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Steven Scheer

Markets regulators struggling to keep up with technology: SEC's Jackson

20 Jan 2020

RISHON LEZION, Israel The rapid growth of digital assets and computer-driven investment advice has become a key challenge for regulators in trying to keep up with technological advances while seeking to protect investors, a U.S. markets regulator said on Monday.

Israeli surveillance software lawsuit goes behind closed doors

16 Jan 2020

TEL AVIV An Israeli court on Thursday ordered closed-door hearings in Amnesty International's legal bid to stop NSO Group exporting surveillance software, which rights groups say is used to spy on journalists and dissidents worldwide.

Israeli court to hear Amnesty bid to revoke NSO export licence

14 Jan 2020

JERUSALEM Amnesty International will ask an Israeli court on Thursday to order Israel to revoke the export licence of NSO Group, whose software is alleged to have been used by governments to spy on journalists and dissidents.

Israeli Finance Minister Kahlon will not seek reelection

13 Jan 2020

JERUSALEM Israeli Finance Minister Moshe Kahlon will not run in a March parliamentary election but will keep his post until a successor is chosen, his spokesman said on Monday.

Israel's deficit to reach 4% without tax hikes, spending cuts: Finance Ministry

12 Jan 2020

JERUSALEM Israel's budget deficit is projected to be at least 4% of gross domestic product in the next few years if the government does not make tax and spending adjustments of tens of billions of shekels, the Finance Ministry said in a report on Sunday.

UPDATE 2-Israel's economy would have to deteriorate significantly before a rate cut -cenbank chief

09 Jan 2020

* Monetary policy should therefore be accommodative -Yaron (Adds Bank of Israel chief comments, updated forecasts)

Robust economy trumped security concerns in Israel bond issue -official

09 Jan 2020

JERUSALEM, Jan 9 The success of Israel's record $3 billion international debt offering was due to its strong economy, while the country's political stalemate and regional security problems were not a factor, a senior Finance Ministry official said on Thursday.

UPDATE 1-Israel raises $3 billion in record U.S. dollar bond issue

08 Jan 2020

JERUSALEM, Jan 8 Israel raised a record $3 billion in foreign debt on Wednesday in an offering that received huge demand from investors despite a year-long political stalemate and rising geopolitical tensions in the region.

Bank of Israel to keep rates steady as forex intervention preferred- Reuters Poll

08 Jan 2020

JERUSALEM Israel's central bank will likely hold the line on short- term interest rates for a ninth straight decision this week, after policymakers damped expectations of a near-term cut in favour of foreign exchange intervention.

Israel worried over tourism growth after reaching record 4.55 million in 2019

06 Jan 2020

JERUSALEM Israel received a record number of tourist visits in 2019 but growth could be slowed this year due to cuts in spending on advertising to promote the country as a destination, the tourism ministry said on Monday.

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