News for Economy Federal Reserve Chair: Economic growth ahead, COVID a riskU.S. Fed Chair Jerome Powell predicts strong economic growth ahead but not every sector of the economy is recovering at the same pace. Report: Inequality deepens during coronavirus crisisAdva Center says poor, middle class have taken the brunt of the economic fallout of the last year while the rich have gotten richer. The Israeli Election and the leading parties' economic plans.What is missing from the chatterbox TV news programs is the vitally important plans of each party for the future of Israel's economy. Op-ed Naftali Bennett to Zelicha supporters: 'We'll represent you'Bennett's new campaign for Economic Party voters: 'We'll lower taxes, take care of economy. Zelicha does not pass electoral threshold.' Netanyahu: We aim to open the economy completely in AprilPM holds press conference outlining 5-stage plan for opening economy by April. Third lockdown caused less economic damage than previous onesFinancial analyst Dudi Reznik thinks that the economy is has suffered less under this lockdown than the ones before it. Head of vaccination program: Fourth lockdown still possibleThe head of the Magen Yisrael vaccination program says that vaccination is the key to avoiding a fourth lockdown. Gantz promotes rehabilitation for COVID-affected businessesJustice Ministry pushes 2 bills designed to help businesses facing insolvency, customers changing banks. The crucial Issues for Israel's March elections: The economy and Area CWhich candidates and parties are going to address the pressing issues facing Israel once, hopefully, the vaccine changes reality? Op-ed.. Israel's economy defies COVID-19Numbers speak for themselves, and while small businesses and workers will need help to recover, the data here will make it possible. Op-ed. Salaries of ministers and MKs to be cut by 10%Government approves ten percent cut in the salaries of ministers and Knesset members. Opposition Chairman Yair Lapid: 'Government has ceased to recognize reality'Lapid says Netanyahu crisis response 'not just detached, it's dangerous.' US economy suffers worst contraction since the Great DepressionGovernment says US economy shrank this spring at fastest rate ever recorded, contracting by nearly 10% in just three months. Netanyahu: We opened up economy too early, I take responsiblityPM Netanyahu, Finance Minister Katz present plan to aid businesses hurt by coronavirus restrictions. Lockdown regulations significantly eased with reopening of most businessesRestaurants, bars, pubs, swimming pools, tourist attractions to reopen. Social distancing rules to be maintained. MK Ayelet Shaked: 'Peretz and Nissenkorn will crash the economy'MK Shaked furious at incoming Economy Minister intention to promote social policy in office: 'There's real fear Israel will be poorer.' Oil prices plummet to all time lows - dropping below zeroRussia, Saudi Arabia scramble to cut production as oil prices suffer unprecedented collapse, falling into negative territory for first time. No gatherings of 2 or more people, weddings with guestsPM, Finance Minister present plan to provide grants to self-employed amid further restrictions on economy in response to coronavirus. Covid-19: The forgotten equation wreaks havocDoesn't anyone realize that shrinkage of the economy puts new demands on public health well out of reach? The economy has to be put into the equation. Series on China, Article I: Not for human consumptionFrom the Israeli press: The source of the Coronavirus is an issue for the International Court of Justice in the Hague. Which country will take up the gauntlet? Haim Toledano - The economic benefitHaim Toledano is delighted: 'Another exceptional Israeli achievement that will benefit our economy and reputation worldwide.' Officials: 'No way to avoid necessity of mass enforced quarantine'Health Ministry officials insist total shutdown of businesses, enforced home quarantine, is the only way to curb spread of virus Netanyahu: 'We'll put 10 billion into helping Israel's economy weather coronavirus crisis'PM Netanyahu promises to invest in helping Israel's economy and healthcare system weather coronavirus. 'We're in a good situation.' Netanyahu: Israeli economy doing fine despite coronavirusPM convenes discussion on economic impact of the coronavirus, says Israel not in danger of running out of supplies and food. MK Shaked calls on govt. to take steps to protect economy from Coronavirus falloutSmall businesses will be especially hard hit by fallout from Coronavirus. Government needs to extend tax breaks, provide safety net How ready is Israel's economy for the Coronavirus?PM Netanyahu holds discussion at his residence on Israeli economy's readiness for the consequences of the Coronavirus. The steep price of another Election DayThe day off given to workers on Election Day costs Israeli economy billions of shekels - this year, the cost is doubled by repeat elections. 'Trump only understands if somebody wins and somebody loses'Former Bank of Israel Gov. Stanley Fischer: Trump 'doesn't understand trade.' From trade wars - to World War III?Daniel Drezner argues trade disputes could spark World War III and why US grand strategy is more or less dead. Wonga.com compensation claims 4 times’ higher than expectedCollapse of payday lender gives customers who purchased expensive loans the chance to recover hundreds of thousands of dollars. 'A good year for the Israeli economy'Bank of Israel governor presents PM with annual report on the economy. 'The Israeli economy is in a good situation.' How property management software helps landlordsProperty managers must balance needs and interests of landlords and property owners as well as tenants. Price of electricity to rise by 2.9%Electricity Authority decides on increase after expectations of tariff hike. Guy Galboiz: Economy hasn’t been that bad since Trump’s arrivalInternet entrepreneur Guy Galboiz highlights some things that have improved since Trump took office. Don’t blame Ocasio-Cortez – blame her schoolingWe should not be amazed that this newly hatched Socialist Democrat is so clueless about the economy and international relations. Trump's economy: Promises that will be kept?The Trump administration is weighing a big tax cut for the rich, with no vote in Congress. And what will the citizens enjoy? Average wage continues to riseReal average wage rises by 4% from February through April, following 3.8% increase from November through January. Netanyahu: Israel moving up in the worldPM cites global economic data showing Israel's per-capita GDP rising, inequality falling. As Trump prepares for big speech, state of the economy is strongThe U.S economy is humming, and President Trump will undoubtedly take credit when he delivers his first State of the Union address. 'PA economy is completely dependent on Israel'Judea and Samaria Coordinator Yoav Mordechai says PA could have built a successful economy - if they had invested international aid money. Key task for Trump's administration: Overhauling trade policyA former deputy U.S. trade representative under President Obama thinks that President Trump must overhauling U.S. trade policy. Shekel emerges as world's second-strongest currencyIsraeli shekel comes in right behind Chinese yuan, German report says. 'It is in our common interest to strengthen peace with Jordan'Minister visits site of first major Israeli-Jordanian project since 1994 peace treaty. 'Project will bring prosperity to both peoples.' Netanyahu: Teach us to make a good cup of coffeePM Netanyahu promises to send Israeli tourists to Colombia, stresses importance of countries' cooperation in fighting Iran, ISIS. PM Netanyahu: Israel punches 200 times above our weightPM Netanyahu speaks speaks to conference of Argentinian and Israeli businesspeople, says innovation and the right environment create wealth. 'Israel's economy doing well, without a doubt'Bank of Israel presents annual report, President Rivlin says Israel's economy is good, but Israel must 'monitor economic processes closely.' Netanyahu: Israel's economy is growingNetanyahu says upcoming Australia visit will help Israel's economy continue to grow, slams Israeli public for not honoring elders. German economists oppose Italy exiting EurozoneGerman economists discuss what consequences may be if Italy leaves Eurozone. Understanding worldwide influence of US economyHow will the next White House’s plans shape the world? ILTV speaks with Gilad Alper, from the Israeli Minister of Finance. Public transportation strike after Yom Kippur?Bus strike in offing as Histadrut declares labor dispute after government refuses to renew subsidies. Company to test Chabad Rebbe's diamond predictionOn basis of faith in Lubavitcher Rebbe's predictions, exploration and mining company Shefa Yamim plans to issue new stock in London. Syria regime advances south of AleppoSyrian government forces advanced on Sunday south of Aleppo as they pushed to once again encircle rebel neighborhoods and reimpose a siege. Israeli soccer league goes on strikeHead of Israel Football Association informs Sport, Finance ministries that soccer players won't show up to games beginning Tuesday. Syrian pound drops sharply against US dollarThe value of the Syrian pound fell sharply over the weekend due to petroleum shortage as a result the war ravaging the country. Kahlon: 'Our economy is strong'Finance Minister assures cabinet of Israeli economy's readiness to deal with financial ripples caused by Brexit Poll: Israelis want Scandinavian-style governmentDespite economic improvements, most Israelis still frustrated with financial situation, want more gov't spending. Israeli Lives, Livelihoods Apparently Don’t MatterThings are not business as usual for Israeli traders buffeted by the wave of terrorist sweeping the country - here's how you can help. |
