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ISRAEL AT WAR - DAY 376

Sharon Wrobel

Sharon Wrobel

Sharon Wrobel is a tech reporter for The Times of Israel.
Fainance Minister Bezalel Smotrich speaks during a press conference at the Ministry of Finance in Jerusalem, September 3, 2024. (Chaim Goldberg/Flash90)
October 15, 2024, 4:49 am
Treasury proposes to cut benefits, hike taxes for lowest earners to fund war
Arrangements Law also includes measures taxing advanced study fund and pension contributions; the ‘government is going to hit you in the savings,’ warns Liberman
By Sharon Wrobel and Sam Sokol
Workers remove broken glass from a damaged building that was hit during Iran's missile attack in Tel Aviv, October 2, 2024. (AP/Ariel Schalit)
October 13, 2024, 10:07 pm
Iranian missile barrage caused NIS 150m to NIS 200m in damage to property
Since the October 1 attack, about 2,500 compensation claims have been submitted for damage to buildings, vehicles, and contents, according to Israel Tax Authority data
By Sharon Wrobel
Illustrative: New Israeli shekel bills, September 24, 2023. (Hadar Youavian/Flash90)
October 10, 2024, 6:14 pm
Fiscal deficit climbs to 8.5% as state continues to shell out for war effort
Deficit climbs for sixth month above 2024 government budget ceiling of 6.6%, as spending on the war with Hamas and intense fighting with Hezbollah tops NIS 103 billion
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, January 2, 2023. (Yonatan Sindel/Flash90)
October 9, 2024, 8:13 pm
Central bank cuts growth prospects, holds rates as war expected to last into 2025
Bank of Israel Governor Amir Yaron urges the government to act on passing the 2025 budget with responsible austerity measures and policies to uphold the ‘economy’s robustness’
By Sharon Wrobel
A screenshot of the AI online search platform developed by Microsoft and Edut 710 to preserve testimonies of the Oct. 7 atrocities. (Courtesy)
October 8, 2024, 7:00 pm
Microsoft launches AI platform to preserve October 7 testimonies
Microsoft Israel engineers develop advanced AI tools to assist users around the world in creating personalized memorial ceremonies or events based on Oct. 7 survivor testimonies
By Sharon Wrobel
View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
October 7, 2024, 6:53 pm
Chevron suspends work on expansion of Leviathan gas field due to the escalating war
Operator of Israel’s offshore reservoir halts infrastructure plans until April 2025; construction was intended to boost production for export and domestic supply
By Sharon Wrobel
Illustrative image of employees working in the tech sector. (Hadas Porush/Flash90)
October 6, 2024, 9:37 pm
Fears of a ‘lost decade’: Will the tech sector be able to save the war-hit economy?
One year on from the Hamas onslaught, experts fret over whether economic recovery is possible in the face of government inaction to bolster a key growth engine
By Sharon Wrobel
The headquarters of US financial company Standard and Poor's (S&P) in lower Manhattan, New York, May 2014. (mixmotive via iStock by Getty Images)
October 2, 2024, 1:40 pm
S&P cuts Israel’s rating soon after Iran attack, warns of ‘delayed economic recovery’
Rating agency maintains a negative outlook on Israel, citing ‘intensifying conflict’ with Hezbollah and risk of ‘a more direct war with Iran’
By Sharon Wrobel
A man looks at the board displaying multiple delayed and cancelled flights at Ben Gurion International airport on August 25, 2024. (Avshalom Sassoni/Flash90)
October 2, 2024, 2:04 am
Israel seeks to reverse EU’s advice to avoid its skies as foreign carriers nix flights
After briefly resuming services to Tel Aviv, many European airlines suspend their flights for longer periods, leaving Israelis stranded abroad with local airlines fully booked
By Sharon Wrobel
A sign for credit agency Moody's, on August 13, 2010, in New York. (AP/ Mark Lennihan/ File)
October 1, 2024, 12:04 am
Moody’s explains risks of deterioration of Israel’s credit rating after downgrade
Rating agency worries about high level of uncertainty around Israel’s long-term security and the impact of government policies, political decisions on economic growth prospects
By Sharon Wrobel
Illustrative: Eastech tech campus workspace in East Jerusalem. (Courtesy)
September 30, 2024, 7:23 pm
Investment in Israeli startups slows in third quarter, but is up 32% this year
Capital raised by tech firms in July-September was down 20% compared with previous quarter, but up 40% year-on-year, IVC-LeumiTech data shows
By Sharon Wrobel
The site where a rocket fired from Lebanon hit a house and cars in the northern city of Safed, September 25, 2024. (David Cohen/Flash90)
September 29, 2024, 8:42 pm
Moody’s drastic downgrade will have ripple effect on war-torn consumers and taxpayers
A lower rating raises credit costs for the government, businesses and households; translates into higher taxes and prices, reduced disposable income; also impacts public savings
By Sharon Wrobel
A sign for Moody's Corp. in New York, August 13, 2010. (AP Photo/ Mark Lennihan/ File)
September 28, 2024, 2:34 am
Moody’s lowers Israel’s credit rating for 2nd time this year, amid Hezbollah escalation
Agency says Israel has no ‘exit strategy’ from conflict, which would help calm investors, and ‘no longer expects a swift and strong economic recovery’
By Sharon Wrobel
Israeli-American startup Immunai leverages machine learning and biology to develop a platform mapping the immune system to make drug discovery and development more efficient. (Courtesy)
September 26, 2024, 7:44 pm
Israeli AI startup forges $18m partnership with AstraZeneca for cancer drug trials
As part of the collaboration, drugmaker will use Immunai’s AI model of the immune system and machine learning for clinical decision-making in drug discovery and development
By Sharon Wrobel
Israeli low-cost airline Air Haifa. (Courtesy)
September 26, 2024, 3:08 pm
New Israeli low-cost carrier can’t take off from Haifa amid Hezbollah rocket fire
Air Haifa, based in the northern port city, will launch its inaugural route to Eilat on September 30 but from Tel Aviv’s Ben Gurion Airport instead of Haifa International Airport
By Sharon Wrobel
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