ECONOMY

Qatar plans a free trade zone for diamonds and gold, and needed Israeli consent to join the countries entitled to trade in diamonds.

Ra'am leader Mansour Abbas: The time is past in which we were a statistic without influence in Israeli politics.

Andrew Abir tells "Globes" that the Bank of Israel can afford to maintain an expansionary monetary policy.

Jordan will export to Israel 600 megawatt of 'green' electricity and Israel will consider exporting up to 200 million cubic meters of desalinated water to Jordan.

This decision was expected after the lower than forecast October Consumer Price Index (CPI) rise of 0.1%, which reduced the pressure to raise the interest rate.

With inflation moderating and the shekel at peak strength, analysts see the Bank of Israel's expansionary policy continuing for a while yet.

Israel's Committee on Amendments to International Taxation recommends canceling the exemption from reporting on foreign income and assets for new immigrants and returning residents.

"Globes" has obtained the recommendations of the the Committee on Amendments to International Taxation.

The Fund, which will invest surplus profits from natural resources, was due to begin operating in 2018, but profits have been lower than expected.

To fix Israel's atrocious record, Deputy Minister of the Economy Yair Golan is promoting a single authority covering all aspects of safety at work.

Israel's GDP grew by only 2.4%, on an annualized basis, in the third quarter of 2021, according to the first estimate of the Central Bureau of Statistics.

In two weeks a deposit will be charged in Israel on large plastic drink bottles but few automatic bottle banks have been deployed.

Over the past 12 months, the Consumer Price Index has risen 2.3% and housing prices have risen 9.9%.

In the second half of October, unemployment rose to 5.6% from 5.1% in the first half of the month, the Central Bureau of Statistics reports.

Israel's Ministry of Finance has revised Israel's growth forecast for 2021 upwards from 5.5% to 7.1%.

Minister of Finance Avigdor Liberman: We'll close the gap between supply and demand within three to four years.

A report prepared by Israel's Civil Service Commission sees 15% of civil service jobs soon becoming obsolete due to digitalization.

The Bank of Israel's reasons for foreign currency purchases are different from what they were in the global financial crisis, leading to a different outlook.

Israel wants to issue permits for 500 Palestinian tech employees but there is little enthusiasm, with many preferring the 'remote' employment status quo.

After two lost years, the Transport Ministry has its biggest budget ever. It will mostly go to public transport.

Queues at clinics and traffic jams won't disappear tomorrow, but the 2021-2022 budget contains important long-term measures.

Like other leaders, Naftali Bennett is avoiding real action in the hope that future technologies will come to the rescue.

Four factors that are making the shekel appreciate, yet keeping the Bank of Israel on the sidelines.

"Globes" discusses the reasons the Bank of Israel might issue digital shekels and the advantages and drawbacks for the public and banks.

Repatriating just 10% of the Israeli techies based abroad will solve the industry's manpower problem, but it will take serious planning,  says Michal Braverman-Blumenstyk.

Only through investment in innovative solutions together with regulatory support and budgetary planning based on a long-term economic model, will Israel achieve its ambitious target to reduce methane emissions.

With businesses worth billions and investors waiting in line, in the last six months alone 10 kibbutz companies have been sold for hundreds of millions of dollars.

The government plans to fill Israel's technology worker shortage from the Diaspora. "Globes" offers some tips.

Globes and international business data company Statista are seeking the Israeli companies with the fastest rate of revenue growth from 2017-20.

"Globes" Israel Young Leadership project, 40-under-40, is underway and registration is open for all those who see themselves as worthy contenders.