Finance

The increase in income comes thanks to a number of factors, especially the doubling of the number of Israeli Arab women in the workforce.

The reform, advanced by the Health Ministry, would allow any toiletries approved for sale in the EU to be sold in Israel without an additional license from the ministry.

A former head of the National Coal Supply Corporation told Israel Hayom that Columbia's decision to bar coal sales to Israel "until the genocide ends" is worrying but not an insurmountable challenge.

After years of steadily increasing interest rates, the European Central Bank is now starting to pull back a little.

The American convenience store giant operated in Israel for a year and a half via a franchisee, Electra, but has now decided to close up shop.

According to Elbit CEO Betzalel Machlis, the negative flow is due to investing in speeding up exports to waiting customers abroad.

A combination of stock market increases and greater stability in the country have returned things to normal in Israeli trading, and the expectation of a Fed rate cut is weakening the dollar.

The winners of the bid for the privatized company will take on its 440 million NIS of debt and fixed labor agreements.

After a sharp decline in annually calculated GDP in the last quarter of 2023 (23%), economic activity bounced back and increased by 14% the following quarter.

The Turkish Trade Ministry decided to temporarily lift restrictions on construction materials companies working with Israel. Meanwhile, the Foreign and Economy ministries are looking for alternatives to Turkey.

Despite inflation and displacement, Israeli local consumption is rebounding - with some caveats.

This decision stands in contrast to Moody's, which has both changed Israel's economic outlook to 'negative' and downgraded its credit rating.

Meanwhile, Bernard Arnault, who had previously defeated Musk for the top spot, is now ranked the third wealthiest person in the world.

The new agreement will include mutual tariffs reductions on each others' exports.

Meanwhile, JP Morgan informed its clients that the Bank of Israel maintained the current interest rate due to the government's expansionary budget policy.

The tax increase now goes to the Knesset for a second and third vote. Members of the committee, including on the coalition, criticized the move as too easy and harming the weakest members of society.

An analysis by Globes shows that after a significant drop at the beginning of the war, Israelis are back to ordering online.

The number of unemployed ticked up slightly, while the number temporarily absent or who ceased looking for work has gone down since December.

While this should mean coming reductions in the interest rate, but the Bank of Israel is likely to wait on the effects of Moody's downgrading of Israel's rating and the state budget.