By Gil Tanenbaum On Monday, March 15th, 2021

Goldman Sachs Sees 8% U.S. Growth In 2021

Great news from Goldman Sachs for America. The vaunted financial firm is forecasting as much as 8% growth for the U.S. economy this year, 2021, reports AXIOS. This is up from a previous estimate of just 6.8% More...

By Gil Tanenbaum On Monday, January 18th, 2021

Goldman Sachs Raises US GDP Forecast for 2021 to 6.6% on Biden’s $1.9 Trillion Stimulus Package

Investment firm Goldman Sachs is high on America’s economic growth under its new President Joseph Biden. The firm has raised its already rosy forecast for 2021 up to a 6.6% expected growth rate, reports Business More...

By Gil Tanenbaum On Thursday, September 10th, 2020

Black Market Israel Rises In Coronavirus World

Israel’s Shadow Economy – better known as the Black Market – is growing as a result of economic contraction caused by the worldwide Covid-19 pandemic. This according to a new study just released by Israel’s More...

By Jewish Business News On Wednesday, September 9th, 2020

Israel State Budget Triples To $26 Billion

The budget of the State of Israel for the year 2020 will triple its 2019 mark, reaching NIS 87.5 billion ($26 billion.) According to Reuters, the deficit could reach as high as 14.5% of Israel’s gross domestic More...

By Jewish Business News On Tuesday, August 11th, 2020

UPS Shows Interest in Israel Postal Company Privatization

The Government Companies Authority plans to privatize the Israel Postal Company which was halted due to Israel’s repeated elections and the delay in forming a government. Now, The Israel Postal plans to sell More...

By Jewish Business News On Wednesday, August 5th, 2020

Lebanon: A Country in Economic Crisis

Even before the devastating blast in its capital city Beirut yesterday, Lebanon was a country in crisis on a number of fronts. The explosion in the port area of the city has claimed the lives of at least 100 More...

By Alan Gallindoss On Monday, July 13th, 2020

Minister Steinitz: Israel must impose 10-day lockdown to fight coronavirus

Infrastructure and Energy Minister Yuval Steinitz (Likud) on Monday called on the government to impose a new 10-day nationwide lockdown to break off the rapid spread of COVID-19. In an interview Monday morning More...

By Jewish Business News On Wednesday, July 8th, 2020

Coronavirus: Industries with the Highest Rate of Unemployment

The national unemployment rate in the U.S. has fallen over the past two months from heights not seen since the Great Depression. Unemployment went down from 14.7 percent in April to 13.3 percent in May, and More...

Netanyahu , coronavirus , COVID-19
By Jewish Business News On Thursday, April 30th, 2020

Approximately 2.5 Million Israelis Believe They Will not survive the economic crisis

The Ministry of Finance receives the lowest level of trust among state institutions The level of trust in the Ministry of Health is growing stronger 54% of the responders feel that the new reliefs in restrictions More...

By Jewish Business News On Wednesday, March 11th, 2020

Coronavirus: Head of Largest Union Warns ‘Israel Economy on the Brink of a Yom Kippur”

Histadrut labor federation chairman Arnon Bar-David (photo credit Histadrut) Amid the crisis of the novel coronavirus, the leader of Israel’s trade union on Tuesday warned: “If the prime minister does not More...

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