Moshe Asher Photo: Eyal Yizhar Israel Tax Authority reintroduces voluntary disclosure

Ahead of the CRS agreement, the procedure enables Israelis to disclose unreported income without facing criminal proceedings.

Aryeh Deri photo: Shlomi Yosef Restrictive Saturday trading bill passes first reading

Under the "grocers bill", local authority bylaws on Saturday opening for stores will require the interior minister's consent. 

Ecoppia cleaning robot Photo: PR Solar panel cleaning co Ecoppia raises $13m

Investors include Harel Insurance, Swarth, GlenRock Capital, and Gandyr.

Moshe Kahlon  photo: Globes TV Kahlon cuts NIS 800m from purchase tax, customs duties

The cuts affect electrical goods, electronics, lighting, textiles, personal care, toys, and video games.

Poverty Photo: Tamar Matsafi If we're so rich, why are we so poor?

The paradox of Israel's apparently booming economy combined with poverty stems from the mechanism of so-called growth.

Prof. Michel Strawczynski BoI research chief warns against tax cuts

Bank of Israel Research Department director Michel Strawczynski says cuts will make it harder to meet deficit targets in future years.

Teva Photo: Tamar Matsafi Most Teva Israel layoffs expected at Petah Tikva HQ

As Teva workers await the axe, one tells "Globes" that he fears he will be shortchanged while outgoing CSO Michael Hayden gets $2.5 million by the end of 2018.

Bank of Israel  photo; Ariel Yeruzolimsky Israel's foreign exchange reserves hit record $112b

The foreign exchange reserves rose in November even though the Bank of Israel purchased no foreign currency.

Kare Schultz Photo: PR Teva mulls 10,000 layoffs - report

The planned cuts would save Teva $1.5-2 billion within two years, reports "Bloomberg."

IEC Israel Electric Company Electricity rates to fall 2.3% in January

The cut is less than the Electricity Authority projected in August.

New Bnei Brak housing project Photo: PR S&P Maalot: Housing market stagnation could depress prices

S&P Maalot nevertheless sees the medium-term trend as likely to be upwards.

Shekels Photo: Shutterstock Merrill Lynch sees weaker shekel in 2018

BofA Merrill Lynch also predicts growth of 3.2% in Israel in its Global Research Outlook for 2018.

poverty Israel's poverty remains worst in OECD

Poverty has eased among the elderly and Arabs, reports the National Insurance Institute, but more accurate data about Bedouin has raised the number of poor.

Weizmann Institute  Tamar Matsafi Weizmann Inst reaps huge pharma royalties

The Weizmann Institute has received NIS 8.5 billion in royalties over the past six years, "Globes" has found.

YES Planet Jerusalem Moshe Greidinger's Cineworld buys Regal for $3.6b

The merger will give Cineworld over 9,000 screens across Europe and the US.

Residential buildings in Bat Yam  photo: Eyal Izhar Treasury: Home purchases down over four quarters

Purchases were down 17% in the third quarter of 2017 compared with the corresponding quarter.  

Kahlon, Netanyahu  photo: Flash 90 3 things they're not telling you about cutting corporate taxation

The supposed benefits do not stand up to close inspection.

El Al El Al has no direction or purpose

Who really calls the shots at the Israeli carrier, and what time bomb is concealed in its balance sheet, asks Avishai Ovadia.

Benjamin Netanyahu Photo: Reuters Netanyahu: We'll cut taxes and regulation

Prime Minister Benjamin Netanyahu opened today's cabinet meeting by commenting on tax reform in the US.

Gaza border fence: Reuters Dispute halts flow of Palestinian workers

All crossings with the Gaza Strip, Judea, and Samaria are closed preventing entry to Israel of 70,000 Palestinians.

Moshe Kahlon  photo: Itzhak Harari Kahlon: We'll have to respond to US corporate tax cut

Minister of Finance Moshe Kahlon said he would need to assess the risk of companies moving from Israel to the US.

Shekels Photo: Shutterstock Meitav Dash: Shekel is too strong

Having gained 12% against the dollar over the past five years, 2018 might be the year in which the shekel changes direction, argues Meitav Dash chief economist Alex Zabezhinsky.  

Herzliya Marina Photo: Tamar Matsafi Israeli yacht owners appeal inclusion in "wealth tax"

The yacht owners say their boats were purchased for business purposes, not private use.

Wild boar Photo: Gil Caspi Israel's wild animals moving into the cities

Haifa Veterinary Services: People are feeding wolves, jackals and wild boar and the animals are getting used to it.

Benjamin Netanyahu  photo: Reuters The assault on clean government

The bill to neuter Israel's State Comptroller is the latest in a series of attacks on the state's watchdogs, observes Tal Schneider.

Dalton Conley Photo: PR "Genetic inequality is increasing"

Princeton University's Prof. Dalton Conley tells "Globes" that understanding the interaction between genetics and environment will start a social revolution.

Gambling Photo: Reuters Israel Tax Authority targets poker pros

The potential income of Israel's professional poker players varies from hundreds of thousands to millions of shekels a year.

Wind farm photo: Orly Ginnosar Galilee residents fear wind farms will dwarf landscape

Power plants and renewable energy farms are replacing agriculture throughout Israel.

ID Metal Works from Karmiel Photo: Courtesy ID Metal Works Cos face ruin as gov't wants investment grants repaid

ID Metal Works from Karmiel is among many Israeli companies that claim the government is dealing them a lethal blow.

Yaron Daniely Photo: Yonatan Bloom Yissum CEO seeks to connect academia and industry

Dr. Yaron Daniely reveals that Yissum gave Hebrew University over NIS 800 million in research funds, royalties, and shares over the past decade.

Israel Innovation Authority Photo: PR Israel to double number of high-tech employees

The Israel Innovation Authority's annual report includes an operational plan for doubling the proportion of high-tech employees in the workforce over the next decade. 

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