unemployment remains lowDavid Lev, 7/7/2013, 4:35 PM

Netanyahu to Port Unions: The Monopoly is Over

Netanyahu, Lapid and Katz announce opening of two new ports. ‘2,000 men can’t shut down the country anymore.’Maayana Miskin, 7/3/2013, 2:01 PM

Unemployment Down Again in Israel

The Israeli economy continues to do well in the face of ongoing problems in the world economy, with unemployment down againDavid Lev, 6/30/2013, 8:18 PM

July Interest Rate Unchanged Amid Praises for Frenkel

Israel’s Bank of Israel kept the country’s prime interest rate unchanged at 1.25 percent for the month of July.Chana Ya'ar, 6/24/2013, 7:18 PM

Israelis Protest Proposal to Export Natural Gas

Israelis protest a government proposal to export 40 percent of the country’s newly discovered natural gas reserves.Chana Ya'ar, 6/23/2013, 10:57 AM

Israel Will Help Boost Colombian Economy: Peres

President Shimon Peres vows that Israel would help develop Colombia's economy, as he welcomed his Colombian counterpart Juan Manuel Santos.Rina Tzvi , 6/10/2013, 4:48 PM

Book Details History of Jews and Capitalism

"Jews were often excluded in the past by law from economic life making them look for new economic opportunities," says author of book.Douglas Goldstein, 5/29/2013, 12:14 AM

Bennett’s ‘Red Phone’ to Help Threatened Industries

Minister unveils new procedure for responding quickly to economic crises.Maayana Miskin, 5/2/2013, 10:01 PM

Bennett: Cost of Living Already Coming Down

Economics Minister Naftali Bennett on Sunday was named as chairman of a ministerial committee to reduce the cost of living in IsraelDavid Lev, 4/28/2013, 10:36 PM

More Jobs Available for Israeli Workers

While the U.S. and Europe suffer from ongoing unemployment, there were more jobs for Israelis, and workers earned more, at least nominallyDavid Lev, 4/8/2013, 5:46 AM

Steinitz: Sequestration Could Drag Down Israel's Economy

Finance Minister Yuval Steinitz called the latest fiscal developments in the U.S. “worrying"David Lev, 3/3/2013, 5:33 PM

Obama's 'State of Union' Set for Feb. 12

President Barack Obama will give his annual "State of the Union" address to Congress on February 12, the White House announced Friday.Rachel Hirshfeld , 2/10/2013, 2:35 PM

Obama Warns of Threats to Thousands of Jobs

Obama warned Congress that steep budget cuts would hurt the economy and threaten jobs., 2/9/2013, 8:19 PM

Israelis Importing So Many Cars, License Numbers Are Running Low

Not long ago, Israelis largely relied on public transport to get around, but those days are long goneDavid Lev, 1/28/2013, 10:01 PM

Israelis Crowd Malls, Beaches, and Restaurants in Rare 'Day Off'

The big winners on Election Day turned out to be the country's malls, restaurants, beaches, and parksDavid Lev, 1/22/2013, 9:01 PM

Group: Election Day Costs 'Crushing' for the Economy

Election Day will cost Israelis NIS 1.1 billion (about $300 million), a consulting group said - a crushing burden for the Israeli economyDavid Lev, 1/21/2013, 9:20 PM

Bennett: Expelling Jews would Kill the Economy

A withdrawal from Judea and Samaria would mean economic collapse, Naftali Bennett tells opponents.Maayana Miskin, 1/18/2013, 3:46 AM

AARP Warns Tough Economy Threatens 50+ Retirement

A new report from the AARP warns the drooping US economy is threatening future retirement for middle class workers age 50-plus. Chana Ya'ar, 1/16/2013, 1:41 PM

Obama Warns Republicans Against Toying with Economy

Obama warned Republicans against using the debt ceiling as a "bargaining chip," saying a failure to raise it would sow financial chaos. , 1/15/2013, 11:39 AM

Lapid: 'Settlers' Taking Money from Middle Class

Yesh Atid chairman tells Bennett: "You turned the communities in Judea and Samaria into another extortionate sector."Elad Benari, 1/15/2013, 1:17 AM

Economy Party Fights for Divorced Fathers, Against Terror

Even terrorism can be fought using economics. The new Calcala party is headed by a former Kadima MK and two American brothers.Ben Bresky, 1/13/2013, 8:51 AM

US Climbs Back Up Fiscal Cliff – Until Next Time

Congress finally climbed back on the fiscal cliff after falling off, but it may not be the last time the US visits the virtual precipice. Tzvi Ben Gedalyahu, 1/2/2013, 7:16 AM

Poll: Economic, Social Issues Top Security Ones for Voters

A poll taken on behalf of the Labor Party indicates that voters are more concerned with economic issues than they are with security issues.David Lev, 12/26/2012, 12:46 AM

Middle East Tensions Scare Off US Company from Israel

A US company balked at dealing with an Israeli firm because of concern over area tensions, setting off fears of a “security boycott.” Tzvi Ben Gedalyahu, 12/17/2012, 11:04 AM

PA Begs Arab World to Keep It Alive

PA Prime Minister Fayaad appealed to the Arab world to replace tax revenues Israel is using to pay off PA debts Tzvi Ben Gedalyahu, 12/17/2012, 7:46 AM

US Senate Set to Consider New Round of Iran Sanctions

The Senate is set to consider a broader round of economic sanctions on Friday against Iran's energy, port, shipping and shipbuilding sectorsRachel Hirshfeld , 11/30/2012, 12:47 PM

Expert: Pillar of Defense Cost Tolerable for Economy

As life in Israel gets back to normal after Operation Pillar of Defense, economists have begun tallying up the financial damage.David Lev, 11/25/2012, 6:24 PM

Amb. Oren: 'Israel-US Economic Ties Growing at Dizzying Pace'

"The economic and commercial ties between the two countries are growing at a dizzying pace," says ambassador Oren. Rachel Hirshfeld, 11/13/2012, 12:47 AM

Part-Timers Now Eligible for Unemployment Benefits

A new law will make it easier for Israelis who work part-time will for the first time qualify for unemployment benefits.David Lev, 11/6/2012, 8:14 PM

Diamond Mogul is Israel’s Richest Man: $8.1 Billion

Diamond magnate Beny Steinmetz is Israel’s richest man, replacing members of the famed Ofer family. How rich? $8.1 billion.Tzvi Ben Gedalyahu, 11/5/2012, 12:01 PM

Poll Shows Israelis Savvy About Money, Not Investments

A poll by the Central Bureau of Statistics showed that Israelis were very savvy about money matters, but less so about investments.David Lev, 11/5/2012, 12:14 AM

Giuliani: Obama Should 'Resign' Over Libya, Economy, Sandy

Rudy Giuliani tore into Obama, saying the president should "resign" over terrorist attack in Libya and for campaigning after Hurricane SandyRachel Hirshfeld , 11/4/2012, 10:16 AM

Two Large Israeli Tech Companies Announce Layoffs

Cellphone company Partner, and microprocessor designer and maker Freescale are laying off workers.David Lev, 10/28/2012, 8:14 PM

Ahmadinejad Denies Reports of Failing Economy

The Iranian President says his country's enemies are waging a 'psychological war' with their efforts to cripple the economyAnnie Lubin, 10/2/2012, 7:02 PM

Arab Spring Blew in Rotten Economy

The rotten fruits of the Arab Spring have been poor economies, the Arab Monetary Fund says. It also cited the global financial crisis. Tzvi Ben Gedalyahu, 10/2/2012, 8:24 AM

PA Protesters: 'Israel is Not Always to Blame'

Social protests are escalating within the Palestinian Authority territories with rising unemployment and no economic relief.Chana Ya'ar, 9/20/2012, 11:56 AM

Murdoch: King David Was Right, Jerusalem is the Capital

Media mogul Rupert Murdoch said at an investment meeting that, “What was right for King David is right for me. Jerusalem is the capital." Tzvi Ben Gedalyahu, 9/11/2012, 5:56 PM

Euro Zone Slips Back to Recession

Europe is slipping into a recession, according to data revealed by the European Central Bank on Wednesday.Chana Ya'ar, 9/5/2012, 6:38 PM

Israeli Unemployment Rate Drops 0.6%

Israel’s unemployment rate fell by 0.6 percent in July, according to a report from the country’s Central Bureau of Statistics. Rachel Hirshfeld , 9/4/2012, 4:13 AM

Minimum Wage Going Up to $1,069

Monthly minimum salary to rise by NIS 200 to NIS 4,300.Gil Ronen, 9/3/2012, 3:19 PM

Iranian War Threat Chasing Away Foreign Investors

The war of words between Israel and Iran is being treated as a real war by foreign investors and customers, scared of the real thing. Tzvi Ben Gedalyahu, 8/21/2012, 3:14 PM

War with Iran Could Cost Economy $42 Billion

A business firm says a war with Iran could cost the economy $42 billion (167 billion shekels) in direct costs and damages over five years.Tzvi Ben Gedalyahu, 8/20/2012, 2:04 PM