It is impossible to entirely rid the global financial system of money that’s been involved with crime or terrorism in some way. There is, however, a lot that can be done to identify and combat money laundering and the financing of terrorism in the formal market. The question is, what is the price to pay […]
Continue ReadingBillionaire Elon Musk has said he plans to commit around $45 million a month to a new pro-Trump super PAC, the Wall Street Journal reported on Monday, citing people familiar with the matter. Musk has reportedly contributed to the America PAC. However, the South African-born entrepreneur was not listed on a Monday filing by the […]
Continue Reading
Israel was ranked 18th in the UBS Global Wealth Report with an average wealth of $260,000 per adult in 2023, up 14% from 2022, well above the average growth worldwide of 4.2%. According to the Swiss bank, the growth of median wealth in Israel was much weaker, indicating that wealth is growing at a much […]
Continue Reading
Bank Leumi announced Thursday another step in its service revolution. In a precedent-setting step in the Israeli banking system, the bank’s customers – both private and business – will receive the personal phone number of the manager or manager of the branch where their account is managed, and can contact them directly via WhatsApp for […]
Continue ReadingThe Bank of Israel (BOI) remains committed to plans for a digital Shekel currency to improve Israel’s payments system and foster innovation, but is unlikely to launch one ahead of other advanced economies. “We’re all waiting for the first western central bank to pull the trigger, which is almost certainly going to be the […]
Continue Reading
Israel transferred 435 million shekels ($116 million) of withheld tax revenue to the Palestinian Authority, the first such transfer since April, the Israeli and Palestinian finance ministries said on Wednesday. Israel collects tax on goods that pass through Israel into the West Bank on behalf of the Palestinian Authority and transfers the revenue to Ramallah […]
Continue Reading
As campus demonstrations and protests in city streets across the world dominate headlines, the resurgence of the Boycott, Divestment and Sanctions (BDS) movement has amassed a significant following since the horrific October 7 attacks on Israeli civilians and the ongoing war against Hamas. Despite outwardly presenting itself as a grassroots movement to pressure Israel to […]
Continue ReadingWhat do you do if the Israeli Tax Authority (ITA) throws the book at you and accuses you of artificial tax evasion? One taxpayer threw the book right back and won in the Israeli District Court (Shalam Packaging(1998) Ltd vs Netanya Assessing Officer, Civil Appeal 38077-02-21 of April 25, 2024). Israel has a general […]
Continue Reading
Home » Debt » Financial Peace University vs. True Financial Freedom vs. Crown Financial MoneyLife I recently completed three of the top Christian financial education programs for churches: SeedTime’s True Financial Freedom, Dave Ramsey’s Financial Peace University, and Crown Financial’s MoneyLife. These popular programs all claim to help you get control of your finances from […]
Continue Reading
There will be significant changes in how Israel’s 2025 budget will be formulated compared with how they usually are, Finance Minister Bezalel Smotrich said Sunday. Talks on the budget will commence following Shavuot, he said. Presentations on the budget will be held during two focused days instead of over the course of months, as they […]
Continue Reading
