Economy

Netanyahu, Smotrich intervene to cut gas prices again after Israel reaches record high

The order reducing the fuel excise tax, which Smotrich signed on Sunday, lowered the price of a liter of gasoline from NIS 8.27 to NIS 7.77.

A general view of a sign displaying fuel prices at a gas station in central Israel, after fuel prices increased at midnight, October 1, 2026.
Syrian Foreign Minister Walid Muallem (3rd L) speaks with Chinese Foreign Minister Wang Yi (3rd R) during a meeting at Diaoyutai state guesthouse in Beijing on June 18, 2019.

China-Syria trade rises by hundreds of millions of dollars as China launches industrial investments

EcoPeace co-directors and EcoPeace Middle East co-director with German Ambassador Heusgen at UNSC

Could environmental cooperation help pave the way for a more stable Gaza? - opinion

An Iranian woman shops in a store in Tehran, Iran, April 28, 2026.

Iranians stagger under soaring cost of living after seven months of war with the US


OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices

The organization, which published its latest economic outlook under the title “Navigating Successive Shocks,” also lowered Turkey’s 2027 growth forecast to 3.6%.

Illustrative: Customers walk past a flag vendor as they shop at a bazaar in Istanbul on September 6, 2022.

OECD expects AI boom to help offset Middle East energy shock for now

In the OECD's baseline outlook, inflation in G20 economies was seen at 4.1% in 2026, up from 4.0% forecast in June.


The rise of free access models across digital platforms

From streaming and gaming to software and social media, free-access models are reshaping digital platforms by turning broad user adoption into advertising, data, and premium revenue.

Free access has evolved from a marketing tactic into a dominant digital business model, reshaping how consumers watch, play, read, and use online services.

Canada online: The digital industries powering a connected economy

From e-commerce and fintech to digital health, education and remote work, Canada’s online economy is transforming everyday life while making trust and security more important than ever.

“Canada’s growth is driven by strong, diverse industries.”

Housing costs top young Israelis’ election concerns, security trails far behind - poll

A new Israel 2050 survey published Wednesday night found that economic and social issues, led by housing affordability, top young voters' priorities ahead of the elections.

View of the Southern Israeli city of Beer Sheva, as it seen from Dudaim landfills, in southern Israel on January 22, 2022.

Afghans flee collapsing Iranian economy amid US conflict, returning to strict Taliban rule

Only 29% of Afghans who recently returned from Iran said they had any savings left after their average income fell by nearly one-third compared to pre-crisis levels.

Afghan nationals carrying their belongings walk after crossing the border from Iran at the Islam Qala border crossing in Herat province, Afghanistan, September 3, 2026.

US Federal Reserve hikes rates, sees more tightening in search of 'timelier' drop in inflation

The rate increase was announced less than two months before midterm elections that will determine whether Trump's Republicans retain control of Congress for the final two years of his presidency.

The Marriner S. Eccles Federal Reserve Board Building is seen under construction on August 13, 2026 in Washington, DC.

Renewed Middle East tensions send Brent Crude above $100

Brent crude tops $100 as renewed U.S.-Iran tensions disrupt the Strait of Hormuz, fueling inflation fears and putting fresh pressure on global markets.

 Model of petrol pump is seen in front of US and Iran flag colors in this illustration.

No. 8: Howard Lutnick: US Secretary of Commerce, and Trump’s tariff dealmaker-in-chief

A longtime Wall Street executive who co-chaired the Trump-Vance transition, Lutnick entered office as an outspoken advocate of the president’s tariff agenda.

Howard Lutnick

Mao Zedong, Israel and the road not taken - 50 years after leader’s death

Israel was the first Middle Eastern country to recognize Mao Zedong’s Communist China, and briefly came close to establishing full diplomatic relations.

The Israeli and Chinese flags fly beside the portrait of Mao Zedong at Tiananmen Gate in Beijing on May 8, 2013.