Inflation
After vague midterm remarks, VP Vance must clarify what's next for US-Israel ties - editorial
As JD Vance links Republican electoral losses to the Iran war and US-Israel relations, he must explain what he wants to change and why distancing Washington from Jerusalem would help.
Israel ties, Iran war drove Trump voters to Democrats, Vance says after midterm defeat
The Governor warns: 'Unrestrained defense budget will lead to an increase in deficit and inflation'
Nearly NIS 800 for a family outing: Israel’s Hanukkah Festigal ticket prices skyrocketing
Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand
The US-Israeli-led war with Iran, now in its eighth month, and the inflation and hardship it has caused will dominate the agenda and sideline conversations during the annual meeting.
Middle East economy to shrink 2.1% in 2026, Gulf economies by 4.3%, World Bank forecasts
Despite grim forecasts, the World Bank projects regional economies could rebound by 7.8% in 2027 if the conflict ends this year, though the Hormuz blockade and inflation remain major threats.
OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices
The organization, which published its latest economic outlook under the title “Navigating Successive Shocks,” also lowered Turkey’s 2027 growth forecast to 3.6%.
Renewed Middle East tensions send Brent Crude above $100
Brent crude tops $100 as renewed U.S.-Iran tensions disrupt the Strait of Hormuz, fueling inflation fears and putting fresh pressure on global markets.
Iranian Rial hits record low as economic fallout from war takes hold - report
Iranian workers are going on strike as inflation rises to 128% and the fuel crisis worsens living conditions across the country.
Trump declares Iran ‘officially a failed nation,’ says US will respond to strikes on Jordan
In reference to the killing of anti-regime protestors, Trump claimed that over 100,000 have been killed and asserted that the regime in Tehran must be tried for war crimes.
Iranian worker’s suicide attempt exposes Islamic regime's economic crisis, expert says
A 35-year-old man, one of 20 employees laid off because of wartime conditions, attempted to take his life in Mahshahr after the Labor Department failed to respond to his requests.
Israel in the eye of the storm — But the economy tells a different story
The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.
Inflation and housing prices show continued declines in Israel
Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.
Israel against the current
While the world talks about interest rate hikes, Israel returns to rate cuts