Economy


Iran, Economy
Report: 90% of Iranians feel dissatisfied and hopeless due to bad economy

The country is now enduring a number of labor strikes and conflicts over fuel and resources. Fully one-third of respondents believe the situation is "beyond repair."

Avi Woolf | 08.09.24

Israel's economy, Wartime

Summary: Israel's Economy Faces Severe Threat as Gaza War Continues

Israel’s economy is under severe strain as the ongoing conflict with Hamas extends into its 11th month. The protracted fighting has led to a halt in tourism, closure of small businesses, disruptions in shipping, and an increased national deficit. Key areas such as Jerusalem’s Old City and Haifa’s flea market are experiencing significant downturns, with many businesses failing and luxury hotels running at half capacity.

Eliana Fleming, JFeed Staff | 27.08.24

Histadrut, Work-life balance

Unprecedented change: 40 hour work week for Israel's public sector 

This historic change aims to improve the work-life balance for hundreds of thousands of Israelis.

Gila Isaacson | 27.08.24

Shein, Counterfeit Makeup

SCARY: Israeli woman bought contact lenses on Shein– and nearly went blind

Bargain beauty's hidden danger: The true cost of counterfeit cosmetics

Gila Isaacson | 26.08.24

Iran, Economy

Not just the Mullahs: Iranians increasingly writing checks they can't cash

Iran International reports that Iranian checks are bouncing at levels not seen since the COVID-19 crisis.

Avi Woolf | 25.08.24

Economy, Cost of Living

Govt survey: Israelis in better financial shape than 20 years ago

An Israel Central Bureau of Statistics Survey shows plenty of economic struggle but also reason for optimism.

Avi Woolf | 15.08.24

Israel-Gaza War, Credit Rating

Fitch downgrades Israel’s credit rating to A, Outcome: Negative

War-driven fiscal challenges and geopolitical tensions prompt Fitch to lower Israel's rating, signaling potential economic hurdles ahead.

Gila Isaacson | 13.08.24

Iran, Hezbollah, Economy

In the shadow of Iran's missiles: What are Israelis buying to prepare?

Less sunscreen, more diapers: Israelis are stocking up as Iran continues to rattle its saber and prepare its missiles.

1
| Avi Woolf | 06.08.24

Iranian Stock Market, Economic Chaos

Tehran stock market plunges as Iran’s economy dives into chaos 

With public outrage boiling over, traders in Tehran turn off their systems in protest against economic mismanagement.

1
| Avi Nachmani | 06.08.24

Politics, United States, Economy

Donald Trump on stock market: Told you so!

With stock markets around the world dropping sharply, Republican nominee Donald Trump posted on TruthSocial claiming vindication when he warned this would happen under the Biden administration.

2
| Avi Woolf | 05.08.24

Economy, Consumers

Globes: Israelis love WhatsApp, Bamba, and Waze

These companies top the Globes list of Israel's top 100 brands in 2024.

Avi Woolf | 11.07.24

Israeli Arabs, Economy

Globes: Israeli Arab incomes increase faster than Jewish incomes in last decade

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

Avi Woolf | 09.07.24

High Tech, Layoffs, eBay

eBay to slash jobs in Israel amid global restructuring

This is the third time eBay has laid off employees in Israel. The last round saw around 30 employees lose their jobs.

Avi Nachmani | 26.06.24

Israeli Economy

Wealthy migrants depart Israel in wake of war

The Henley Private Wealth Migration report indicates that, for the first time in many years, more wealthy migrants are departing Israel than arriving.

Avi Nachmani | 19.06.24

Israel-Gaza War, Economy

Globes: Most retail sectors experience rise in May sales compared to previous year

The food, cafes, and computer sectors experienced an increase of 14% compared to the previous May.

Avi Woolf | 06.06.24

Economy

Ynet: 7/11 fails to break into Israeli local market, calls it quits

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.

Avi Woolf | 29.05.24

Economy

Calcalist: Milgam and Pheonix acquire Israel Postal Company, completing privatization process

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

Avi Woolf | 19.05.24

Israel-Gaza War, Economy

Calcalist: Israel experiences partial recovery in first quarter of 2024

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.

Avi Woolf | 16.05.24

Israel-Gaza War, Economy

Globes: Consumption up almost everywhere, including in north and south

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

Avi Woolf | 09.04.24

Economy, Sports Illustrated

Israeli company Minute Media acquires rights to Sports Illustrated

Minute Media Founder and CEO: "Sports Illustrated is the gold standard for sports media for 70 years."

Avi Woolf | 18.03.24