Meir Panim delivers warmth, special care to families in need.
Israel will face a challenge getting the economy back on track after the war is over, but the ‘startup nation’ is nothing if not resourceful.
At the start of the month, MK Ofer Shelah – a member of the Knesset Finance Committee, told Reuters that Operation Protective Edge was “definitely going to cost more than NIS 10 billion ($2.9 billion).”
The loss of summer tourism income was projected to be more than NIS 2.2 billion, including some NIS 500 million from empty rooms at hotels. Many tourists canceled trips within the country due to missile attacks; foreign airlines canceled flights for several days due to the FAA flight ban that followed a single rocket aimed at a town near the airport.
Likewise, the Israel Manufacturers’ Association estimated drop in production at some NIS 820 million. The figure results from workers staying home due to missile attacks, due to others being called up for reservist duty, leading to a loss in production, and from damage to factories in missile attacks.
However, Michael Sarel, former chief economist at the Finance Ministry, was optimistic. He pointed out that “if it will be completely quiet” as it was after the last three operations were over, “the economy has proved it is quite resilient to these kinds of shocks and the impact will be only one quarter.”
About the Author: Hana Levi Julian is a Middle East news analyst with a degree in Mass Communication and Journalism from Southern Connecticut State University. A past columnist with The Jewish Press and senior editor at Arutz 7, Ms. Julian has written for Babble.com, Chabad.org and other media outlets, in addition to her years working in broadcast journalism.
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The Prime Minister told the Cabinet the deal in the works is even worse than feared.
Don’t expect Iran to sign anything before the last minute, if not afterwards, and if at all.
With “congratulations” like these, who needs a punch in the stomach?
The discovery would be a death blow the PA claims that Tel Aviv is “Palestinian” if it weren’t for the fact that that Arafat was born in Egypt.
Who is Horowitz? He’s Netanyahu’s eyes and ears. He’s very close to him, literally his personal representative everywhere…
“The US negotiating team are mainly there to speak on Iran’s behalf with
other members of the 5+1 countries and convince them of a deal.”
Saudi Arabia withdraws personnel from Aden. Iran calls Saudi strike a “strategic mistake.”
“The tone of #US officials’ background comments on #Iran talks is getting progressively more dreary, like the weather in #Lausanne,” Associate Press reporter Matt Lee tweeted Saturday night. Lee is a veteran journalist who has a keen eye and ear that cuts through the double talk and dishonest smiling faces of American diplomats. If he […]
It is a long tradition in the Muslim world never to agree to anything at an agreed time.
Hamas test fired a rocket on Saturday, the rocket landed within the Gaza Strip.
Gere is a guest of Shimon Peres.
Israel was aware of the report’s impending release and did not object.
The PA hasn’t changed anything on their end, so why did Netanyahu suddenly change his policy?
Obama’s “two-state” phobia shows how much he and his experts do not understand the Middle East.
in a new report, Amnesty International charges “Gaza armed groups’ with war crimes in last summer’s Operation Protective Edge.
The Pentagon has just revealed a stunning amount of information on some of Israel’s the most closely guarded secrets, including details of its nuclear program.
Passengers on the Jerusalem Light Rail were forced to duck when the line came under attack by Arabs in Shuafat again this morning.
Two NY Jews were attacked in Williamsburg on Sunday in a bias incident; a Jew was shot to death in Midwood, motive unclear.
Four IDF soldiers were hurt Wednesday when their Hummer overturned while traveling near the Gaza border.
The city of Jerusalem will open Gazelle Valley — its unique Middle Eastern version of Central Park — next Monday, just in time for Passover vacation.
Printed from: http://www.jewishpress.com/news/breaking-news/israel-gears-up-for-post-war-economic-challenge/2014/08/11/
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