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Top News In Srael 39s Economy Today - Breaking & Trending Today

Israel expects long war, sends some reservists home

Israel's military is adjusting its troop deployment in anticipation of a prolonged war in the Gaza Strip and is allowing some reservists to temporarily return to civilian life. "The objectives of the war require prolonged fighting, and we are preparing accordingly," Israel Defence Forces (IDG) spokesman Daniel Hagari said on Sunday evening. "We are wisely planning the management of the forces operating in the field, looking at the reserve system, the economy, refreshing forces, and continuing th ....

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Under fire, undermanned: Israel's wartime economy soldiers on

When rocket sirens echo on the factory floor of Rav-Bariach Industries, Israel's biggest maker of security doors, workers rush to take refuge in bomb shelters fitted with their own kit.Since war broke out, barrages of Hamas rockets and the response of Israel's "Iron Dome" anti-missile system punctuate the working day at Rav-Bariach, which produces heavy-duty locks and filtration systems, as well as security doors. ....

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Microsoft exec says Israel's tech sector could suffer from war with Hamas

A senior Microsoft Israel official expressed concern for the future of Israel's high tech sector due to the country's war with Islamist group Hamas, warning multinational companies may close research and development activities. Tomer Simon, chief scientist at Microsoft Israel's R&D Center, said he expressed his concerns in a letter to Tzachi Hanegbi, Israel's head of the National Security Council, but never received a reply. ....

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Backlog at Israeli ports grows as country steps up shipping supplies

The backlog of ships is growing at Israeli ports while operations continue at most terminals amid preparations by the military to launch a ground assault in the Hamas-controlled Gaza Strip, according to data and sources. Israel has vowed to annihilate Hamas in retaliation for a rampage in which its fighters stormed through Israeli towns a week ago, shooting civilians and seizing scores of hostages in the worst attack on civilians in Israel's history. Israel has faced heavy rocket barrages including in the south of the country, which has prompted the closure of Ashkelon port, which is the nearest terminal to Gaza. ....

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