Category: 6. Business
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Study calls out BBC for anti-Israel bias
For months, dozens of lawyers and data analysis experts sat down to examine, from a professional standpoint, the way the British Broadcasting Corporation (BBC) has been covering the war in Gaza since the terrorist attack by Hamas on… Continue Reading
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Israel’s budget chief warns on jump in interest rate costs
Senior Ministry of Finance officials warned of skyrocketing interest rate costs, due to the breach of the state budget, the economic uncertainty and the war, and said, “Increasing the budget framework could be dangerous for the… Continue Reading
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Gov’t report slams rooftop solar panels as too costly
Flooding the country’s rooftops with solar panels will cost the economy over NIS 1.1 billion annually, compared with use of very large solar fields in the Negev, according to a report by the National Economic Council, headed by… Continue Reading
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Shekel stable after week of heavy losses
Despite its current weakness, HSBC sees the shekel strengthening to NIS 3.6/$ by the end of the 2024 and Nis 3.4/$ by the end of 2025. The shekel is stable today against the US dollar… Continue Reading
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Nir Zuk’s new Israeli bank delaying opening
At the end of 2022, Palo Alto Networks founder Nir Zuk celebrated the award of a license for a new digital bank from the Bank of Israel, Esh Bank, in which he is a shareholder. The bank, set up by three young techies with no… Continue Reading
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Brown Hotels seen as highly attractive despite woes
The Brown Hotels chain, which operates dozens of hotels in Israel and abroad, is in financial difficulties. Its debt is estimated at at least NIS 100 million, it faced lawsuits that exposed complicated financial problems, and of… Continue Reading
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Major step towards establishing new hospital in Beersheba
Major news for residents of the South: Following the government’s decision to strengthen the public healthcare system and expand the public hospitalization network in southern Israel, the Finance and Health Ministries are implementing… Continue Reading
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Virgin Atlantic to resume Israel flights ahead of holidays
UK carrier Virgin Atlantic will resume flights between London and Tel Aviv from September 25, a week ahead of the High Holydays, according to reports in the foreign media. Flights can be booked on the carrier’s website, with… Continue Reading
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Taiwan wants to partner with Intel
Intelligence exchanges and technology cooperation between Taiwan and Israel are critical in combating shared threats, Taiwan’s Foreign Minister Lin Chia-Lung told The Jerusalem Post on Tuesday. “For Taiwan’s relations with Israel,… Continue Reading
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Gold & Silver Steady on Strong Dollar; Russia’s Silver Supply Strains Ma
Gold (XAU/USD) and Silver (XAG/USD) prices have struggled to gain significant momentum today. Gold is hovering around $2,512.57, facing resistance near the $2,513 mark. Similarly, Silver is down 0.42%, trading around $28.23. The recent… Continue Reading
