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? Tuesday, September 25, 2018


Economist: Fischer Left Scorched Earth, Deep Recession Coming

Fischer's strong shekel is destroying Israel's two main industries—manufacturing and agricultural exports and tourism—which are struggling to compete over global markets.

Bank Governor: Israel’s Biggest Problem – Too Many Haredim

It was difficult to tell whether Fischer considers Haredi poverty the central problem, or just Haredi majority.

Teva Stops Distributing Drugs from Suspect Factory in France

Several people died or have been hospitalized in serious condition after taking a drug that was released inadvertently in the packing of medicine treating pulmonary edema.

IRS and Mas Hachnasa to Increase Cooperation

According to the Mas Hachnasa (Israel Tax Authority) website, senior members of the IRS, met yesterday in Jerusalem with the Tax Authority director, Moshe...

Knesset Bill to Cut MKs Salaries Passes First Reading

The Knesset Monday approved on the first reading a bill that would cut salaries of Knesset Members and the President of Israel by 10...

Open Skies Ahead for Israel

Minister of Transportation Yisrael Katz signed an Open Skies agreement with the EU on Monday in Luxembourg. The agreement which is to be gradually...

Google to Buy Waze for $1.3 Billion

Google out-navigates Facebook. Google will pay $1.3 billion for Waze. Coming on top of $2 billion purchase of Iscar, and rumors of SodaStream next in line, Big Business is far from boycotting Israel.

One in Five NY Jews Live in Poverty

A new report shows that 20 percent of Jewish households in the New York metropolitan area are poor, a figure only marginally lower than...

Report: PepsiCo Offered $2B for ‘Settlements’ Labeled SodaStream

If you can’t beat’em, join’em. PepsiCo is reportedly bidding $2 billion buy out the Israeli SodaStream firm. A buyout could jeopardize the factory in Maaleh Adumim because of the boycott movement.

Argentinean Jew Investing in struggling Israeli Conglomerate

Argentinean real estate mogul Eduardo Elsztain said he will invest $75 million in Israel businesses, including $57 million in the struggling IDB group and...

Another Israeli Firm Files for Wall Street IPO

The Israeli-based Wix website developer company has filed for a $75 million initial public offering (IPO) to raise the company’s value to $400 million. Last...

Israel Ranks 10th in Number of Millionaires per Capita

Israel is the home to 84,000 millionaires, putting it in 10th place in the world’s ranking of the number of millionaires as a percentage...

VAT Tax Up

Israeli VAT tax went up 1% to 18% on Saturday night. It's now at its highest level in a decade. The government expects the...

World Financial Honchos to Attend $30,000 Bye-Bye Bash to Fischer

Former U.S. Secretary of the Treasury Larry Summers will join several other world financial leaders on June 18 for a $30,000 farewell party for...

BDS Movement Suffers Defeat in SEC Divestment Battle

Shurat HaDin sent a warning letter to TIAA-CREF last month informing its leadership that the boycott resolution was a violation of both federal and New York State law.

Waze’s Demand to Keep Jobs in Israel Freezes Facebook’s Bid

Israel’s Waze user-based social mapping and navigation startup seems to be too Zionist for Facebook, which has been trying to pay up to $1...

Bad Publicity Spurs Internet Sales of Hitler Look-alike Tea Kettle

Bad publicity sometimes is great for business, especially if it involves Hitler. JC Penney hurriedly removed a billboard showing a tea kettle that looked like Hitler. It sold out on the Internet.

Abbas’ Adviser Calls Israel-PA High-Tech Meeting ‘Unacceptable’

Microsoft and Cisco learn how Abbas defines ”direct talks.” Their officials are to attend an Israel-PA high-tech confab. Abbas’ adviser says it’s “unacceptable.” It gives the world the wrong impression.

Networking, Note-Taking and New Ideas at the Temech Conference

What makes a brand extraordinary is its “why” – the emotional reason that makes a person want to purchase that item. Simple, right? Basic, too. What’s more, it works.

‘Better Place’ Electric Car Goes Belly Up

The electric car company Better Place, which had pledged to erect electric car charging stations throughout Israel, filed for bankruptcy in an Israeli court...

Is Daniel Werfel Jewish?

Readers are already asking us if newly appointed acting commissioner of the IRS, Daniel Werfel is a Jew.

Waze. Outsmarting Google and Facebook. Together.

With the deal Facebook and Waze not yet closed, Google has reportedly jumped into the fray,  making a play for the Israeli start-up company,...

Dizzy Dollar Dumps the Shekel

The shekel-dollar rate has soared 4 percent in the past two weeks, with the latest jump today (Wednesday) prompted by expectations that the Bank...

Natural Gas Magnate Says Gov’t Can Pocket Billions from Exports

The government can expect to rake in billions of dollars from natural gas exports in the next 20 years, claimed Yitzchak Tshuva, controlling shareholder...

More Natural Gas Found

Israel has (more) gas. Baruch Hashem. But who should profit?

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