Zum Thema: Economy

Where Has All the Butter Gone? 

Cookies and croissants eaters across Israel are suffering, as the butter shortage trudges on. Since the start of the year, barely any butter can be seen on supermarket shelves. Big companies like Tnuva and Strauss, the two largest domestic dairy producers, are under pressure, yet are in standstill until the government makes a move, providing… […]

Social Success Often Depends on Parents

 A parents’ level of education seems to have a serious impact on their children’s path towards social success. A recent study was released from the Central Bureau of Statistics in Israel showing that Israelis born to under-educated parents are less likely to develop within the ranks of society. The report shows that people over 30… […]

Plastic Free is the Way to Be in Business

Big business is finally buying in to the fact that consumers care about the environment – and they should too. Big name companies are making changes to their internal processes to support more sustainable structures, and also, their consumer market. IKEA Israel has announced their removal of one-time plastic use items, in their store and… […]

Plastic Free is the Way to Be in Business

Big business is finally buying in to the fact that consumers care about the environment – and they should too. Big name companies are making changes to their internal processes to support more sustainable structures, and also, their consumer market. IKEA Israel has announced their removal of one-time plastic use items, in their store and… […]

Breathing Poison; Air Pollution Increases by 28%

Our breathing air is getting increasingly toxic, found a recent report published by Israel’s Environmental Protection Ministry. The report states that landfill fires account for 60% of recognized carcinogen emissions. Those emissions are linked to cancer, and caused a 28% increase in air pollution in Israel. Of the 570 factories reported on in Israel, the… […]

Breathing Poison; Air Pollution Increases by 28%

Our breathing air is getting increasingly toxic, found a recent report published by Israel’s Environmental Protection Ministry. The report states that landfill fires account for 60% of recognized carcinogen emissions. Those emissions are linked to cancer, and caused a 28% increase in air pollution in Israel. Of the 570 factories reported on in Israel, the… […]

Israel’s Inevitable Budget Issues

The Israeli economy is growing, and its deficit is too. With rising expenses on a second election, tax increases, socioeconomic handouts, and increasing municipal salaries, Israel’s GDP has increased to 4%, despite an expected increase of only 2.9%. With the unknown future of the prime minister and its splay of governmental parties in stalemate, Israel’s… […]

Israel’s Inevitable Budget Issues

The Israeli economy is growing, and its deficit is too. With rising expenses on a second election, tax increases, socioeconomic handouts, and increasing municipal salaries, Israel’s GDP has increased to 4%, despite an expected increase of only 2.9%. With the unknown future of the prime minister and its splay of governmental parties in stalemate, Israel’s… […]

Israeli Doctors Don’t Want to Retire

Retirement might seem dreamy to those who work tirelessly in their professional careers; however, once the milestone is reached, some retirees see a different reality. A study conducted in Israel was recently published in Harefuah, which is the journal of the Israel Medical Association. They found that doctors find it challenging to kick their careers… […]

Israeli Election Firsts

Only twelve people have ever served as Prime Minister of Israel, which has recently held its 22nd election since its Declaration of Independence in 1948. In 1949, Israel ran its first National Assembly Election, where half a million voters and one thousand ballot stations were set up along the country. Not yet the Knesset until… […]

Solar Energy Center Inaugurated in Israel

The Ashalim Solar Energy Center, situated in the Negev desert, has been inaugurated, and will begin to work commercially to supply solar energy power to about 70,000 homes in Israel. The 988-acre plant is the size of Petach Tikva, or about 400 soccer fields. The large desert expanse is made up of 16,000 parabolic troughs… […]

Mindful Food Apps Hope to Change Consumption Mindset

About 2.5 million tons of food is wasted in Israel annually. While only half is considered rescuable, its value sits at about $2 billion dollars. With a clear gap in the market and a socio-economic need for change, a pair of cousins Elie Fischer and Laetitia Jessner were inspired to launch SpareEat. The Israeli developed… […]

Israeli National Healthcare Spending Up

The average country in the OECD index utilizes between 7.2% and 8.8% of their national budget on public healthcare. In 2018, the global OECD average spend was 8.8%, yet Israel remained well below at 7.6%. The numbers show that healthcare expenditure in Israel remains fairly stable since 2000, as it typically falls between 6.9% and… […]

Kibbutz Life Welcomes the Digital Nomad

The Israeli kibbutz has found its entry point into the startup nation’s ecosystem, and it promises WIFI. A staple of Israel culture, the first kibbutz in Degania was founded in 1910. It was built on principles of agriculture, teamwork and safety, and hundreds of shared communities spread across Israel following its pioneering footsteps. Today, mainstream… […]

Jerusalem of Traffic: Main Road Closes for Three Years

A main gateway to Jerusalem has been closed, and is expected to cause massive amounts of traffic congestion for at least three years. Ironically, the main road is being shut down to support construction of the Jerusalem Gateway Project, a 74-acre commercial center made of 1.5 million square meters of commercial space, including offices, 2,000… […]

Zencity Tech Brings Power to the Locals

What do the people want? This is the question that city management company Zencity, answers for any local authorities wanting to listen. While the saying goes that the revolution will not be televised, they never said anything about social media platforms like Facebook, Twitter and Instagram. Perhaps that’s just where the people’s revolution begins. The… […]

Supermarket Trends and Spends in Israel

If there’s one thing everyone in the Middle East can agree on, it’s a love of food. Recently, the Central Bureau of Statistics proved just how much, by running a report to show the metrics of food spending habits in Israel. After surveying over 9,000 Israelis, including Arabs and Jews, they found a few trends… […]

The Startup Nation Needs New Roads

In the past twenty years, the number of cars on the Israeli roads have more than doubled; however, the number of roads has only grown by 45%. Ultimately this means there are too many cars, and not enough roads. Traffic congestion is said to be causing Israel about 35 billion shekels annually. With the new… […]

Israel is World’s 5th Most Innovative Economy

In Bloomberg’s 2019 Innovation Index, Israel was named the 5th most innovative country in the world, making a notable jump from last year’s number ten spot. The number one spot is held by South Korea, who has held the position for the past six years, followed by Germany, Finland and Switzerland. The annual Bloomberg Innovation… […]

Israeli Medical Cannabis Approved for Export

Since the first study of THC in 1964 by Raphael Mechoulam, the cannabis market has come a long way. Israel, as a longtime pioneer leading cannabis research, continues to pave the way forward thanks to a recently approved law allowing medical grade cannabis to be manufactured and globally exported. The law is passed after a… […]