Author: David Rutman

The war is taking a heavy toll on the Israeli people and its economy. Many young men have been called up to the IDF meaning less personnel at work and less demand for products and services. Others have been placed on unpaid leave. We have discussed some of the financial compensation procedures in recent articles. […]

In the four weeks since Operation Swords of Iron began, many businesses, especially those down South, have been affected and require aid from the government to keep existing. On Thursday, the Knesset voted in the first reading of a draft for an economic aid plan for businesses, but behind the plan lies a fierce political […]

Zoom Video Communications has terminated a webinar scheduled for November 2, after determining it violated company policies, as result as an inquiry by The Jerusalem Post. The webinar featured Hossam Badran, identified as a senior Hamas official, and aimed at disseminating the group’s propaganda to Western audiences. Julia from Zoom’s Trust and Safety department confirmed […]

Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry calls for the government to help ensure vital imports keep coming. Israel has vowed to annihilate Hamas after its terrorists stormed through Israeli towns from Gaza on Oct. 7, killing 1,400 people and seizing more […]

A coalition of Israeli organizations and companies, in collaboration with the IDF and Israel’s Health Ministry, is expeditiously importing and distributing advanced point-of-care medical equipment into Israel to address the nation’s urgent medical needs resulting from the Hamas terrorist organization’s deadly shock attack on October 7. The initiative is led by Rachashei Lev, a non-profit […]

A senior Microsoft Israel official expressed concern for the future of Israel’s high-tech sector due to the country’s war with the Islamist terror group, Hamas, warning multinational companies may close research and development activities. Tomer Simon, chief scientist at Microsoft Israel’s R&D Center, said he expressed his concerns in a letter to Tzachi Hanegbi, Israel’s […]

In September, Israel’s business sector exhibited signs of growth, with the Melnick State of the Economy index registering a 0.2 percent increase, offering a glimmer of hope for the nation’s economic recovery. However, Israel’s recent declaration of war on Hamas following the terrorist organization’s deadly shock attack in early October has cast a shadow of […]

In light of increased food prices since the beginning of the conflict in the Gaza Strip, prominent Israeli humanitarian organization Pitchon Lev has called for government intervention to impose price controls on essential consumer goods.  Eli Cohen, the CEO of Pitchon Lev, made this plea during a discussion held by the Knesset’s Economic Committee. He […]

How is the war between Israel and Hamas affecting the Jewish state’s high-tech sector? According to Dr. Erel N. Margalit, Founder and Executive Chairman, JVP, Margalit Startup City, Israeli companies are proving their resilience. “We have seen crises before and it is important to understand that since the Israeli high-tech industry was built we have […]

A fundamental shift must be made in national priorities, including mass reallocation of budgets, over 300 distinguished economists penned in an open letter on Monday addressed to Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich. In the letter, the economists expressed their concerns about the critical economic crisis facing Israel. They called for a […]