European retail industry body Eurocommerce called on European Union institutions and member states to resolve the Red Sea crisis that has disrupted trade, saying in a letter to Belgium’s foreign minister that it has already had “massive impacts” on businesses. Shipping companies have rerouted container vessels away from the Red Sea to avoid Houthi militant […]
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The US will not follow Britain and Japan into recession because of a fundamentally stronger recovery that has enabled healthy consumer spending, with Biden administration spending on infrastructure and clean energy fostering business investment, White House economic adviser Lael Brainard said on Thursday. Brainard told reporters at an economics conference that continued US growth would […]
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Innovation is key to making the world a better place and indispensable to guaranteeing a future of peace and prosperity, several Israeli high-tech executives argued during “Joint Perspectives – A German-Israeli Summit,” which took place in Berlin on Wednesday. The conference, organized by The Jerusalem Post and WELT, a member of the Axel Springer media […]
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Israeli company FreezeM which specializes in breeding black silver flies has completed a $14.2 million Series A funding round to accelerate the deployment of its flagship product, PauseM. PauseM provides ready-to-use young larvae of the black soldier fly, which have been “paused” in their growth cycle for 14 days but can be reawakened. By using […]
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Match Group MTCH.O was sued on Wednesday in a proposed class action claiming that its dating apps Tinder, Hinge and The League are designed to addict users, generating more profit for the company, rather than help them establish relationships. The plaintiffs said Match’s “predatory” business model defrauds those looking for love and fearful of missing […]
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The Israeli government said on Wednesday it has approved the use of Starlink satellite services in an Emirati field hospital in Rafah in the war-battered Gaza Strip and in Israel for the first time. “The Israeli security authorities approved the provision of Starlink services at the UAE’s field hospital operating in Rafah,” the Communications Ministry […]
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A muted response by financial markets to a credit rating downgrade of Israel by Moody’s last week shows investors understand that Israel’s economy is only temporarily struggling due to the war with Hamas, Prime Minister Benjamin Netanyahu’s chief economic adviser said. Since Moody’s on Friday cut Israel’s sovereign credit rating to A2 from A1 — […]
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Finance Minister Bezalel Smotrich’s proposed 15% budget cut for the Arab sector will bring the local Bedouin councils to the edge of collapse, with serious repercussions for all of Israeli society, economic adviser for the National Committee of Heads of Arab Local Councils Ziad Abu Gnem said at an emergency meeting held for the heads […]
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Prof. Yaron Zelekha, head of the School of Accounting, Economics, and Financial Management at Kiryat Ono Academic Campus, addressed the credit rating downgrade of Israel by Moody’s during an interview Sunday on 103FM. “A door to a wave of credit rating downgrades has opened here, both for other rating agencies and for Moody’s itself. The […]
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This past December, I attended a four-day conference in Phoenix, Arizona, for TurningPoint USA, where I met fellow American patriots who also share a very deep love for Israel. At the exposition, there were countless booths that sold sentimental American artifacts, but there was one particular business owner and his company that stood out. Bret […]
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