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


Amid shekel-dollar crisis: Hi-tech sector gains strength as Israel's main export with 58% in 2025

The trend is driven mainly by the sector's dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.

Evening view of the Tel Aviv skyline. October 26, 2025.

Russia's sinking economy leads Kremlin to aggressively seek Western tech, war secrets - report

Some European intelligence officials suggest that the aggressive measures Russia is taking to procure Western technology and defense secrets may be due to the state of its economy.

Russian President Vladimir Putin attends a meeting with Amur Region Governor Vasily Orlov in Moscow, Russia March 2, 2026

EU Ambassador Mr. Michael Mann and his senior team visit Ashdod port

Ashdod Port hosted a senior delegation from the European Union this week, headed by the EU Ambassador to Israel, Michael Mann.

From right: Shaul Schneider, Chairman of Port of Ashdod; the European Union Ambassador; and Nissan Levy, CEO of Port of Ashdod.

National plan to rehabilitate the Galilee with a NIS 3 billion investment announced

The objective of the investment is to re-energize the region, demographically and economically, by encouraging young families to move there.

Mount Tavor.

Bank of Israel cuts interest rates, inflation stable despite Iran war

Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

Iran’s oil gamble could turn Gulf attrition into Tehran’s own nightmare - opinion

As attacks spread across Gulf energy infrastructure, Iran may discover its own oil economy cannot survive prolonged attrition.

Smoke rises above Riyadh, Saudi Arabia, March 5, 2026

How the IRGC's shadow economy keeps Iran's nuclear program alive - analysis

How Iran is financed, and why US attempts to pressure Iran in the Strait of Hormuz have failed

The Islamic Republic has built alternative financial systems, and while ordinary Iranians have absorbed severe economic pain.
Premium

Europe’s applause for Abbas is failing Palestinian democracy - opinion

As Abbas tightens control, Western governments are applauding a Palestinian political system that has denied elections for 20 years.

Yasser Abbas, member of the Fatah Central Committee, attends the announcement of results of the 8th General Conference of Fatah during a press conference in Ramallah, in the Israeli-occupied West Bank, May 18, 2026.

The Reagan lesson for Iran: Defeat the regime, defuse the bomb - opinion

Reagan’s Cold War statecraft offers lessons for confronting Iran’s regime and nuclear ambitions.

US PRESIDENT Ronald Reagan (left) and prime minister Menachem Begin speak at the White House.

Kharg Island and the new energy war over Iran’s collapsing oil exports - opinion

Iran’s Kharg Island shows the hidden cost of sanctions: empty oil terminals, environmental damage, and mounting pressure.

A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026