EFTA00636175Set 9
2016-08-047p2,152w
rights
of the prisoners, and it set a minimum wage of 1,400 [Israeli] shekels for a prisoner when he enters
captivity, which rises gradually to 12,000 shekels ... does not have any [other] source of fixed income of more than 1,450 shekels a month...
In the regulation it is determined that the base fixed salary ... shekels, with an addition of 100
shekels for every year that the prisoner was in captivity ... with an addition of 300 shekels for a wife
and an addition
https://www.justice.gov/epstein/files/DataSet%209/EFTA00636175.pdf
EFTA01459609Set 10
2016-01-121p836w
should decelerate to 2.4% in 2016, primarily on the Bol will likely prevent further shekel strength. ILS
the back of a decrease in public investment driven by TWI is near ... with a sharp drop in EU funds. banks with similar deflation concerns. But this shekel
EU funds inflows in Hungary are normally back-loaded strength has weighed on exports, growth ... budgeting envelope - for and the Bol's sensitivity to any major shekel
example, just EUR 1.6bn of EU funds were absorbed in appreciation is now likely high. There
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01459609.pdf
EFTA01458615Set 10
2015-09-251p909w
which path the Bol
chooses, the end result is likely to be a weaker shekel. In our view, the only reason the Bol would not undertake any of the
easing ... steps noted above is if the shekel were weaker due to other, possibly global, factors (such as broad dollar strength,
for example on the back of Fed normalization). However ... this case as well the fx implication is the same - a weaker
shekel. We therefore maintain a moderately bearish bias on the shekel and see scope for further weakness despite
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01458615.pdf