Your Taces: Israeli accounting bodies should shake up these matters

The Institute of Certified Public Accountants in Israel has just published a report on how to improve the regulation of the Israeli accounting profession. The undated report was prepared by the Public Expert Committee for Regulating the Israeli Accounting Profession. The Institute of CPAs report follows an accounting scandal in Australia in which a global […]

Continue Reading

7 Streams of Income of Millionaires (According to IRS)

In a remarkable feat of financial prowess, a 28-year-old individual has shattered traditional notions of wealth accumulation. By strategically harnessing the power of multiple income streams, this trailblazer has managed to generate an astounding $189,000 a year while working fewer than 4 days a week. As the rest of us marvel at their achievements, it’s […]

Continue Reading

The global economy is in a difficult place, World Bank chief says

The world economy is in a difficult place but it is not destined to stay there, World Bank President Ajay Banga said on Monday. The World Bank last month cut its 2024 forecast for global economic growth to 2.4% from 2.7% earlier, citing global monetary tightening. “The fact is that the world economy is in […]

Continue Reading

Are Bank of Israel’s counter-inflation measures paying off?

Israel’s Consumer Price Index (CPI) for June delivered a surprising outcome as it remained unchanged, contrary to the expected rise of 0.2%-0.3%. CPI is commonly used as an indicator of inflation, and this development reinforces the notion that recent efforts by the Bank of Israel to ease the country’s inflation are paying off, at least […]

Continue Reading

Can you live a comfortable life in Tel Aviv? This TikToker explains how

Thousands of people are embracing the exciting journey of aliyah (immigrating to Israel) and even amidst their enthusiasm, one burning question remains: Can you lead a comfortable life as a single person in Tel Aviv in 2023? Well, the answer has finally arrived, courtesy of TikToker @marcreator_, whose latest viral video has garnered over 375,000 […]

Continue Reading

The Road Ahead for Platform Gig Workers’ Financial Inclusion | Blog

Across emerging markets, millions of informal workers are joining gig ​work ​platforms in sectors like ride-hailing, deliveries, and home, personal, and office services. Amidst welcome scrutiny on their working conditions, gig platforms will likely become a significant source of earnings for low-income segments globally.  Workers joining platforms in emerging markets are stepping into digitized, formal […]

Continue Reading

Israel launches privatization of revamped postal service

Israel on Tuesday put its postal service on the block after completing a recovery and financial stabilization process and formulating a strategic plan for the coming years. The state’s privatization agency said it would sell 100% of Israel Post Co. to an investor or group of investors. Bids are due by September and the winning […]

Continue Reading

Is the Bank of Israel alone in fighting inflation?

Following the Bank of Israel’s decision not to raise its key interest rate on Monday, there is a question as to whether or not any government bodies are working to mitigate the country’s inflation. While that responsibility typically falls to both parties, some experts fear that the current government is too preoccupied with pursuing its […]

Continue Reading