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Home Category Economy

Economy

New mortgages in Israel up by 30% since start of 2019

Consumer Price Index continues to rise, up 2.5% since January

by Hili Yacobi-Handelsman

In July August, apartments became 1.2% more expensive while the cost of fresh fruit and vegetables rose by 9.5%. However, costs of culture and entertainment (2.6%) and clothing (2.1%) drop.

Has regulation rendered bitcoin worthless?

Has regulation rendered bitcoin worthless?

by Reuters and ILH Financial Desk

JPMorgan Chase CEO Jamie Dimon believes that eventually, all cryptocurrencies will be regulated by governments. Bitcoin trade climbs 5% in response.

Will commercial drones soon dot Israel's skies?

Will commercial drones soon dot Israel's skies?

by AP and ILH Staff

National Drone Initiative seeks to prepare for a world where commercial deliveries will be made by drones to ease highly congested urban roads. But some warn such use of drone technology will create a "totally new dimension of privacy invasion."

Leftist NGOs fail to report foreign funding, Knesset Research Center finds

Pandora Papers bring renewed calls for tax haven scrutiny

by AP and ILH Staff

Leaked records name hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and others as having been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century.

Estonian military to receive IAI-made anti-ship missiles

Estonian military to receive IAI-made anti-ship missiles

by Dean Shmuel Elmas

Blue Spear system is an advanced precision weapon that enables strike capabilities beyond the line of sight, against mobile and stationary targets at sea.

Czech Republic signs $627M deal for Israeli air-defense missile system
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Czech Republic signs $627M deal for Israeli air-defense missile system

by JNS and ILH Staff

The delivery of the Spyder surface-to-air missile system by Israel’s Rafael Advanced Defense Systems is scheduled to be finished by 2026.

IMF: Emerging market 'cryptoization' threatens financial stability

IMF: Emerging market 'cryptoization' threatens financial stability

by Reuters and ILH Staff

The International Monetary Fund urges developing nations to strengthen macroeconomic policies and consider the possible benefits from issuing central bank digital currencies as a response to the rise of crypto.

Global unemployment rates highest since Great Depression, OECD warns

Unemployment rate falls as economy recovers from COVID

by Hili Yacobi-Handelsman and i24NEWS

Government point to its decision not to impose another lockdown as basis for the positive figures,

After UAE, Uzbekistan opening its doors to Israeli companies

After UAE, Uzbekistan opening its doors to Israeli companies

by Dean Shmuel Elmas

There are opportunities to help modernize [the country] in terms of water management and irrigation, medical equipment, infrastructure development and smart cities," says Ron Doron, Vice President of the Israel-Asia Chamber of Commerce.

UAE seeks $1 trillion in economic activity with Israel by 2031

UAE seeks $1 trillion in economic activity with Israel by 2031

by Reuters and ILH Staff

Israel Export Institute chairman hails "window of opportunity" opened by Abraham Accords. "The economy is changing the face of the region and will offer a diplomatic infrastructure for strengthening bilateral ties,” he says.

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