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Cursorinfo
Cursorinfo is a russian 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
1,558reports translated
61%first to report
201 mintypical time behind the first report
100%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 Cursorinfo writes
Cursorinfo's tone this month is neutral. On Netanyahu, the United States, Iran, Eisenkot and the Knesset its wording is in step with the other newsrooms.
From 1,544 reports this month, judged without the newsroom's name. How this is measuredOnly Cursorinfo had it
Netanyahu and Eisenkot Stalemate as Knesset Power Shifts LoomPolitics · 6h agoIsrael Weighs Unilateral Strike on Iran Amid US HesitationSecurity · 6h agoFrance Sees Fifth Protest Against Cost of Living, Numbers VaryPolitics · 6h agoBig stories Cursorinfo skipped
Israel's Attorney General Ordered to Appear in Netanyahu TrialCovered by 20 newsroomsNetanyahu Urges National Unity Government, Invites Eisenkot to Unconditional TalksCovered by 18 newsroomsPresident Herzog Mediated Early Talks for Netanyahu-Eisenkot Security MeetingCovered by 17 newsroomsLatest from Cursorinfo
Economy · 8h ago · also in 1 newsroomIsraeli Grocery Sales Decline Amid Cost of Living ConcernsIsraeli supermarket revenue dropped 4.5% year-on-year in Q3 2026 due to rising living costs, according to CBS data. While overall retail growth slowed to 0.8%, the grocery sector's decline was more severe. Despite this, year-to-date sales remain positive, showing a 4.9% increase for grocery chains.Economy · 10h agoNvidia Crisis Risks Major Economic Blow to Israel, Netanyahu WarnedIsrael's economy is at risk from a crisis engulfing tech giant Nvidia, a major employer and taxpayer contributing over 10 billion shekels annually. The potential resignation of CEO Jensen Huang and U.S. investigations into export violations could lead to reduced investments and tax revenues. Venture investor Michael Eisenberg has warned Prime Minister Benjamin Netanyahu about these significant economic threats. The crisis, marked by a 30% stock drop, could impact Israel's budget and high-tech sector.Economy · 11h ago · also in 1 newsroomIsrael's National Insurance Institute Adjusts November Payment ScheduleIsrael's National Insurance Institute has announced changes to its November 2026 payment schedule for social benefits. Key dates include November 15 for insurance contribution deadlines, November 12 for unemployment and minimum income support, and November 20 for child benefits and savings programs. A significant shift moves long-term benefits, including disability and old-age pensions, from November 28 to November 29 due to the date falling on a Saturday.Economy · 15h agoIsrael's Real Estate Market Sees Sharp Decline in SalesIsrael's real estate market experienced a sharp decline in September 2026, with total home sales down 10% year-over-year. The new construction sector saw sales drop by 20.6%, while the secondary market fell 16%. Developers are responding by offering more deferred payment plans, now used in 45% of new home deals. This downturn is negatively affecting the financial health of construction companies, with net cash flow down 45%.Economy · 17h agoFrankfurt Airport Sees 68% Surge in Flights to Israel Amid Regional DeclinePassenger traffic between Frankfurt Airport and Israel surged by 67.7% in October 2026, contrasting with a 17.9% decline in overall traffic to the Middle East. This growth occurred despite Frankfurt Airport's total passenger numbers remaining stable year-over-year. Fraport, the airport operator, reported significant increases on routes to the Maldives and China, alongside gains in European and other intercontinental destinations. Cargo volume at Frankfurt also rose, though flight operations decreased.Economy · 1d agoIsraelis Warned of Potential Airfare Surge Amid Global Cost IncreasesIsraeli travelers are being warned of potential airfare increases due to rising global fuel costs and environmental regulations impacting airlines. The Asian-Pacific Airlines Association is urging governments to adjust policies, as airlines like Ryanair suggest prices could rise by up to 20%. Additional domestic taxes and fees in Israel could further inflate costs for international travel, affecting vacation plans and budgets.Economy · 1d agoIsrael Considers New Taxes on Flights, Property, and Purchases by 2027Israel is planning significant tax changes for 2027, including new levies on air travel and undeveloped land, and an "online VAT" system to combat fraud. These measures aim to raise an estimated 10 billion shekels annually for the state budget. Aviation taxes could add hundreds of shekels to long-haul flights, while the VAT reform will change how businesses remit taxes. Higher taxes on additional properties are extended until 2027. The Head of the Tax Authority warned that further revenue increases may be needed.Economy · 1d ago · also in 1 newsroomIsrael's Pension Funds Face Scrutiny Over 30 Billion Shekel SurplusIsrael's pension funds have achieved high returns, but a 30 billion shekel surplus is causing concern over potential government budget use. A 2022 reform shifted pension investments to the stock market with a state-guaranteed yield, creating the surplus. While the Finance Ministry denies plans to use the funds, fears remain about market impact from their transfer. Journalist Ariel Feiglin suggests the market impact is likely minimal, and the reform ultimately benefits the stock market.Economy · 1d agoBank of Israel Governor Alarmed by Budget Uncertainty Until 2027Bank of Israel Governor Amir Yaron is concerned that budget uncertainty will last until mid-2027, potentially delaying economic reforms. This follows Prime Minister Netanyahu's speech at the new Knesset, which Yaron attended. The article also discusses the Tax Authority's proposal to reinstate a travel tax to address the budget deficit and the broader economic impact of political instability on the Tel Aviv Stock Exchange. The delay in forming a government and approving a budget is seen as a major obstacle to economic recovery and stability.Economy · 1d ago · also in 1 newsroomAshdod Real Estate Market Sees Sales Plummet, Agents ExitApartment sales in Ashdod, Israel, have plummeted by over two-thirds in the past year, from 510 to 158 units, as buyers await price drops and many real estate agents leave the industry. Economic uncertainty, the ongoing war, and unfavorable currency exchange rates for foreign buyers are contributing factors. The market is experiencing a significant slowdown, with sellers forced to lower prices and buyers hesitant due to security concerns and the hope of future price reductions.Economy · 2d agoLowering Water Heater Temperature Saves Money and Prevents BurnsLowering home water heater temperatures by about 5-6 degrees Celsius, to around 49°C, can save 5% on heating costs and significantly improve safety by reducing burn risks. This adjustment is unnoticeable in showers and provides a crucial safety margin, especially for children. Separately, Israeli water prices are scheduled to rise in 2027.Economy · 2d ago · also in 1 newsroomIsrael's Waste Recycling Rate Stagnates Below 16% Amidst Municipal DisparitiesIsrael's waste recycling rate in 2025 was 15.67%, with most waste going to landfills, according to the Central Bureau of Statistics. Haifa led major cities in recycling at 26.28%, while Beit Shemesh was last at 4.98%. Tel Aviv residents generated the most waste per capita, averaging 2.32 kg daily. The national average waste generation was 1.79 kg per person per day.Economy · 2d agoIsraeli Shoppers Warned of November Sale DeceptionsIsraeli consumers are cautioned about deceptive November sales tactics, including inflated prices and countdown timers, according to a Humanix study reported by Channel 12. Experts advise shoppers to research price histories, ignore time-sensitive pressure, and calculate all costs, including shipping and warranties. While international sites may offer lower prices on small items, local retailers are preferred for larger purchases due to better guarantees and service.Economy · 2d ago · also in 4 newsroomsShein Tops AliExpress in Israeli Online Sales During November Shopping FrenzyIsraeli shoppers favored Shein over AliExpress for the first time during the November "Singles' Day" sale, with Shein's average check increasing by over 23%. Overall online spending and transaction numbers rose significantly compared to last year. Authorities also warned of increased scam activity targeting online shoppers during the busy sales period.Economy · 2d ago · also in 8 newsroomsArkia Airline Faces Bankruptcy Threat Amid Management-Union DisputeThe Israeli airline Arkia is facing a severe crisis as management plans reorganization and layoffs without consulting the workers' committee. The Histadrut Transport Workers Union has declared a labor dispute, accusing owners of jeopardizing jobs and delaying a crucial sale of the company. Union official Nir Eisenberg criticized the owners and shareholder representative Avi Horomer, demanding they stop blocking the sale and allow new investors to save the airline.Economy · 2d ago · also in 2 newsroomsIsrael to Reform Parking Rules, Limiting Free Resident ParkingIsrael will introduce new parking regulations on January 1, 2027, limiting free resident parking to local neighborhoods in major cities. The reform also caps the price difference between resident and non-resident parking rates nationwide at 30%. These changes will affect many drivers, particularly those in large urban areas, and aim to create more predictable parking costs for visitors.Economy · 2d agoIsrael's Real Estate Market Faces Slowdown, Tel Aviv District Leads in Unsold HomesIsrael's real estate market is slowing down, with 85,080 new apartments unsold as of September, according to the Central Bureau of Statistics. The Tel Aviv district has the highest concentration of unsold units at 31.2%. Total apartment sales decreased by 5.7% from the previous quarter, though seasonal adjustments show a slight increase. Jerusalem and Tel Aviv-Jaffa have the most unsold new apartments in major cities.Economy · 2d ago · also in 2 newsroomsIsraeli Customer Charged VAT on Discounted Online Orders and Free GiftsAn Israeli customer, Yael, was charged VAT on two online orders despite their final cost being under $75, due to the seller declaring original prices and gift values on customs forms. The Tax Authority initially denied her claim but later stated she could seek a refund if she proves the discounts and gifts were part of a general promotion. Yael paid a total of 118 shekels in VAT for the two orders and plans to resubmit her claim with evidence.Economy · 2d ago · also in 1 newsroomIsrael's National Insurance Institute to Distribute Benefits Starting November 12Israel's National Insurance Institute (Bituah Leumi) will start distributing benefits to hundreds of thousands of citizens on November 12, with payments continuing throughout the month. Key dates include November 12 for unemployment and income support, November 20 for child allowances, and November 29 for the largest payment phase covering disability and old-age pensions. The November payouts are expected to provide significant financial support to many Israeli families.Economy · 3d ago · also in 1 newsroomIsrael Postpones Social Security Payments to Late NovemberHundreds of thousands of Israelis will receive their November social security payments on November 29, 2026, instead of the usual 28th, due to the date falling on a Saturday. Some eligible recipients may receive up to 8,300 shekels. The delay affects various groups including pensioners, people with disabilities, and families with special needs children. The National Insurance Institute announced the rescheduled date, which does not alter the benefit amounts.Economy · 3d ago · also in 2 newsroomsIsrael's Economy Poised for Record Growth, Surpassing Sweden and UAEIsrael's economy is projected to experience record growth, with the IMF forecasting its GDP to reach $747 billion by 2026, moving it to 25th globally. S&P has raised its growth outlook to 5.5% for 2026 and 7% for 2027. This expansion, partly driven by the strengthening shekel and the tech sector, is expected to surpass economies like Sweden and the UAE. However, ongoing security threats continue to impact Israel's credit rating and potential for improved living standards.Economy · 3d ago · also in 1 newsroomBluebird Airways to Compensate Passengers for Canceled FlightsBluebird Airways will pay 800,000 shekels in compensation to passengers whose flights to Israel were canceled during military operations and airspace closures. The settlement resolves a class-action lawsuit where passengers claimed the airline failed to provide support. Eligible passengers will receive a discount of up to 400 shekels on future tickets, not direct cash payments. The agreement is awaiting court approval, while the broader issue of airline responsibility in conflict zones is being reviewed by the Supreme Court.Economy · 3d ago · also in 2 newsroomsS&P Raises Israel's Growth Forecast Amid War Risk and Election UncertaintyS&P has raised Israel's economic growth forecast to 5.5% for 2026 and 7% for 2027, citing NVIDIA's investments as a key driver. The agency warns of continued regional instability and a potential military escalation with Iran, though its baseline scenario anticipates limited infrastructure damage. Election results are expected to bring potential shifts in foreign policy, while defense spending will likely maintain budgetary pressure.Economy · 3d ago · also in 1 newsroomEl Al Offers Full Refunds or Vouchers Amid Passenger UproarEl Al is allowing passengers to cancel Prague flights or exchange tickets for vouchers by November 23 due to backlash over using its budget subsidiary, Sun Dor. Customers complained about downgraded services and lack of business class on Sun Dor planes. The airline reversed its strict cancellation policy after threats of a class-action lawsuit.Economy · 3d ago · also in 6 newsroomsIsrael's Discount Bank Launches Crypto Trading ServiceDiscount Bank, a major Israeli financial institution, is launching a new service allowing customers to trade Bitcoin and Ethereum via its mobile app starting November 26. The service integrates tax accounting and uses secure custodial wallets managed by Fireblocks. This move marks a significant shift in the Israeli banking sector's stance on digital assets.Economy · 3d ago · also in 1 newsroomTel Aviv Cafe Sparks Outrage Over Mandatory Tip ScreenA Tel Aviv "Arcafe" coffee shop branch has introduced a mandatory tipping screen on payment terminals, causing public backlash. Customers must actively select a tip amount or decline, leading to perceived pressure. While the chain claims it's to reward staff, employees report increased earnings. The system also aids in digital accounting and tip distribution.Economy · 3d agoIsrael Faces Budget Crisis: Tax Hikes or Spending Cuts LoomIsrael's economy faces significant post-conflict costs, estimated at 405 billion shekels by 2026, due to increased defense spending and potential shifts in U.S. military aid. Despite resilient GDP growth projections, a widening budget deficit and rising national debt are forcing difficult choices. The government must decide between raising taxes, cutting civilian services, or increasing borrowing, impacting future generations.Economy · 3d ago · also in 1 newsroomIsrael's National Insurance Institute Postpones November Payments Due to ShabbatIsrael's National Insurance Institute will delay November benefit payments until November 29th because the 28th falls on Shabbat. Hundreds of thousands of citizens receiving disability, old age, care, and subsistence benefits will be affected. The payments, totaling billions of shekels, are crucial for many families and individuals. The delay is a standard procedure when payment dates coincide with the weekend.Economy · 3d agoIsrael's National Insurance Institute to Issue Payments ThursdayIsrael's National Insurance Institute (Bituah Leumi) will issue unemployment and minimum income support payments on Thursday. These benefits assist citizens who have lost income or face financial hardship. Eligibility for unemployment benefits requires factors like residency, age, employment history, and registration with the Employment Service. Minimum income support is for those with low or no income, assessed by financial status, age, and family size.Economy · 4d agoIsrael's Proposed Aviation Tax Sparks International OutcryThe International Air Transport Association (IATA) is calling on Israel's Tax Authority to scrap a proposed tax on departing flights, warning it will burden passengers and harm the aviation industry. IATA argues the tax, which could generate billions of shekels, lacks proven environmental benefits and was sent a letter on November 9. The association noted that international flights are a strategic necessity for Israel and that the tax could reduce services, citing Sweden and Germany as examples of countries reconsidering similar measures. This follows a previous objection by IATA to a similar proposal in December 2025.Economy · 4d ago · also in 4 newsroomsIsrael Proposes New Tax on Airline Tickets to Offset Environmental ImpactIsrael's Tax Authority has proposed a new tax on airlines, potentially increasing ticket prices, to fund environmental mitigation efforts related to aviation. The proposed fee, based on aircraft weight and flight distance, could add 12 to 274 shekels to tickets and is expected to generate 1.1 billion shekels annually. The initiative aims to offset the environmental damage caused by air travel, citing examples from the UK, France, and Germany, and is part of the 2027 budget preparations.Economy · 4d agoIsraeli Supermarkets Use Deceptive Tactics to Increase Customer SpendingIsraeli supermarkets use marketing tactics like shrinkflation, fake discounts, and strategic product placement to increase customer spending. A Tel Aviv University study revealed price hikes in many categories despite advertised reductions. Experts recommend comparing unit prices and considering store brands to avoid overspending.Economy · 4d ago · also in 13 newsroomsBank of Israel Approves Revolut Banking License Amidst European ScrutinyThe Bank of Israel has approved fintech company Revolut's application to launch a banking division in Israel, despite regulatory issues faced by Revolut in Europe. Governor Amir Yaron cited the move as a sign of confidence in Israel's economy and a step towards increased competition. The new entity will be known as Revolut Israel.Economy · 4d ago · also in 1 newsroomFroneri Israel to Raise Ice Cream Prices Starting December 1Froneri Israel will increase prices on Nestle ice cream brands starting December 1 due to rising production and logistics costs. Popular items like "Экстрим" and Mini Oreo will see price hikes of nearly 7%. This winter price increase follows similar moves by other Israeli ice cream companies in previous years.Economy · 4d ago · also in 5 newsroomsIsrael's Shopping Season Sees Record Spending Shift to LeisureDuring Israel's "Shopping IL" discount period, cashless payments reached nearly 3.5 billion shekels, a 3% increase from last year. Israelis unexpectedly shifted spending from goods to leisure, with restaurant spending up 18% and tourism up 14%. The national payment system Shva reported record consumer activity and a stable financial outlook for the population.Economy · 4d ago · also in 3 newsroomsKFC Israel Seeks Investors Amid Financial Crisis, 120 Jobs at RiskThe Israeli branch of KFC, operated by Smart Service K&K, is being sold by court order due to a 50 million shekel debt, exacerbated by the security situation after October 7, 2023. Approximately 120 employees are at risk as 12 branches seek new investors within 21 days. Administrators are negotiating with suppliers and employees to stabilize operations during the sale process.Economy · 4d ago · also in 2 newsroomsSun d’Or Offers Winter Flights to Europe Starting at $69Sun d’Or, a subsidiary of El Al, is selling winter flights to five European destinations for January and February 2027, with one-way tickets starting at $69. The cheapest fares are for flights to Cyprus, followed by Albania, Warsaw, and Prague. The "Light" fare includes a carry-on and a trolley suitcase, with additional services potentially costing extra. Prices vary based on date and availability.Economy · 4d ago · also in 1 newsroomIsrael to Delay Social Security Payments by One Day Due to WeekendHundreds of thousands of Israelis will receive their social security payments on Sunday, November 29, instead of Saturday, November 28. The National Insurance Institute (Bituah Leumi) is delaying the transfers due to November 28 falling on a Saturday, when banks are closed. The delay affects major benefits, including pensions and disability payments, totaling billions of shekels.Economy · 5d ago · also in 4 newsroomsIsrael's Budget Deficit Widens Despite Increased Tax RevenueIsrael's national budget deficit has widened to 74 billion shekels (3.3% of GDP) as of October 2026, despite a 10% increase in tax revenues year-to-date. Defense spending surged 9.9%, significantly exceeding budget plans and straining public finances. While tax collection improved, it was insufficient to cover the growing gap between government income and expenditures.Economy · 5d agoDeteriorating US-Israel Ties Could Hurt Israeli Economy, Raise Living CostsDeteriorating relations between Israel and the United States could lead to economic repercussions for Israelis, including higher prices and reduced social spending. Experts warn of a potential impact on Israel's credit rating, increased borrowing costs, and a possible weakening of the shekel, raising the price of imported goods. While financial markets have not yet fully priced in these risks, a significant reduction in U.S. aid could increase Israel's debt-to-GDP ratio. The formation of a new government might offer a temporary boost to investor confidence.Economy · 5d agoStandby Power Drains Up To 8% From Monthly Electricity BillsHousehold electronics left plugged in can increase electricity bills by 5-8% due to "phantom" energy consumption, according to Energuide and Maison & Travaux. Devices like TVs, routers, and computers in standby mode are major culprits. Simple solutions include using power strips with switches, smart timers, and energy-efficient appliances. These practices can help consumers reduce costs without additional equipment.Economy · 5d agoEl Al Leads Ben Gurion Airport as Dubai Flights PlummetBen Gurion Airport's passenger traffic rose 6.01% in October 2026, but flights to Dubai plummeted by 97.47%. El Al strengthened its lead among Israeli carriers, while Greece, the US, and Italy were top destinations. Domestic flights and cargo operations also saw significant increases, contributing to the airport's overall recovery.Economy · 5d ago · also in 2 newsroomsRami Levy Supermarket Chain Eyes International ExpansionRami Levy, CEO of the Israeli supermarket chain, is in talks to open stores internationally due to high demand. He observed Israeli goods selling for three to four times more in the U.S. than in Israel during a recent trip. Another Israeli chain, Osher Ad, already operates four stores in the U.S. under the Bingo brand and plans further expansion.Economy · 5d agoIsraelis Overpay Due to Supermarket Price Manipulation TacticsIsraeli supermarkets and manufacturers are using indirect methods like shrinkflation and manipulated discounts to increase consumer spending without overt price hikes. Strategic store layouts and pricing tactics, such as placing essentials far from entrances and using prices ending in .90 shekels, encourage impulse buys and higher overall costs. The Israel Consumer Protection Authority recommends comparing unit prices and using online tools to combat these hidden increases.Economy · 5d ago · also in 2 newsroomsShufersal Store in Arad Converts to Haredi Format Amid Price Hike FearsShufersal is converting one of its Arad supermarkets to a "Yesh Chesed" format catering to the ultra-Orthodox community, sparking fears of higher prices and reduced selection among secular residents. The change follows the mall's acquisition by businessmen representing the Gur Hasidic movement, who plan to adapt it for religious needs. This reflects Arad's growing ultra-Orthodox population, now comprising 30% of residents.Economy · 6d agoIsraeli Airlines Plan 10 New Routes from Ben Gurion Airport in 2027Israeli airlines Israir, Arkia, and El Al will launch ten new direct flight routes from Ben Gurion Airport in 2027, connecting Israel to destinations in Europe, Asia, Iceland, and South America. Key new routes include flights to Reykjavik, Manila, Seoul, Buenos Aires, Split, Sarajevo, Bologna, Preveza, Tallinn, and Yerevan. These expanded options aim to simplify travel and reduce transit times for Israelis, though experts advise careful planning regarding costs and trip duration.Economy · 6d agoIsraelis More Optimistic About Personal Finances, But Not SpendingIsraelis' personal financial optimism has risen to 7 points in October, the first time in a long period it has entered positive territory, according to the Central Bureau of Statistics. However, this personal optimism has not translated into increased daily spending or confidence in the national economy, which remains negative. The CBS data also highlighted significant differences in sentiment between employed and unemployed individuals, and between Jewish and Arab citizens.Economy · 6d ago · also in 7 newsroomsIsrael Seeks to Lower Hard Cheese Prices Through Import QuotasIsrael's Ministry of Economy is issuing import quotas for 5,900 tons of hard cheese in 2027 to lower prices by boosting competition. This move aims to counter rising global cheese costs and follows previous measures that already reduced domestic prices. The initiative occurs as other essential goods and fuel are expected to become more expensive in Israel later this year.Economy · 6d agoIsraeli Housing Market Stagnates Amid High Prices and Tight CreditThe Israeli housing market is stagnating as buyers are deterred by high prices and stricter bank lending. While new apartment sales saw a nominal increase in August due to government subsidies, the open market experienced a 2% decline. The secondary market saw a 7% drop in transactions. High interest rates from the Bank of Israel are making mortgages unaffordable, forcing developers to offer flexible payments and buyers to wait for better financing.Economy · 6d ago · also in 18 newsroomsIsrael Considers New Tax on Flights to Offset Environmental DamageIsrael's Tax Authority is proposing a new departure tax on flights, potentially increasing ticket prices by 4-5% to fund environmental damage compensation. The tax, calculated by aircraft weight and flight distance, could generate 1.1 billion shekels annually. This move follows similar environmental taxes in Europe and comes amid global aviation industry challenges.Economy · 6d ago · also in 7 newsroomsIsrael Plans Duty-Free Yellow Cheese Imports to Lower PricesIsrael plans to import 5,900 tons of yellow cheese duty-free in 2027 to increase market supply and competition. A portion of the imports will be tied to commitments for lower consumer prices, while a bonus quota will allow importers more pricing flexibility. The Ministry of Economy hopes this will lead to reduced cheese costs for consumers, though the final outcome depends on market dynamics.Economy · 7d agoIsraelis Remain Cautious on Spending Despite Improved Personal Financial OutlookIsraelis are more optimistic about their personal finances but remain hesitant to spend on major purchases due to uncertainty about the national economy. The consumer confidence index stood at minus 13 points in October, with personal financial expectations improving while national economic outlooks remain negative. This cautious spending could impact various economic sectors. Internationally, Israel's consumer confidence ranks moderately well among OECD countries.Economy · 8d ago · also in 1 newsroomIsraeli Auto Insurance Premiums Decline After Years of IncreasesAuto insurance premiums in Israel are decreasing due to fewer accidents, the entry of Asian reinsurers, reduced car thefts, and revised parts pricing regulations. After a significant rise between 2022 and 2024, recent data shows a decline in accidents and fatalities. The Israeli Supreme Court's ruling on parts pricing is expected to further stabilize costs, though final regulations are pending.Economy · 8d ago · also in 4 newsroomsIsrael Water Prices to Rise Slightly in 2027Water prices in Israel will increase by about 2.3% in 2027, raising monthly bills for a family of five by an estimated 3 to 3.5 shekels. The Water Authority Council approved the hike with a narrow one-vote margin, rejecting a proposal for a nearly 6% increase. This adjustment covers an additional 260 million shekels in water system expenses. Households are encouraged to review their water consumption and entitlements to manage costs.Economy · 8d ago · also in 1 newsroomIsrael's National Insurance Institute Details Work Injury BenefitsIsrael's National Insurance Institute (Bituah Leumi) has reminded citizens about benefits for work-related injuries, which can compensate for up to 75% of lost income for up to 13 weeks. The daily benefit is capped at 1,314.25 shekels starting in 2026. The definition of a work injury includes commuting and, in some cases, remote work incidents. Applications for benefits must be filed within 12 months of the injury.Economy · 9d agoIsraeli Renters Can Negotiate Lower Apartment Prices With These 5 TacticsAverage monthly rent in Israel increased by 4.8% to 5086 shekels in Q2 2026, with significant price disparities between cities like Tel Aviv and Beersheba. Renters can negotiate prices by researching comparable apartments, offering longer lease terms, and demonstrating reliability. Lease agreements must detail all terms, including rent, potential increases, and repair responsibilities. Landlords are responsible for major building repairs, while tenants cover utilities and maintenance.Economy · 9d agoBlack Friday 2026: Shoppers Face Sales Traps and Price ManipulationsRetailers are employing various tactics, including price manipulation and exploiting the fear of missing out, to influence consumer spending during November 2026 sales events like Black Friday. Israel Hayom advises shoppers to research prices, compare offers, and create shopping lists to avoid unplanned expenses. The month features multiple sales, including ShoppingIL in Israel, Singles' Day, Black Friday on November 27, and Cyber Monday on November 30, each with specific product focuses and potential pitfalls.Economy · 9d agoTel Aviv Stock Exchange Plummets, Dollar Surges Post-ElectionThe Tel Aviv Stock Exchange's TA-35 index fell 3.69% after elections, reaching a six-month low, while the dollar rose 6% against the shekel to over 3.2. The downturn began October 28, following unclear election results. Investors are reportedly withdrawing funds due to political uncertainty and market fears. The shekel has weakened by 4.5% against the dollar since the vote.Economy · 9d ago · also in 1 newsroomIsrael Tightens Car Import Rules, Ending Simplified Scheme for Passenger VehiclesIsrael's Ministry of Transport will end the "small series" import scheme for passenger cars in 2027, impacting independent importers and potentially reducing vehicle variety and price competition. The simplified import process, previously used for electric vehicles, will be restricted to light commercial vehicles only. Separately, a regulation requiring daytime headlights on intercity roads is in effect until March 2027 to enhance safety.Economy · 9d ago · also in 1 newsroomIsrael Antitrust Authority Fines El Al $29 Million for Abusing MonopolyIsrael's Antitrust Authority intends to fine El Al approximately 109.6 million shekels for abusing its monopoly status by blocking competitor Arkia's access to maintenance hangars during the "Iron Swords" conflict. Two senior executives also face personal fines. El Al denies the charges, and a final decision awaits hearings.Economy · 9d agoEtihad Airways Expands Flights From Israel to Hong Kong via Abu DhabiEtihad Airways has increased its daily flights from Israel to Abu Dhabi to six, re-establishing a route to Hong Kong with short layovers. Passengers can now travel to Hong Kong via Abu Dhabi, with layover times under three hours. Ticket prices start at $1176, with options for checked baggage and a stopover program in Abu Dhabi offering free hotel stays.Economy · 9d agoPension Fund Contributions May Be Lost: What to Check NowAs the year ends, it's crucial to review pension fund contributions, fees, and investment programs. Individuals should verify that all contributions are deposited, compare management fees, and ensure investment strategies align with their long-term goals and risk tolerance. It is possible to switch pension funds independently, but the impact on insurance coverage must be assessed. Beneficiary details should be updated regularly, and upon job termination, understanding options for maintaining insurance coverage and withdrawal rules for different savings types is essential.Economy · 9d agoContract Pitfalls: Key Clauses to Scrutinize Before SigningA ynet article emphasizes the importance of thoroughly reviewing contracts before signing to prevent future disputes. Key areas to scrutinize include the precise scope of work, payment terms tied to milestones, and procedures for handling changes and delays. Legal review is recommended to ensure the contract aligns with business realities and risks, and that all prior agreements are consistently reflected. Clear communication and internal dissemination of contract terms are vital for successful execution.Economy · 9d agoIsrael Fuel Prices Surge Despite Government InterventionIsraeli drivers are facing higher fuel costs as the price of 95-octane gasoline rose to 7.85 shekels per liter. Minister of Finance Bezalel Smotrich implemented a temporary 50 agorot per liter excise tax reduction to soften the impact. This measure will last for 26 days, and drivers face potential further price hikes in December.Economy · 10d agoIsrael's Average Salary Rises, But Job Growth Lags Behind PopulationIsrael's average salary rose by 3.8% to 14,515 shekels before taxes in September, with real wage growth at 2.2% after inflation. However, job growth has stagnated and is not keeping pace with the population increase. Employment in the high-tech sector is also declining, now representing 9.5% of all jobs.Economy · 10d agoIsraeli Shoppers Face Doubled Prices on Global E-Commerce SitesIsraeli shoppers are paying significantly higher prices, sometimes nearly double, for the same products on international e-commerce sites like SHEIN, ASOS, and AliExpress compared to European customers. These price differences persist despite VAT exemptions on foreign purchases, suggesting retailers are adjusting prices based on the Israeli market. The trend has led to increased online shopping and potential lost tax revenue for the state, while also disadvantaging local businesses. Consumers are urged to compare prices carefully before making purchases, especially during sales.Economy · 10d ago · also in 1 newsroomEl Al Imposes Stricter Change, Cancellation Fees on US FlightsIsraeli airline El Al is implementing new, stricter rules for changing or canceling tickets on flights between Israel and the U.S., effective November 4, 2026. These changes apply to specific holiday and peak travel dates in 2027, potentially increasing costs for passengers. The airline is also significantly expanding its flight network to the Americas, with a record number of weekly flights planned for summer 2027.Economy · 10d agoIsrael's National Insurance Institute Faces Potential Financial Collapse by 2035Israel's National Insurance Institute (Bituah Leumi) faces a potential financial crisis, with reserves projected to run out by 2035 due to rising expenses and declining income. A study highlights demographic shifts and wage disparities contributing to an expected 65 billion shekel income loss by 2049. Expenses for long-term care and disability benefits have surged significantly. The Ministry of Finance is considering measures to address the growing deficit, which could impact benefit levels for millions of Israelis.Economy · 10d agoSHEIN Customers Complain of Refund Issues Amid Logistics ChangesIsraeli customers of the online retailer SHEIN are reporting widespread problems receiving refunds for returned items, with delays starting in August. The company attributes the issues to a new logistics system involving intermediary firm U-Speed, though customers have received confirmation of delivery. Some customers are preparing legal action, while others are advised to use discounts for future purchases.Economy · 10d agoIsrael Extends Fuel Tax Break, Averting Price HikeIsraeli drivers will avoid a fuel price increase after Finance Minister Bezalel Smotrich extended a tax reduction. The 50 agorot per liter excise tax break will remain in effect until the end of November, keeping the price at 7.85 shekels. This decision prevents a rise to 8.35 shekels per liter, which was expected due to the expiration of a previous, larger tax benefit. Global fuel prices and the dollar exchange rate also impact gasoline costs.Economy · 10d ago · also in 5 newsroomsIsrael Fuel Prices Jump as Tax Break ReducedGasoline prices in Israel will increase by 50 agorot to 7.85 shekels per liter on November 5 due to a reduced tax discount. This change will make filling a 50-liter tank 25 shekels more expensive. Meanwhile, Israel is advancing its electric vehicle infrastructure by allowing more space for charging equipment at gas stations and permitting facilities within highway interchanges.Economy · 10d ago · also in 2 newsroomsIsrael's National Insurance Institute to Issue Early November BenefitsIsrael's National Insurance Institute will pay most November social benefits early on Thursday, November 26th, instead of the usual 28th, because the date falls on a Saturday. Hundreds of thousands of families will receive billions of shekels, including disability, old-age, and child allowances. This early payment helps recipients access essential funds before the weekend. Other November payments included unemployment and income support on the 12th, and child allowances on the 20th.Economy · 10d ago · also in 1 newsroomFrench Investor Buys Tel Aviv Luxury Floors for Record PriceA French IT entrepreneur has set a new record in Tel Aviv's luxury real estate market by purchasing two floors in the Daniel Tower for 119 million shekels. The deal, averaging over 145,000 shekels per square meter, reflects a significant price increase in the city's high-end property sector. The developer, Yossi Avrahami, is constructing the 24-story building which will combine residences with a boutique hotel, offering residents access to premium amenities. Construction began in early 2025 after the developer acquired the land in 2019.Economy · 10d agoIsraeli Shekel Weakens Against Dollar Amid Political UncertaintyThe Israeli shekel has weakened to its lowest point against the dollar since late March, driven by political uncertainty after elections and a widening interest rate gap with the U.S. Falling Wall Street futures and increased risk premiums demanded by foreign investors are also pressuring the currency. The Bank of Israel faces a difficult decision on interest rates on November 23 amidst these economic pressures.Economy · 10d agoAir Canada Resumes Tel Aviv-Montreal Flights in May 2027Air Canada will resume direct flights between Tel Aviv and Montreal in May 2027, operating three times weekly. The route will utilize Boeing 787-9 Dreamliners with a three-class configuration. This service is part of Air Canada's larger global expansion, adding 11 new long-haul destinations starting November 2026.Economy · 11d agoFlyDubai Extends Flight Pause to Israel Through November Amid Geopolitical InstabilityFlyDubai has extended its suspension of flights to Israel until November 30, citing geopolitical instability. The airline previously operated about ten daily flights, and its absence is causing financial losses. While other international airlines continue operations, including plans for new routes by United Airlines, the situation with FlyDubai remains unresolved.Economy · 11d ago · also in 1 newsroomIsrael's Pensioners Face Modest January Increase Amidst Inflation AdjustmentsIsraeli pensioners and social benefit recipients will see a modest increase of approximately 1.6% in January 2027, the smallest rise since 2021. A single pensioner's monthly payment may increase by less than 30 shekels. The final adjustment depends on the November inflation index, due mid-December. Other benefits, like those for disability, are linked to average wages and saw a larger increase this year, while child benefits were frozen and saw a smaller rise.Economy · 11d agoIsrael's Average Salary Rises 1.8% Annually, Reaching 14,534 ShekelsIsrael's average gross monthly salary reached 14,534 shekels in July 2026, a real annual increase of 1.8% after inflation. The IT sector leads in earnings, while hospitality is at the bottom, with a significant gap between high and low earners. The median salary is 9,644 shekels, reflecting a more typical income than the average. Work hours also contribute to income disparities across professions.Economy · 11d agoUS Drug Price Policy Could Drive Up Costs in Europe and IsraelThe US administration's push to lower drug prices is prompting pharmaceutical companies to seek higher prices in Europe, potentially increasing costs for European nations and indirectly affecting Israel. While the US has significantly higher drug costs, European countries are adopting varied strategies to manage price pressures. Israel, currently benefiting from controlled prices, faces the risk of increased medication expenses if European markets concede to higher purchasing prices.Economy · 11d agoIsrael's Income Tax Gap Between Sectors Widens DramaticallyAn Israel Democracy Institute report shows the income tax gap between non-ultra-Orthodox and ultra-Orthodox Jewish households has widened to 10.5 times, nearly doubling since 2009. Payments to the National Insurance Institute also show a 2.4-fold difference. The study links these disparities to lower male labor force participation and specific career choices within the ultra-Orthodox community, while ultra-Orthodox women show academic gains but remain concentrated in education.Economy · 12d ago · also in 3 newsroomsIsrael Overhauls Bus Routes and Schedules NationwideIsrael is launching a major bus reform, set to begin in the coming days, that will alter routes and schedules nationwide. The National Public Transport Authority has agreed to pay six bus companies approximately 28 billion shekels over four years to redistribute resources, increasing service on busy lines and reducing it on less-used ones. The reform also shifts company compensation to better reflect passenger numbers, aiming to improve service quality and efficiency. The full impact will depend on individual travel patterns and locations.Economy · 12d ago · also in 2 newsroomsIsrael's Central Bank Tightens Mortgage Rules, Impacting Young CouplesThe Bank of Israel has tightened mortgage rules, limiting the amount of parental income banks can consider when assessing loan applications for young couples. Effective November 2, only up to 50% of a parent's income can be counted if they are not property owners, potentially preventing some families from securing mortgages. This move aims to reduce household debt risks, though it may hinder first-time homebuyers, particularly young professionals. The full impact and number of affected families remain unclear.Economy · 12d agoBen Gurion Airport Fines Cost Drivers Millions AnnuallyThousands of drivers are fined about 500 shekels each month for illegal stops at Ben Gurion Airport, totaling approximately two million shekels monthly. To avoid these fines, drivers can use a free waiting parking lot for the first hour, located a short drive from the terminal. This measure aims to improve airport safety and traffic flow, with fines going to the state treasury.Economy · 12d agoIsraelis Overpaying for Flights Due to Hidden Costs and Booking TrapsMany Israelis overpay for flights because advantageous offers are often unavailable on standard booking sites. Hidden costs like baggage and transfers can increase initial flight prices by up to 50%. Package tours can sometimes be cheaper than booking separately, but require careful examination of included services. Experts recommend calculating the full trip budget and checking cancellation policies to find the best value.Economy · 13d ago · also in 1 newsroomMoody's Revises Israel's Economic Outlook Amid Post-Election UncertaintyMoody's has revised Israel's economic outlook, lowering the 2026 budget deficit forecast to 5% of GDP due to unexpected tax revenues and a methodology change. While GDP growth expectations have risen, the agency warns this is largely statistical and not due to domestic business growth. Key risks to Israel's credit rating include potential judicial reforms and strained foreign relations.Economy · 13d ago · also in 1 newsroomIsraeli National Insurance Institute Faces Client Dissatisfaction, Survey RevealsA 2025 survey by Israel's Central Bureau of Statistics found that approximately 507,000 Israelis were dissatisfied with services from the National Insurance Institute (Bituah Leumi). Common complaints included long waits and poor information. Despite this, overall satisfaction has risen significantly since 2015. The report also highlighted disparities in satisfaction and service access among different demographic groups, including Arab and Jewish Israelis, and assessed local social services.Economy · 13d agoIsrael's National Insurance Institute to Announce November Payment DatesIsrael's National Insurance Institute (Bituah Leumi) will soon announce the exact date for November's long-term benefit payments, which are usually made on the 28th but may be shifted due to the date falling on a Saturday. Employers and the self-employed must submit reports and payments by November 15th. Benefit amounts vary, with a full disability pension around 4,711 shekels and elderly pensions starting at 1,838 shekels.Economy · 14d agoHaifa Airport Gains Traction, Challenging Ben Gurion's DominanceHaifa Airport is becoming a popular alternative to Ben Gurion International Airport for northern Israelis, with Air Haifa serving 600,000 passengers since September 2024. The regional airport offers convenience and reduced travel time but faces challenges with higher ticket prices and limited destinations. A severe parking shortage is being addressed by a new 900-space lot, with completion expected soon.Economy · 15d agoUS Sanctions Cripple Iran's Economy, Impacting Military and ProxiesU.S. sanctions and oil export restrictions are severely impacting Iran's economy, with projections of a 25% contraction within a year. The financial pressure is affecting the Islamic Revolutionary Guard Corps, leading to salary delays and leadership concerns. Foreign currency shortages, particularly dollars, are complicating military and state operations, as well as funding for proxy groups like Hamas, Hezbollah, and the Houthis. Despite these measures, some financial channels to proxies appear to remain open, and regional oil shipments have recovered.Economy · 15d ago · also in 2 newsroomsBen Gurion Airport to See Major Schedule Changes Starting NovemberBen Gurion Airport will implement major changes to its international flight schedules starting in November as part of the winter timetable. Wizz Air will reduce flights to several European destinations but increase services to London, while Lufthansa Group carriers will adjust frequencies. United Airlines will significantly expand its US routes, adding flights to Newark, Chicago, and Washington. Delta and KLM will also modify their schedules, and Air Canada and Air India are set to resume operations in late November and early December, respectively.Economy · 15d ago · also in 3 newsroomsFitch Warns Israeli Economy at Risk Amid Political Uncertainty Post-ElectionFitch Ratings has warned that Israel's economy faces risks due to potential political instability following the October 27 elections. The fragmented Knesset and difficulty forming a majority government could delay budget approval and lead to economic paralysis. Benjamin Netanyahu will attempt to form a government first, followed by Gadi Eisenkot if Netanyahu fails, with new elections possible if coalition efforts fail.Economy · 15d agoIsrael Extends Fuel Tax Break Amid Rising Gas PricesIsrael's Finance Minister Bezalel Smotrich extended a reduced excise tax on fuel for one month, limiting an expected November gasoline price hike. While international prices and VAT cuts will lower gas by 42 agorot per liter starting Sunday, the tax break prevents a larger increase. The measure, effective until December 5th, keeps the price at 7.85 shekels per liter instead of 8.35.Economy · 15d agoIsraeli Economy Needs Urgent Reforms Amidst Post-Election StalemateIsraeli economic commentator Yehuda Sharoni urged immediate reforms to address economic instability caused by the post-election political deadlock. He proposed revising the defense budget, re-evaluating subsidies, and adjusting tax policies, including VAT exemptions, to generate funds and reassure investors. Sharoni stressed that the country cannot wait for a new government to tackle these pressing financial issues.Economy · 16d ago · also in 7 newsroomsIsrael Gas Prices to Drop Briefly Before Potential SurgeIsraeli drivers will see a temporary drop in gasoline prices on November 1st, with 95-octane fuel decreasing to 7.35 shekels per liter. However, this relief is expected to end by November 5th when a temporary tax reduction expires. If not extended by Finance Minister Bezalel Smotrich, prices could surge to 8.35 shekels per liter, costing consumers significantly more.Economy · 16d ago · also in 1 newsroomIsraeli Insurance Company to Refund 29 Million Shekels to CustomersClal Insurance will refund approximately 29 million shekels to thousands of Israeli customers for unclaimed insurance payouts, following a Tel Aviv court's approval of a class-action settlement. The company's practice of sending checks via mail led to many uncashed payments. Customers have 120 days to update their banking details to receive their funds, with specific provisions for unclaimed amounts and compensation for the lawsuit's initiator and their lawyer.Economy · 16d ago · also in 2 newsroomsIsrael Fuel Prices Set to Drop, But Tax Break Expiry LoomsGasoline prices in Israel will drop to 7.35 shekels per liter starting Sunday, but a looming expiration of a temporary tax reduction on November 5 could cause prices to rise by 1 shekel. The Finance Ministry opposes further tax breaks due to budget concerns. The government previously subsidized fuel costs to keep prices down before elections.Economy · 16d ago · also in 1 newsroomIsraeli Political Stalemate Threatens Billions in Defense and Tech FundingIsrael's political uncertainty following elections is jeopardizing billions in funding for defense, technology, and state programs. The lack of an approved budget risks a transition to temporary financing, hindering new initiatives and potentially delaying crucial reforms like digital VAT and international corporate tax measures. Defense needs an additional 40 billion shekels, with only 15 billion secured, while tech investments and long-term arms deals also face funding challenges. The situation could significantly impact Israel's ability to finance strategic tasks.Economy · 16d ago · also in 2 newsroomsIsrael to Overhaul Home Internet Market, Cut PricesIsrael's Ministry of Communications is initiating a reform to lower home internet prices and simplify switching providers. The ministry is collecting data from ISPs to identify "sleeping clients" overpaying for outdated plans. The reform aims to reduce monthly bills to 80 shekels or less and will introduce universal routers and a "one-stop-shop" system for easier provider changes.Economy · 16d agoIsraeli Economy Remains Resilient Despite Political Deadlock, Expert SaysDespite a political deadlock following recent elections, Israel's economy remains resilient, according to expert Dr. Eli Goldstein. Financial markets reacted negatively, with stock indices falling and the shekel weakening against the dollar and euro. However, Goldstein stated that fundamental economic strengths like high-tech investment and strong exports will sustain the economy. He noted that Israeli businesses are accustomed to political instability and continue to operate. Political stability could further boost investor confidence, but its absence does not halt economic activity.Economy · 17d ago · also in 3 newsroomsIsraelis Set New Spending Record on Election DayIsraelis spent a record 1.752 billion shekels on cashless purchases on election day, October 27, a 30.2% increase from the previous election day in 2022. The holiday was marked by significant spending on shopping, dining, and entertainment, with grocery stores, restaurants, and clothing retailers seeing substantial boosts. While overall spending broke records, online sales in electronics dropped, and food delivery demand decreased.