Economics

Syria to revalue currency, dropping two zeros in bid for stability, sources say

The Syrian pound has lost more than 99% of its value since war erupted in 2011, with the exchange rate now at around 10,000 pounds to the US dollar, compared to 50 before the war.

 Syrian currency is traded from the back of a car on the streets of Damascus, April 15, 2025
KPMG’s Millennium Tower in Tel Aviv.

KPMG acquires Israeli tech company Q.V. in million-NIS bid to strengthen competitive advantage

Hamas terrorists carrying clubs and firearms secure humanitarian aid trucks in the northern Gaza area of Jabaliya on June 25, 2025.

How much will Gaza occupation cost Israel? Expert weighs in

A women uses an iPhone mobile device as she passes a lighted Apple logo at the Apple store at Grand Central Terminal in New York City, April 14, 2023; illustrative.

Apple to pledge $100 billion for US manufacturing, White House official says


Grapevine, July 11, 2025: When the writer becomes the story

Movers and shakers in Israeli society.

 JERUSALEM POST Editor-in-Chief Zvika Klein, who is one of a handful of Israeli journalists who have more than once been among the recipients of B’nai B’rith journalism awards, is interviewed by Yuna Leibzon.

Anti-regime hackers infiltrate Iran's banking system

Tapandegan urged the public to withdraw their money from the regime's banks, stating that "the banking system no longer has any security" in a social media post claiming the cyber attack.

 An illustration of a cyber hacker and the Iranian flag.

Israel’s cost of living crisis is reaching a breaking point - opinion

Abandoning the vulnerable and middle class, Israel’s cost crisis deepens.

 MILK ON the shelves of a supermarket in Jerusalem, 2025.

Syria looks to rebuild as Damascus hosts major trade exhibitions

The Damascus fairs mark the country’s largest economic event in years, and a cautious appeal to international investors.

 A trade fair at the Damascus International Fairgrounds.

Beyond the safety net: Embracing personal responsibility - opinion

A free market cannot exist without an informed consumer. But in Israel, parts of the public are not even required to learn basic core subjects.

THE WRITER addresses an annual Insurtech Israel event last December. A free economy is not charity; whoever does not contribute to the public coffers cannot demand from it, she argues.

It's time to make Israel great for business again - opinion

Israel has already lost too many Israeli-born and immigrant entrepreneurs and their businesses to friendlier shores like Delaware and Texas.

THE WRITER speaks at a tech conference. Israel has already lost too many Israeli-born and immigrant entrepreneurs and their businesses to friendlier shores, she laments.

Bank Hapoalim announces relief packages as Israel's economic uncertainty deepens

Bank Hapoalim introduced grants and benefits for reservists, students, displaced citizens, and mortgage holders as part of an economic relief initiative.

Bank Hapoalim

‘US no longer a reliable partner’: Canadian PM notes US relations to not be as 'close'

Canadian Prime Minister Mark Carney said the government would ensure that small businesses are not impacted by the change in trade relations.

 Canada's Prime Minister-designate Mark Carney arrives on Parliament Hill, after being elected leader of the Liberal Party the previous day, in Ottawa, Ontario, Canada March 10, 2025.

Diplomat Group CEO: 'We are creating competition for local manufacturing giants'

Yaron Bloom, CEO of the Diplomat Group, participated in the Maariv and Walla 2025 Economic Conference, where he also addressed the "What's Good for Europe is Good for Israel" reform.

 Yaron Bloom, CEO of the Diplomat Group

Daniel Kahneman, Israeli-American Nobel Prize winner, died last year by assisted suicide

"I have believed since I was a teenager that the miseries and indignities of the last years of life are superfluous," he wrote in an email.

 Daniel Kahneman.

Zim ends 2024 with $2.15 billion profit, beating analyst expectations

Zim’s strong financial performance was driven by rising freight rates and increased demand.

 A truck transports a Zim container just outside Israel's port of Ashdod February 23, 2012. Zim, Israel's biggest shipping company, had to reach a debt settlement with its bond holders after they were hit by a downturn in the global shipping industry.