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Fiscal state deficit widens to 1 3%, exceeding government target

Figures show government spending has risen 9.4% since start of the year, while state income from taxes declined 4.3% year-on-year, led by sharp drop in real estate taxation

JPMorgan warns weakened shekel may be long-term trend as it decouples from US stocks

Leading US financial institution says it has 'a bearish bias' toward Israeli currency, warns 'political risk is likely to remain elevated' over government's judicial overhaul

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