Macro economics

Macro economics

  
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1

Leumi sees 7.5-8% unemployment in 2013

Macro economics
  The bank sees the unemployment rate rising despite economic growth.
  Guy Katsovich 03/05/2012
 Despite economic growth and the rise in the number of people in jobs, the unemployment rate in Israel will rise to an average of 7.3% in 2012 and will reach 7.5-8% in 2013, according to an economic ...
2

Fischer: We don't want home prices to fall sharply

Macro economics
  The Governor of the Bank of Israel told the Knesset Finance Committee today that the real estate market was at a sensitive stage.
  Adrian Filut 02/05/2012
 Governor of the Bank of Israel Stanley Fischer acknowledged for the first time today that the Bank of Israel was starting to prepare for the possibility that at least one country will leave the euro "...
3

Unemployment on the rise

Macro economics
  The rate for March was 6.9%, compared with 6.5% in February, but Israel's labor force has also expanded.
  30/04/2012
 The unemployment rate in Israel rose significantly in March, to 6.9% of the labor force, compared with 6.5% in February, the Central Bureau of Statistics reported today. This represents 246 thousand ...
4

"The market won't allow election economics"

Macro economics
  With talk of early elections, "Globes" spoke to leading experts about the implications for the Israeli economy.
  Adrian Filut 29/04/2012
 There is growing talk of bringing Knesset elections forward to the final quarter of 2012 instead of in 2013, but is this good news for the economy? Prof. Momi Dahan, head of the Federmann School of ...
5

Leumi chairman fears credit crunch

Macro economics
  David Brodet's estimates will result in a credit shortfall of NIS 16 billion a year.
  Eran Peer 29/04/2012
 "A credit crunch appears less serious than what we saw a few months ago, following the Bank of Israel's clarifications on capital adequacy, but the problem has not gone away," said Bank Leumi (TASE: ...
6

Israelis happier but more dissatisfied than OECD peers

Macro economics
  Finance Ministry research also finds Israelis work longer hours and have less free time than their OECD counterparts.
  Adrian Filut 24/04/2012
 The average Israeli is dissatisfied with his home, lacks free time and works long hours, does not trust others, is politically uninvolved, has negative attitudes, and believes that life in Israel is ...
7

Cabinet approves Concentration C'ttee recommendations

Macro economics
  Prime Minister Benjamin Netanyahu: Today's cabinet decision is another step toward lowering the cost of living.
  Lilach Weissman 22/04/2012
 The cabinet approved the recommendations of the Committee on Concentration in the Economy at today's meeting. The vote was unanimous. The cabinet instructed Prime Minister Benjamin Netanyahu, Minister...
8

Netanyahu: We want food prices to fall

Macro economics
  "Cutting prices is achieved by increasing competition," Prime Minister Benjamin Netanyahu told today's cabinet meeting.
  Lilach Weissman 22/04/2012
 "I am submitting to the cabinet the recommendations of the Committee on Concentration in the Economy. We want to increase competitiveness in the economy by reducing over-concentration, reducing or " ...
9

Fischer defends fiscal expansion

Macro economics
  Stanley Fischer: Maintaining an expansionary fiscal policy without an exit strategy has not raised long-term real interest rates or cut off the recovery.
  Globes' correspondent 19/04/2012
 Fiscal expansion is the dog that hasn’t barked, said Governor of the Bank of Israel Prof. Stanley Fischer in his speech on "Fiscal Policy and the Great Recession," at the 2012 Spring Meeting of the ...
10

Fischer: Poverty and bureaucracy plague Israel

Macro economics
  Speaking at Bar Ilan University, Stanley Fischer slammed Israel's growing poverty and failure to improve bureaucracy.
  Globes' correspondent 18/04/2012
 "There is always room for worrying about the economy, especially in the contemporary global economy, Governor of the Bank of Israel Prof. Stanley Fischer said at the "Global uncertainty and Israel's "...

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