Karnit Flug

Ending war would help Israel’s struggling economy, say experts

A person walks his dog past a closed shop to rent in Tel Aviv, Israel, Thursday, Aug. 15, 2024.

In Jerusalem's Old City, nearly all souvenir shops are closed. In Haifa's flea market, forlorn merchants polish their wares on empty streets. Airlines are canceling flights, businesses are failing and luxury hotels are half empty.

Israel set for $28 billion infrastructure spending boost

Israeli Prime Minister Benjamin Netanyahu said on Sept. 3 that his office would soon publish a multi-year infrastructure spending plan worth more than 100 billion shekel ($28 billion).

Speaking at the start of Israel's weekly cabinet meeting,  Netanyahu said the planned projects would include private sector investment.