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Recession

News and updates about Recession

Israel headed for a recession?

Israeli businesses take a hit in 2016, signaling possible recession as growth fails to meet expectations.

Israel headed for a recession?

Warning signs for Israeli hi-tech

Once vaunted Israeli hi-tech sector now faces decline, as there are not enough computer science graduates to sustain growth.

Warning signs for Israeli hi-tech

Bank Expected to 'Goose' Economy With Rate Slash

The Bank of Israel is expected to cut interest rates further, in order to prompt spending in Israel's weak economy.

Bank of Israel Cut Interests Rates to New Record Low

Obama Cuts Holiday Short to Deal with Economy

Despite weeks of negotiations, Obama has yet to reach a budget deal with congressional Republicans to slash the deficit.

Obama Cuts Holiday Short to Deal with Fiscal Cliff

Two Large Israeli Tech Companies Announce Layoffs

Cellphone company Partner, and microprocessor designer and maker Freescale are laying off workers.

Two Large Israeli Tech Companies Announce Layoffs

Euro Zone Slips Back to Recession

Europe is slipping into a recession, according to data revealed by the European Central Bank on Wednesday.

Euro Zone Slips Back to Recession

Afraid of a Recession? Move to Israel

The US “slow growth” era wavers on the edge of a recession, but Barclay’s predicts the Israel economy will grow by 2.5 percent in 2012.

Afraid of a Recession? Move to Israel

Iran Warns Blockade Means Worldwide Recession

Iran pulled out its “oil card” Sunday, warning the West that blockading Iranian crude will result in sky-high prices at the pump.

Iran Warns Blockade Means a Worldwide Recession

Despite Recession Fears, Officials Get Fat Raises

The world's economic problems are likely to affect Israel soon, PM Netanyahu says - a day before he and other officials get salary raises.

Despite Recession Fears, Govt. Officials Get Fat Raises