Israel raised interest rates to their highest level since 2008 and signaled they'll remain elevated for some time, leading global central banks expected to ...
In first call with Eli Cohen, secretary also discusses American commitment to Israel's security, Abraham Accords and Iran nuclear threat.
He thanked Blinken for the Biden administration’s opposition to last week’s vote mandating the ICJ craft an opinion on the legal status of Israel’s “occupation.” Sign in to stop seeing this](//crm.timesofisrael.com/sign-in) Netanyahu’s Likud party has also agreed in principle with the far-right Religious Zionism faction to work to annex large parts of the West Bank. If so, please join The Times of Israel Community. Netanyahu’s right-religious coalition has agreed to expand Israeli settlements in the West Bank and legalize dozens of wildcat outposts. The United States has repeatedly stressed this position before and after Prime Minister Benjamin Netanyahu’s government was sworn in last week.
Bank of Israel Governor Amir Yaron says monetary policy was already 'restrictive' but expressed concerns over inflation.
“It is important that the new government acts with the necessary responsibility with regard to fiscal policy” and on public sector wage agreements, he said. Yaron cautioned against a spike in the deficit and debt burden. “I believe that interest rates in general will have to remain at a high level.” In April, policy makers began raising the rate from 0.1 per cent and have been aggressive during a front-loading process, but most analysts believe the tightening cycle is close to over. Bank of Israel Governor Amir Yaron said monetary policy was already “restrictive” but expressed concerns over inflation, even though it is lower than in much of the West. “We won’t hesitate to raise rates further,” Mr.
Je suis venu parler à Yasser Abu Markhiya des attaques contre sa maison à Hébron, mais il a fini par se tordre de douleur sur le sol du jardin de sa maison ...
Le message de ce dernier, dit-elle, est que les Palestiniens sont "tous des ennemis". Issa Amro est un militant bien connu et le fondateur de l'organisation Youth Against Settlements, qui organise des visites guidées d'Hébron. Ils se sentent donc très confiants pour dire toutes ces choses et agir de la sorte", ajoute-t-il. Les militants pacifistes israéliens sont venus manifester leur solidarité avec les Palestiniens après une quinzaine de jours d'escalade de la violence et d'intimidation. que tout le monde voulait me tuer et que chaque Palestinien est une menace." L'armée israélienne les qualifie de zones "stériles" nécessaires à la sécurité. Cette année, à Hébron, deux Palestiniens, dont un garçon de 16 ans, ont été abattus par les forces israéliennes lors de manifestations dans la ville, et deux autres lors d'attaques présumées au couteau contre les forces israéliennes. Elle a alimenté une vive polémique en Israël, les nationalistes estimant que les dirigeants militaires cédaient à la pression libérale pour punir les défenseurs du pays. J'ai vu les tensions monter dans la ville, alors que les colons se heurtaient aux militants anti-occupation. Hébron est une ville de points de contrôle et un point chaud de conflit et d'occupation. Les colons avec des pierres !" "Les colons attaquent avec des pierres !
Israel-Russia ties expanded significantly under the last Netanyahu government, with both Russian President Vladimir Putin and the Israeli leader boasting of ...
But Russia has not intervened to stop Israel's attacks, which have caused significant damage to military infrastructure and killed Syrian soldiers. [Negev](https://www.thenationalnews.com/mena/2022/03/28/israel-us-and-arab-foreign-ministers-hold-historic-meeting-in-negev/). [expanding the Abraham Accords](https://www.thenationalnews.com/world/us-news/2022/10/12/white-house-vows-to-extend-and-deepen-abraham-accords/). [their close friendship](https://www.thenationalnews.com/world/mena/israel-s-netanyahu-to-meet-putin-in-moscow-next-week-1.746857). [Russia and Ukraine](https://www.thenationalnews.com/world/uk-news/2023/01/01/ukrainian-and-russian-leaders-vow-to-secure-victory-in-new-year-speeches/), there is one thing that we will certainly be doing, and that is less talking about it in public,” Mr Cohen said during his first speech as [Foreign Minister](https://www.thenationalnews.com/mena/2022/12/30/who-is-leading-israels-new-hardline-government/) under returning Prime Minister Benjamin Netanyahu. [Ukraine](https://www.thenationalnews.com/tags/ukraine/) will continue, before a planned call with [Russia](https://www.thenationalnews.com/tags/russia/)'s Foreign Minister Sergey Lavrov.
Foreign Minister Eli Cohen has already spoken with US Ambassador Tom Nides and will speak with US Secretary of State Antony Blinken later today.
I can’t succeed without the employees and therefore I am committed to a just solution so that the dispute can be behind us,” Cohen said. The Foreign Ministry will return to initiating and leading.” Trade with Abraham Accord countries has already surpassed $10 billion a year, Cohen said. Cohen and Blinken spoke even though the US government offices were closed due to the New Year. [Cohen also promised to deepen ties with European countries](https://www.jpost.com/international/article-724573), which are also expected to clash with this government. [Israel’s relations with the US](https://www.jpost.com/diaspora/article-726196),” Cohen said.
Eli Cohen's Remarks Amid the Several Handover Ceremonies That Took Place on Monday, Transferring the Reins of Power From Yair Lapid's Government to the New ...
The ministry will act in genuine cooperation with the Arab community and strengthen Arab Israeli citizens' sense of belonging." At the handover ceremony there, outgoing minister Omer Bar-Lev said he had received death threats for speaking out against extremist settlers – prompting Ben-Gvir to add that he, too, had been intimidated by "Jewish anarchists." [Netanyahu’s government, the most right-wing in Israel’s history, takes office](/israel-news/2022-12-28/ty-article-live/far-right-finance-minister-will-also-be-in-charge-of-west-bank/00000185-5865-d6a2-adf5-79e5d1c50000) [Netanyahu appointed two fake foreign ministers. Cohen, however, refused to comment on the Ukrainian demand for defensive weapons from Israel. Later on Monday, Cohen spoke to U.S. relations," he said.
The Forecast for Economic Growth Has Lowered Slightly, and Interest Rates Expected to Cap at 4 Percent in a Year.
Expected economic growth has been lowered slightly for 2023, from 3 percent in the previous forecast to 2.8 percent in the new forecast. If the fiscal expansion is greater, inflation, the debt to GDP ratio, and yields in the capital market are expected to be higher than the predictions in the forecast.” Forecasts are for inflation to fall during 2023 to within the Bank of Israel’s inflation target range of 1 percent to 3 percent. But, the committee said components of the index have shown moderation, including in world oil prices based on global developments – and “inflation expectations for all ranges are within the target range.” At the same time, the central bank’s research department released a macroeconomic forecast for 2023 and 2024, updated from October. The increases are meant to curb inflation which reached an annual pace of 5.3 percent in November.
Central bank governor warns new government about budget demands in coalition deals, calls for responsible fiscal policy.
Central bank economists now expect the inflation rate to ease to 3% over the coming year, versus 2.5% forecasted in October, and move to 2% in 2024. “Although home prices continue to increase at a very high pace, data on building starts, permits, the number of transactions carried out, and new mortgage volume support a moderation in the market,” said Yaron. The economy is expected to grow at an annual rate of 2.8% in 2023, revised down from 3% forecasted in October, and by 3.5 percent in 2024. In its statement, the central bank noted that housing prices have increased at a significantly high rate in the past 12 months, surging 20.3%. Sign in to stop seeing this](//crm.timesofisrael.com/sign-in) “It is important to remember that the Israeli economy cannot take for granted the high regard from the rating entities and international financial institutions.” “In addition, the more entrenched inflation becomes, the harder it is to eradicate, and then ultimately the required interest rate will be even higher.” “It is important that the new government acts with the necessary responsibility with regard to fiscal policy, in particular regarding new expenditures that are not geared towards promoting sustainable growth.” “The labor market remains tight, although in recent months there has been some moderation in employment data.” The removal of the charges will cause an annual loss of NIS 1.2 billion ($340 million) in tax earnings for the treasury. The deals signed with far-right and Haredi partners are slated to increase welfare payouts for the ultra-Orthodox, whose employment rate is low. The central bank’s monetary committee decided to lift the benchmark rate to 3.75% from 3.25%, in line with most economists’ forecasts.
Governor of the Bank of Israel Prof. Amir Yaron warned that if the coalition agreements are implemented, infla.
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel raised its benchmark interest rate by half a point on Monday, and will likely .
"It is important that the new government acts with the necessary responsibility with regard to fiscal policy" and on public sector wage agreements, he said. "I believe that interest rates in general will have to remain at a high level." The central bank as expected lifted its key rate to a 14-year high of 3.75% from 3.25%. Bank of Israel Governor Amir Yaron said monetary policy was already "restrictive" but expressed concerns over inflation, even though it is lower than in much of the West. Speaking to reporters, he said the pace of hikes would continue to be data dependent. "We are determined to reduce the inflation rate and to return it to within the target range," Yaron said.
'The Israeli economy is recording strong economic activity, accompanied by a tight labor market and an increase in the inflation environment' - Click the ...
At the end of 2023, the interest rate is expected to be four percent. Additionally, the bank noted that housing prices have increased at a much higher rate over the past 12 months. The increased rates are an attempt to try to curb inflation - which remains at roughly 5.3 percent as of November,