DHL Opens $80M Automated Processing Center in Israel

The rise of e-commerce in the face of the coronavirus pandemic has contributed to the growth of Israeli exports.

Estonia Orders More than 500 Israeli-Designed Spike Missiles

President Alar Karis has called for an increase in NATO troop numbers in his country amid tensions with Russia.

Report: 70K Businesses in Israel Failed to Survive in 2021

Only 35,000 news small businesses opened in the second year of the COVID-19 pandemic.

Microsoft to Acquire Activision, Creator of ‘Candy Crush’

The deal is expected to close in fiscal year 2023. Xbox Game Pass alone has 25 million subscribers.

Germans Blindside the IDF, Doubling Cost of 3 Submarines

ThyssenKrupp recently raised the price of three new submarines ordered by Israel's defense ministry by a whopping €1.2 billion.

Shuk Produce Vendors Offer Better Prices to Beautiful Women

A field experiment in 23 Israeli fruit-and-vegetable markets finds blatant price discrimination based on gender and attractiveness.

Lebanon Denies Reported US-Brokered Indirect Gas Deal with Israel

The country's Ministry of Energy and Water said in a statement that Lebanon and Egypt are instead working on an agreement to supply Egyptian natural gas alone.

Inflation Hits 10-Year High in Israel as CPI, Housing Prices Edge Up

The Consumer Price Index rose 0.3% in December, while housing prices added 10.6% over the past 12 months. At 2.8%, inflation is edging closer to the 3% projection set by the Bank of Israel.

Israel’s Smart Shooter Unveils SMASH Dragon Killer Drone

SMASH Dragon is an armed drone system that provides precise target elimination.

In Gesture to Turkey Biden Administration Drops Support for Israel-Cyprus-Greece Gas Pipeline

According to the State Dept., the US is now supporting the planned EuroAfrica subsea electricity interconnector from Egypt to Crete.

Israel Establishes its First Digital Bank

The final approval of the One Zero Digital Bank “is further good news for competition and innovation in the banking and financial industry,” says Bank of Israel Governor Amir Yaron.

Upper East Side ATM Dispenses Bill with Swastika

The branch manager told her “the Secret Service will probably get involved.”

7 Bed, Bath & Beyond Stores to Close in New York

One of the stores is located in the Spring Valley Marketplace.

Israeli Cabinet Approves Updated Green Pass Regulations

All those in the malls must wear masks, according to the updated COVID-19 regulations.

Use Venmo, PayPal, Zelle, Cash App? IRS is Watching.

The new tax code came in as part of the American Rescue Plan Act, which went into effect on January 1, 2022.

Elbit Signs Contract to Supply Drones to Brazilian Air Force

Under the contract, Elbit will supply its Hermes 900 UAS and spare parts for the aircraft.

Google Closes First Israeli Cybersecurity Deal

Google said it would integrate the Siemplify platform into its cloud.

Utah Software Entrepreneur Sacked for Perfect Storm of Antisemitism & Antivaxing

"the Bateman letter is impressive in the sense that he almost got a full antisemitic bingo in four paragraphs."

Israel’s Import Reform Frees Thousands of Products from Bureaucratic Red Tape

If you're not familiar with the Cuban-style centralized system in Israel, you won't appreciate just how revolutionary this move is.

Bank of Israel Keeps Interest Rate Unchanged at 0.1 Percent

Home prices have increased by 10.3 percent in the past 12 months, a significantly higher rate than in recent years.

Israel’s Elbit Systems Sells Defense and Airborne Electronic Warfare Systems to UAE

Elbit Systems Emirates will deliver a multi-turret configuration of the J-MUSIC Self-Protection System together with Elbit’s Infra-Red-based Passive Airborne Warning System, providing high levels of protection and redundancy.

Israeli High-Tech Capital Raising Soars to $25.6 Billion in 2021, 146% Increase Over 2020

77 mega-deals deals over $100 million accounted for a 55% share of the total sum for 2021,

Jury Finds Teva Pharmaceuticals Contributed to Opioid Crisis

Teva was found to have played a role in an opioid-use epidemic that has been linked to more than 50,000 deaths over the past 20 years across the United States.

Ministry of Finance and El-Al Agree on Aid Package

The outline will include an inflow of tens of millions of dollars in the coming period to come from the controlling shareholders of the company and the state, and it will allow the company to get through the crisis in the coming months.

Finance Minister Liberman Abolishes Import Duty on Butter

There was also a shortage of butter in Israel in 2020 that spurred the temporary order suspending the tariffs.

Survey: 21% of Israelis Live Below Poverty Line; Corona Grants Saved Standard of Living

“If the government had not intervened, the standard of living would have fallen by a real rate of about 10%,” the report stated.

Meet the 2021 Antisemite of the Year – Ben and Jerry’s Anuradha Mittal on Tuesday announced its 2021 Antisemite of the Year, Ben & Jerry's Anuradha Mittal. As you may recall, Mittal spearheaded the antisemitic boycott...

Qatar to Invest $60 Million in Israeli Gas Pipeline to Gaza

The “Gas for Gaza” initiative seeks to see natural gas pumped from Israel's Leviathan gas field into the Gaza Strip, according to Arab media.

Despite Pandemic, Israel Sees All-Time High in Exports

Israel’s top exporting destinations are the US, China, Netherlands, Turkey, and Germany.


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