Iran Saudis Spar on Oil Prices
Iran is pushing for lower oil production to keep prices high as demand increases but slows
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Business & Economy
News and updates about Business & Economy
'Go Green' and Make Money
Israel’s "green machine" helps make the country energy independent, lessens the need to buy coal from Israel-haters and makes money for homeowners.
Egypt-Israel Deal ‘Out of Gas’
The latest Egyptian-Israel gas pipeline blast signals a further erosion of “goodwill” from Cairo, says Landau. Electricity prices to soar.
Jellyfish Attack Electric Plant
Jellyfish have attacked a power plant in Ashkelon, just days after workers in Hadera warned their own plant was facing a similar invasion.
Debt Contagion Threatens Italy
Europe's failure to convincingly tackle the problems in the smaller states has now created doubts about the major economies.
Tourism Set to Break Records
262,000 visitors entered Israel in June 2011– a record for the month of June. In the first half of 2011, 1.6 million visitors arrived in Israel.
IsraAID to Help South Sudan
The Israel Forum for International Humanitarian Aid (IsraAID) will help the world's newest country get started.
Lebanese-Israeli Energy War?
Lebanon warns Israel is “playing with fire” by staking out energy claims in the Mediterranean. Beirut says Israel’s discoveries belong to Lebanon.
Israeli Diamonds Among the Best
AN international jewelry and diamond exhibition took place this past week in one of the world's best-known diamond making countries: Israel.
Pro-PA Fly-In Stymied in Europe
European authorities have blocked anarchists from joining the "fly-in" into Israel's Ben Gurion International Airport.
Lake Kinneret Water Level Drops
The water level in Lake Kinneret (the Sea of Galilee) has dropped 20 centimeters in the past month, according to environmental officials.
EU Rules Won't Fly Say Airlines
The European attempt to impose emission curbs on foreign carriers outside its airspace is facing heavy resistance.
Bezeq's Internet Cable to Italy
Internet provider Bezeq International has completed installation of the first segment of an underwater cable to Italy.
Jellyfish Threaten Israeli Power
Jellyfish have become the latest threat to Israeli energy consumption as the creatures begin to clog the power station at Hadera.
‘Short Week’ Idea May Not Work
A proposal to put Israel on a shortened work week, with Friday a half-day and Sunday a vacation day, may be buried before it gets off the ground.
China Threatened by Bad Debts
Moody's warned that Japanese Banks were exposed to problematic loans, particularly to local governments.
Gas Flow from Egypt Resumes
Gas began to flow again from Sinai to Israel Tuesday night as Egypt determined that the pipeline bring gas to Israel was only slightly damaged.
EU Unity? Not for Jobs
Ian Duncan Smith,Labor and Pension Secretrary, complains that jobs created are being swallowed up by immigrants
EU Bailout is a Greek Tragedy
The austerity package that passed the Greek Parliament and the parallel injection of credit is a major gamble that could make things worse.
European E. Coli from Egypt?
An outbreak of the deadly E coli bacteria that spread across Europe last month has been traced to fenugreek seeds from Egypt.
Denmark Blocks Israeli Security
Denmark is refusing to allow Israeli security personnel to carry arms and conduct routine security checks of passengers at Kastrup Airport.
Sarkozy Bucks the Tide
France already gets most of its power from nuclear energy and is sticking with it for competitive and ecological reasons.
Greece Paralyzed By Strike
Greece is voting with its feet against austerity with a 48 hour general strike that will contribute further to the country's problems.
Keeping Israeli Business Israeli
Knesset Speaker Reuven Rivlin called on Israeli corporate executives not to rush to give up control of their companies to foreign elements.
New Plan to Preserve Dead Sea
Tourism Minister Stas Misezhnikov is hoping to persuade the prime minister Monday to adopt a plan to keep the Dead Sea from dying.
Apple Removes '3rd Intifada' App
Anti-Israel computer application called “The 3rd Intifada” has been removed from the Apple App Store for violating its developer guidelines.
Israel Okays Gaza Construction
Israel has given the go-ahead for a building project in Gaza. A massive amount of construction materials will be transferred.
PA Claims 'Gas' Theft Near Gaza
The Palestinian Authority accuses Israel of "stealing" its natural gas resources by authorizing exploration of Gaza waters for gas fields.
Bill: 2.5-Day Weekend
MKs Elkin and Levine propose Friday-Saturday-Sunday weekend bill in support of similar initiative by Minister Shalom.
El Al Damage Began in Singapore
Damage that caused an El Al passenger plane in Israel to make an emergency landing last month has been traced to Singapore.
‘10,000 New Homes per Annum’
Cabinet decides to formulate National Housing Commissions Law to cut through red tape and solve housing shortage.
Kyoto Protocol Extension Unsure
The stormy economic climate is buffeting the efforts to control greenhouse gas emissions. Even the EU is balking.
GE to Build New R&D Center
General Electric is pumping another $3-5 million into Israel with its eighth R&D, this time focusing on medical devices and CleanTech.
Israeli Tech Heading to Paris
At next week's Paris Air Show, Israel will, once again, put on display some of the groundbreaking defensive and weapons systems developed here.
Citigroup Unit to Acquire Ness
Israel's Ness Technologies is to be acquired by Citigroup's international venture capital unit in a deal valued at $307 million.
Italy Votes No to Nuke Power
Italy's referendum result creates two distinct camps within Europe on the nuclear power issue.
Fischer Runs for IMF Head
Bank of Israel Governor Stanley Fischer has officially announced he is in the running to head the International Money Fund.
Super Tech Projects on Display
Students at the College of Management - Academic Studies showed off their high-tech prowess with some great ideas and inventions.
Papandreou Referendum
Perhaps the idea of confronting a Greek referendum on the bailout can concentrate the minds of the EU elites.
Turkey 3rd-Largest Export Market
Despite political tensions, Turkey has become Israel's third-largest export market, up from ninth-largest last year.
