Prico: Concerns about an escalation on the Syrian front and estimates that the budget deficit might rise above 8% and endanger Israel's credit rating have dragged the shekel-dollar exchange rate above NIS 3.70/$.
Prof. Amir Yaron told the Globes Business Conference that as well as defense spending, the 2024 budget must prioritize growth, infrastructure and education, including core studies.
The shekel is gaining strongly after the Bank of Israel left the interest rate unchanged at 4.5% on Monday despite the expectations of many that there would be a 0.25% cut.
US President Biden: Israel has not done enough to protect aid workers. IDF chief of staff Halevi: The strike was a mistake that followed a misidentification.
Contrary to a "The New York Times" report, Yossi Cohen told the Israel Business Conference that terror finance was always treated seriously, and he advocates an Arab coalition to take over the Gaza Strip.
The contract worth $37 million is to supply Iron Fist Active Protection Systems (APS) to General Dynamics for upgrades to the US Army's Bradley M2A4E1 Infantry Fighting Vehicles.
The US-based AI company, which plays in a prominent role in Ukraine's war with Russia, has an agreement with the Defense Ministry, but IDF military intelligence declined its services.
The company's technology aims to locate everything underground that could complicate construction, and remove obstacles that can be found before work begins.