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


Iran’s economy could collapse within three months under naval blockade, experts warn

An expert on Iran's military noted that Iranian authorities have previously declared that if they are denied access to their ports, they will prevent other countries in the region from using theirs.

SCREENSHOT FROM a video released by Iranian media showing an encounter between the IRGC Navy and a US warship in the Strait of Hormuz, which they claim withdrew from the area after receiving a warning.

China's exports set to lose momentum as Iran war undercuts AI-driven boom

Exports from the world's second-largest economy are forecast to have risen 8.6% year-on-year in dollar terms, according to a Reuters poll.

Employees work to package USB cables at a plastic accessories factory, as rising oil prices drive up production costs for plastic manufacturers, in Dongguan, Guangdong province, China, April 2, 2026.

Shekel at 30-year strongest against dollar

Is the shekel going to make history and move below the NIS 3/$ threshold?

A hand is seen holding several dollar bills before the Israeli flag in this illustrative image.

The scarcity doctrine and Israel’s historic weakness as a global strength - opinion

Israel is a nation that turned a lack of resources into a high-growth system defined not by what it has, but by how it survives.

Rises on the Tel Aviv Stock Exchange – Green Screens.

Rethinking risk: Why Israel is no longer the outlier - opinion

The world no longer behaves as we once knew. Europe is now under quiet but noticeable pressure and the Middle East is stable but can face sudden disruptions

Investors are beginning to ask where systems continue to function under stress.

Americans weigh in on the Iran war, gas prices, their fears

Reuters spoke with 16 people across Indiana, New York, California, Georgia, and Colorado to understand how they are processing the war amid rapid news cycles and a fractured political landscape.

People wave Iranian flags and signs condemning the war on Iran as they march past the Eisenhower Executive Building during a protest in Washington, DC, on February 28, 2026.

How global esports ecosystems generate multi million dollar revenue streams

“Esports is an example of how entertainment can evolve into a complex financial structure generating multi-million-pound revenues.”

Strait of Hormuz closure has raised oil prices, but not without precedent - analysis

Even as gas prices have risen in recent weeks, another set of numbers has remained relatively contained: the markets.

A map showing the Strait of Hormuz, also known as Madiq Hurmuz, and 3D printed oil barrels are seen in this illustration taken March 26, 2026.

One month into 'Epic Fury', what have we learned so far about Israel’s economy? - opinion

Despite the damage and uncertainty, Israel’s economy is once again showing resilience, adaptability, and the capacity to recover quickly.

Matan Shitrit, Chief Economist at Phoenix Financial

Revised income tax brackets boost March salary

Income tax brackets in Israel are designed to tax those who earn more at a higher rate than those who earn less.

Israeli shekel