Meir Panim’s Tiberias Free Restaurant not only provides warm meals, but the opportunity to socialize as well.
Posted on: June 11th, 2013News & Views → Israel
According to the Mas Hachnasa (Israel Tax Authority) website, senior members of the IRS, met yesterday in Jerusalem with the Tax Authority director, Moshe Asher and other senior tax officials, to discuss strengthening cooperation between the authorities. The meeting placed an emphasis on the exchange of information between the two tax authorities and the authorities’ […]
Posted on: June 10th, 2013News & Views → Israel
The Knesset Monday approved on the first reading a bill that would cut salaries of Knesset Members and the President of Israel by 10 percent. Salaries of ministers and judges would be cut by one percent. The measure passed by a margin of 38-15 but likely will be altered by Knesset committee that will discuss […]
Posted on: June 10th, 2013News & Views → 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 implemented over the next 5 years, until it goes fully into effect in 2018, should lower prices significantly on flights between Israel and Europe. Open Skies will allow EU and Israeli […]
Posted on: June 9th, 2013News & Views → Israel
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.
Posted on: June 7th, 2013News & Views → US → NY
A new report shows that 20 percent of Jewish households in the New York metropolitan area are poor, a figure only marginally lower than the rate in the general population. The report released Thursday by UJA-Federation of New York found more than 560,000 people living in 200,000 poor or near-poor Jewish households, a figure that […]
Posted on: June 6th, 2013News & Views → Jewish
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.
Posted on: June 5th, 2013News & Views → Israel
Argentinean real estate mogul Eduardo Elsztain said he will invest $75 million in Israel businesses, including $57 million in the struggling IDB group and $18 million in Ganden Holdings, both controlled by Israeli businessman Nochi Dankner. In February Elsztain, a vice president of the World Jewish Congress, bought a 10 percent stake in Ganden for […]
Posted on: June 4th, 2013News & Views → Israel
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 week, the Israeli-based Kamada medical treatments company completed an IPO prior its stock trading on NASDAQ last week. Software developer Babylon also has filed for IP, and Caesarstone Sdot Yam […]
Posted on: June 2nd, 2013News & Views → Israel
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 of the number of households, according to The Boston Consulting Group, in its report “Maintaining Momentum in a Complex World: Global Wealth 2013.” In percentage term, there is a millionaire in […]
Posted on: June 2nd, 2013News & Views → News Briefs
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 tax hike will raise an additional NIS 4.4 billion a year in revenue, assuming the economy stays strong. The price of gasoline also rose to NIS 7.52 for 95 octane. This […]
Posted on: May 31st, 2013News & Views → Israel
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 Bank of Israel Governor Stanley Fischer, the Globes business newspaper reported Thursday. Fischer is leaving in the middle of his second term of office after having made aliyah to take the […]
Posted on: May 30th, 2013News & Views → Jewish → Antisemitism
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.
Posted on: May 30th, 2013News & Views → Israel
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 billion for the company. Facebook reportedly insists that the Waze management team re-locate to California from Israel, a condition that money can’t buy, at least not yet, according to the AllThingsD […]
Posted on: May 29th, 2013News & Views → Jewish → Holocaust
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.
Posted on: May 29th, 2013News & Views → Eye on Palestine
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.
Posted on: May 29th, 2013News & Views → Israel → Aliyah
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.
Posted on: May 26th, 2013News & Views → Israel
The electric car company Better Place, which had pledged to erect electric car charging stations throughout Israel, filed for bankruptcy in an Israeli court on Sunday. The company, based in Palo Alto, Calif., fired about half of its staff in October 2012. Better Place provides charge spots and battery-switch stations for the Renault Fluence ZE, […]
Posted on: May 24th, 2013News & Views → News Briefs
Readers are already asking us if newly appointed acting commissioner of the IRS, Daniel Werfel is a Jew.
Posted on: May 24th, 2013News & Views → Israel
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, who’s opening bid is at $1 billion dollars. There’s another alternative also on the table now, Waze turns down both giants, keeps its independence, and raises money with another round of venture […]
Posted on: May 22nd, 2013News & Views → Israel
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 of Israel will lower the interest rate again in June. The rate crossed the level of 3.69 shekels to the dollar on Wednesday after having dropped under 3.55 shekels to the […]
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