price gun  photo: Tamar Matzafi CPI up 0.3% in August, housing prices up 1.3%

The Consumer Price Index has risen 2.3% since the start of 2021, while housing prices have risen 8% over the past year.

Israelis had smaller and fewer overdrafts in August

In August 2021 the average overdraft for an Israeli family was NIS 11,216, 2.3% smaller than in July.

Shekel-dollar ASAP Creative Leumi sees shekel appreciating rapidly

Bank Leumi strategist Kobi Levi: The basic conditions of the Israeli economy clearly point to a strengthening of the shekel.

Prime Minister Naftali Bennett and Presdient Abdel Fatah Al-Sisi meet in Sharm El-Sheikh  credit: GPO, Kobi Gideon Bennett, Al-Sisi discuss deepening cooperation

Prime Minister Naftali Bennett described his meeting with Egypt's President Abdel Fatah Al-Sisi as "very important and very good."

Avigdor Liberman Photo: Israel Institute of Democracy Israel's fiscal deficit narrows to 8%

The cumulative fiscal deficit in Israel for the twelve months to the end of August 2021 narrowed to 8% of GDP, or NIS 116.9 billion, down from 9.2% at the end of July.

Tel Aviv / Photo: Shutterstock, Time Out ranks Tel Aviv world's most fun city

In a survey of 27,000 people, Tel Aviv was ranked the world's eighth best city and the second best for food and drink.

Just 20,000 people drive Israel's tech industry - study

Sparks Consulting Group finds that concerns about a brain drain of Israel's elite group of talented people are well founded.

Bank of Israel Photo: Shutterstock ASAP Creative BoI stepped up foreign currency purchases in August

The Bank of Israel reported that it bought $1.64 billion in foreign currency in August, after buying only $500 million in July.

Israel flag Israel's population 9.4m on eve of 5782

The country's population grew by 1.6% over the past year, the Central Bureau of Statistics reports.

Avigdor Liberman Economic Arrangements Bill passes first reading

The coalition parties reached a compromise on the establishment of a Regulation Authority.

Avigdor Liberman in the Knesset  credit: Noam Moskowitz, Knesset Knesset gives first reading to budget bill

The budget framework bill is the first of six the Knesset will vote on in debating the first state budget for three years.

Benjamin Netanyahu, Yisrael Katz, pre-Covid-19 / Photo: Knesset spokesperson Comptroller slams Netanyahu gov't's handling of Covid crisis

From unemployment to business loans, and decisions on lockdowns, State Comptroller Matanyahu Englman is harshly critical of the Netanyahu government's handling of the Covid crisis.

Container ship Cosco Shipping Alps docking at Bay Port, Haifa  credit: Ibrahim Joubran, AG Measurements Ltd. First mega vessel marks Bay Port opening

The Cosco Shipping Alps is of a size never before seen in Israel. Will the opening of the new port bring consumer prices down?

Western Wall Israel Post's Western Wall mailbag triples during Covid

"Dear God please end the Covid pandemic and please make my parents buy me a new iPhone and JBL speakers," wrote a boy from Germany.

Hadera power plant  credit: Eyal Fischer Carcinogen emissions up 14% in Israel in 2020

Waste burning is the source of 62% of the carcinogens released into the air, while Israel is a leader for greenhouse gas emissions per capita.

Benny Gantz  credit: Yossi Zamir Defense Minister Gantz meets PA chief Mahmoud Abbas

The meeting was the first between Abbas and a senior Israeli minister since 2010.

Leaving a job Photo: Shutterstock Workers quitting jobs hits record levels in Israel

Despite high unemployment in the wake of the Covid pandemic, the number of Israelis quitting jobs has reached the record level of 22.6% of job seekers.

Fires in Siberia  credit: Julia Petrenko / Greenpeace Harness Israeli tech to meet climate crisis

Firstime Venture Capital founder Jonathan Benartzi argues that tech investment has a large role to play in combating climate change.

In Israeli high tech, salary is not everything

As tech salaries spiral, human resources experts tell "Globes" that employees can be retained by factors not related to money.

High-tech office / Photo: Shutterstock, 8.7% of the workers pay 24% of the taxes

Resentment at the high earnings of technology sector employees overlooks their outsize contribution to Israel's economy.

Dollars Photo: Shutterstock Israel failing to collect billions on tech share options

Tech employees in Israel need only pay 25% capital gains tax on share options rather than the much higher income tax rate.

Riskified CEO Eido Gal Photo: CRC Media Israel's newly rich techies arouse envy and emulation

In focusing on the glamor and money, the media overlooks the 97% of startups that fail and the 24/7 efforts of those that succeed.

Aura residential construction project / Photo: Eyal Izhar, Globes Treat the disease, not the symptom, in Israel’s housing crisis

Investment home buyers are the solution, not the problem, and the government should stop punishing them.

Call for Entries: Globes ranks Israel's best employers

Globes and international business data company Statista are seeking Israel's best companies, in the opinion of their employees and their rivals' employees.

Polluting car Consumers and managers join ESG drive

An international survey by PwC finds a preference for working and buying from ESG-conscious enterprises, but Israel is well behind the trend.

Offshore mediterranean gas: Reuters Chevron's regional responsibility

The US energy giant must see the political as well as business need for a swift settlement with Cyprus on the Aphrodite-Ishai field.

Rapyd billboards Photo: Rapyd Tel Aviv's battle of the billboards

With a chronic shortage of talented employees, Israel's tech companies are investing in billboard ads to help fill their rapidly growing number of job vacancies.

Yoni Wasserman and Amit Rapaport  credit: Compete website Non-techies lead Israeli tech industry pay boom

Salespeople and project managers are benefiting as more Israeli startups decide to grow independently, says pay data company Compete.

Riots in Lod, May 2021  credit: Gregory Baldwin, Reuters Disenfranchised youth endangering Israel from within

The recent violence in Israel's mixed cities is a call to action on alienation, neglect, and crime among Arab youngsters.

Benjamin Netanyahu / Photo: Knesset Spokesperson Adina Walman , דוברות הכנסת Netanyahu's economic record: The good, the bad, the indifferent

Low unemployment, high growth rates (but not high enough), and a resounding failure on housing.

Michal Braverman-Blumenstyk / Photo: Yossi Zaliger PR Stop being politically correct, start working on coexistence

Businesses are not meant to assume the role of the state. However, on the day after they should step up and try to make a difference, says Microsoft Israel R&D CEO Michal Braverman-Blumenstyk.

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