Skip to content

Tag Archives: economic crisis

Tough To Kill: Israel’s Economy and the Global Economic Collapse

30-Oct-09

“When it comes to U.S. military résumés, Silicon Valley is illiterate. It’s a shame. What a waste of the kick-ass leadership talent coming out of Iraq and Afghanistan.”
JON MEDVED
Although it goes humbly un-boasted – perhaps due to antisemitism and worldwide Zionist bashing – Israel has managed to thrive during the recent global economic crisis. [...]

World Wide Suicide

26-Oct-09

Former Maccabi Tel Aviv manager Moni Fanan is not unique in his tragic suicide. The last year, characterized by the current recession, has been responsible for countless other suicides and tragic incidents.
Ronan Bell, a 35-year-old Venice man from Venice, California, killed himself last month at a beach pier, when his financial debts drove [...]

Bibi Folds

08-Jul-09

People power has apparently won concerning the Finance Ministry’s proposed plan to impose VAT on fruit and vegetables sold to Israeli consumers in open air markets as well as in regular supermarkets. After intense pressure from a number of groups, including fruit and vegetable vendors themselves (who staged wholesale dumping of their produce at open [...]

Greenback bashed again as exchange slips below NIS 4

26-May-09

The U.S. Dollar, also known recently as “Obama Bucks” slipped below the NS 4 benchmark rate Friday for the first time in five months. The greenback’s international weakness, aggravated by the ongoing world recession and the immanent possible bankruptcy of giant U.S. automaker General Motors has resulted in the US currency falling against other major [...]

Rioting Peasants Shake Up the Royal Court

10-May-09

The Israelite king, Benjamin I, was deeply troubled. Following his economic decrees from the Royal Court in Jerusalem, his loyal subjects were on the verge of rioting – even to the point of marching on the Royal Palace with buckets of tar and sacks of feathers.
“What have I done to deserve this outrage?”, he [...]

AIG Israel and the American bailout scandals

22-Mar-09

While the ongoing AIG bailout money scandal appears to be gathering momentum in the U.S. many people in Israel are wondering how this may be affecting the insurance consortium’s affiliate in this country, especially in light of the on-going economic recession that is now fully entrenched in Israel. AIG’s attempt to have an increasing share [...]

The main election issues in Israel

08-Feb-09

Parliamentary elections are only a few days away, and ongoing pre-election polls are trying to determine what the most important issues are in regards to which political party, or parties, in Israel’s usual governmental coalition formations afterwards will wind up forming the next government.
In the aftermath of the just completed 22 day military operations [...]