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The Bank of Israel finds itself facing a delicate dilemma as it weighs the decision to raise interest rates in the coming week. Several crucial factors have surfaced in the financial landscape, with the primary concern centering on the strengthening US dollar against...
General Motors (NYSE:GM), one of the world's leading carmakers, last week made an announcement regarding the acquisition of Israeli battery start-up Algolion. Following the acquisition, all of the company's employees will join General Motors' development center in...
The Israeli high-tech funding landscape has experienced a noticeable decline in the first half of 2023 when compared to previous years. Start-ups in Israel managed to raise a total of $3.7 billion during this period, marking the lowest amount since 2018 and...
The shekel has resumed its downward trajectory against both the dollar and the euro, indicating a continuation of its weakening trend. During the first half of the day, it experienced a 0.6% decline against the greenback, trading at approximately NIS 3.72. Similarly,...