Category: 6. Business
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Gold prices slump in early Monday trading while bitcoin surges
Gold and silver traded about 2% lower on Monday morning as prices continued to consolidate following the election of former U.S. President Donald Trump to a second term. Gold prices were about $60 an ounce lower, to $2,620 an ounce, and… Continue Reading
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U.S. Dollar Decline May Be One Reason for the Recent Gold Surge
U.S. dollar decline has been in the news a lot lately, and that’s what this article is going to examine. But gold has been one of the biggest financial stories of the year. Gold climbed 35%, to nearly $2,800 per ounce, from the beginning… Continue Reading
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Gold/Silver: Precious Metals Decline Overnight! Key Levels of Support
In a recent “Metals Minute” commentary by Blue Line Futures LLC, precious metals expert Phil Streible highlighted a decline in both gold and silver prices overnight. Key Levels of Support Streible expressed concern over the weakening trend in… Continue Reading
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Israel’s fiscal deficit narrows after 18 months of rises
Israel’s fiscal deficit has narrowed for the first time since the start of the war. The deficit for the twelve months to the end of October this year was 7.9% of GDP, or NIS 154 billion, Ministry of Finance accountant general Yali… Continue Reading
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Israel Tax Authority to close cryptocurrency loopholes
The Israel Tax Authority and the Ministry of Finance economics division have distributed draft legislation defining cryptocurrency and other digital assets according to the Income Tax Ordinance, and on which capital gains tax will… Continue Reading
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J.P. Morgan cuts Israel’s growth forecast
In its latest report on Israel, J.P. Morgan has cut the country’s growth forecast for both 2024 and 2025. The US investment bank sees 0.5% GDP growth in 2024, down from its previous forecast of 1% and 3.3% growth in 2025, down from… Continue Reading
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Amazon, Google to compete for Israel’s supercomputer tender
Two years after the Israel Innovation Authority began its national AI program, it is now nearing the purchase of a supercomputer from one of the Israeli government’s national cloud suppliers – Amazon and Google. The budget for… Continue Reading
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Gold & Silver IRA Scams to Avoid
As precious metals investing continues to grow in popularity, unscrupulous bad actors are looking to take advantage of unsuspecting investors. It’s vital to be aware of the common tactics used in Gold IRA scams so you can protect your… Continue Reading
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Dovi Frances to help set up Israel AI National Directorate
In recent weeks the Israeli government has been moving forward in setting up an National Directorate that will coordinate all the government’s AI activities from within the Prime Minister’s Office. To a great extent this directorate… Continue Reading
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The ‘special forces’ of medical studies in Israel
The School of Medicine at the Weizmann Institute of Science in Rehovot will train 40 students every year to be physician-researchers who can provide top-quality care to patients while at the same time focusing on groundbreaking research for… Continue Reading
