28, Feburary 2020
On Monday, March 2, Israel will hold its third general election within the last twelve months – because in both previous ones, held in April and September 2019 – no party leader was able to win the support of 61 out of the 120 Members of the Knesset (MKs).
28, Feburary 2020
19 TH FEBRUARY, 2020
Bottom line: The economy is stable and nothing remarkable happened in the fourth quarter. Growth in the period July 2018-December 2019 was around the level of 3.5%, driven by rapid consumption growth – fueled by both higher wages and increasing debt – and by services exports.
January 12, 2020
This issue is probably the longest I’ve ever written. Its sole focus is regional geo-politics, covering the developments in recent days as well as those of recent months, and also those I expect to take place in the coming months. Yet, despite its length, there is no coverage of Syria – with all due disrespect to Assad, Putin, Trump and Erdogan and due sympathy for the Kurds, this is an Israel-centred newsletter and there have been no important developments in Syria that impact directly on Israel. The same holds true for Libya, where important things are happening, but Israel is only very tangentially involved. Had there been nothing else to discuss, maybe I would have related to the Turkish operations in Syria, and in Libya, and much else – but that is hardly the case…
5TH JANUARY, 2020 Bottom line: The economy, as measured by GDP, grew by 3.3% in 2019 – similar to, if slightly less than, the previous two years. But only consumption is driving growth, with investment at a multi-year low and exports and imports both growing slowly. In 2019, the revaluation of the shekel gave real income growth an extra push, […]» Read more