In 2007, there were 173 millionaires on the list of Israel's 500 richest - today only 17, simply because the others have almost all become billionaires
It is hard to imagine a scenario where a Trump impeachment or resignation would end happily for investors, in Israel too
British PM Theresa May has called for a kinder, gentler capitalism, in which global companies would stop evading tax payments.
Look carefully which stocks have rallied in the wake of the election upset and you’ll notice it’s the banks. America’s financial service sector likes what it sees with the president-elect.
I believe Netanyahu when he says he favors competition, but when you see how he acts in the media sector, it is clear that his desire is to tame the media and control its agenda.
Reluctant at first, he steered the Economic Stabilization Program through the cabinet in 1985, bringing an end to Israel’s hyperinflation — and to the state’s socialist economy
Judge Khaled Kabub rejected the former tycoon’s defense of his stock market activity point by point, which signals a long prison term is in store.
It’s early to say whether the grousing will turn into a new policy. Maybe it’s just people blowing off steam after seeing their pay shrink thanks to the new executive salary-cap law.
Maybe brisker economic growth in the past left enough for the powerless general public to share and hid the piggishness.
Jobs can prevent poverty, but not for ultra-Orthodox, says the latest BoI annual report, highlighting need for government intervention - but which kind?