Isranomics

Economy
Is Israeli property bubble about to burst?

Is Israeli property bubble about to burst?

Since the aftermath of the 2008 Global Financial Crisis, the Israeli property market has been on the rise. The combination of low-interest rates and a thriving economy resulted in a tremendous expansion in the property market. In addition, the complexity of getting...

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Annual inflation rate remains at 4.6% in September

Annual inflation rate remains at 4.6% in September

Despite recent sharp increases in the Bank of Israel's (BOI) interest rates, the annual consumer price index (CPI) stayed at a rate of 4.6% in September, according to data released on Friday by the Central Bureau of Statistics. It is slightly above the market's...

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Israel reaches historic maritime agreement with Lebanon

Israel reaches historic maritime agreement with Lebanon

It looks like we have finally arrived at the point in history where Israel and Lebanon have agreed to delineate the maritime border. It is especially significant as both countries do not have diplomatic relationships and, technically, are still in a state of war. The...

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OPEC aims to raise oil prices by cutting daily output

OPEC aims to raise oil prices by cutting daily output

In a world where private enterprise sets the tone for economic growth, there are still some countries that refuse to adopt such an approach and instead attempt to manipulate the prices of natural resources in order to prop up their own interests. One such entity is...

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