Category: Business

Recent findings indicate that Israel’s ongoing conflict with Hamas might have a substantial effect on the business sector’s production, with a potential decrease of 3.8% projected for the year’s fourth quarter (Q4). Published on Tuesday, the Melnick State of the Israeli Economy Index recorded a 0.7% decrease in October 2023, providing an early indication of […]

The Bank of Israel kept short-term borrowing rates unchanged for a fourth straight time on Monday as policymakers remained focused on maintaining financial stability during the war. The central bank held its benchmark rate ILINR=ECI at 4.75% – its highest level since late 2006. It had raised rates 10 straight times in an aggressive tightening […]

Israeli tech companies face severe economic repercussions as Israel’s war with Hamas continues. In response, Geomatrix, an R&D company specializing in various sectors, has initiated “Startup Envelope,” a project which aims to mitigate the conflict’s economic fallout on the tech sector. It offers a comprehensive support package including equipment, facilities, human resources, and financial investments […]

As the IDF continues operations in Gaza in order to fully eliminate Hamas, questions have been asked about whether targeting the physical infrastructure alone will restore security to Israel. Erel Margalit, chairman and founder of JVP, asserts that eliminating the economic infrastructure of Hamas is also crucial for eradicating the terrorism threat they pose. Financial […]

The spotlight is on American college and university campuses, where protests and threats have become outright antisemitic, and the campuses have become dangerous places for Jews. In the wake of widespread support of Hamas (and its genocidal war against Israel, the Jewish people, and the West in general), antisemitism is at an all-time high, particularly […]

Hairstylist and makeup artist Michelle Shtessman woke up one morning and said to herself, “I have to do something for the war effort.” A native of Canada, she remembers when, during the Second Intifada, Izzy Kaplan – the late owner of the Israel’s Judaica Center, located in midtown Toronto – brought in vendors from all […]

The current conflict has created a new situation: Hamas has attracted widespread condemnation and is understood to be a threat to civilized nations. The current conflict in the Middle East creates both a need and an opportunity to establish an overarching goal for the day after the war. This goal needs to be a strategic, […]

For better or worse, the Israel-Hamas war has garnered a disproportionate amount of international attention, support, and criticism, with world leaders and keyboard warriors alike weighing on Israel’s diplomatic options as the Jewish state continues to push ahead with its goal of eradicating the threat of Hamas to have any chance at regional peace. It […]

Caution: The shopping holidays (and the scams) are already here During the month of November, online shopping days such as Shopping IL, Black Friday, and Cyber Monday were launched in a slightly different format to support local businesses. Unfortunately, this time of year also attracts many phishing attacks aimed at stealing your money. ESET, an […]

The month of shopping is upon us, with Black Friday deals unveiled and more anticipated. Consumers are reserving credit lines and cash balances, gearing up for significant benefits that enable them to purchase previously unaffordable products and services. “Black Friday” gets its name from accounting reports where profit lines are in black, contrasting with loss […]