israel economy -

Israel’s economy can bounce back like America after 9/11

March 23, 2024October 9, 2024David Rutman

In the rich tapestry of history, each nation unveils their unique narratives through defining moments that shape its identity and become its enduring legacy. For both Israel and the US, these moments were marked by terror. The dark shadow of the 9/11 terrorist attack has shaped the American narrative since 2001. Similarly, the October 7 […]

Israel’s financial strategy unfolds – The Jerusalem Post

February 17, 2024February 17, 2024David Rutman

Moody’s report sparked a heated debate: Will the war cripple the economy, or could it propel it forward? The answer remains balanced on a knife’s edge, Yet, this past week presented us with a meaningful foresight as Israel orchestrated a debt issuance totaling NIS 4 billion with unprecedented demands, according to Accountant-General Yehli Rotenberg. The […]

Israeli Space Forum to be launched to spur growth of industry

January 31, 2024January 31, 2024David Rutman

The Israeli Space Forum is set to be launched on April 2 to help connect companies, entrepreneurs, start-ups, investors, and academics to help grow Israel’s budding space sector, the Israel Space Agency and Rakia mission revealed Wednesday. Announced at the 19th annual Ilan Ramon International Space Conference and part of Israel Space Week, the space […]

Know what you will pay: Taxes on real-estate in Israel

January 28, 2024January 29, 2024David Rutman

As a result of the war, foreign residents and new immigrants have shown interest in the local real estate market. Below is a summary of the main tax implications that may be of interest. The Israeli Real Estate Taxation Law imposes two types of tax on taxpayers: Appreciation tax and purchase tax. The law is […]

Comptroller’s report on cost of living unveils critical issues in Israel

January 8, 2024January 8, 2024David Rutman

State Comptroller Netanyahu Engelman declared today that the highly anticipated report addressing the cost of living in Israel has been finalized and is set to be disclosed before the upcoming holiday season. The extensive five-chapter report delves into various facets of the cost of living, encompassing topics such as price monitoring in the food sector, […]

‘Israel needs NIS 171 billion to match Western standards’

December 23, 2023December 23, 2023David Rutman

The horrific events of October 7 and the government’s abysmal initial response to them has starkly underlined the need for substantial reform in Israel’s civil service infrastructure. The lack of effective government response has led to the rise of volunteer initiatives, underscoring Israeli society’s resilience, previously demonstrated during challenges like the COVID pandemic. However, it […]