Israeli tech firms to stage warning strike against court reform
The list of companies planning to join the measure numbers over 130 entities and includes such internationally renowned brands as Wiz, INX, Cheq, Natural Intelligence, and Luminescent.
Economy
Israel inflation hit two-decade high in 2022
A report by the Central Bureau of Statistics cites increases in housing, food, transportation and telecommunications prices.
S&P says Israeli actions carry 'risk' of downgrade
"If the announced judicial system changes set a trend for a weakening Israel's institutional arrangements and existing checks and balances this could in the future present downside risks to the ratings. But we are not there yet," credit rating agency's senior analyst says.
Government to trim taxes, energy costs to fight inflation
Finance Minister Bezalel Smotrich, speaking alongside Netanyahu at a televised news conference, said the government would maintain fiscal responsibility while pursuing the plan.
New York sues Celsius Network founder Mashinsky, alleges crypto fraud
The civil lawsuit seeks to ban Mashinsky from doing business in New York and have him pay damages for violating laws.
What inflation? Israelis in US spared challenges of brethren back home
Israelis who moved to the land of opportunity say they have a better change of earning a decent living there because "shopping is deeply rooted in American culture."
What's behind recent heartbreaking trend of pet abandonment?
Animal shelters and associations report a concerning increase in requests to return adopted cats and dogs as Israelis struggling to make ends meet can no longer take care of their pets.
Unilever settles dispute with Ben & Jerry's over Israeli sales
“I am pleased that the litigation between Unilever and the independent board of Ben & Jerry’s has been resolved,” Israeli licensee says.
Shekel falls to its lowest level versus dollar since July
Bank Hapoalim's chief financial-market strategist notes that the dollar serves as a safe haven when markets drop.
Who wins and who loses when the shekel gains?
Israelis looking to buy from foreign websites can come out ahead, but exporters and the high-tech sectors aren't so lucky.