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Israeli economy
Protests against Prime Minister Benjamin Netanyahu outside the prime minister's official residence in Jerusalem on July 25, 2020. Olivier Fitoussi/Flash90)
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Israel’s credit rating under no ‘immediate’ threat for downgrade: S&P
By Shoshanna Solomon
Even as nation struggles to contain virus, works without state budget and may face 4th election, top analyst who sets rating says macro fundamentals strong, institutions credible
WATCH: Israel must regain citizen trust to put nation on track, says economist
By TOI staff
As jobless soar amid virus, experts urge government to invest in training
By Shoshanna Solomon
Israel’s credit rating under no ‘immediate’ threat for downgrade: S&P
By Shoshanna Solomon
Protests against Prime Minister Benjamin Netanyahu outside the prime minister's official residence in Jerusalem on July 25, 2020. Olivier Fitoussi/Flash90)
August 13, 2020, 10:06 am
Israel’s credit rating under no ‘immediate’ threat for downgrade: S&P
Even as nation struggles to contain virus, works without state budget and may face 4th election, top analyst who sets rating says macro fundamentals strong, institutions credible
By Shoshanna Solomon
A man wearing a protective mask walks by a sign stating the number of unemployed in Israel, alongside the word 'Enough!!' in Tel Aviv, on July 22, 2020 (Miriam Alster/Flash90)
August 12, 2020, 11:55 am
As jobless soar amid virus, experts urge government to invest in training
Extended unemployment benefits could get people used to staying at home, economists warn; $184m. earmarked for 2020 training programs still unspent, Finance Ministry data shows
By Shoshanna Solomon
Amir Yaron, governor of the Bank of Israel, attends a press conference in Jerusalem, March 31, 2019. (Yonatan Sindel/Flash90)
August 9, 2020, 9:12 pm
Bank of Israel chief warns another election would strike blow to economy
As budget standoff threatens to send country to 4th vote since April 2019, Amir Yaron says reducing political uncertainty would boost market confidence
By TOI staff
The Times of Israel startup and economics editor Shoshanna Solomon (left) interviews Israeli economist Nadine Baudot-Trajtenberg (YouTube screenshot)
August 7, 2020, 2:47 pm
WATCH: Israel must regain citizen trust to put nation on track, says economist
In online ToI interview, Nadine Baudot-Trajtenberg says uncertainty over length and extent of pandemic is stunting economic stability, expanding wealth gap
By TOI staff
Thousands of protesters chant slogans and hold signs during a protest against Prime Minister Benjamin Netanyahu near his official residence in Jerusalem, August 1, 2020. (Oded Balilty/AP)
August 5, 2020, 2:51 pm
Majority of Israelis despondent about future of democracy here, survey shows
The danger to democracy looms larger than security threat, poll says; majority see Netanyahu’s handling of the coronavirus as ‘poor’ and most oppose new elections
By Shoshanna Solomon
Finance Minister Israel Katz holds a press conference at the Finance Ministry in Jerusalem on July 1, 2020. (Olivier Fitoussi/Flash90)
August 4, 2020, 4:02 pm
Finance minister opposes reported plan for High Holiday handouts
Israel Katz says he’s not aware of push by Netanyahu for another round of cash grants and that in any case, ‘I don’t think we should do that’
By TOI staff
Prime Minister Benjamin Netanyahu, right, listens to then-Foreign Minister Israel Katz during the weekly cabinet meeting at the Prime Minister's Office in Jerusalem, October 27, 2019. (Gali Tibbon/Pool Photo via AP)
August 4, 2020, 8:45 am
800,000 Israeli adults begin to receive government coronavirus handouts
After payments for parents arrived this week, most other adults to receive NIS 750 while those living on pensions and allowances to get double sum
By TOI staff
Illustration: A housing construction site. (Hadas Parush/Flash 90)
August 3, 2020, 4:45 pm
Tax cut on second-home purchases could push up home prices, experts say
Last week’s move signals government is abandoning its unsuccessful bid to bring down housing costs, to help construction industry and keep up supply amid pandemic
By Shoshanna Solomon
Israelis shop at the Mahane Yehuda market in Jerusalem on June 03, 2020. (Olivier Fitoussi/Flash90)
August 2, 2020, 4:54 pm
Finance Ministry says it could take five years for economy to recover
GDP could contract by 7.2% in 2020 if economic restrictions are reimposed due to coronavirus pandemic, according to forecast
By TOI staff
Prime Minister Benjamin Netanyahu and then-Transportation Minister Israel Katz attend the inauguration ceremony for a new train station in the southern town of Kiryat Malachi, September 17, 2018. (Flash90)
August 2, 2020, 9:13 am
Over a million Israelis start receiving government coronavirus handouts
Payments for parents arrive first in controversial NIS 6.5b stimulus plan, to be followed by transfers to the elderly and, eventually, the rest of the population
By TOI staff
The Knesset plenum during a vote on Prime Minister Benjamin Netanyahu's coronavirus stimulus package on July 29, 2020. (Screenshot)
July 29, 2020, 5:44 pm
Knesset approves amended version of Netanyahu’s NIS 6.5b handouts plan
Some eligible Israelis could receive cash as soon as Sunday; high wage earners excluded while some needier Israelis, bigger families, allocated larger sums
By TOI staff
Owners of event venues in Israel protest outside the Prime Minister's Office in Jerusalem with a black marriage canopy on July 26, 2020 (Yonatan Sindel/Flash90)
July 28, 2020, 10:00 am
Event hall owners threaten to reopen next week in defiance of government
In letter to Netanyahu hours before vote on aid package, association denounces plan as inadequate, says it would cause industry ‘extinction’
By TOI staff
Protesters demand government action at a demonstration in Tel Aviv's Rabin Square against economic policy in the wake of the crisis triggered by the pandemic, on July 11, 2020. (Miriam Alster/ Flash90)
July 23, 2020, 1:51 pm
Number of startups that have fired workers rises to 29%, July survey shows
Data depicts a situation that is ‘grim and more problematic than we previously envisioned at this stage of the crisis,’ says high-tech industry organization head
By Shoshanna Solomon
Self-employed Israelis block a road in Tel Aviv, during a protest calling for financial support from the government, July 11, 2020. (Miriam Alster/Flash90)
July 23, 2020, 4:53 am
Government adds NIS 480 million for groups in need to virus handout plan
Addition brings total estimated cost of proposal to NIS 6.48 billion; reportedly comes following demands from Blue and White party
By TOI staff
View of the Leviathan gas field gas processing rig near the city of Caesarea, on January 31, 2019. (Marc Israel Sellem/Pool)
July 22, 2020, 1:13 pm
Chevron’s Noble buy reflects Israel’s ‘warming’ ties with Gulf states — expert
International energy adviser says deal indicates Israel is ‘no longer a taboo’ in industry over fear of Arab boycott; still, the energy giant may end up selling the Israeli assets
By Shoshanna Solomon
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