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As Israel's financial landscape evolves, recent data from the Accountant General's office has revealed a significant shift in the country's fiscal dynamics. The news comes as the annual budget deficit approaches 1%, inching closer to the nation's yearly fiscal target....
In response to escalating global tensions, Israeli defense companies Rafael and the Israel Aerospace Industries (IAI) are poised to expand their production lines for air defense systems. These expansions come as a result of significant deals struck with Germany and...
In a recent move that has left both Wall Street and Washington perturbed, Fitch Ratings downgraded the United States debt from AAA to AA+. However, this credit downgrade might merely be a glimpse into a much graver issue at hand - the mounting and spiraling national...
The foreign exchange market has experienced another shift in direction as the shekel strengthened against main foreign currencies. On Tuesday, the dollar saw a decline of approximately 1.5% against the shekel, settling around 3.64 shekels. Similarly, the euro also...