United States

Ari Rabinovitch

Israel pushes back creation of sovereign wealth fund as gas revenue trickles in

Jul 07 2020

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.

Israel central bank expands bond market intervention, holds interest rates

Jul 06 2020

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.

Israeli central bank forecasting gets real during pandemic

Jun 23 2020

JERUSALEM Swiped a credit card? Turned on the lights? Driven to work or the supermarket? Israel's central bank has been watching.

Israel's El Al airline may be heading back into state hands

Jun 10 2020

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

Israel central bank chief says not to 'tighten belts' on budget yet

May 20 2020

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.

Israel's diamond industry grinds to halt amid coronavirus

May 15 2020

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.

Risking contagion, Israel upgrades empty roads and rails

Apr 23 2020

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.

Israel suspends cellphone-tracking for coronavirus quarantine enforcement

Apr 22 2020

JERUSALEM An Israeli parliamentary oversight committee on Wednesday suspended police use of cellphone data to enforce coronavirus quarantines, with one lawmaker citing privacy concerns.

Koalitionsregierung in Israel - Erst Netanjahu, dann Gantz

Apr 21 2020

Jerusalem Ein Jahr nach der ersten von drei erfolglosen Parlamentswahlen hat Israel eine neue Regierung.

Israelis put on coronavirus lockdown for Passover holiday celebration

Apr 06 2020

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.

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