Israel’s technology sector, a key part of the economy, has been jolted by worker shortages and funding fears, which could drive a wider slowdown in 2024.
Tag: Bank of Israel
Israel’s Economy Expected to Shrink 2% as War Sidelines Workers
A large segment of the Israeli work force has been called up to fight or become jobless as a result of the conflict with Hamas.
Israeli Shekel Regains Value Lost Against Dollar After Attacks
The currency is now back to about where it was before the attacks on Oct. 7, after falling to an eight-year low.
Prospect of Prolonged Israel-Gaza War Adds Economic Havoc to Human Toll
A widening conflict would test Israel’s economic resilience while worsening an already bleak outlook for the Palestinian economy.