Galit Altstein

As Israel's war on Hamas in Gaza has grown increasingly controversial, arms suppliers including Italy, Spain and Canada have all halted sales. Yet that mattered little while the US persisted with shipments.

Jordan Fabian and Galit Altstein | Bloomberg News (TNS) The U.S. paused a shipment of bombs to Israel over concerns about a potential military

Israel has racked up a bill of 60 billion shekels ($16 billion) after seven months of war, leaving its budget deficit on a path to blow past this year's target absent government action to stabilize finances.

Israel has racked up a bill of 60 billion shekels ($16 billion) after seven months of war, leaving its budget deficit on a path to blow past this year’s target absent government action to stabilize finances.

Facebook Twitter WhatsApp SMS Email Print Copy article link Save

First-quarter GDP grew over 14% in seasonally-adjusted terms Economic momentum still hinges on course of war against Hamas

Israel’s economy rebounded at a pace seen only after the coronavirus pandemic, as investment, consumption and government spending powered an upswing that partly offset the shock of more than seven months of war.

Israeli Prime Minister Benjamin Netanyahu 's two war-cabinet partners are openly challenging his indecision over postwar Gaza — even siding with the US in pushing for Palestinian rule of the devastated coastal strip.

Israeli Prime Minister Benjamin Netanyahu’s two war-cabinet partners are openly challenging his indecision over postwar Gaza — even siding with the US in pushing for Palestinian rule of the devastated coastal strip.

(Bloomberg) -- Israel's economy rebounded at a pace seen only after the coronavirus pandemic, as investment and consumption powered an upswing that partly offset the shock of more than seven months of war.