The possibility of a state bailout is taking hold in Israel. But the Israeli model is a different one.
But the U.S. bailout, European bank rescues won't end the crisis, says BoI governor.
It seems that the Bank of Israel's governor, Stanley Fischer, may avert any such need.
The compensation paid by public companies to their top executives may be one of the first things to change in Israel as a result of the global financial crisis.
Don't let Sunday's sharp gains on the stock market fool you. A swift rise of over 8%, after losses of 10% last week, is proof that the financial markets are manic depressive - around the world and here in Israel as well.
Thank the tomato this time. It sank 40% in June; grapes dropped by 49%,and thus the CPI rose by a paltry 0.1%. It had been expected to rise by 0.5%.