Avi Simhon News Today

While Moody’s may be worried, investors should focus on the facts and that’s reason to be bullish.

A muted response by financial markets to the credit rating downgrade of Israel by Moody's last week shows inve

Consumer confidence stands at levels not seen since the COVID-19 pandemic in 2020, while the annual inflation rate has eased back down to 3%.

By Steven Scheer JERUSALEM (Reuters) - Israel's economy is taking a hit after more than four months of war with Hamas, but the economy looks set to grow slightly this year before rebounding in 2025 as long as the conflict stays contained to Gaza. I...

Consumer confidence stands at levels not seen since the COVID-19 pandemic in 2020, while the annual inflation rate has eased back down to 3%.

The plan includes continued monthly grants of NIS 1,400 for combat soldiers and NIS 800 for non-combatants.

National Economic Council head Avi Simhon prefers legislation allowing the budget deficit to widen to 6%, with NIS 67 billion as an extra item to cover the costs of the war, sources inform "Globes."

Following the Hamas attack, the Israeli government froze crossing permits for Palestinians working in the country and in Jewish settlements, especially in construction. Faced with the economic downturn, the government is looking for new cheap labor in Africa and is considering revoking the measure

Most called up are young men, the cohort employed in high-tech, which is key to Israel's economy. Read more at straitstimes.com.

The prime minister apparently seeks to defer a decision on extending Amir Yaron's term as governor of the Bank of Israel until the last minute, and perhaps to deflect blame should things go wrong.