Economy

Basketball association to return half a million shekels to clubs

Management approved Amos Frishman's initiative. Every club will be credited for registered players, with funds transferred in coming weeks.

Chairman of the Israel Basketball Association, Amos Frishman.
US President Donald Trump speaks during the Republican National Midterm Convention at the American Airlines Center in Dallas, Texas on September 9, 2026.

Trump says he will grant a $5,000 dividend to all Americans if Republicans win midterms

Avi Simhon.

On the way to an Israeli AI crisis: Avi Simhon’s unusual warning

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

Dwindling oil revenue is driving Iran into deeper economic crisis - report


'Economic D-Day': Trump threatens economic warfare against countries aiding Iran

UAE suspending all trade activities, commercial exchanges and financial transactions with Iran following Trump statement • Trump promises 'economic warfare and isolation on an unprecedented scale'

US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, US, August 7, 2026

US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden

The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.

The US Department of the Treasury Building in Washington, DC, US, July 11, 2026.

Russia's Putin orders government to help rebuild warehouses destroyed in Ukrainian attacks

Putin said the economy was growing modestly despite external pressure, a reference to Western sanctions, and despite Ukrainian attacks on industrial and infrastructure facilities.

Smoke billows from a warehouse, after deadly Ukrainian drone attacks, as per regional governors, in Elektrostal, Moscow Region, Russia, July 18, 2026, in this screen grab obtained from a social media video.

The next US-Israel agreement should expand joint innovation - opinion

The 10-year memorandum of understanding between the United States and Israel, signed in 2016 and worth $38 billion, expires in 2028, and discussions about its successor are already underway.

An illustrative image of an Israeli flag in the center of various symbols representing innovation and technology.

Israelis continue flocking to malls: BIG's net profit surges 47%

BIG Shopping Centers posted a Q2 2026 net profit of NIS 366.3M with 100% mall occupancy as it expands operations across Israel and Europe.

BIG complex in Kiryat Gat.

From Haredi cities to the Sharon: Where was the sharpest spike in job seekers recorded?

A 24.4% surge in Haredi job seekers and summer teacher layoffs drove up July unemployment, alongside ongoing growth in higher socioeconomic clusters.

Employment Service, archive.

Mecca pact unites Saudi Arabia, Turkey, and Pakistan - but what does it mean? - opinion

The significance of the Mecca pact will depend less on the language of the agreement than on its implementation.

TURKISH PRESIDENT Recep Tayyip Erdogan shakes hands with Saudi Crown Prince Mohammed bin Salman, next to Pakistan’s Prime Minister Shehbaz Sharif, after signing a joint defense agreement in Mecca, on August 7, 2026.

What are Trump's options as he seeks to pile more economic pressure on Iran? - explainer

The US, ‌the UN, and the EU have applied sanctions, implemented trade embargoes, and frozen assets for decades over Iran's nuclear program and human rights violations.

US President Donald Trump listens to Treasury Secretary Scott Bessent speak ahead of the launch of Trump investment accounts in the Oval Office of the White House in Washington, DC, on July 6, 2026.

Viksit Bharat 2047: India’s roadmap to become a developed nation - opinion

While there is general agreement that the term Viksit Bharat denotes a developed country, it is still necessary for public policy purposes to break down the concept to know what it entails.

An Indian flag is pictured in the pocket of a police officer's uniform as he attends a rally in support of the Indian armed forces, following the ceasefire announcement between India and Pakistan, in New Delhi, India, May 13, 2025.

Leumi posts record Q2 profit of NIS 2.83 billion

Leumi was the only Israeli bank to boost half-year profits in 2026, reaching NIS 5.18 billion; FIBI board decides to merge computing unit MATAF amid labor dispute.

Bank Leumi.