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Bernard Arnault is the wealthiest Jew in the world.
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In the four year period of 2018 – 2021, Israeli firms owned by foreign entities brought a total of $17 billion into the country...
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UBS – Union Bank Switzerland – one of the world’s most important banks released its Global Wealth Report for 2023 (the 2022 figures) and...
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International credit ratings agency Fitch reaffirmed Israel’s ‘A+’ sovereign credit rating while giving the country’s economy a “stable” outlook. However, the firm did have...
Business
Icahn Enterprises, Carl Icahn’s firm, saw its shares plummet after it announced a 50% cutback on dividends. It also reported a second-quarter revenue decline...
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The Bank of Israel on Wednesday issued a dire warning about the state of Israel’s economy, saying it has been harmed by the legislative...
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More firms expected to follow.
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Israel’s economy could be in big trouble now that the government of Prime Minister Benjamin Netanyahu succeeded in passing the first part of its...
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But the OECD also warned of negative consequences if planned judicial reforms move forward.