Israel has one of the highest poverty rates among its OECD counterparts according to a recent OECD Economic Survey. The report's findings depict rather depressive picture of Israel's economy future, the Startup Nation is losing its competitive touch on many fronts, demographic, economic and social. … [Read more...] about Israel has one the highest poverty rates among its OECD counterparts
economy
Poverty in the Land of Milk and Honey
From Israeli news and glossy magazines I'm getting an image of Israel as a booming technology powerhouse, "startup nation" bustling with entrepreneurial activity to rival Silicon Valley. Yet, when I look out of window I see much different picture, that of of hopeless poverty, weary poorly clothed people, shabby houses and dirty streets. These pictures were taken in the … [Read more...] about Poverty in the Land of Milk and Honey
Clouds over the Start-Up Nation: Israel’s Economy Grapples with Stagnation
Israel, the land of innovation and economic miracles, finds itself facing a new reality: an uphill battle to reignite growth. After years of impressive expansion, the once-booming economy is struggling to regain its momentum, weighed down by a confluence of internal and external challenges. The Shadow of Conflict: The recent war with Hamas has cast a long shadow over … [Read more...] about Clouds over the Start-Up Nation: Israel’s Economy Grapples with Stagnation
The Grim Reality of Income Support Challenges in Lishkat HaTaasuka
A Journalist Investigation into Lishkat Hataasuka's Dubious Practices Within the maze of bureaucratic intricacies that characterize the procedures of Lishkat HaTaasuka, the promise of income support for eligible claimants stands as a distant and often unattainable goal. The system, marred by its default denial approach and obscured procedures, presents insurmountable hurdles … [Read more...] about The Grim Reality of Income Support Challenges in Lishkat HaTaasuka
Israel’s national debt has been increasing in recent years
Israel's national debt has been increasing in recent years, largely due to increased government spending and reduced tax revenues. The COVID-19 pandemic has also had a significant impact on the economy, leading to further borrowing and increased national debt. According to the Bank of Israel, the country's national debt stood at approximately 73% of GDP as of the end of … [Read more...] about Israel’s national debt has been increasing in recent years