Economics
Russia spending half its federal budget on military, war against Ukraine - report
In the last five years, Russia has doubled its military spending and now has the third-largest defense budget in the world. The Kremlin's spending related to Ukraine reached nearly $137.9 billion.
Why Jerusalem’s last-place quality of life ranking doesn’t tell the full story - opinion
Ending US military aid as a national opportunity
Iran is now an Indo-Pacific test case and Israel should pay attention- opinion
Israel's credit rating revised from negative to stable by S&P Global
The credit rating agency said that the ceasefire between Israel and Hamas "could soften pressure on Israel’s economy, labor market, and public finances."
G20 taskforce calls for global panel to tackle 'inequality emergency'
South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt democracy.
Kimberly-Clark to buy Tylenol maker Kenvue for over $40 billion
Kimberly-Clark would be scooping up the former Johnson & Johnson unit after months of struggle.
Mamdani's economics, Israel stance could incur a $5b. expense on New York - analysis
New York and Israel trade, which stood at over $5 billion in 2024, is in doubt amid the possibility of Mamdani's election as New York City's Mayor.
Where I stand: Israel, Europe, and the moral line - opinion
I stood in Tel Aviv on the eve of war and returned to a Europe unable to speak. What I found was not debate, but the quiet collapse of courage.
Centrist Rodrigo Paz wins Bolivian presidency, ending nearly 20 years of leftist rule
"This election marks a political turning point," said Glaeldys Gonzalez Calanche, analyst for the Southern Andes at International Crisis Group. "Bolivia is heading in a new direction," she said.
Israeli-American Prof. Joel Mokyr wins Nobel Prize in Economics
Mokyr receives the prize for his development of a theory for sustained economic growth.
Trump takes tariffs fight to US Supreme Court
The legality of Donald Trump's unprecedented invocation of a 1977 emergency tariff law will be argued in the Supreme Court.
Syria to revalue currency, dropping two zeros in bid for stability, sources say
The Syrian pound has lost more than 99% of its value since war erupted in 2011, with the exchange rate now at around 10,000 pounds to the US dollar, compared to 50 before the war.
KPMG acquires Israeli tech company Q.V. in million-NIS bid to strengthen competitive advantage
Q.V. is an Israeli technology company that specializes in advanced, AI-powered solutions on SAP infrastructure for large enterprises.
