Economy

Twenty years after Israel's class action law, is it time to recalibrate the system?

Class actions remain an essential tool for protecting consumers, but the legal framework should better distinguish between cases that serve the public interest and those that impose unnecessary costs

Meni Neeman, Deputy CEO and Chief Legal Counsel at The Phoenix Group
Chief of Police Daniel Levi at the scene of a shooting incident in Ramla, central Israel, May 11, 2026.

Organized crime costs Israel's economy around NIS 8,000 per household, data shows

Israeli passport.

Which passport is the most worthwhile to hold in 2026? New ranking reveals the winners

AMERICAN AND ISRAELI flags fly during a demonstration in support of Israel at the US Capitol in 2002.

At 250, Israel needs an angry America to rediscover its way - opinion


Closing the Strait of Hormuz could bankroll a new Iranian government - opinion

Sanctioned Iranian oil offers the opposition a rare chance to challenge the regime and stabilize global oil prices.

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026.

Under Iran fire, Israel’s basic cost-of-living gaps run deeper than income data suggests - study

Even before the current campaign, the Bank of Israel said in February that geopolitical uncertainty had resurfaced amid the prospect of a confrontation with Iran.

A vendor continues selling at Jerusalem's Mahane Yehuda market during the war with Iran, March 2026.

Employee cigarette breaks in France equal three weeks of lost work a year

Employees who smoke describe these pauses as a coping tool that can help them return to tasks more effectively.

 An illustrative image of smoking a cigarette

International Energy Agency: Middle East oil crisis severe, global economy at risk

“A stock release will help to comfort the markets, but this is not the solution. It will only help to reduce the pain in the economy," IEA Executive Director Fatih Birol said.

 International Energy Agency (IEA) Executive Director Fatih Birol speaks during a press conference in Istanbul, Turkey, March 12, 2026.

The war that moved Europe’s future closer to Jerusalem - opinion

A widening conflict between Israel and Iran is beginning to tie the Union’s economic future to decisions made in Jerusalem.

European Union, Israeli and German flags flutter near the Brandenburg Gate in Berlin, Germany, September 5, 2022

It’s the oil prices, stupid: The West’s principles collapse when prices rise - opinion

The Strait of Hormuz is not just another geopolitical flashpoint. It is the artery through which roughly a fifth of the world’s oil supply flows.

 A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025.

The dollar isn’t the problem. The systems businesses rely on are - opinion

Global businesses face structural currency volatility; systems built for stability now struggle to keep pace with real-time geopolitical shocks.

 An American $100 dollar bill.

In striking Kharg Island, Trump struck the choke point of Iran’s oil economy - opinion

Kharg Island, a tiny Persian Gulf outpost, controls nearly all of Iran’s oil exports, making it the regime’s key economic vulnerability.

A satellite image shows damage on Kharg Island, Iran, after US strikes, amid the U.S.-Israeli conflict with Iran, March 14, 2026.

Economic resilience is national security in a prolonged war - opinion

Short-term economic measures can’t sustain Israel in a long conflict; leadership continuity and business support are key.

 Israel market comparison

Neutralizing Iran threat could end decades of ‘terror premium’ on oil, Trump advisor says

One Trump adviser says tensions with Iran have historically added $5–$15 per barrel via risks to the Strait of Hormuz.

White House trade advisor Peter Navarro attends the swearing-in ceremony for Sergio Gor as U.S. Ambassador to India, at the White House in Washington, DC, US, November 10, 2025.