Close your eyes, breathe in deeply, now exhale slowly… That was easy, wasn’t it? Not for everyone…
The Canadian Potash fertilizer company is determined to buy Israel’s huge Israel Chemicals Ltd. (despite opposition among lawmakers and employees of the Israeli company.
Over 20 Israeli lawmakers met in Jerusalem Wednesday to discuss the issue, with some voicing strong opposition to the deal, according to Bloomberg.
“The sale of ICL to a foreign company would be abandoning residents of the Negev region and a slap in the face of every citizen of Israel,” Future (Yesh Atid) party lawmaker Meir Cohen was quoted as saying.
Potash Corp is the largest producer of the potash crop nutrient and already owns a 14 percent stake in ICL, which mines chemicals from the Dead Sea and is the world’s sixth-largest producer of potash.
Potash Corp Chief Financial Officer Wayne Brownlee has played down the protests in Israel, saying that “the opposition you’re seeing now is fear of the unknown.” He promised that Potash Corp would not cut production or layoff ICL employees.
Similar promises by other companies carrying out buy-outs frequently have been broken, and Israel Chemicals employees plan to stage protests in coming weeks to try and block the deal.
About the Author:
If you don't see your comment after publishing it, refresh the page.
Comments are closed.
US President Barack Obama warns Jewish leaders Israel “will bear the brunt” if Congress rejects nuclear deal with Iran.
Yesterday’s count had four Congressional Democrats coming out against the Iran Nuclear Deal. But since yesterday, that number has nearly doubled. And, amazingly, the latest three are all Jewish members of Congress. That’s a surprise because in their effort to appear impartial, many Jews in public office bend over backwards to avoid the appearance that they are […]
The Senator said he would discuss gun control, or anything else, really, just not how he would vote on the Iran nuclear deal.
Arabs threw 2 firebombs at bus #160 in Gush Etzion on Tuesday evening. No injuries or damage were reported, but the road was temporarily blocked by a wall of fire. In the Shomron, Arabs threw a firebomb at an unmanned pillbox, from a passing car.
Israeli Prime Minister Benjamin Netanyahu visits Inbar Azrak, 27 who was wounded in Monday night’s firebomb attack in Beit Hanina. Azrak is being treated at the Hadassah Ein Kerem medical center in Jerusalem.
The worst heat wave to hit the Middle East in more than a decade has claimed its second victim in Israel.
The non-Jewish tourist tried to wave an Israeli flag when he was set upon by the Islamic mob.
Finance Minister Moshe Kahlon says he’s ready to present the new state budget to the cabinet Wednesday.
Minister Yuval Steinitz says “if he were American he would oppose the deal with Iran” and explains why.
A German neo-Nazi politician is accepted to the European Parliament’s Civil Liberties, Justice and Home Affairs Committee.
The Obama administration may intervene in the NY federal district court judgment against the PA.
The Maccabi Games made it to Berlin but anti-Semitism was hardly left behind.
George Soros, Steven Spielberg and Jeffrey Katzenberg have plopped down at least $1 million to Clinton’s super PAC.
The long-planned and long-delayed high-speed train between Tel Aviv and Jerusalem is getting closer Israel Railways has begun to lay tracks for the western section of the line in the Ayalon Valley, west of Jerusalem. The target date for launching passenger train on the new line is January 2018, 17 years after construction began. The […]
More than 20 cars and buildings in a Jewish community in north London were vandalized with swastikas. The Nazi symbol was drawn on approximately 27 cars in the Osbaldeston Road area of Stoke Newington on Sunday night, The Daily Mail reported. An unnamed 32-year-old man was arrested in connection with the vandalism Tuesday. The neighborhood […]
New York State Assemblyman Dov Hikind called on the Jewish community to attend the funeral of an assassinated New York police officer. “The brave men and women of the NYPD risk their lives every day to protect us. We value them and stand with them,” Hikind, a Democrat who represents Brooklyn, said in a statement […]
“Move Jew” scrawled on a Philadelphia home and slurs written on a synagogue and 10 garages in Chicago.
Cuba has “the largest pool of untapped baseball talent in the world, and Major League Baseball may tap and leave Cuba dry.
Argentina’s president Christina Fernandez has accepted an official Jewish godson for the first time in the country’s history to help counter legend of death to a seventh son. She described in seven tweets her meeting with her new godson, Yair Tawil, a member of a Chabad-Lubavitch family. He was adopted as a godson under a […]
Printed from: http://www.jewishpress.com/news/breaking-news/potash-corp-determined-to-gobble-up-israels-giant-chemical-firm/2013/02/28/
Scan this QR code to visit this page online: