A stronger shekel has become a pressing problem for Americans building lives in Israel
Dollars aren't going as far as they used to, squeezing both immigrants and nonprofits depending on U.S. giving
Shekel
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Fast Forward Ultra-Orthodox Rabbi: Don’t Look At 50-Shekel Bill Showing Intermarried Man
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…
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Fast Forward Intel Pays Israel Tax On Mobileye Deal In Dollars To Keep Shekel Down
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…
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Fast Forward Strong Shekel Spurs Israelis To Vacation Abroad
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…
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Fast Forward Israel’s All-Male Banknotes Updated to Include Two Female Poets
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),…
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Fast Forward WATCH: Donald Trump Backer Accuses Press of Selling Out ‘for a Few Shekels’
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…
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Fast Forward Plunging Shekel Could Boost Israel Economy Amid Election Uncertainty
(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…
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Fast Forward Israeli Banknotes All Feature Ashkenazi Jews
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…
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