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ECONOMY

Port of Haifa Haifa Port privatization underway

The buyer will have to undertake to invest NIS 1 billion in the port.

price gun  photo: Tamar Matzafi CPI unchanged in December, home prices still rising

Correction: Israel's Consumer Price Index rose by 0.6% in 2019, well below the government's 1%-3% target range for inflation.

Working at home See you in the virtual office

What will happen to work when reality is no longer real, asks Nirit Cohen.

London  photo: Reuters New tax treaty seen boosting UK-Israel trade

The revised Israel-UK Protocol now in force has been warmly welcomed.

Robotics exhibition in Switzerland Switzerland and Israel: An entrepreneurial win-win

A new Swiss initiative will enable startups from the two countries to learn from each other's strengths.

Haredim and Arabs   photo: Reuters Poverty report: Lies and manipulation

The poverty report is about inequality, not children without food. The report's authors and media ignore this and make demagogic statements, says Dr. Michael Sarel.

Shir Elmaliach in Tourism Ministry campaign What could derail Israel's tourism boom?

It isn't Hamas rockets - the answer lies closer to home.

Moshe Kahlon and Benjamin Netanyahu  photo: Reuters Netanyahu cuts short cabinet discussion of deficit

The prime minister said political uncertainty made projections impossible, and presented positive figures on Israel's labor market and debt raising.

Shekel-dollar ASAP Creative Hapoalim: Israeli institutional investors boosting shekel

Bank Hapoalim believes that Israeli pension funds are reducing their exposure to the exchange rate by selling foreign currency through hedging activity.

unemployment  photo: Ariel Yarozlimksy Treasury sees hit to social services without new budget

The Ministry of Finance is unable to adjust spending priorities under transitional budget rules. It is also concerned that jobs growth is mainly in the public sector.

Moshe Kahlon Moshe Kahlon set to leave politics

Minister of Finance Moshe Kahlon will thereby fulfill his commitment not to serve in a government with a prime minister who has been indicted on criminal charges.

Prof. Amir Yaron Photo: Rafi Kutz BoI Governor blames speculators for strong shekel

Prof. Amir Yaron said the bank is prepared to buy as much foreign currency as it takes to prevent the appreciation of the shekel.

Leviathan gas reservoir / Photo: Albatros Leviathan gas: The good, bad, and downright confusing

The gas from Leviathan came ashore on time, exports look set, but Israeli factories still await hook-up, and no-one even knows who should decide on conflicts with Tamar.

Amir Yaron  photo: Rafi Kutz BoI keeps interest rate unchanged, cuts growth forecast

The Bank of Israel Research Department now sees the Israeli economy growing by 2.9% in 2020 instead of 3.2% as previously forecast.

Rony Hizkiyahu  / Photo: Finance Ministry Israeli gov't raises $3b bond

The bonds raised in London were oversubscribed with demand reaching $20 billion, 6.8 times the amount being raised.

Shekel Photo: ASAP Creative Shekel firm despite regional tensions

Analysts do not expect to see any change when the Bank of Israel's Monetary Committee announces its interest rate decision tomorrow.

Amir Yaron  photo: Rafi Kutz Israel's foreign exchange reserves surge

The Bank of Israel purchased $2.3 billion in foreign currency last month to weaken the shekel, which nevertheless still remains below NIS 3.50/$.

Moshe Kahlon Photo: Reuters Israel's 2019 fiscal deficit 3.7% of GDP

The deficit is NIS 12 billion higher than was planned in the 2019 budget.

Flooding in south Tel Aviv / Photo: Tel Aviv Area Police spokesperson Tel Aviv should spend less on PR, more on drains

The weekend floods are a symptom of mismanagement and neglect in poor and vulnerable neighborhoods.

Ultra Orthodox women in high tech Can Israel sustain rising wages, low unemployment?

The figures are encouraging but delving into the statistics more deeply reveals some problematic trends.

Career interview Workplaces gather vast information on employees

It's not difficult to imagine how organizations and authorities might take new capabilities a little too far.

Prof. Ilian Mihov "It's time to rethink capitalism"

INSEAD Dean Prof. Ilian Mihov tells "Globes" that if there is not reform and problems of inequality are ignored, then there could be a major cataclysm.

Benjy Singer / Photo: Shlomi Yosef , Globes WeWork Israel targets disadvantaged locations

WeWork Israel general manager Benjy Singer is confident the company will overcome its upheaval and plans providing offices outside the main high-tech centers.

Venn neighborhood community in Bushwick / Photo: Kfir Ziv Israeli venture capital discovers low tech

Israeli VCs are joining a global trend towards investment in innovative operational models rather than in new technology.

Traffic on Ayalon Highway All roads lead to a congestion charge

The Ministry of Finance plans to use existing transport schemes as infrastructure for collecting a congestion charge.

Google quantum computer component Israel joins the quantum club

In a five-year, government-sponsored program, Israel will focus on quantum science and technological applications.

Chinese president Xi Jingping and Greek prime minster Kyriakos Mitsotakis Israel a Chinese bridgehead?

If you want to know what the Chinese are after with Haifa Port, take a look at what they're doing in Greece.

Yaniv Garty "We have all it takes to win in AI"

Intel Israel chief Yaniv Garty talks about providing the complete AI solution, the trade war, corporate responsibility, and why it is worthwhile for Israel to offer Intel subsidies.

Prof. Isaac Ben-Israel Photo: Eyal Izhar Israel's national AI plan unveiled

Prof. Isaac Ben-Israel and Prof. Eviatar Matania head an effort to make Israel an AI power by replicating the success of government investment in cybersecurity.

British Virgin Islands Israel set to miss out on tax haven bonanza

Israel's political deadlock is hampering officials seeking to attract tech companies to Israel who are being forced out of tax havens.

Traffic on Ayalon Highway Traffic jams drive companies out of Tel Aviv

Lengthening travel times are causing people outside Tel Aviv to look for work closer to home.

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