Articles in "Economy"
Rafael Unveils Sky Sonic Hypersonic Missile Interceptor
Rafael Advanced Defense Systems has unveiled a full-scale model of its Sky Sonic interceptor, designed to counter hypersonic missiles and ...
Gaza Border Communities Surge 10% Above Pre-October 7 Population
Israel's Gaza border region, known as the Tekuma, or “Resurgence,” area, has grown by roughly 10% since the eve of the October 7, 2023 ...
$12.4B Paid to Israelis, Businesses in War Compensation Since Oct. 7 Attack
Ahead of the third anniversary of the Oct. 7, 2023 Hamas attack, the Israel Tax Authority released data showing that the state has paid ...
Israel’s Economy Expands Despite War, Inflation Falls to 1.5%
Israel’s economy showed continued resilience ahead of the Jewish New Year of Rosh Hashanah, with gross domestic product (GDP) rising 3.2% ...
Israel, Germany Explore Turning Volkswagen Plant Into Defense Hub
Israel’s Rafael Advanced Combat Systems, the German state of Lower Saxony and Aurelius Capital signed a declaration of intent Monday to ...
Bank of Israel Cuts Interest Rate to 3.25% in Third Consecutive Reduction
The Bank of Israel on Tuesday lowered its interest rate by 0.25 percentage points to 3.25%, the third consecutive cut, citing moderating ...
Israel Launches Consortium to Prepare Communications Networks for Quantum Threats
Quantum computers could one day break some of the encryption protecting the Internet, and an Israeli-led consortium is working to make sure ...
Bank Leumi Profit Rises as Israel’s Banking Sector Shows Resilience Amid War
Israel's Bank Leumi reported strong second-quarter results on Tuesday, with net income rising 8.5% year-on-year to NIS 2.8 billion ($940 ...
Moody’s Leaves Israel’s Credit Outlook Stable, Praises Economic Resilience Despite War Costs
Moody’s left Israel’s sovereign credit rating unchanged at Baa1 with a stable outlook, signaling confidence in the economy’s ability ...
Israel’s Welfare System May Run Out of Reserves by 2035 as War Costs, Aging Population Mount
Israel’s wartime fiscal burden is colliding with an aging population and a fast-growing welfare bill, as officials warn ...
