Newsroom
Channel 9
Channel 9 is a russian tv news outlet. We translate its reports into English and compare them with 43 other newsrooms.
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Language and baseRussian · Tel Aviv
The last 30 days
538reports translated
41%first to report
227 mintypical time behind the first report
10%carry a named author
0%opinion and analysis
Why not a score? These are rates we can recompute. A single number would hide whether a newsroom is slow, unnamed, or mostly reprints. How we measure
How Channel 9 writes
Channel 9's tone this month is charged. On Hamas, the IDF, Netanyahu, the United States and the police its wording is in step with the other newsrooms.
From 540 reports this month, judged without the newsroom's name. How this is measuredOnly Channel 9 had it
Israel Braces for Rainy Election Day with Cooler TemperaturesWeather · 4h agoTrump Denies Netanyahu Lobbying for EndorsementPolitics · 8h agoIsraeli Parties Pledge Support for Elderly Immigrant Pensioner ProgramPolitics · 8h agoBig stories Channel 9 skipped
Gun Theft at Givat Shmuel School Sparks Parental PanicCovered by 23 newsroomsReport: Netanyahu Ordered Diplomats to Back Argentina in Falklands DisputeCovered by 20 newsroomsIsrael Switches to Winter Time, Gaining an Hour of SleepCovered by 20 newsroomsLatest from Channel 9
Economy · 12d agoIsrael's National Insurance Institute Announces October Payment Schedule and Contribution DeadlinesIsrael's National Insurance Institute (Bituah Leumi) will issue unemployment and subsistence benefits on October 12, child benefits on October 20, and long-term benefits on October 28. A separate deadline of October 15 requires employers and the self-employed to pay insurance contributions. If benefits are not received, individuals should check their online accounts and bank details. Bituah Leumi can be contacted for further assistance.Economy · 13d ago · also in 2 newsroomsFitch Affirms Israel's 'A' Credit Rating, Warns of Debt RisksFitch Ratings affirmed Israel's 'A' credit rating with a negative outlook, citing concerns over rising government debt due to war spending. The negative outlook warns of potential future downgrades, which could increase borrowing costs for the state and eventually impact citizens through higher loan rates and reduced public services. While not an immediate crisis, the rating agency's assessment highlights risks to Israel's economic stability.Economy · 13d agoIsrael Faces Construction Crisis Amid Foreign Worker ShortageIsrael's construction industry is facing a critical shortage of approximately 40,000 workers, exacerbated by the absence of Palestinian laborers since October 2023. High hiring costs and bureaucratic hurdles are hindering the recruitment of foreign specialists, despite increased quotas. The government plans to boost foreign worker numbers and streamline hiring through corporations, as Palestinian workers are not expected to return. The labor deficit is delaying construction projects and impacting the broader economy.Economy · 13d ago · also in 1 newsroomMaadanei Mania Offers Autumn Savings on Wide Range of ProductsMaadanei Mania is offering significant discounts on a wide array of products, including cold cuts, seafood, cheeses, desserts, and alcoholic beverages, as part of an autumn promotion. The sale aims to encourage customers to stock up on both everyday items and delicacies. The company also recently supported the "V CHEMODANE" book festival and is gearing up to celebrate its 30th anniversary in November with further customer incentives. The current promotion is valid from October 13 to October 17, 2026.Economy · 14d ago · also in 2 newsroomsIsraeli Grocery Prices Surge at Nearly Five Times the Previous RateGrocery prices in Israel have risen at nearly five times the rate seen in the previous four years, with costs increasing by up to 19.6% in neighborhood stores and 19% online over the last four years. Research indicates this surge is driven by limited domestic competition, high import barriers, and specific agricultural regulations, rather than solely global price hikes or the ongoing war. Despite a recent slowdown in annual food inflation to about 1%, cumulative price increases continue to strain household budgets. Experts call for increased competition and reduced import barriers to make groceries more affordable.Economy · 14d agoIsraeli Food Tech Incubator Fresh Start Returns to Northern IsraelThe Israeli food technology incubator Fresh Start has returned its headquarters to Kiryat Shmona, northern Israel, after relocating due to the recent war. Founded in 2020, the incubator has invested over $35 million in 17 startups, which have collectively raised more than $120 million. Fresh Start provides funding and strategic support to companies developing innovations in areas like sugar reduction in beverages and live seafood transport. Despite challenges like high costs and corporate reluctance to adopt new technologies, the incubator sees Israel's potential in combining agricultural expertise with advanced technologies.Economy · 15d ago · also in 13 newsroomsIsraeli Digital Bank ONE ZERO Cuts 10% of Staff Due to AI AdvancementsIsraeli digital bank ONE ZERO is laying off about 10% of its employees, citing the rapid advancement of artificial intelligence. CEO Eyal Gafni stated that generative AI is changing work processes, necessitating a staff reduction. This move follows similar workforce adjustments at companies like LinkedIn and Truecaller, as AI technologies reshape the job market by automating tasks and reducing operational expenses.Economy · 15d ago · also in 18 newsroomsAir Haifa Launches New Ben Gurion Airport to Eilat Route for NIS 79Israeli airline Air Haifa has launched ticket sales for a new route from Ben Gurion Airport to Eilat, with introductory fares starting at 79 shekels one-way. The first flights will depart on October 25, taking about an hour. This expansion marks the airline's move into central Israel and coincides with its second anniversary, during which it has served 600,000 passengers.Economy · 15d agoMG Urban Electric Car Arrives in Israel With Competitive PricingThe MG Urban, a new electric compact SUV from Chinese automaker SAIC, has launched in Israel at a competitive price of 119,888 shekels. It features a 54 kWh battery offering a claimed 405 km range, a 160 hp motor, and a 5-star Euro NCAP safety rating. The vehicle boasts a modern interior, a 568-liter trunk, and fast-charging capabilities, positioning it as a strong contender in the Israeli electric vehicle market.Economy · 17d ago · also in 4 newsroomsIsrael Sets New Record for Credit Card Spending in September 2026Credit card spending in Israel hit a record 53.252 billion shekels in September 2026, a 6.2% annual increase, with daily spending averaging 1.775 billion shekels. The rise was driven by holiday spending, particularly on leisure and dining, and continued growth in online purchases. While overall spending is up, the report notes that inflation also contributes to the higher figures, and physical retail spending saw a slight daily decrease compared to August.Economy · 18d ago · also in 7 newsroomsIsrael's TASE Eyes Cyprus Stock Exchange Acquisition for EU AccessThe Tel Aviv Stock Exchange (TASE) is considering acquiring the Cyprus Stock Exchange for an estimated 20-40 million euros to gain access to the European Union's financial infrastructure. Cyprus plans to privatize its exchange by 2026 to enhance its market competitiveness. TASE sees this as a strategic move to expand internationally, leveraging its recent domestic growth. Potential competitors include Euronext and the National Stock Exchange of India, with the final decision based on a tender process.Economy · 18d agoOctober 7th Economic Scar: 160,000 Israelis Absent From Labor MarketApproximately 160,000 Israelis have exited the labor market since the October 7th attacks due to various factors including reserve duty, injuries, and psychological trauma. Despite low official unemployment, this significant number represents a substantial economic scar, impacting production and tax revenue. Many victims of the attacks report reduced work capacity and financial hardship. Addressing this requires more than financial incentives, focusing on tailored support for those unable to return to pre-war work routines.Economy · 18d ago · also in 1 newsroomDiscount Bank Merger with Mercantile to Cost Up to 600 Million ShekelsDiscount Bank's merger with Mercantile Bank is expected to cost between 500 and 600 million shekels, largely for severance packages for 400 to 550 laid-off employees. The merger, approved by both banks' boards, is set to begin in 2027 after regulatory approval and will take several years to complete. The goal is to improve Discount Bank's efficiency, which lags behind competitors. Mercantile Bank will maintain its brand and the combined entity will operate about 170 branches.Economy · 18d ago · also in 3 newsroomsTel Aviv Stock Exchange Sees Sharp Decline, Defense Stocks Lead LossesThe Tel Aviv Stock Exchange closed sharply lower on Wednesday, October 7, with the TA-35 index down 2.44%. Defense stocks were the biggest losers, falling 4.35%, followed by insurance and technology sectors. Major banks like Hapoalim and Leumi saw declines, while NextVision and Tower Semiconductor also experienced significant drops. A few companies, including Danya Cebus and Cellcom, managed to end the day with gains.Economy · 19d ago · also in 16 newsroomsBritish Airways to Resume Tel Aviv Flights Amid Market RecoveryBritish Airways will resume flights to Tel Aviv on October 25, 2026, operating one daily flight from London Heathrow. This move is expected to increase competition and lower airfares for travelers connecting to North America and Asia. The airline's return follows a market stabilization, with Delta, United, Air India, and Iberia also reintroducing or planning services to Israel.Economy · 21d ago · also in 1 newsroomIran Faces Severe Crisis, Top Security Official AdmitsIran's top security official, Mohsen Rezaei, has admitted the country is facing severe economic hardship, coinciding with a sharp decline in the national currency and rising inflation. The economic crisis, exacerbated by sanctions and reduced oil exports, is impacting public services and leading to worker discontent, while the government struggles to stabilize the situation.Economy · 21d ago · also in 4 newsroomsBritish Fintech Giant Revolut Prepares Israeli Market EntryBritish fintech Revolut is expanding its hiring in Israel, seeking staff for banking operations and compliance roles, indicating preparations to launch banking services. The company is pursuing a limited banking license from the Bank of Israel and has appointed Uri Natan to lead its Israeli division, aiming to compete with the country's dominant banks.Economy · 22d agoChinese Car Brands Show Improving Reliability, But Long-Term Data Lags Behind Japanese RivalsChinese car brands are improving in reliability, with Chery leading among domestic Chinese manufacturers according to a J.D. Power study in China. However, established Japanese brands like Toyota and Lexus still hold an advantage in long-term durability due to extensive historical data, making them a statistically safer choice for extended ownership in Israel.Economy · 22d ago · also in 33 newsroomsIsrael Cuts Fuel Tax Again Amid Global Price SurgeIsrael is cutting its gasoline excise tax by 50 agorot per liter, lowering the price to 7.77 shekels, due to rising global oil prices. This is the second such reduction in two months, costing the state millions, and is happening shortly before elections, though legal advisors found no obstacles.Economy · 23d agoToyota Leads Israeli Auto Market, Chinese Brands Surge, Tesla Tops EVsToyota leads Israeli car sales by brand for the first nine months of 2026, but Chinese manufacturers, particularly the Chery Group, are rapidly gaining market share. Tesla holds a narrow lead in the electric vehicle segment, facing strong competition from Chinese brands like Xpeng.Economy · 23d agoProfessions Vanishing in Israel Due to Technology and AIMany once-common professions in Israel, such as telephone operators and telegraphists, have disappeared due to technological progress. Currently, roles like cashiers and bank tellers are evolving, while AI is predicted to significantly impact jobs like accounting and graphic design in the near future. However, professions requiring complex decision-making, human interaction, and physical presence are considered more secure.Economy · 23d agoIsraeli Unemployment Benefits System Can Lead to 'Working for Free'Israel's National Insurance Institute deducts daily earnings from unemployment benefits, potentially negating the financial gain of part-time work if wages are low. However, higher earnings can increase overall income, and individuals can opt to preserve benefit days or qualify for supplementary grants for low-wage jobs.Economy · 24d agoIsraeli Shekel Hits Two-Month Low Against Dollar Amid Regional TensionsThe Israeli shekel has reached a two-month low against the U.S. dollar, trading above 3.07 shekels for the first time since July. The decline is attributed to a combination of rising U.S. interest rates, geopolitical tensions in the Middle East, and global market dynamics, though Israel's strong reserves may limit further depreciation.Economy · 25d agoNorway's Oil Fund Caught in Turkey's Stock Market Scandal, Israeli Investments ReviewedNorway's $2.4 trillion sovereign wealth fund is indirectly linked to a major stock market manipulation scandal in Turkey, where it held shares in investigated companies. The fund also maintains significant investments in Israel, which it has recently restructured based on ethical reviews and index alignment.Economy · 27d agoIsraelis Can Incur National Insurance Debt Even Without IncomeMany Israelis face unexpected debts to Bituah Leumi (National Insurance Institute) even without income, as mandatory contributions apply to most residents over 18. Failure to pay can lead to penalties and significantly impact future benefit entitlements, with exemptions available for specific groups like students, new immigrants, and certain unemployed individuals.Economy · 27d ago · also in 15 newsroomsIsrael's Finance Ministry Blocks ZIM Sale Over National Interest ConcernsIsrael's Ministry of Finance has blocked the sale of shipping company ZIM to Hapag-Lloyd and FIMI Opportunity Funds, citing national security and economic risks. The buyers have submitted a revised offer, but the deal faces further delays.Economy · 27d ago · also in 12 newsroomsIsrael Gas Prices Hit Record High Amid Global Market TurmoilGasoline prices in Israel have reached a record high of 8.27 shekels per liter due to global market increases and a stronger dollar. This surge negates a recent excise tax reduction, and economists warn of further inflation and consumer price hikes.Economy · 28d ago · also in 2 newsroomsLeviathan Gas Partners Cancel $6.7 Billion Deal With Dalia EnergyLeviathan gas field partners NewMed Energy and Ratio Energies have canceled a $6.7 billion contract to supply gas to Dalia Energy, citing unmet preliminary conditions. Dalia Energy disputes the cancellation, calling it legally invalid, while the Israeli Competition Authority has not yet commented.Economy · 29d ago · also in 4 newsroomsIsraeli Supermarkets Join "Budget" iPhone Sales FrenzySeveral Israeli supermarket chains, including Yohananov, Victory, and Rami Levy Stock, are selling discounted iPhones, often models intended for the US market with eSIM-only functionality. These promotions aim to attract customers, with limited stock and purchase restrictions.Economy · 29d agoIsraeli Malls Transform From Shopping Hubs to Lifestyle DestinationsIsraeli shopping malls are evolving into mixed-use lifestyle centers, integrating retail with dining, entertainment, and residential spaces to counter the rise of e-commerce. This shift aims to attract visitors by offering experiences beyond traditional shopping, transforming malls into urban hubs.Economy · 29d ago · also in 1 newsroomIsraeli Bus Companies Withdraw $9.5 Million Lawsuit Against Transport MinistryFifteen Israeli bus companies sued the Ministry of Transport for 35 million shekels, alleging unlawful withholding of funds due to retroactive penalty rule changes. The companies withdrew the lawsuit the following day after the state announced intensified inspections and other measures.Economy · 30d ago · also in 1 newsroomIsrael's Export Landscape Shifts Dramatically as Goods Bypass NationNearly 40% of Israel's goods exports, totaling $11.2 billion in Q2 2026, are now facilitated by Israeli companies but do not physically pass through the country. This trend is driven by globalization, cost efficiencies, a strong shekel, and increasing geopolitical risks, impacting domestic manufacturing employment.Economy · 30d agoIsraeli Developers Rent Out Unsold Homes Amid Market StalemateIsraeli housing developers are increasingly renting out unsold apartments instead of lowering prices due to a large surplus of properties and hesitant buyers. This strategy allows them to generate income while waiting for market conditions to improve, avoiding official price reductions.Economy · 30d agoGWM Ora 05 Hybrid Crossover Reviewed in IsraelThe GWM Ora 05 Hybrid, a new compact crossover from China's GWM, has been test-driven in Israel. It features a distinctive design, a 223-horsepower hybrid powertrain, advanced safety systems, and a competitive price point, aiming to boost the Ora brand's presence in the Israeli market.Economy · 30d ago · also in 2 newsroomsIsraeli Banks Face Billions in Lawsuit Over Unpaid Interest on Checking AccountsIsrael's Central District Court has allowed a class-action lawsuit seeking over 15 billion shekels against four major banks for allegedly failing to pay sufficient interest on customer checking account balances. The suit focuses on the period after interest rates rose significantly in 2022, arguing banks unjustly enriched themselves by using low-interest customer funds.Economy · 31d ago · also in 2 newsroomsBen Gurion Airport to Increase Passenger Fees by 11% Starting 2027Ben Gurion Airport will raise passenger departure fees by approximately 11% starting in 2027, with airlines bearing the initial cost. While the direct impact per passenger is modest, the cumulative effect on airlines is significant, potentially leading to gradual airfare increases depending on market factors and competition.Economy · 31d ago · also in 8 newsroomsIsrael Gas Prices Poised to Exceed 8 Shekels Amid Global TensionsGasoline prices in Israel are expected to rise by over 40 agorot per liter next week, potentially surpassing 8 shekels. This increase is driven by global oil prices and geopolitical tensions, and may negate a recent government subsidy.Economy · 31d agoIsraeli Tech Startups Secure Record $11 Billion in InvestmentsIsraeli tech startups have raised a record $11 billion in the first nine months of 2026, a 50% increase year-over-year. Cybersecurity and corporate software led investment, while defense and space tech saw a slowdown. Foreign investors remain key, and mid-stage companies attracted the most funding.Economy · 33d ago · also in 3 newsroomsTel Aviv Housing Market Demands High Incomes for Apartment PurchasesPurchasing a four-room apartment in Tel Aviv now requires a net monthly family income of approximately 45,000-55,000 shekels and a down payment of 1.35-1.5 million shekels, reflecting a significant increase in housing costs and mortgage burdens over the past decade.Economy · 34d agoIsrael's War Costs Soar Past $60 Billion, Impacting Economy and Future BudgetsIsrael's war since October 7, 2023, has cost over 230 billion shekels, impacting GDP and requiring significant defense spending. The conflict is financed largely through debt, burdening future budgets and the economy, with civilian and human costs also substantial.Economy · 34d ago · also in 1 newsroomAI Developers in Israel Command High Salaries and Stock OptionsIsraeli AI companies are offering top researchers and engineers high monthly salaries of 50,000-90,000 shekels, plus stock options. This demand is fueled by the need for specialized talent in developing and deploying advanced AI models, with top tech firms offering substantial total compensation packages.Economy · 36d ago · also in 4 newsroomsIsraelis Become Top Tourists in Cyprus, Driving Island's Tourism GrowthIsraeli tourists have become a dominant force in Cyprus's tourism sector, making up 23.3% of arrivals in August 2026. This surge, occurring while overall tourism declined, is attributed to proximity, accessibility, and potentially regional instability, making Cyprus a key destination for Israelis.Economy · 38d ago · also in 1 newsroomIsrael Sees Decline in Public Transport Use Despite Infrastructure InvestmentA new Israeli Central Bureau of Statistics report shows a decline in public transport usage over the last decade, with fewer Israelis using buses for daily commutes despite infrastructure investments. While trains show improved satisfaction, buses suffer from long travel times and infrequent service, leading many to prefer private vehicles.Economy · 38d ago · also in 2 newsroomsIsrael Unveils New Energy Strategy Focused on Gas, Data Centers, and Nuclear PowerIsrael has launched a new five-year energy strategy focusing on natural gas for domestic use and export, developing data centers, and exploring nuclear power. The plan aims to secure energy resources, boost the economy, and enhance Israel's regional energy role.Economy · 38d ago · also in 3 newsroomsIsrael's Rental Market Sees Local Price Drops Amidst National RiseWhile Israel's average rental prices are rising nationally, certain neighborhoods are experiencing localized price drops due to a sudden increase in available apartments. This phenomenon is driven by new construction, investment properties, and subsidized housing, leading landlords to offer discounts to attract tenants in specific areas.Economy · 39d ago · also in 1 newsroomIsrael's State Pension Liabilities Soar to $200 BillionIsrael's state pension liabilities are set to reach 723 billion shekels by 2025, driven by a legacy system of budget-funded pensions for early civil servants. These pensions, often substantial and independent of individual savings, place a growing burden on taxpayers.Economy · 39d ago · also in 1 newsroomIsraeli Airfares to Plummet After Sukkot HolidayAirfares from Israel to popular European destinations are projected to drop significantly, by up to 70%, after the Sukkot holiday concludes on October 5th. This price decrease is due to reduced demand and increased competition among airlines. Key destinations expected to see substantial savings include Rome, Budapest, Athens, Catania, and Tbilisi.Economy · 39d ago · also in 1 newsroomIsrael's Public Transport Faces Crisis Amid Surging Demand and Driver ShortageIsrael's public transport system faces a crisis due to surging passenger demand and a severe driver shortage, despite efforts to modernize fleets and improve services. Operators are struggling with overcrowding and infrastructure limitations, while solutions like better pay and working conditions are proposed to attract new drivers.Economy · 41d agoEnergean Seals 15-Year, $1.4 Billion Gas Deal with Israel's Sorek Power StationEnergean has signed a 15-year, $1.4 billion contract to supply 7.7 billion cubic meters of natural gas to Israel's Sorek power station. The deal was announced alongside the company's strong first-half 2026 financial results, which showed a 45% increase in net profit.Economy · 42d ago · also in 1 newsroomForeign Airlines Return to Israel, Sparking Hopes for Cheaper FlightsInternational airlines are returning to Ben Gurion Airport, increasing competition and creating the potential for lower airfares. While major budget carriers are still absent, the resumption of routes by Delta, United, Wizz Air, and others is expected to benefit passengers.Economy · 42d agoTV Providers Often Don't Disclose Shared Responsibility for Service QualityIsraeli consumers are increasingly choosing single providers for both internet and TV services to avoid blame-shifting between companies when technical issues arise. Redmax TV offers such a bundled service in Israel for 169 shekels monthly, including installation and 24/7 Russian-language support.Economy · 42d ago · also in 3 newsroomsTel Aviv Stock Exchange Outperforms Wall Street in Jewish Year 5786The Tel Aviv Stock Exchange (TASE) significantly outperformed global markets, including Wall Street, during the Jewish year 5786 (September 2025-September 2026). Key indices saw substantial growth, driven by increased trading volume, foreign investment, and strong performance in the insurance and green technology sectors. The exchange also saw a rise in new listings and a record market capitalization.Economy · 43d agoRefinancing Mortgages in Israel: Navigating Fees to Maximize SavingsRefinancing Israeli mortgages can lead to significant savings, but high early repayment fees on older loans can erode these benefits. Understanding the original loan's structure and all associated costs is crucial for accurate savings calculations.Economy · 43d ago · also in 5 newsroomsIsraeli Real Estate Market Sees Renewed Investor Interest Amid Shifting Economic FactorsThe Israeli real estate market is becoming more attractive to investors due to rising rents, stable prices, and lower mortgage rates. While not a full recovery, improved financial calculations and a recent interest rate cut by the Bank of Israel are encouraging renewed interest, though high taxes and property costs remain significant factors.Economy · 44d agoIsrael Can Host 10 Million Tourists, Says Isrotel CEOLior Raviv, CEO of Isrotel, believes Israel can attract 10 million tourists annually with improved security. The Israeli tourism market is recovering, with strong domestic demand and early signs of foreign visitors returning. Raviv anticipates a significant rebound by mid-2027, driven by increased flights and targeted marketing efforts.Economy · 44d agoWalmart's Rise From Humble Beginnings to Global Retail GiantWalmart, founded by Sam Walton in 1945, grew from a single store to a global retail giant by focusing on "Everyday Low Prices" and high sales volume. Despite its international success and the significant wealth of Walton's heirs, Walmart has not expanded into Israel, prioritizing technology acquisitions there instead.Economy · 47d ago · also in 5 newsroomsIsrael's Electricity Market Reform Sees Nearly Half a Million Consumers Switch ProvidersIsrael's electricity market reform has led to nearly 450,000 consumers switching to private energy suppliers in two years, driven by potential cost savings. While private companies sell electricity, the state-owned IEC continues to manage the grid infrastructure.Economy · 47d ago · also in 2 newsroomsIsrael's Wartime Economy Defies Expectations with Robust GrowthIsrael's economy has shown surprising strength during wartime, driven by the successful integration of foreign labor, a boom in high-tech investment, and a strong stock market performance. Despite ongoing conflicts, the country has achieved record exports, reduced its budget deficit, and seen real wage growth.Economy · 48d ago · also in 14 newsroomsIsrael Launches New App Service for Depositing Future-Dated ChecksIsrael's banking sector is introducing a new mobile app feature that allows customers to deposit future-dated checks remotely. This service aims to provide convenience and cost savings for users, particularly those receiving installment payments, with wider availability expected by the end of October.Economy · 48d ago · also in 13 newsroomsIsrair Launches New York Flights Amid High Demand and Stable PricesIsraeli airline Israir will launch regular flights to New York on September 15 after receiving FAA approval. Ticket prices start at $800 one-way, and the new service is not expected to lower fares due to high demand. Delta and United will also resume U.S. flights next week.Economy · 49d agoDefense Tech Boom Fuels Tel Aviv Office Real Estate MarketTel Aviv's office real estate market is experiencing a boom driven by the defense and cybersecurity sectors, with demand and rents rising in new business districts while older areas see stagnation or decline. Occupancy rates are high in prime locations, but markets outside the city face downward pressure.Economy · 50d agoCompany Cars in Israel: A Taxable Benefit That Can Cost Employees MoreCompany cars in Israel are taxed as income based on a percentage of their catalog price, regardless of discounts or age. This "usage value" incurs income tax, national insurance, and health taxes, potentially reducing an employee's net salary significantly, making the benefit less advantageous than it appears.Economy · 51d agoIsraeli Teachers' Salaries Higher Than Perceived, Especially for Experienced StaffIsraeli teachers' average full-time salaries are higher than commonly perceived, reaching over 16,600 shekels monthly, with experienced staff earning significantly more. While starting salaries are low, the overall compensation package, including benefits and shorter workweeks, is competitive, and future negotiations focus on strategic allocation of funds rather than general increases.Economy · 51d ago · also in 1 newsroomIsrael's Housing Market Paradox: 84,000 Unsold Apartments, Yet Prices Aren't CollapsingIsrael's housing market faces a paradox with 84,000 unsold new apartments, yet prices are not falling significantly due to a large portion being under construction, uneven distribution of inventory, and developers offering indirect discounts. Buyer caution and seller reluctance to accept lower prices also contribute to the market's stagnation.Economy · 52d agoIsraeli Housing Market: Real Costs Exceed Initial Down PaymentBuying a 2.6 million shekel home in Israel requires significantly more than the minimum down payment, with total upfront costs including taxes, fees, and a buffer for post-purchase expenses often exceeding 800,000 shekels. The actual financial burden depends heavily on whether it's a first-time purchase, an upgrade, or an investment property.Economy · 52d ago · also in 2 newsroomsIsraeli Supermarket Price Differences for Rosh Hashanah Shopping RevealedA study found that shopping for Rosh Hashanah groceries in Israel can vary by up to 577 shekels between supermarkets, with Rami Levy being the cheapest and Tiv Taam the most expensive. Researchers advise comparing total basket costs rather than individual deals.Economy · 52d ago · also in 1 newsroomIKEA Prices Vary Widely Globally, With Israel Among More Expensive MarketsIKEA prices for identical products vary significantly across countries due to local market factors, with Israel's prices being notably higher than in many European nations. The company attributes these differences to competition, logistics, taxes, and market size, while also adjusting prices globally.Economy · 53d ago · also in 26 newsroomsIsrael to Cut Fuel Tax Temporarily Amid Price SurgeIsrael will temporarily reduce its excise tax on gasoline by 0.50 shekels per liter starting September 7th, lowering the maximum price to 7.75 shekels. The move aims to offset recent record-high fuel costs and is set to last until October 31st, 2026.Economy · 53d ago · also in 3 newsroomsIsrael's Ben Gurion Airport Faces Financial Strain Amid Staff ShortagesIsrael's Ben Gurion Airport is facing financial difficulties due to rising labor costs, which now account for 75% of revenue, and significant staff shortages. A proposed reform could see the airport authority privatized to address these issues.Economy · 53d agoThree Israeli Defense Giants Rank Among World's Top 30 Military ProducersThree Israeli defense companies, Elbit Systems, IAI, and Rafael, are ranked among the world's top 30 military producers based on 2025 defense sales revenue. Elbit Systems ranked highest at 21st, followed by IAI at 27th and Rafael at 30th.Economy · 54d ago · also in 29 newsroomsBank of Israel Rate Cut Offers Modest Savings for Most Mortgage HoldersThe Bank of Israel lowered its benchmark interest rate to 3.25%, but most mortgage holders will see only minor annual savings due to loan structures. Significant savings are possible through refinancing, and further rate cuts are expected.Economy · 54d ago · also in 5 newsroomsIsrael Sees Bus Ridership Decline, Train Use Increase Over DecadeIsraeli public transport data from 2015 and 2025 shows a decline in bus usage and a rise in train travel. Despite improvements in train services and satisfaction, private cars remain the primary mode of commuting, and public transport's overall share of daily work commutes has decreased.Economy · 54d agoIsrael Railways Boosts Service With Four Trains Per Hour on Key RoutesIsrael Railways is increasing service frequency to four trains per hour during peak times on several central and northern lines, starting September 4th. The changes aim to improve commuter convenience and offer a better alternative to driving, with weekend schedules also adjusted.Economy · 54d ago · also in 1 newsroomAustralian Investors Target Israeli Agtech and Climate TechAustralian venture capital firms are expanding their investment focus in Israel beyond cybersecurity to include climate, energy, and agrotechnologies. Driven by a desire to support Israel and recognizing its economic resilience and innovation potential, firms like Bandera Capital are actively seeking promising Israeli startups, with Australia seen as a potential gateway market.Economy · 55d ago · also in 29 newsroomsBank of Israel Cuts Key Interest Rate Again, Lowering Borrowing CostsThe Bank of Israel lowered its interest rate to 3.25%, the fifth cut since November. This move reduces borrowing costs for mortgages and other loans but lowers returns for savers, while potentially boosting housing demand.Economy · 55d ago · also in 1 newsroomIsrael Boosts Private Sector 'Dmey Avraah' Holiday PayIsrael has increased the daily rate for 'dmei avraah' holiday pay for private sector employees from 418 to 451 shekels. Eligible workers will receive retroactive payments or the new rate, with an average increase of around 300 shekels before deductions.Economy · 55d ago · also in 1 newsroomIsraeli Supermarkets Vie for Customers by Expanding Beyond GroceriesIsraeli supermarket chains are expanding beyond groceries to sell items like electronics and cars to attract price-conscious consumers. "Rami Levy" and "Osher Ad" are leading this trend with competitive pricing and diversified offerings, while "Shufersal" faces declining sales and is undergoing restructuring.Economy · 55d agoTurkey Weaponizes Trade Against Israel Amid Gaza WarTurkey has completely halted trade with Israel in 2024, a significant departure from previous diplomatic disputes where economic ties persisted. This move, driven by President Erdoğan's hardline stance on the Gaza war, weaponizes trade as a political tool. While impacting both economies, Israel has shown resilience in finding alternative suppliers and diversifying its imports, whereas Turkey faces a loss of a key export market and tourism.