6 Ways to Help Your Child Build Credit During College

College students have a lot on their plate already, including the need to study to get good grades, participating in any number of on-campus activities and potentially working part-time to have some spending money. That said, college students should also focus on their financial future, including steps they can take to build credit before they […]

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Emergency loans save Israeli small businesses during wartime

Sarit Tabib Milman, an organizational consultant for the nonprofit and the public sector, was set to start four projects prior to the onset of the Israel-Hamas war. She also had ongoing retainer agreements with two organizations. But October 7 changed everything. “I found myself after October 7 with almost nothing in my hand,” Milman said. […]

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US sanctions on West Bank settlers: Far more expansive than many realize

The US recently signed on a special presidential order against four Israeli settlers involved in violence against Palestinians in the West Bank: Shalom Zicherman, Yinon Levi, David Chai Chasdai, and Einan Tanjile. According to the order, the four were involved in arson that led to harm to human life, threats against Palestinian farmers who abandoned […]

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Sigma Clarity Investment House announces new partner

Yohan Kadoche, a senior figure in Israeli capital markets, will become a partner in the  Sigma Clarity Investment House, Sigma Clarity announced on Tuesday. Kadoche is expected to acquire approximately 52% of Sigma Clarity stock and invest capital for business development. “I am pleased to join Sigma Clarity, a global investment firm that currently […]

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Israel Insurance Association: Chair Gabbai and Maimon shift

Israel Insurance Association witnessed a significant change in its leadership team on Tuesday: Certified Public Accountant Benjamin Gabbay, previously known for his impactful role as the chairman of Phoenix Insurance, has now stepped into the limelight as the Association’s new chairman. This move marks a pivotal shift as he takes over the reins from Yair […]

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How could a credit rating downgrade impact Israeli wallets, markets?

The impact of a country’s credit rating downgrade on citizens’ wallets begins even before the actual downgrade occurs. Markets, in practice, do not wait for the official downgrade announcement and already demand higher interest rates. This translates to tangible consequences for citizens who are faced with increased borrowing costs and reduced access to affordable […]

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Saving for retirement? Israel introduces new benefits for pensions

Amid discussions surrounding budget deficits and the state of Israel’s war against Hamas, most people may not have noticed some important announcements regarding pensions. The Israel Tax Authority has recently introduced several new benefits for anyone saving for retirement. Firstly, the deposit limit for savings, particularly for pensions, has been increased by 3.34%. This means […]

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Israeli reservist forced to sell business as reserve duty continues

In a heartbreaking turn of events, Gal Anav, an Israeli soldier currently serving in Gaza for nearly 100 days, has been forced to announce the liquidation of his business due to the financial strain caused by his long reserve duty. Anav, who was called up on October 7 as part of the ongoing conflict between […]

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