Our policymakers would be well advised to study the risk analysis and assessment in Moody’s report closely and to take all possible steps to mitigate the risks.
The Communications Ministry also said that Starlink -- Elon Musk's satellite network and the world's largest satellite operator -- will be enabled in Israel for the first time.
The shekel ILS = currency now stands at 3.66 per dollar versus 3.68 before the ratings action, in which Moody's kept its outlook at negative to imply a further cut.
The alternative shipping route around South Africa's Cape of Good Hope can add 10-14 days to a journey compared to passage via the Red Sea and Suez Canal.
Ormat will use the proceeds of the loan for the January 4 acquisition of Enel Green Power North America (EGPNA), which cost $271 million for 100% of the equity interest in the portfolio assets.
As the company expands, it may receive many more orders from American patriots who support Israel and want to proudly display this special flag for generations to come.
NEIGHBORHOOD CORNER: Mishkenot Ha’uma is a forward-looking neighborhood and a statement of Jerusalem’s intentions to grow and modernize as an international city.
Analysts estimate that other rating agencies will also lower Israel's rating; the rising scent from the rating downgrade is political, but it is the scent of fear of uncertainty.
That's why Meta has announced a new, bold step to enhance user experience and alleviate the fatigue associated with constant exposure to political content on Instagram and Threads.
Investors can hope that Strauss Group’s bad luck will pass soon, and that coffee prices will revert to where they were in the previous decade, which would boost Strauss’s operating margin to 11%
SparkIL announced the launch of a NIS 10 million ($2.8 million) Emergency Loan Fund that provides small businesses affected by the war with up to NIS 100,000 ($28,000) in assistance per business.