JERUSALEM Israel has pushed back the creation of a sovereign wealth fund because tax revenue from natural gas has not yet hit the minimum needed to begin investing, and fund managers have not yet been chosen, Bank of Israel Deputy Governor Andrew Abir said on Tuesday.
JERUSALEM Bank of Israel Governor Amir Yaron said risks to the economy were rising due to a resurgence in COVID-19 cases, but the central bank opted to focus on calming financial markets and ensuring the low cost of credit instead of lowering interest rates.
JERUSALEM Swiped a credit card? Turned on the lights? Driven to work or the supermarket? Israel's central bank has been watching.
TEL AVIV The coronavirus crisis may be pushing El Al Israel Airlines back into the hands of the state, less than two decades after the flag carrier was privatised. | Video
JERUSALEM Bank of Israel Governor Amir Yaron said on Wednesday he supports an expansionary 2020-21 budget to help the economy recover from the coronavirus pandemic, which has forced businesses to close and unemployment to jump.
TEL AVIV Israel's economy is slowly returning to normal with the gradual easing of its lockdown, but the once vibrant diamond exchange floor in Tel Aviv remains shut and the diamond district, one of the world's main trade and polishing centres, is still deserted.
JERUSALEM Roadwork is booming in Israel as construction crews take advantage of empty roads and railways in the time of coronavirus to upgrade the developed world's most congested highways.
JERUSALEM An Israeli parliamentary oversight committee on Wednesday suspended police use of cellphone data to enforce coronavirus quarantines, with one lawmaker citing privacy concerns.
Jerusalem Ein Jahr nach der ersten von drei erfolglosen Parlamentswahlen hat Israel eine neue Regierung.
JERUSALEM Israelis celebrating the Jewish Passover holiday this week will hold the "seder", the traditional meal celebrating freedom from biblical slavery, confined to their homes under a national coronavirus lockdown.
U.S. Defense Secretary Mark Esper expressed concerns about Beijing's "destabilizing" activity near Taiwan and the South China Sea in a call with Chinese Defense Minister Wei Fenghe, the Pentagon said on Thursday.