Major stock indices drop more than 6%, bank and insurance stocks suffer losses of around 9% after Hamas assault kills hundreds of Israelis
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Figures show government spending has risen 9.4% since start of the year, while state income from taxes declined 4.3% year-on-year, led by sharp drop in real estate taxation
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Finance Minister Bezalel Smotrich selects civil service veteran, subject to government approval
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Bank of Israel governor Amir Yaron and Prime Minister Benjamin Netanyahu agree to announce a decision about the extension of the former's tenure after the Jewish holidays
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Leading US financial institution says it has 'a bearish bias' toward Israeli currency, warns 'political risk is likely to remain elevated' over government's judicial overhaul
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Finance minister warns inflationary pressures 'may intensify due to the weakening shekel,' accuses protesters against judicial overhaul of trying to sow 'panic'
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Finance minister selects 22-year veteran as new director, subject to government approval next week
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New survey by the Israel Advanced Technology Industries (IATI) shows that 45% of new start-ups were incorporated outside of Israel compared to 20% in 2022
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Netanyahu and Smotrich hail move as proof that economy is 'strong, stable and resilient,' and say warnings about overhaul impact are alarmist 'false panic campaigns'