Full coverage· Economy· Updated
Israeli Economist Develops Calculator for Sanctions Impact
An Israeli economist, Dr. Peleg Samuels, has launched a calculator allowing Israelis to estimate the financial impact of potential economic sanctions.
2 newsrooms · 2 languages · since
Plus
What happened
- 01An Israeli economist developed a calculator to estimate the financial impact of sanctions on households.
- 02The calculator models three scenarios, with potential monthly losses ranging from 250 to 16,000 shekels.
- 03Severe sanctions could lead to a 33% increase in unemployment risk and significant pension fund losses.
- 04Increased mortgage payments are also factored into the potential financial strain.
- 05The tool aims to highlight the importance of avoiding sanctions, especially on the banking system.
The tool models three scenarios, showing potential monthly losses ranging from hundreds to thousands of shekels for hypothetical families, depending on the severity of sanctions. The calculator also considers increased mortgage payments and potential job losses, particularly in the tech sector, and was developed in response to Prime Minister Netanyahu's remarks about cryptocurrency adoption.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- Centre1
- RightNone
- HarediNone
- ArabNone
- Other1
How it broke
See which of the 2 newsrooms broke it, and who waited
