Economic News
Back to Homepage
Currency Exchange Rates Against the Shekel on Sunday (February 1)
SadaNews - The exchange rates of currencies against the shekel today, Sunday (February 1), are as follows:
Apple Pays Two Billion Dollars to Acquire an Israeli Startup.. What's the Story?
SadaNews - The American company Apple has officially confirmed its acquisition of the startup "Q.ai" based in Tel Aviv, with the deal valued at approximately two billion dollars, making it the second-largest acquisition in Apple's history after the "Beats" deal in 2014.
What mak...
Gold and Silver... From Historical Peaks to Collapse
SadaNews Economy - At the beginning of this year, global markets witnessed a new chapter of violent fluctuations, as gold and silver surged to unprecedented record levels in human history, before crashing into the wall of the new "political reality" in Washington. While gold surpassed the $5,50...
Moody’s Changes Israel's Outlook from Negative to Stable
SadaNews Economy - Late on Friday, the credit rating agency Moody’s revised its outlook for Israel from "Negative" to "Stable," citing a noticeable decrease in its exposure to geopolitical risks from extremely high levels.
Israel, which has been engaged in a war in Gaza for over two years, reached...
Partial Financial Shutdown Begins in the United States with Anticipation of Quick Resoluti...
SadaNews Economy - The United States entered a partial financial shutdown at midnight Saturday (5:00 GMT), with anticipation of a quick resolution as the House of Representatives is set to vote on a related bill on Monday.
After three months of the longest government shutdown in U.S. history, this...
Currency Exchange Rates Against the Shekel (January 31)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (January 31), were as follows: -
- Dollar: 3.10
- Dinar: 4.38
- Euro: 3.68
Losses Devour a Third of Silver's Value While Gold Experiences Its Biggest Decline Since t...
SadaNews - The price of gold dropped by more than 10% to below $5,000 per ounce, exceeding the largest daily declines seen during the 2008 global financial crisis and marking its biggest daily drop since the early 1980s, while silver plunged over 30%, recording its largest daily decline ever, as the...
Gold Falls Amid Bets on Tightening Monetary Policy
SadaNews - Gold prices fell by more than 4 percent on Friday amid rising speculation that the next Federal Reserve Chair may adopt a more aggressive monetary approach. However, the precious metal is still on track to achieve its strongest monthly gains since 1980, driven by investors' demand for saf...
Revealing the Travel Costs of the Israeli Minister of Economy for 2025
SadaNews Economic Translation - On Friday, the costs of flights taken by Israeli Minister of Economy Nir Barkat abroad in 2025 were revealed.
According to the Hebrew newspaper Yediot Aharonot, as translated by SadaNews Economics, the cost of the trips amounted to 1.6 million shekels.
According...
Trump threatens to impose tariffs on any country selling oil to Cuba, will reveal his nomi...
SadaNews Economy - US President Donald Trump signed an executive order late Thursday night, imposing tariffs on any goods coming from countries that sell or supply oil to Cuba, in a move that exerts pressure on Mexico.
Mexican President Claudia Sheinbaum stated this week that her government has tem...
Currency Exchange Rates Against the Shekel (January 30)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (January 30), are as follows:
-Dollar: 3.08
-Dinar: 4.35
-Euro: 3.67
After rejecting Maliki.. What are Trump's economic cards to pressure Iraq?
SadaNews - "Trump puts Iraq in an extremely precarious economic position"..
Baghdad's calculations regarding the potential return of Nouri al-Maliki to the Iraqi government have turned 180 degrees after the U.S. president explicitly threatened Iraq that if Maliki, known for his inclinations towards...