Israel Start-Up’s Anti-Obesity Pill Set to Go Big Time

Posted on: March 11th, 2013

An Israeli-made pill may be on its way to make the world slimmer. The “slim pill” to reduce obesity could go on the market as a medicine, with the help of a major pharmaceutical company.

Sequester Cuts Military Aid to Israel by Small Amount

Posted on: March 7th, 2013

The United States told Israel the sequester axe fell lightly on Israel and that the cut in military aid will amount to $144 million or 5 percent, instead of the originally planned 8 percent of the $3.1 billion aid program. Finance Ministry sources told the Globes business newspaper that “reliable sources” notified Finance Minister Yuval [...]

Israeli Input Drives New Chinese Car

Posted on: March 7th, 2013

“Made in Israel” won’t appear anywhere in the new Chinese Qoros sedan, but blue and white brains are under the hood. Israel Corp, which is also behind an electric car, holds 51 percent of Qoros.

Bloomberg Rated as World’s 13th Richest Billionaire

Posted on: March 4th, 2013

New York Mayor Mike Bloomberg’s worth is now around $27 billion, according to Forbes, placing him as the 13th richest billionaire in the world. At the top of the list for the second year in a  row is Mexico’s telecom entrepreneur Carlos Slim Helu and his family, whose worth is an astonishing $73 billion. Oracle [...]

Sequestration Worries Israel

Posted on: March 3rd, 2013

Finance Minister Yuval Steinitz expressed concern Sunday that U.S. financial difficulties would affect Israel’s economy. “We are very worried about the financial difficulties in the U.S., and I hope they won’t hurt us,” he said at the weekly Cabinet meeting. Steinitz’s comments came after Obama on Friday night ordered $85 billion in automatic, across-the-board cuts, [...]

Potash Corp. Determined to Gobble Up Israel’s Giant Chemical Firm

Posted on: February 28th, 2013

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 [...]

Uranium in the Negev?

Posted on: February 27th, 2013

Gulliver has a one-year license for exploring an area between Sodom and Arad.

‘Quick Peace’ Losing Ground as US Gas and Oil Surpass Arab Production

Posted on: February 3rd, 2013

"Low-cost natural gas is the elixir, the sweetness, the juice, the Viagra."

Israeli Stocks and Bonds Rise Post-Elections

Posted on: January 23rd, 2013

Israeli stocks and bounds advanced following elections, “as investors bet Benjamin Netanyahu’s coalition would weaken ultra-Orthodox factions as the nation seeks to narrow its budget deficit,” according to a report by Bloomberg business news.

Israel’s Storm: Extreme Rainfalls, More than $250 Mil. in Damages

Posted on: January 13th, 2013

The Kinneret is expected to rise at a rate of 1 inch per day until the end of the season.

Debt Ridden NY Times Squeezing Writers, Golden Parachuting CEOs

Posted on: November 1st, 2012

Remember how the New York Times lionized the anti-capitalist Occupy Wall Street vigilantes?

22 European NGOs Seeking Ban on Trade with Israeli Settlers

Posted on: October 31st, 2012

Der Spiegel reported that Israel’s government records an estimated €230 million ($298 million) in produce, toys, textiles and cosmetics exported to the EU yearly from Judea and Samaria – approximately 2% of all its exports to Europe, despite a European Court of Justice ruling in 2010 excluding Jewish products from Judea and Samaria from the EU’s international customs cooperation agreements.

Bank of Israel Restricts Mortgages Severely, Looking to Avert Future Real Estate Crises

Posted on: October 30th, 2012

The new directive stops banks from giving mortgages with an LTV of more than 70%, with an exception for first-time buyers, who are allowed mortgages of up to 75% of the value of the apartment. Mortgage customers who buy an apartment for investment will be limited to 50% LTV.