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United States

Steven Scheer

Concerns grow over Israel's loosening budget ahead of election year

Nov 14 2018

JERUSALEM As Israel approaches an election year, the central bank and analysts have become increasingly worried that the budget deficit is too high and gives the government no room to deal with a potential economic slowdown.

Israel rate hikes likely to start soon: outgoing cenbank chief

Nov 13 2018

JERUSALEM Israel's outgoing central bank chief said on Tuesday a short-term interest rate increase is not far off but pulling the trigger too quickly could delay a return of inflation to its target.

Israel's Intec Pharma eyes revenue from Parkinson's drug in 2019

Nov 07 2018

TEL AVIV Israel's Intec Pharma, which is conducting a late stage trial for its long-lasting pill to treat Parkinson's disease, expects to start earning money from the program sometime in 2019.

Israeli general strike averted as government pledges improved worker safety

Nov 06 2018

JERUSALEM Israel's main public sector union called off a general strike planned for Wednesday after the government pledged to improve safety around construction sites that have seen a spate of worker deaths from falls.

UPDATE 1-Israeli general strike averted as government pledges improved worker safety

Nov 06 2018

JERUSALEM, Nov 6 Israel's main public sector union called off a general strike planned for Wednesday after the government pledged to improve safety around construction sites that have seen a spate of worker deaths from falls.

Israel braces for general strike on Wednesday, government says may be averted

Nov 06 2018

JERUSALEM Israel's main public sector union said it would go ahead with a planned general strike on Wednesday that would shut down airports, banks and all government offices, in protest over what it says is state inaction over construction site deaths.

Rate hike needed as inflation to remain high - Sweden central bank's Floden

Nov 04 2018

JERUSALEM Martin Floden, a deputy governor at Sweden's central bank, said it was too soon to decide whether he would vote again for a rate hike in December but argued higher rates were needed given rising inflation and to boost the bank's credibility with markets.

Conditions still not ripe for Israel rate hike - deputy central bank chief

Nov 04 2018

JERUSALEM Economic conditions do not yet warrant a rise in interest rates, Bank of Israel Deputy Governor Nadine Baudot-Trajtenberg said on Sunday, rejecting a growing belief that higher rates are needed to build "ammunition" in case of an economic downturn.

Israeli unions threaten general strike over construction workers' safety

Nov 01 2018

JERUSALEM Israel's main public sector union has threatened to shut down the country's main airport, banks, stock exchange and all government offices from next Wednesday in protest over what it says is the state's inaction over construction site deaths.

Israeli unions threaten general strike over construction workers' safety

Nov 01 2018

JERUSALEM, Nov 1 Israel's main public sector union has threatened to shut down the country's main airport, banks, stock exchange and all government offices from next Wednesday in protest over what it says is the state's inaction over construction site deaths.

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