Economics

Lawsuit filed with High Court against 'private' import of foreign construction workers

Kav Laoved and United for Human Rights have filed a lawsuit in the High Court, seeking to overturn the government's decision allowing private agencies to hire foreign workers in Israel.

Brussels Airlines and United Airlines to resume direct flights to Israel

United Airlines will become the first American carrier to resume service since the October 7 attack by Hamas terrorists on southern Israel

Israel has become the largest buyer of Azerbaijani oil

Baku revealed that in January 2024, Israel emerged as the top buyer of Azerbaijani oil, purchasing 523.5 thousand tons of oil, valued at $297 million.

Elbit Systems to supply armored vehicle systems to European customer in $300 million deal

Elbit Systems is the primary provider of the Israeli military's land-based equipment and unmanned aerial vehicles

Government to allocate 170 million NIS for Aliyah program

An allocation of 170 million NIS was approved to finance the "Af Al Pi Hen" Aliyah program.

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.