Israel — Bank of Israel
Tracked across 2 events · 33 articles · First seen May 26, 2026 · Last active Jun 07, 2026
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Business
Wix.com, an Israeli website development platform, is cutting approximately 20% of its workforce, amounting to about 1,000 jobs. CEO Avishai Abrahami stated that this restructuring is a response to the rapid advancements in artificial intelligence,…
Impact: The Israel — Bank of Israel lowered interest rates in an attempt to weaken the Israel — Israeli new shekel and boost exports, but the move did not achieve its objective, with the shekel continuing to strengthen.
May 26, 2026 · 27 articles
Domestic
Israel is facing severe economic challenges due to the enormous costs of its multi-front war, which began with Hamas's attack on October 7, 2023. The total cost of these conflicts reached 405 billion shekels ($138…
Impact: Its governor, Amir Yaron, provided estimates on the total cost of the conflicts, highlighting the significant economic burden on Israel.
Jun 07, 2026 · 6 articles
50
Israel — Bank of Israel lowered ratesWix.com cuts 1,000 jobs
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