Articles in "Economy"

Israel Wasted 2.6 Million Tons of Food in 2024, Worth $7.2 Billion

Israel generated 2.6 million tons of food waste in 2024, valued at roughly $7.2 billion, according to a comprehensive national food loss ...

Bank of Israel Cuts Interest Rate to 4.25% for First Time in Nearly Two Years

After nearly two years, the Bank of Israel lowered its interest rate, cutting it by a quarter of a percentage point to 4.25% on Monday. ...

Reworked Reservist Benefits Bill Clears Committee After Weeks of Coalition Tension

The Knesset Finance Committee on Monday moved forward a reworked bill expanding financial support for Israeli reservists, ending a ...

AI May Be Quietly Narrowing Worldviews, Israeli Scholar Argues

As generative AI tools like ChatGPT become embedded in daily life, one Israeli legal scholar is raising an urgent concern: these systems ...

Israeli Officials Downplay Impact of New US Tariffs

Israeli officials downplayed the impact of a new 15% U.S. tariff on Israeli imports on Friday morning, calling it relatively modest ...

‘A Heart of Gold’: Stanley Fischer, Key Figure in Israeli and Global Finance, Dies at 81

Israeli leaders mourned the death of a former leading figure in global economics and Bank of Israel Governor Stanley Fischer on Sunday ...

Israeli Leaders Scrambling to Reduce U.S. Tariffs

Israeli leaders are scrambling to negotiate with the U.S. administration to lower a newly imposed 17% tariff on Israeli exports, which ...

Knesset Finance Committee Advances 2025 Budget After 13-Hour Debate

After a marathon 13-hour debate, the Knesset Finance Committee approved the 2025 state budget on Sunday night, paving the way for its final ...

Ministry of Economy Unveils $60.9M Infrastructure Plan for Tech Growth

The Ministry of Economy and Industry is investing 220 million shekels ($60.9 million) in high-tech and deep-tech infrastructure to boost ...

Cymulate Acquires CYNC Secure to Bolster Next-Gen Cybersecurity Platform

Cymulate, a New York-based cybersecurity company, announced the acquisition of CYNC Secure, an Israel-based cybersecurity startup ...