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? Tuesday, September 17, 2019


Congressional Report Reveals Exactly How Much Israel Receives from the US

To date, the United States has provided Israel $142.3 billion (current, or non-inflation-adjusted, dollars) in bilateral assistance and missile defense funding.

PA Reveals Construction of Largest Power Plant Coming ‘Soon’

Power generation from the plant is expected to commence at the end of 2021, with a total project cost of approximately $620 million.

Obama’s Embargo Gave Birth to Improved Israeli Rocket Now Tested by US Army

An early version of the Spike was offered by Rafael as a possible contender for the US Army JAWS missile program in 1996. It was not picked up.

Israeli Hi-Tech Jobs Reach 8.7% of Entire Workforce

“The rate of workers employed in the hi-tech sector has stood at 8% for about a decade, and for the first time we’ve seen a real positive trend in this figure."

It’s Official: Amazon Israel Has Been Launched

Amazon's delivery services are not going to be available in Israel just yet, and it is unclear if and when Amazon will begin operating them.

Israel, South Korea, Conclude Free Trade Negotiations that Exclude Jewish Settlements

Israel agreed that products from the settlements in Judea, Samaria, and the Golan Heights will not enjoy various benefits such as customs exemptions under the Free Trade Zone Agreement with South Korea.

As China Devalues Yuan Radically, Shekel Continues to Strengthen

If you're an American Oleh living off your pension in Israel – you just got a 2.7% pay cut.

Report: Damascus Mired in Poverty, Armed Robberies

More than 93% of Syrians live in poverty and deprivation, including about 60% who live in extreme poverty.

Turkey, Russia, Laying Claim to Mediterranean Off-Shore Gas

Since 2009, offshore oil and gas fields in the Mediterranean have been the subject of territorial disputes between Turkey on one side and Greece, Cyprus and Israel on the other.

Israeli Monetary Policy Report for First Half of 2019: Strong Shekel, Higher Housing Prices,...

In the period reviewed, the Bank of Israel bought only a small amount of foreign exchange—$86 million, compared to billions of dollars it purchased in previous years.

Study: Haredi Israelis Not So Poor Due to Low Debt

In Haredi society, half of which is poor and seventy percent of which are classified as low-income earners, the ratio of debtors is low.

NY, Israel Ink Memorandum Of Understanding on FinTech Cooperation

“New York and Israel are both centers of innovation and given our close friendship there are many mutual benefits to a partnership in the emerging FinTech market."

Israeli Gene Manipulation Puts Cow Flatulence Behind Us

More cows with less methane emissions, will leave Progressives with little to protest against.

Amazon Israel’s Local Launch Could Be This Summer

Israeli retailers are likely to be ready for the shopping season heading into the new school year and the Tishrei Rush.

Ukrainian Airline YanAir Suspended over Crazy Landing Mishap, Flew 15 Routes to Israel

Immediately after landing, the crew requested that ambulances urgently meet the aircraft.

De Blasio Grants Strand Bookstore Landmark Status Over Owner’s Fierce Objections

Preservationists who oppose the planned 21-story tech hub, said RAL, the developer the mayor selected for the project, donated $10,000 to a de Blasio charity in 2015.

Report: Israel Testing Gas Flow to Egypt Ahead of Renewed Commercial Supply

The estimated revenue from both contracts, as reported last year by the partners in both reservoirs, is about $15 billion, with about half the money going into Israel's state coffers in royalties and taxes.

SodaStream Hosts 3,000 Bedouin, Jews, US Ambassador, in Ramadan Iftar Feast

"Muslims, Druze, Christians and Jews working together, each making the other better, happier and more prosperous. This is peace!"

Eurovision Mega-Festival Fizzed Out, But We Hear Great Things about Lag B’Omer

On Sunday morning, Ha'aretz ran an op-ed calling for the cancellation of Lag B'Omer.

It’s All Business (and a Little Socializing) at Collaborative Israeli-Anglo Forum in Jerusalem

Several hundred entrepreneurs and business professionals gathered to introduce their products and services, network, hear lectures and attend workshops at the Orthodox Jewish Chamber of Commerce’s second annual Anglo-Israeli/American Jerusalem Expo and Conference.

Airbnb Cancels Anti-Israeli Boycott

The decision was the direct result of the lawsuits against Airbnb's for their anti-Israel boycott.

McDonald’s Acquires Tel-Aviv Based Dynamic Yield for $300 Million

By the way, the $300 million figure was not actually announced, it was rumored, by a source that told the press the deal was worth $300 million.

Financial Illiteracy, Irrational Thinking Prevents People from Saving for Retirement

Throughout the Western world, only a minority of people save enough during their working careers to avoid a drop in living standards after retirement.

Teva Projects Generic Version of EpiPen to Consist of a Quarter of US Market

After a several-year delay, Teva received U.S. approval for its EpiPen in August 2018, but Schultz said more “validations” were mandated by the U.S. Food & Drug Administration, which it has completed.

Israel Launches World’s First Cyber Hotline for Victims of Hacker Attacks

“A cyber attack may not be limited only to property or financial damage. It can also threaten lives.”

Wine from Samaria Finds New Market in China

After two years of hard work and negotiations, the Psagot wine factory shipped their first container to China a few days ago.

Israeli Government Approves Export of Medical Cannabis

“This is a dramatic move that was approved only after it passed all the meticulous procedures by professionals in Israel."

Israeli Company Looking to Conquer European Hummus Market

Quality hummus tastes close to sour cream, and after you've eaten a lot of it, you'll still crave more. Factory hummus, by definition, is stale, sour, and mealy. It can't be helped.

Yeshiva University to Launch NYC-Based Hub for Israeli Startups

Students visited more than 15 startup firms in sectors such as cyber security, medicine, biotech, agrotech, finance and artificial intelligence.

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