According to a recently published Deloitte Israel's 2022 Mergers & Acquisitions Report, the scale of M&A activity in Israel dropped by 10% during the last year to $22 billion. In isolation, this number may appear to be pretty significant. However, it is...
Last year was certainly not dull in terms of the diversity of events that occurred. For starters, global bonds and stocks have had a historically poor year, with record value losses and the worst return decreases in almost a decade. For the first time since World War...
Even though the year is nearly over, the Federal Reserve is still working hard to keep inflation under control. Fed Chairman Jerome Powell is following through on his past vow, raising the Fed's benchmark rate range to 4.25%–4.5%, the highest level in 15 years. The...
After its official signing almost two years ago, a new free-trade deal between Israel and South Korea went into effect, making it the first trading agreement with an Asian country. This is fantastic news, as South Korea is Israel's important business partner and...
According to today's consumer price index (CPI) report, inflation for the month of November increased by 0.1%, in line with market expectations. Though not significant on a monthly basis, yearly inflation rose to 5.3% from 5.1% in October, making it the highest rate...
In the face of the upheaval of the last few years, from the Corona crisis to the war in Ukraine, Israel's economy exhibited resilience compared to most other countries. However, Israel has a glaring vulnerability, which should concern policymakers in light of the...
According to a report published by the Israeli Finance Ministry, the country's GDP would increase at an impressive 6.3% this year. However, it anticipates a somewhat lower 3% growth rate for the economy in 2023, compared to the 3.5% forecasted in June. On the positive...
What a year it has been. A mere twelve months ago, financial markets across the globe, including those in Israel, the United States of America, and Europe, were trading near all-time highs. Aside from the rising inflation that was caused by disruptions in supply...
As 2022 draws to a close, Israel aims to end the year with a remarkable budget surplus, with the balance at the end of November totalling NIS 28.9 billion. Despite the fact that the last three months finished in a deficit, the nation's impressive budgetary advances...
Israel's NewMed Energy announced on Tuesday the signing of an agreement with Morocco's energy ministry and Adarco Energy for offshore natural gas exploration and production. According to the deal, NewMed and Adarco will have 37.5% stake in the Boujdour Atlantique...