JERUSALEM (JTA) — A prominent haredi Orthodox Sephardic rabbi in Israel ruled that religious people should not look at the 50-shekel banknote because the poet featured on its front was married to a Christian woman. Rabbi Benzion Mutzafi reportedly made the ruling over the weekend concerning the bill showing Shaul Tchernichovsky, a renowned Hebrew poet who…
Israel sought to prevent the shekel rising further on Tuesday by agreeing to allow Intel Corp to pay the tax due on its planned purchase of Israeli autonomous vehicle technology firm Mobileye in dollars. Intel agreed to buy Mobileye for $15.3 billion in March in a deal which, if completed, is expected to result in…
Israel’s booming economy has made the shekel soar, local prices rise and travel fans compare what their money can buy and come to the conclusion – it’s time for a vacation abroad. A few years ago, the average Israeli family might have gone abroad once a year. But with the European Union now allowing budget…
Israeli banknotes will soon be graced with female faces of the Hebrew poetesses Rachel Bluwstein and Leah Goldberg. When the banknotes are released at end of this year they will be the only Israeli bills with women on them currently in circulation. Bluwstein, who will appear on the 20 shekel note (the equivalent of $5.30),…
Anti-Semitism has surfaced at Donald Trump rallies on too many occasions to think it’s a coincidence. The Republican candidate’s backers have shouted “Jew S. A.,” called the press the Nazi slur lügenpresse (lying press) and hoisted signs that appear to mock the Star of David. Jew-hatred popped up at another event for the Republican nominee…
(Reuters) — The collapse of Israel’s government will keep investors on edge at least until new elections are held in March, adding to the economic hit to tourism and growth from the July-August Gaza war. But amid the economic uncertainty and political turmoil, there are at least two silver linings, both of which could end…
Israel’s Cabinet authorized newly designed bank notes to be issued at the end of this year, despite concerns that all of the bills will feature Ashkenazi Jews. The personalities who will grace the new notes are Rachel the Poetess on the 20 shekel note, Shaul Tchernichovsky on the 50 shekel note, Leah Goldberg on the…
Israel’s shekel is at a 15-month high against the dollar, prompting speculation in the foreign exchange market that the Bank of Israel may intervene as it has in the past to protect the economy. But the shekel may have to strengthen quite a lot further and against a broader range of currencies to convince the…
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