Galit Altstein Profile
Galit Altstein

@GalitAltstein

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Israel Economy & Government Reporter for Bloomberg. Opinions are my own.

Tel Aviv, Israel
Joined July 2023
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@GalitAltstein
Galit Altstein
3 days
Israel will complete the handover of the Arrow 3 anti-ballistic missile defense system to Germany on Wednesday, marking the first time another country will have independent access to the high-end military asset
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bloomberg.com
Israel will complete the handover of the Arrow 3 anti-ballistic missile defense system to Germany on Wednesday, marking the first time another country will have independent access to the high-end...
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@GalitAltstein
Galit Altstein
1 month
Two years ago, Israel's Netanyahu seemed finished. This week, he announced he's running in next year's election and there's a chance he may hold onto his post a while longer
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bloomberg.com
Two years ago, after Hamas killed and kidnapped its way across southern Israel, Prime Minister Benjamin Netanyahu seemed finished. “Mr. Security,” as he billed himself, would either resign in shame...
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@GalitAltstein
Galit Altstein
3 months
Israel’s annual inflation inched back into its target range for the first time in over a year, although it’s unclear whether policymakers will consider it enough to cut interest rates later this month
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bloomberg.com
Israel’s annual inflation inched back into its target range for the first time in over a year, although it’s unclear whether policymakers will consider it enough to cut interest rates later this...
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@GalitAltstein
Galit Altstein
3 months
Israel will need to be more self-sufficient as the nation becomes increasingly isolated over the war in Gaza, Prime Minister Benjamin Netanyahu said, in rare public comments about the impact of the conflict on the country’s international standing
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bloomberg.com
Israel will need to be more self-sufficient as the nation becomes increasingly isolated over the war in Gaza, Prime Minister Benjamin Netanyahu said, in rare public comments about the impact of the...
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@GalitAltstein
Galit Altstein
3 months
"The pact will help expand trade between the nations", Israel's Finance Ministry said
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bloomberg.com
Israel and India announced the signing of a bilateral investment agreement by their finance ministers in New Delhi.
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@GalitAltstein
Galit Altstein
4 months
Stock prices are up in Israel, the shekel is strong, and investments are rolling in despite two years of a brutal multifront war
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bloomberg.com
Stock prices are up, the shekel is strong, and investments are rolling in, even as the death toll rises.
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@GalitAltstein
Galit Altstein
4 months
Israel’s cabinet unanimously voted to terminate the country’s attorney general, citing “substantial and prolonged differences of opinion” between her and the government
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bloomberg.com
Israel’s cabinet voted to terminate the country’s attorney general, who it has been trying to oust for months, but the Supreme Court quickly issued an injunction to block the move pending a review of...
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@GalitAltstein
Galit Altstein
5 months
Israel will boost defense expenditure by 42 billion shekels ($12.5 billion) over the next two years to meet the costs of last month’s war with Iran and the ongoing conflict in Gaza
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bloomberg.com
Israel will boost defense expenditure by 42 billion shekels ($12.5 billion) over the next two years to meet the costs of last month’s war with Iran and the ongoing conflict in Gaza.
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@GalitAltstein
Galit Altstein
5 months
Israel’s central bank keeps interest rates unchanged for the 12th straight meeting, giving a recent shekel rally more time to curb inflation and pave the way for lower borrowing costs
bloomberg.com
Israel’s central bank kept interest rates unchanged for the 12th consecutive time, giving a recent rally in the shekel more time to slow inflation and pave the way for lower borrowing costs.
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@GalitAltstein
Galit Altstein
5 months
Israel’s central bank is set to hold interest rates for a 12th consecutive time, with policymakers waiting to see if the shekel’s recent rally helps tame inflation and paves the way for a cut
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bloomberg.com
Israel’s central bank is set to hold interest rates for a 12th consecutive time, with policymakers waiting to see if the shekel’s recent rally helps tame inflation and paves the way for a cut.
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@GalitAltstein
Galit Altstein
5 months
When Donald Trump demanded an end to Benjamin Netanyahu’s corruption trial at the weekend, many dismissed it as an unwelcome interference in Israel’s judicial system
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When Donald Trump demanded an end to Benjamin Netanyahu’s corruption trial at the weekend, many dismissed it as an unwelcome interference in Israel’s judicial system.
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@GalitAltstein
Galit Altstein
5 months
Israel’s war on Iran to curb its military and nuclear program will boost the country’s long-term economic prospects, according to Central Bank Governor Amir Yaron
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bloomberg.com
The war on Iran to curb its military and nuclear program will boost Israel’s long-term economic prospects, according to Central Bank Governor Amir Yaron.
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@GalitAltstein
Galit Altstein
6 months
Israel is targeting Iran’s nuclear sites, but uranium could be traveling around undetected https://t.co/An64XTJSxw via @bbgvisualdata
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Israel is targeting Iran’s nuclear sites, but uranium could be traveling around undetected
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@GalitAltstein
Galit Altstein
6 months
Israel may resume natural gas supplies to Egypt as early as Thursday, says Energy Minister Eli Cohen
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bloomberg.com
Israel may resume some natural gas exports to Egypt and Jordan as early as Thursday, though any initial volumes will be small, Energy Minister Eli Cohen said.
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@GalitAltstein
Galit Altstein
6 months
Israeli stocks dropped on their first day of trading after the government began airstrikes against Iran. Saudi Arabia’s equity benchmark slid as concerns of a wider conflict gripped the region.
bloomberg.com
Most Middle Eastern markets dropped on Sunday as investors signaled growing concerns of a wider conflict amid tit-for-tat attacks by Israel and Iran.
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