israeli economy

The CEO of one of Israel’s largest IT companies, Aman Group, explains what businesses are planning to do in case the local economy plummets.

Though large and disruptive protests have roiled Israel in the months since the government’s formation, Netanyahu said that he thinks judicial reform is worth the effort.

With six months until the end of Prof. Amir Yaron's term as Bank of Israel Governor, uncertainty over his replacement could further damage the economy.

The report by S&P contrasts to statements made by the IMF and Moody's when they said that Israel faces economic risks because of the judicial reforms.

If Israel's credit rating drops, Israel can expect a higher interest rate on short-term loans and inflation.

“If implemented in full, the proposed changes could materially weaken the strength of the judiciary and as such be credit negative,” the agency said.

Israel Innovation institute founder: 'If you kill the hi-tech sector, the consequences will be huge.'

Netanyahu asked Ron Dermer to smooth over the protected negative effect that the government's planned judicial reform will have on Israel's economy.

Prime Minister Benjamin Netanyahu brushes off warnings of 270 economists that the reforms would damage Israel's economy.