The move to cut back from 12 times a year will put Israel in line with leading central banks worldwide.
Bank of Israel
Hedva Ber notes that the banking system became more stable and more competitive in the wake of the global financial crisis.
Allot chairman on his way out; stock exchange privatization long overdue; China’s Sanonda buying Adama; Wall Street losses send Tel Aviv shares lower.
Bank of Israel seen likely to buy dollars to curb local currency’s free fall.
Israeli unemployment is low. So why is the treasury’s confirmation of this fact greeted with such suspicion?
The Israeli Fintech industry is flourishing, and local startups are enabling consumers abroad to use smartphone to buy sodas or manage bank accounts, so why is this innovation passing by Israelis of all people?
But they face hurdles from a skeptical Bank of Israel and wary U.S. regulators.
The fact that the state budget is based on goals that are regularly breached demonstrates unreliability and lack of seriousness.
Report warns tax cuts, spending rises could put government in precarious fiscal position.
Officials will use documents to probe for tax violations in widening crackdown on unreported capital.