Israeli credit rating holds strong

S&P affirmed its Aa-/A-1+ credit rating and stable outlook for the country. By Erin Viner “Israel's positive rating has been left unchanged in a challenging period for the global economy.…

Israelis protest for 11th week

Hundreds of thousands packed city streets nationwide on Saturday in another mass display against the controversial judicial reform plan by the government of Prime Minister Benjamin Netanyahu. By Erin Viner Describing…

300,000+ protest Israeli judicial reform

Citizens flocked to the streets nationwide for the eighth consecutive week. By Erin Viner In what has been the largest show of opposition against controversial legal reforms advanced by the…

Israeli shekel sinks to 3-year low

The national currency further dropped in value as much as 2% against the US dollar yesterday. By Erin Viner The development comes as the government of Israeli Prime Minister Benjamin…

Inflation rate soars in Israel

This, according to the latest data released by the Central Bureau of Statistics (CBS). By Erin Viner Over the past year, Israel's inflation rate has risen by 5.4% - marking…

Israeli Bank: institution autonomy vital

This, according to the country’s Central Bank Governor Professor Amir Yaron. By Erin Viner Institutional independence is critical for Israel's sovereign credit rating, the country's central bank chief told Members…

Netanyahu submits to Court order

Interior and Health Minister Aryeh Deri was fired due to his recent tax conviction. By Erin Viner Israeli Prime Minister Benjamin Netanyahu dismissed his senior minister in compliance with a Supreme…

Israeli judicial reform could risk credit rating

Planned revisions by the newly-sworn in government of Prime Minister Benjamin Netanyahu could affect the country's sovereign credit rating. By Erin Viner "If the announced judicial system changes set a…

Netanyahu gov’t takes aim at High Court

Israeli Justice Minister Yariv Levin has unveiled a plan that would empower the Knesset to overturn some Supreme Court rulings and grant the government more input over nominations to the…

Netanyahu announces new government

With just minutes to the deadline, Israel's longest-serving prime minister, Benjamin Netanyahu, announced success in forming the country’s 37th government. By Erin Viner After weeks of unexpectedly tough negotiations with…