Price of Eggs Going Up, Large Pasta Recall Announced
The Food Service division of the Israeli Health Ministry ordered the affected products immediately be taken off the shelves.
Hebrew U Startup’s Viroblock Effective Against Covid Variants, Influenza, Zika, West Nile, Hepatitis
ViroBlock’s new technology platform demonstrated the potential to rapidly provide solutions for treating current and emerging viral threats.
Israel, Boeing Ink Civil Aviation Cyber Defense Deal
The agreement is part of a strategic plan of the Array and the Civil Aviation Authority (RTA) to promote cyber defense capabilities in civil aviation.
Bank of Israel to Raise Interest Rate to 1.25 percent
Inflation in Israel is above the upper bound of the target range, at 4.1 percent over the past 12 months. The Bank of Israel predicts the GDP will grow by 5 percent in 2022 and by 3.5 percent in 2023.
NY Gov. Hochul Signs Law Restoring Business Access to Low-Cost Workers’ Compensation Coverage
The new law gives more than 3,700 New York businesses with an unpaid balance the opportunity to return to NY State Insurance Fund coverage.
Elbit Systems Closes Asia-Pacific Deals for a Total $768M
Elbit Systems is engaged in networked warfare programs in several countries, among them Switzerland, Israel, the UK, Sweden, Canada and others.
Israeli Electricity & Water Charges Next to Rise
By Friday morning, Israelis will be paying more for gasoline, electricity, water and dairy products.
Israeli Gasoline Prices Rise July 1, Fourth Time in Six Months
The cost of gasoline has risen by a whopping 20 percent in the past 12 months.
Israel to Raise Price of Milk, Abolish Customs on Hard Cheese
The price of regulated dairy products will rise by 4.9 percent, rather than by 14 percent, and will not change again for at least a year.
Israeli Startup ‘UVeye’ Collaborates with General Motors
UVeye’s drive-through systems can detect within seconds any external or mechanical flaw and identify anomalies, modifications or foreign objects under and around a vehicle.
Cabinet Committee to Pursue Entry of Retail Chains to Israel
The reform is designed to allow easier entry of imported products to the Israeli economy and expand the circle of new and veteran importers and retailers.
Knesset Economic Committee Head Urges Mortgage Pilot Program as Home Prices Soar
The current minimum down payment requirement of 25% dates from 2012 and isn’t appropriate for today’s home prices, says MK Michael Biton.
Israel’s Economy is Shrinking
Last month, the Bank’s Monetary Committee raised the interest rate to 0.75 percent.
Unilever Sued by Shareholder Over Ben & Jerrys Boycott
The lawsuit accuses Unilever of silence prior to the announcement that Ben & Jerry's would cease sales in Judea and Samaria, knowing the news could prompt states to divest from the firm, dropping its value.
Report: Israel 4th in Absorbing Migrating Millionaires, Behind Singapore, Australia, UAE, Ahead of US
The biggest loser in terms of holding on to its flocks of millionaires is Russia.
Fed Raises Rates by 0.75 of a Percentage Point
The increase represents the largest interest rate hike since 1994.
IWI Introduces ‘Masada Slim’ Weapon
The IWI MASADA Slim is a micro compact 9mm polymer framed striker-fired pistol that features a built-in trigger safety.
Israel to Export Natural Gas to European Union, Through Egypt
This signing of the MOU is “another step on the way to Israel’s positioning as a natural gas power.” the Ministry of Energy stated.
Israel Introduces Unmanned Robotic Combat Vehicle at Eurosatory Exhibition
The system was developed as part of the autonomous battlefield concept.
New Israeli Radar Can Simultaneously Detect and Track ‘Thousands’ of Targets
It is believed that Israel will need to defend its people against large, repeated, simultaneous barrages of missile fire in the next war with Hezbollah.
The 200th Wing for F-35 Produced in Israel Transferred to Lockheed Martin
There are only three factories in the world – in Israel, Italy, and the US.
Israel Reassures Lebanon Rig Will Not Pump Gas from Disputed Territory
"Locating gas-based energy sources can greatly assist Lebanon’s economy and its citizens, and it is in the interest of the State of Lebanon to advance the dialogue on this matter."
Knesset Committee Told Israel Needs ‘Food Security Law’
Health Ministry official: "Healthy food is not a luxury and harmful food mainly hurts the underprivileged populations."
Original Gerber Baby Ann Turner Cook Dead at 95
The family's neighbor, the artist Dorothy Hope Smith, did a charcoal drawing of Ann when she was a baby.
Major Jewish Donor Added to Board of Ben & Jerry’s Parent Company, Unilever
Trian Fund Management LP, an investment firm of billionaire Nelson Peltz, acquired a 1.5% stake in the company for $1.6 billion this year.
Israelis Flock to Buy Electric Cars with Increased Demand on the Horizon
The rise came despite a 12% drop in car deliveries this year due to supply chain problems.
Green Energy Plan for Jerusalem Involves Natural Gas
Green steps in the plan include infrastructure development to utilize renewable energy, with charging points for electric vehicles.
Energy Minister Cancels Decision to Cancel Natural Gas Exploration
Energy companies will launch a fourth exploration for natural gas in Israel's Mediterranean territorial waters.
Israel to Sign Free Trade Agreement with UAE
Prices will drop significantly in the agricultural sector, for cosmetics, food, medical equipment and medicine.
Gasoline Prices Rising Again in Israel
The maximum price for a liter of unleaded 95-octane gasoline at a self-service pump (including VAT) will be NIS 7.72 -- about $9 a gallon.