Chief economist says new measures to stem outbreak in Israel, global downturn will drop growth by 3% and bring economy to a standstill

Financial institutions urge public to avoid face-to-face transactions; bankers receive deluge of some 6,000 requests to delay mortgage payments

Coronavirus begins to rock technology industry amid government shutdowns worldwide; childcare a major obstacle for workers, but most feel prepared for extended quarantine

Financial institutions seek to ease business and consumer hardship by buying bonds, offering loans, delaying mortgage payments

Tax Authority to discuss easing payment requirements for businesses; clothing chains shutter stores, putting thousands on unpaid leave; construction work likely to continue

Most incoming goods arrive by sea, but majority of outgoing products, especially to the US, are moved by plane; now, coronavirus is bludgeoning the aviation industry

Finance Ministry said to estimate that requirement could cost economy NIS 4.9 billion a month; unemployment benefits granted to tour guides, laid-off workers in tourism industry

Oil and gas shares keep falling, dropping 11.3% this week, while El Al sees small gain; global markets rebound slightly after massive sell off

Day after US Fed slashes rates, central bank says it 'will use variety of tools' to boost markets if coronavirus crisis persists

Continued spread of disease in Israel could reduce GDP by NIS 12 billion, or one percent of national output, with most damage caused to tourism and aviation industries