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Articles for the ‘Economy’ Section:

Ynet: Drop in exports continues in Q1

Published on May 22 2013 // Business and Financial News, Economy
05.22.13, 14:14–Regression in industrial activity continues: Thirty-four percent of Israeli exporters experienced a drop in exports in the first quarter of 2013, according to a survey conducted by the Economics Division of the Manufacturers Association of Israel. In addition, 48% see an erosion...

JPost: OECD: Red tape hinders Israeli businesses

Published on May 22 2013 // Business and Financial News, Economy
05/21/2013 22:49–An interim Organization for Economic Cooperation and Development report on Israel’s business environment found that despite an educated workforce and support for entrepreneurs and startups, the country’s bureaucracy and red tape still presented significant challenges in comparison...

Ynet: Young families struggle to make ends meet

Published on May 21 2013 // Business and Financial News, Economy
05.21.13, 14:52–Shaiel and Charlie (short for Charlotte) Yitzhak both work hard – he as an English teacher, she as a physical therapist working with wounded Israeli soldiers. Shaiel also tutors English privately and runs a summer camp for robotics. They have two young children, aged three years...

JPost: Young Israelis struggle to make ends meet

Published on May 20 2013 // Business and Financial News, Economy
05/20/2013 17:16–Shaiel and Charlie (short for Charlotte) Yitzhak both work hard – he as an English teacher, she as a physical therapist working with wounded Israeli soldiers. Shaiel also tutors English privately and runs a summer camp for robotics. They have two young children, ages 3 years...

Globes: Tshuva: Gas exports worth $100b to Treasury

Published on May 20 2013 // Business and Financial News, Economy
19 May 13 15:38,–”It is especially important these days to remember that gas exports alone will generate $100 billion for the treasury and the Israeli economy over the next 20 years,” said Delek Group Ltd. (TASE: DLEKG) controlling shareholder Yitzhak Tshuva at Mizrahi Tefahot Bank...

Globes: Lapid: Budget buys insurance economy won’t collapse

Published on May 16 2013 // Business and Financial News, Economy
16 May 13 12:08-”I will keep my promises. I will protect the middle class, and part of this is to ensure that the economy and all the services won’t collapse,” Minister of Finance Yair Lapid told “IDF Radio” (Galei Zahal) today. “Riki Cohen will lose NIS 290 from her monthly...

JPost: Bennett, Hauser clash over pyramid limitations

Published on May 13 2013 // Business and Financial News, Economy
05/12/2013 22:13–Economy and Trade Minister Naftali Bennett and Israel Securities Authority Chairman Shmuel Hauser on Sunday clashed over the extent that pyramid companies should be limited in the market-concentration reform. So-called pyramid companies refer to structures in which one large company...

Globes: BoI cuts interest rate

Published on May 13 2013 // Economy, The Daily Pick
Globes: BoI cuts interest rate
13 May 13–The Bank of Israel today announced that it is cutting the interest rate by 25 basis points from 1.75% to 1.5%, effective May 17, and also announced a plan for expanded purchases of $2.1 billion through the end of 2013. The Bank of Israel said, “In light of the continued appreciation...

Globes: Treasury and Histadrut deal averts strike

Published on May 09 2013 // Business and Financial News, Economy
9 May 13 09:49–Minister of Finance Yair Lapid and Histadrut chairman Ofer Eini reached an agreement last night on public sector employees, as part of the state budget, which include a number of concessions to the Histadrut (General Federation of Labor in Israel) in exchange for which the third...

Israel Hayom: Netanyahu seeks to boost economic ties with China

Published on May 08 2013 // Business and Financial News, Economy
May 8, 2013–Prime minister meets with Shanghai officials, says “We will introduce China to Israeli companies. This is the future” • Netanyahu also visits city’s Jewish Refugees Museum, says “We will never forget the kindness Shanghai has shown to our people.” Prime...
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