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Business and Economy
euro stacks
 

Posted on: August 20th, 2013

News & ViewsBusiness and Economy

The rule of when it rains it pours seems to be working in Germany's favor.

Israeli scientists are developing technology for genetically engineered plants to grow in super arid areas of the world
 

Posted on: August 19th, 2013

News & ViewsBusiness and Economy

Let’s see what the Boycott Israel movement will say if Israel succeeds in developing new technology to reduce famine by enabling crops to grow in droughts. Maybe it will blame Israel for lower food prices.

8
 

Posted on: August 19th, 2013

News & ViewsBusiness and Economy

One dollar bought slightly more than 3.57 shekels Monday morning as the shekel lost some of its recent strength, possibly because of the violence in Egypt, according to the Atrade foreign exchange service. The shekel also weakened against the Euro. The Israeli currency, which most analysts believe will strengthen over the long-term, was trading at […]

1
Close-up of Hundred shekels bills in Jerusalem
 

Posted on: August 15th, 2013

News & ViewsBusiness and Economy

Hang on to your shekels. The Israeli economy is stable and Moody's okays its A1 debt rating. But in US, one economist says America’s debt is understated by 75 percent and is $70 trillion.

5
The core curriculum program will introduce Haredi yeshiva students to foreign languages, literature, math, science, technology, and physical aptness, which are perceived by the Haredi leadership as an attack on Torah values.
 

Posted on: August 15th, 2013

News & ViewsBusiness and Economy

Cuts in funding, together with severe cuts in child support, will likely force the majority of Haredi yeshivas to buckle under.

6
 

Posted on: August 15th, 2013

News & ViewsBusiness and Economy

IBM has announced it is buying up the Israeli data security company Trusteer for an undisclosed sum but which market analysts estimate is in the $300-400 million range. IBM said the purchase advances its investment in cloud-delivered software and services. Trusteer provides software solutions to protect companies from financial fraud and security threats. As part […]

Mario Blejer, former head of Argentina's central bank, is favored for of Bank of Israel Governor.
 

Posted on: August 11th, 2013

News & ViewsBusiness and Economy

Advocated for the dolarization of Argentina's economy.

6
 

Posted on: August 8th, 2013

News & ViewsBusiness and Economy

An Israeli energy company has announced plans to export natural gas via pipelines through Turkey and other countries in the Middle East. The Delek Group, the parent firm for several energy and gas exploration companies, said in its new prospectus that it plans to export some of the newly discovered natural gas off the Mediterranean […]

 

Posted on: August 8th, 2013

News & ViewsBusiness and Economy

The American dollar’s worldwide weakness helped drive down the shekel-dollar rate to below 3.53 shekels to the dollar Thursday, the lowest level since September 2011. One shekel now is worth 28 cents. Analysts have pointed to the lack of certainty over who will replace Stanley Fischer as Governor of the Bank of Israel, but the […]

 

Posted on: August 2nd, 2013

News & ViewsBusiness and Economy

Professor Leo Leiderman withdrew his candidacy for governor of the Bank of Israel, just two days before his election was to be announced. Leiderman’s withdrawal comes just days after Yaakov Frankel withdrew his candidacy, after an old scandal involving a duty free in Hong Kong resurfaced. PM Netanyahu and FM Lapid stated their regret with […]

 

Posted on: July 31st, 2013

News & ViewsBusiness and Economy

Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid have decided to appoint Professor Leo Leiderman as the new governor of the Bank of Israel. Leiderman has a PhD in economics from the University of Chicago, and is currently a professor of economics at Tel Aviv University. Leiderman used to work in the Bank of […]

 

Posted on: July 31st, 2013

News & ViewsBusiness and Economy

The Tel Aviv Local Planning and Building Commission approved on Wednesday the “Keren HaKirya” plan for an 80-story high office, commercial and residential tower, which will be Israel’s tallest skyscraper, the Globes newspaper reported. The IDF headquarters are located on the nine-acre site, owned by the Israel Lands Administration. Four towers will be built, two […]

3
 

Posted on: July 29th, 2013

News & ViewsBusiness and Economy

A new invention from Israel that falls in line with the Jewish state’s reputation as a “start-up nation,” potentially revolutionizing life for the blind and the visually impaired, will go on sale in the United States in September. The device, called OrCam, works via a 5-megapixel camera that attaches to glasses and can recognize text. […]

3
 

Posted on: July 26th, 2013

News & ViewsBusiness and Economy

Palestinian Authority entrepreneurs are not interested in politics and concentrate on business in a Cisco-Israel training program, Forbes business magazine reported. Israeli Jewish high-tech experts coach PA CEOs and middle-level managers in the sessions. Cisco CEO John Chambers began thinking about the program after meeting with  chairman Mahmoud Abbas in Ramallah in 2008. “I personally went […]

3
Passengers waiting for a train in Tel Aviv.
 

Posted on: July 25th, 2013

News & ViewsBusiness and Economy

The PA’s all-or-nothing position years ago robbed itself of enjoying Israel’s superhighway. Now it refuses train lines that would propel economic growth. Why? Because it would help those awful settlers.

12
 

Posted on: July 25th, 2013

News & ViewsBusiness and Economy

Yesh Atid and party chairman Yair Lapid are facing their first charges of unethical conduct following the revelation that one of Lipid’s advisers is a part-owner of a beer company that is due tor receive aid from the Finance Ministry that Lapid heads. Hillel Kobrinsky is an adviser to Lapid and holds a 4 percent […]

2
 

Posted on: July 24th, 2013

News & ViewsBusiness and Economy

Israel’s increasing arms exports has made it one of the most important in the world, with a record $7.5 billion worth of arms exported in 2012, according to a Minister of Defense’s Export and Cooperation report on Tuesday. The new record is even more impressive when taking into account budget cuts in Western countries. “The […]

2
The announcement of Israel's Fox clothing chain opening a branch in Ramallah drives another nail into the boycott movement
 

Posted on: July 23rd, 2013

News & ViewsBusiness and Economy

What do Rami Levi, Harel Wizel and Eil Orgad have in common? They are Israelis stores in Judea and Samaria. They also may be the key to destroying the peace process and making real peace.

9
 

Posted on: July 17th, 2013

News & ViewsBusiness and Economy

IKEA is considering extending its operations in Israel and opening up a branch in Ramallah, in the Palestinian Authority, and in Be’er Sheva and Jerusalem, the  Hebrew-language newspaper Yediot Acharonot reported. Matthew Bronfman, who holds the IKEA franchise for Israel, reported said that “we’ll be happy to help establish the store” in Ramallah. The planned […]

 

Posted on: July 15th, 2013

News & ViewsBusiness and Economy

An alleged shoplifting incident in Hong Kong in 2006 has become a major issue over whether Yaakov Frenkel will return to his former post as Governor of the Bank of Israel, replacing Stanley Fischer who is quitting in mid-term to return to the United States. Prime Minister Binyamin Netanyahu’s nomination of Frenkel two weeks ago […]

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