Economics
Delayed budget submission may lead to automatic spending cuts
The government is expected to implement across-the-board cuts to all state budget items due to delays in presenting the 2024 budget to the Knesset.
Germany's defense budget could surge to 3.5%, says Boris Pistorius
Pistorius suggested that Germany could potentially increase its defense budget to 3-3.5% of GDP if necessary.
18 NATO states boost defense budgets to 2% of GDP
NATO Secretary General Jens Stoltenberg announced that 18 out of the alliance's 31 member states are set to increase their defense budgets to 2% of GDP in 2024.
Northern Israel evacuation costs reach 2.3 billion shekels
Since the start of the war, the state has evacuated 61,000 residents from settlements near the Lebanese border.
Minister of Communications approves Starlink satellite Internet in Israel
Communications Minister, Shlomo Karhi, has greenlit Elon Musk's Starlink to offer satellite Internet services in Israel.
U.S. Senate passes $95 billion aid bill for Ukraine, Israel, and Taiwan
Republican hardliners are going to oppose the passage of the bill through the House of Representatives
Israel considers abolishing total loss insurance principle
Experts from the Capital, Insurance, and Pensions Authority recommend abolishing the "total loss" principle in Israel's auto insurance system.