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Minister: Post Office Banks To Turn "Social"

Communications Minister Moshe Cachlon says he wants to make Israel's postal banks more "social", to provide service to outlying communities.Malkah Fleisher, 11/23/2009, 11:06 PM

Fischer Surprise: 0.25% Interest Hike

Prime rate is up to 1.0%. The decision comes as surprise to market movers.Gil Ronen, 11/23/2009, 7:25 PM

Fischer: Israeli Economy Stronger Than Most, Could Be More So

Bank of Israel Gov. Stanley Fischer said that Israel's national economy was more resilient than most in facing the current global economic crisis.Nissan Ratzlav-Katz , 11/16/2009, 11:16 PM

Global Crisis Leads to Sale of Jewish Property in Jerusalem

The global economic downturn has hit many. In the case of one Jewish man in the US, the result is an ideological crisis that impacts Jerusalem.Nissan Ratzlav-Katz , 11/16/2009, 9:39 PM

Schwarzenegger to Sign Cooperation Treaty with Israel

California governor is in Israel for Saban Conference, will sign agreement for strategic commercial cooperation with Jewish state. Gil Ronen, 11/14/2009, 8:24 PM

Ketzaleh Supports Farmers' Demands

MK favors struggle of the agriculturalists of the South for more foreign worker permits, but also wants more Jewish labor.Gil Ronen, 11/8/2009, 11:04 PM

Do Olim Unwittingly Pay More for Water?

MK Levin: immigrants unaware that they need to inform supplier of number of people in the apartment for calculation of their water rate.Gil Ronen, 11/4/2009, 5:55 PM

IAI Flies High with New Business Jet

Israel Aerospace Industries launches a new business jet billed as the most spacious, fastest-flying jet in its category. Gil Ronen, 11/3/2009, 8:51 PM

Int'l Delegations, Trade Shows and Conferences Flood Israel

Israel is hosting an array of international delegations, trade shows and conferences this month, drawing global leaders in their respective fields.Nissan Ratzlav-Katz, 11/3/2009, 5:46 PM

Unmatched Israeli Innovation Praised in New Book

A new book, 'Start-up Nation: The Story of Israel's Economic Miracle', says "Israel is not just a country, but a comprehensive state of mind."Nissan Ratzlav-Katz, 11/2/2009, 11:35 PM

Poverty Levels Stable for 2008

The level of poverty in Israel remained stable in 2009, says annual NII report. Maayana Miskin, 11/2/2009, 8:22 PM

Businessman: Biggest Deal in Israel's History Shows 'Anyone Can'

Israeli businessman Ilan Ben Dov completed the largest purchase ever in Israel. Ben Dov bought control of 'Partner,' operator of 'Orange.'Yoni Kempinski, 11/2/2009, 6:42 AM

Farmers Demand Foreign Labor, Sales to Gaza

Farmers clashed with immigration police Monday and demanded foreign laborers. Fruit farmers want increased sales to Gaza.Maayana Miskin, 10/26/2009, 5:50 PM

Israel’s New War: Bank of Israel vs. Speculators

Israel is engaged in a new war as speculators have attacked the shekel-dollar rate, bringing it down to an eight-month low on Tuesday.Tzvi Ben Gedalyahu, 9/22/2009, 5:09 PM

High Holidays on a Low Budget

An American-born, Israeli-trained financial coordinator has some advice for getting through the expensive High Holiday stretch on a tight budget.Nissan Ratzlav-Katz, 9/15/2009, 11:01 AM

Pre-Rosh Hashanah: How to Avoid Fake Honey

As Israelis make their purchases for the upcoming holidays, authorities warn consumers to avoid fake honey.Maayana Miskin, 9/14/2009, 5:58 PM

Gas Bonanza Investors Ready to Dive in Dead Sea for Black Gold

The Dead Sea is alive with oil, believes Yitzchak Tshuva, who heads the consortium that found billions of dollars of gas in the Mediterranean.Tzvi Ben Gedalyahu , 9/10/2009, 10:40 AM

Siemens Invests $15 Million in Negev-Area Solar Power Company

In what amounts to the largest foreign investment in Israeli solar energy development, Siemens is investing $15 million in the Arava Power Company.Nissan Ratzlav-Katz, 9/8/2009, 4:41 PM

Radio: L'chayim! The Wonderful Wines of Israel

Israel's vineyards and wineries are a symbol of the country's growth, fertility, sprouting, 9/8/2009, 6:01 AM

Kosher Chickens Can Fly: Israel to Export More Poultry to US

Israeli exports of kosher chickens expected to expand following recent approvals from the US Department of Agriculture.Zalman Nelson, 9/4/2009, 11:09 AM

The Promised Land - 'New Economic Model for United States'

European Jews once believed US roads were ’paved with gold’ and Israel was for “refugees.” CBS MarketWatch says Israel now is a model for the US. Tzvi Ben Gedalyahu, 9/1/2009, 2:02 PM

Lev Levayev: Investing in US Was a Disaster

America is not worth so much anymore. Lev Levayev blames investments in the US for the $400 million loss that caused financial panic in Israel. Tzvi Ben Gedalyahu, 8/31/2009, 11:44 AM

Fill’er Up Before Monday Night: Diesel Fuel Cost to Soar

Another hike in taxes will cost drivers of diesel vehicles 50 agorot (13 cents) a liter. The cost of benzene also will rise.Tzvi Ben Gedalyahu, 8/30/2009, 1:01 AM

Israel ‘Super Gas’ Field is World’s Largest in 18 Months

Israel’s Tamar gas field discovery gets bigger every day. It is estimated to be the world’s largest find in 18 months and is valued at $8 billion.Tzvi Ben Gedalyahu, 8/26/2009, 6:08 PM

Egypt to Raise Gas Prices to Israel by 50%

The Israel Electric Company is expected to approve an upgrade of its business relationship with Egypt’s gas company – at the expense of Israel’s. Hillel Fendel, 8/26/2009, 5:53 PM

Israel Becomes First to Raise Interest

Bank of Israel Governor Stanley Fischer announces 0.25% interest hike, making Israel the first to raise interest since global financial crisis hit.Maayana Miskin, 8/24/2009, 8:02 PM

El Al Wins Tel Aviv-Eilat Route

After a Civil Aviation Authority rejection, El Al receives a special dispensation from the Transportation Minister to fly commercially to Eilat.Hillel Fendel, 8/24/2009, 2:09 PM

Israel Leads the World Coming Out of Recession

The Israeli economy grew by 1% annually in the second quarter, one of the first countries in the world to come out of the global recession.Tzvi Ben Gedalyahu, 8/17/2009, 8:35 AM

Fischer Resumes Dollar Buying Binge

Fischer pulled another rabbit out of his hat and performed his favorite trick – buying more dollars to weaken the shekel. How long will it work? Tzvi Ben Gedalyahu, 8/4/2009, 9:04 AM

Shekel Flexes Muscles as ‘Obama Dollar’ Sinks

The US dollar, eroding under Obama’s spending program, is worth its weight in shekels as the exchange rate reaches it lowest level in a year. Tzvi Ben Gedalyahu, 8/3/2009, 9:59 AM

Israeli Firms Outperform Stock Market

Israeli-based Teva Pharmaceuticals has shrugged off the financial crisis and expects to report record earnings. Other Israeli firms healthy too.Tzvi Ben Gedalyahu, 7/27/2009, 11:45 AM

Hareidi Employment Up; Bank of Israel Gov: They Must Work More

Bank of Israel Gov. Fischer: int'l economy showing signs of recovery. He tells hareidi sector: The Sages taught that people must go out to work.Hillel Fendel, 7/20/2009, 6:30 PM

Fischer: Israel One of World’s Safest Places for Investors

Israel has been a Rock of Gibraltar in the global crisis. S&P retains its bond rating. Stanley Fischer says Israel is one of the world’s best bets.Tzvi Ben Gedalyahu, 7/19/2009, 2:12 AM

Israel’s New Economic Status Worth $1 Billion yahh

Bad news turns to good: Israel’s projected $2 billion loss for being an “emerging market” may be offset with $3 billion for a “developed market.”Tzvi Ben Gedalyahu, 7/18/2009, 3:06 AM

Advertising in the Hareidi World

Hareidi-religious experts in the fields of advertising, marketing and branding hold a conference on “breaking boundaries.”IsraelNN TV staff, 7/16/2009, 10:34 PM

Blue and White Gas: Israel to be Self-Sufficient for 20 Years

New estimates of a natural gas field off the Haifa Coast will allow Israel to be self-sufficient in energy for two decades, investors predict.Tzvi Ben Gedalyahu, 7/8/2009, 10:37 AM

Tourism Takes from Germany with New Berlin-Tel Aviv Route

Good news for Israel’s tourism industry: Germany’s second largest airline has inaugurated a twice-weekly flight connecting Berlin and Tel Aviv.Tzvi Ben Gedalyahu, 7/7/2009, 7:13 PM

Clalit Health Services to Downsize, Close Hospitals

Clalit Health Services is eliminating 790 jobs and closing two hospitals as part of an agreement signed with the Ministry of Finance last week.Zalman Nelson, 7/7/2009, 12:04 PM

'Run, Hadji, Run' Fireworks Blows Up in Wisconsin

A Wisconsin, US fireworks retailer is pulling a firework off its shelves after Muslim activists decried the product as "derogatory".Malkah Fleisher, 7/6/2009, 1:19 PM

Union Unplugs Traffic Jam, Reaches Accord

The Union of Local Authorities called off a protest that was to clog Jerusalem roads and instead reached an accord with the government.Tzvi Ben Gedalyahu, 7/6/2009, 8:39 AM

Fischer: Economy Improving, but Effects of Crisis to Worsen

Bank of Israel head Stanley Fischer says the worst of the global financial crisis is over, but warns that the practical effects may worsen.Maayana Miskin, 7/2/2009, 5:53 PM

Israeli Firms Bid for Unique ID Card Project

Israeli and Indian technology firms in a joint bid for a unique identification card project for the Indian government.Zalman Nelson, 7/2/2009, 2:49 PM

Israel Loan Guarantee Program Re-Approved by US

The United States has re-approved its Israel loan guarantee program of $9 billion over three years. The program was initially launched in 2003.Zalman Nelson, 6/30/2009, 6:45 PM

Investment Houses: Israel the Land of Economic Promise

Israel is really the Promised Land, according to three international investment houses that see a rosy future for the Zionist economy.Tzvi Ben Gedalyahu, 6/30/2009, 1:43 PM

Produce Vendors Warn: ‘Political Death as Sure as Taxes’

Produce vendors warned Monday that if the VAT tax on their goods rises by one percent, Prime Minister Netanyahu is as good as dead politically.Tzvi Ben Gedalyahu, 6/29/2009, 1:35 PM

AOL Director In Country To Join Israel's 'GarageGeeks'

AOL CEO Tim Armstrong arrives in Israel Monday, representing the global Internet services and media company at a 'GarageGeeks' event in Holon.Malkah Fleisher, 6/29/2009, 12:04 PM

Philippines, Israel Strengthen Ties

Philippines Tourism Minister Durano is on his first-ever visit to Israel this week, strengthening the existing ties between the two countries.Nissan Ratzlav-Katz, 6/23/2009, 8:15 AM

Israel’s New Economic Status Worth $1 Billion

Bad news turns to good: Israel’s projected $2 billion loss for being an “emerging market” may be offset with $3 billion for a “developed market.”Tzvi Ben Gedalyahu, 6/17/2009, 3:31 PM

Jerusalem's Biomedical Sector a Growth Industry

The biomedical sector in the capital has grown by 20% in the last three years, and Mayor Barkat plans to raise another 100 million NIS by 2015.Nissan Ratzlav-Katz, 6/15/2009, 10:19 PM

Jerusalem to Begin Massive Investment in Biotech Companies

Jerusalem will invest a whopping NIS 100 million in health and life science companies in a bid to create jobs in Israel's capital.Malkah Fleisher, 6/15/2009, 2:28 PM

$2 Billion Decision May Sink Shekel

The MSCI global market agency is expected to announce Israel now is a developed market. The complimentary status may cost the economy $2 billion. Tzvi Ben Gedalyahu, 6/15/2009, 1:20 PM