World Bank

The Egyptian Gazette reports on why central banks around the world continue to hold the US dollar as their dominant reserve currency, despite ongoing talk of de-dollarisation. The piece examines the structural reasons keeping the dollar at the centre of global finance, including the depth of US markets and the lack of credible alternatives.

A Bank of Israel official has said that within a year the country will be in "a whole new world," offering a sweeping forecast about the economic or technological transformation ahead. The remark, reported by The Jerusalem Post, suggests major change expected in Israel's economy over the coming twelve months.