ECONOMY

Despite his initial reluctance, Bank of Israel Governor Prof. Amir Yaron has now fully embraced forex intervention as an instrument for weakening the shekel.

Speaking at the climate conference in Madrid, the minister of energy said that use of coal in Israel would be reduced by up to half by the end of 2019.

42% of Israel's households had an overdraft in at least one of the past 12 months, while 29% of households had loans not related to mortgages, the Central Bureau of Statistics reports.

The heaviest rains on Monday were reported in the center and south of Israel.

Matanyahu Englman's report has been massively revised and will include no personal criticism of Minister of Finance Moshe Kahlon and director general Shai Babad, sources inform "Globes."

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

The gross average salary per month of a woman in Israel in 2018 was 68.4% of the gross average salary per month of a man, down from 68.6% in 2017.

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

According to the Latet organization's Alternative Poverty Report, 2,306,000 Israelis live in poverty.

Israel’s foreign exchange reserves at the end of November 2019 stood at a new record of $122.383 billion.

Government spending so far this year is up 6.1%.

The average salary jumped 4.6% between September 2018 and September 2019, but much of the rise is due to the incidence of the Jewish holiday season.

Energy Finance CEO Yossi Frank: After two hours, the foreign currency market was back right where it started.

A Taub Center book advocates intensive intervention at a very young age.

Lower than expected revenues from the Tamar gas reservoir and government paralysis mean the fund meant to invest in Israel's future is yet to get off the ground.

J.P. Morgan Israel managing director Yoav Intrator spoke at The Enterprise Technology Summit held by "Globes" and J.P. Morgan.

The average temperature in Israel is projected to rise 1.2 degrees by 2050.

The running-in period of the Reduction of Use of Cash Law is over, and offenders will be subject to heavy fines and imprisonment.

Ari Bronshtein is the latest in a series of IDB Development-Discount Investment group executives who have decided to leave.

Arnon Bar-David was speaking at the 2019 annual industry conference.

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

Dividends from state-owned companies in Israel are expected to top NIS 1 billion this year.

Dr. Ber, who took up the post in 2015, led the separation of the credit card companies from the banks, and encouraged the adoption by the banks of new technologies.

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

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

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

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

New EU regulations and car industry changes in China are brewing a storm that will blow hard in Israel.

A PwC report for the Ministry of Defense is against a share offering for Israel Aerospace Industries, but the Government Companies Authority, backed by McKinsey, is in favor.

Regulatory concern about money laundering has resulted in Israel's banks refusing to open accounts for overseas taxpayers, leaving them unable to pay.