Economy

Iran slashes four zeros from its currency amid soaring inflation worsened by US-E3 sanctions

Iran’s parliament approved removing four digits from its currency, the Iranian Rial, to tackle hyperinflation, though economists warn the move is mostly symbolic.

Iranian Rial banknotes over a backdrop of the Iranian flag; illustration.
US PRESIDENT Donald Trump tours the Abrahamic Family House during his trip to Abu Dhabi, the United Arab Emirates, in May. The Abraham Accords have shown durability during the Israel-Hamas War, says the writer.

Is normalization with Saudi Arabia closer or further way?

Israel Bonds President and CEO Dani Naveh speaks at The Jerusalem Post's Annual Conference in New York, US, May 19, 2025

Israel Bonds reports $5.7 billion milestone two years after Oct. 7

 Gold Crosses Historic $3,333 Mark

Gold price zooms past $4,000 amid global uncertainty, Israel-Hamas War


The cost of war: How can the IDF campaign in Gaza continue without crippling the economy?

After two years of a protracted military campaign, Israel must ask the how it can sustain that campaign without crippling its economy.

An illustrative image of bitcoin in front of an Israeli flag.

Global Economic Trends That Shape Tech Investment In 2025

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Lebanon prepares plan to address losses from financial crash

Decades of profligate spending by the country's ruling elite sent the economy into a tailspin in late 2019, with depositors locked out of their accounts as debt-laden banks shut down.

A member of police walks near a burning tyre lit by demonstrators during a protest near Lebanon's Central Bank building in Beirut, Lebanon October 5, 2022.

From start-up to Sparta: Is it too late for Israel to save itself from isolation? - opinion

Instead of condemning itself to isolation that a small country may not survive, Israel would do well to admit that the path it has taken has not led to good results.

EU FOREIGN POLICY chief Kaja Kallas announces sanctions against Israel last week in Brussels. The writer asks: How did Israel become a country whose prime minister declares that it is destined to turn into a super-Sparta?

Gaza war, AI use trigger rising unemployment in Israel's tech sector, Taub Center study finds

The unemployment rate in the industry has risen and exceeded the average in the economy, and in 2024 there was a sharp fall in the number of vacant jobs.

People walk near office towers at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020

Strong on defense, weak on welfare: Israel neglects the social front - opinion

The social front has been neglected in Israel during the two years of war.

THE MASAH IM HALEV project: Pitchon Lev goes around different cities across the country and, together with hundreds of volunteers, distributes basics to families who receive support from the organization.

Save small businesses: The backbone of Israel’s economy needs help - opinion

About 97% of Israel’s economy rests not on the shoulders of global companies but on the small business owners.

A shop opens at Agripas street in Jerusalem next to the Machane Yehuda market

Merger talks underway to create mega Israeli law firm

If a merger deal is completed, it will be the second within three years for the Yigal Arnon firm. In 2022, it merged with Tadmor Levy.

A handshake between two businesswomen (illustrative)

Israel's fiscal deficit falls again

The deficit in August was NIS 9.5 billion, an improvement on August 2024, when the monthly deficit was NIS 12.2 billion.

 Global Silver Demand Set to Reach New Record High in 2024 Amid Persistent Supply Deficit

'A strategic step': Israel and India sign bilateral investment agreement

The agreement, hailed by Israeli officials as the first of its kind between India and a Western-oriented member of the OECD, replaces an earlier treaty signed in 1996.

Finance Minister Bezalel Smotrich signs the bilateral investment agreement in New Delhi, September 8, 2025.

Martin Winiar: Economist by day, stand-up comic by night

"If you come with the realistic expectation that people are people and countries are countries, you will notice that most Israelis are good, and it’s a wonderful country."

MARTIN WINIAR, 32 From Buenos Aires to Tel Aviv, 2015