Finances & Business Coalition-Opposition Fight Over Cheese PricesKadima MK places cottage cheese container on Netanyahu’s table, angering coalition chairman. Israel at 63: An ‘Export Superpower’Figures show Israel is an export superpower, having exported $80.5 billion in 2010 and having multiplied its exports by 13,400 since 1948.Bidding War Ends with Victories for Xfone and MirsTwo new competitors will try to carve out a place in Israel's cellular market place. Hopefully the consumer will benefit.![](http://k6s3v6r4.ssl.hwcdn.net/pictures/300x135/249617.jpg?autocrop=1 "Israel news photo: Flash 90\") Minimum Wage to Reach 4,300 Shekels by October 2012Treasury Minister and Histadrut Chief agree to raise minimum monthly salary by 450 shekels over 17 months. Deputy Bank of Israel Governor: I Agree with SheshinskiDeputy Governor of the Bank of Israel praises Israel’s economy and addresses the controversial issue of royalties from the natural gas bonanza. Electric Cars to Test in Israel"Better Place" receives permit to import electric cars to Israel; cars to arrive within two weeks. Netanyahu Explains Israel's Economic SuccessPM Netanyahu, talking business in a special interview with FoxNews this week, said Israel has become "an export-driven, high-tech economy." Israel Aims to Re-Attract Polish TouristsTourism Ministry announces a 2-million shekel advertising campaign in Poland, focusing on Jerusalem, Tel Aviv, the Dead Sea and Eilat.New Survey Indicates Large Oil Field Buried Under Negev SandA new survey indicates $2 billion worth of oil may be sitting under Western Negev sand. Meanwhile, Mediterranean drilling launches a new era.Report: the Poor are Getting RicherMarket researchers say poverty in Israel is decreasing, and have stats to prove it. They also have some advice for policy-makers.Buffett Wants to Invest Even More in IsraelAmerican investor who bought Iscar in 2006 says "If you are looking for brains-stop in Israel. If you have more investments like Iscar, call me." Beigel-Beigel Pretzel Plant May Pull Out of SamariaReports surface that Unilever wants to move 'Beigel-Beigel' plant from Barkan to "smaller" Israel. The firm's response: "We don't discuss details." Intel Adds 570 Jobs, NIS 10B in Kiryat Gat ExpansionA NIS 10 billion investment by Intel over the next eight years adds 570 jobs to its massive factory in the southern Israeli town of Kiryat Gat.Holiday Spending Up By 13 PercentIsraeli households are spending more this year for the holidays that began with Rosh HaShanah, the Jewish New Year.Golan Wind Farm Underway, Declared National ProjectNew wind farm in Golan Heights to be up and running by 2012. "Israeli energy without pollution or special transportation installations", says CEO. Yonatan Boofty is New Executive Director of Beit El FundraisingNew executive director of fundraising appointed for Beit El institutions.Israel Finds Trade Vistas in ChinaIsrael and China sign an agreement to cooperate in agriculture. More planned. Google Acquires Israeli CompanyGoogle acquires Israeli-based Quiksee, an interactive web video developer.Will Jewish Businessmen Invest in Israel?Prominent rabbi meets Jewish-American businessmen and asks them to invest in Israel. Fischer: Low Chances of Second RecessionBank of Israel Governor: chances of a second recession are no more than 25%.Report: Egypt to Buy Back Gas from IsraelFrequent power outages may cause Egypt to buy back natural gas sold to Israel as part of 2005 deal. Meged 5 Oil Well Compared to 'Giving of the Torah'Hundreds of investors converged on Jerusalem Monday to hear their faith in Meged 5 has paid off: black gold is gushing near Rosh Ha'Ayin. Harvard Sells Shares But Says: 'We Didn't Divest from Israel'Harvard University has sold millions of dollars of shares in Israeli companies but denies that it has divested from Israel.Israel in Bid for More Research & DevelopmentNew initiative in Israel will see the country paying bank employees’ salaries if they set up R&D centers. New Allegations in Madoff CaseProminent Connecticut financier accused of aiding Madoff scheme. Colorado Governor's Business Mission in IsraelGovernor of Colorado Bill Ritter is in Israel to create business, investment and research partnerships in energy, clean-tech, and water.Jerusalem Named Best City in ME by Travel and Leisure MagazineJerusalem has been named the best city in the region of Africa and the Middle East by New York-based 'Travel and Leisure' magazine. American Eagle Stores to Open in IsraelMove would expand the teen retailer's presence in the Middle East, joining the stores it has already opened in Dubai and Kuwait. Iran Suffering from $19 Billion Drop in Energy RevenueIs the tide turning against Iran? It lost $19 billion in oil income as energy exports fell sharply. Sanctions are hurting needed investments. FDA Approves Two Teva Pharmaceuticals Generics, Stocks GainTeva Pharmaceuticals enjoys the approval of two new generics by the US Food and Drug Administration, stocks rise. Israel 3rd Worldwide in 'Millionaire Growth' in 2009The number of Israelis who joined the "millionaire's club” grew by 42.7% during 2009, placing a total of 8,419 residents among the super-rich. Proposal: 33,000 New Jobs per YearCommittee says Israel can add 33,000 new jobs per year beyond natural growth; Steinitz promises jobs for hareidim, Arabs.Natural Gas Bonanza for Israel, Possible Oil Field as WellA survey of the Haifa coastline gas field shows the estimated size of the field has risen yet again. Oil may be present as well.Leumi Beats Estimates, Pushing Israeli Stocks UpIsrael's largest banks, Leumi and Hapoalim, lead a rise on the stock market. Leumi beats first-quarter estimates. Does Your Israeli Bank Want You?The U.S. government is cracking down on observance of an income reporting law that was basically ignored until now. Burger King to Close in IsraelAmerican fast food chain Burger King will cease making its famous Whoppers in Israel, almost 20 years after opening in the Jewish state. Greece Makes Israel Slip, World Markets SlideThe Tel Aviv Stock Exchange saw a drop on Tuesday, following a bailout annoucement for cash-strapped Greece, but suffered less than others. Google Makes First-Ever Israeli AcquisitionGoogle's first Israel acquisition has already created useful tools for iGoogle and Apple's iPhone.In Wake of Greek Economic Crisis, Israel Coping Better Than ManyThough world markets are reeling in the wake of the Greek financial crisis, Israel is faring better than many.First-Ever: Israel to Hold On-Line Tourism FairA world's first: Israel's Tourism Ministry goes live with a virtual on-line tourism fair to market Israel worldwide. Everyone Loves Israel's Stock MarketRampant worldwide anti-Zionism has made Israel a universal doormat, but the world looks at Israel stocks differently: an all-time high. You can Make it on an Israeli SalaryIsraeli salaries are not very high, but expenses are often lower. Here is advice for making it work.Teva Acquires German Generic Maker RatiopharmIsraeli pharmaceutical giant Teva has won the bid to acquire German generic drug maker Ratiopharm for $4.9 billion.Governor of Bank of Israel Stanley Fischer Agrees to Second TermGovernor of the Bank of Israel Stanley Fischer has accepted another five-year term at the invitation of Prime Minister Binyamin Netanyahu.Unemployed? Jobs Galore in IsraelThe Central Bureau of Statistics reported Tuesday that available jobs reached 43,600 in February, 8.2% higher than in January.Good Times: Israel's GDP, Jobs, Consumer Confidence Up, Up, UpA powerful rebound from the global economic crisis is making its mark in the job market.US, Israel Dicker Over the Price of FishThe United States and Israel are dickering over the price of fish – specifically, gefilte fish. And Passover is getting closer. Kosher Bulls and Bears for the Stock MarketA company may make lots of money, but is it kosher? Jewish investors increasingly are buying stocks with rabbinical approval.3 Tips for Financially Smooth AliyahThere are several things that can make Aliyah easier...Profit from Obama's Presidency? Yes You CanThe current political situation makes it difficult to find investments. Israel Company Reveals Smell-Enhanced PhoneIsraeli computer and telecommunications giant Comverse unveiled a multi-sensual feature for cellphones. It will enable callers to share smells.Making the World a Better PlaceTrue SRI investing is not as simple as it sounds. Proposal: Large Discount for 1st-Time Apartment BuyersAs housing prices continue to rise compared to average income, MKs propose: Exemption from VAT for first-time buyers on the periphery. Government Emphasis on Hareidi EmploymentMinister of Industry, Trade and Labor tells industrialists: special emphasis on providing jobs to hareidi and Arab sectors. Making it Easier for Women to Open a BusinessIsrael Tax Advisors Bureau announces a new initiative to help women who wish to open their own businesses. High Housing Prices in Jerusalem: Who's to Blame?A Jerusalem City Councilwoman is fighting to whittle local housing prices back down to a reasonable level by attacking the source of the problem. Must Read: HaRav S. E. Stern on ForexThe Hareidi Rabbi is shocked that his legal decision that profits from Forex were not to be classed as interest were taken as a reccommendation. |
