The economy in Israel grew at an annualized 4.4% in the fourth quarter of 2009. This is its strongest spurt in nearly two years, while the nation continues its recovery, quickly, from a short downturn.
The Central Bureau of Statistics on Tuesday also left unchanged the third-quarter growth, which was of 3.0% and the full [...]
“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. [...]
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 [...]
The rock group Depeche Mode has come and gone, and so has the Lag B’Omer wiener roast and marshmallow toast. But P.M. Bibi Netanyahu and his so-called Chancellor of the Exchequer, Yuval Steinitz, continue to sink in the financial quagmire, they seem to have created by trying to be clever with the Israeli public.
As their [...]
In what many people are considering to be a shocker, the Netanyahu government’s Finance Ministry announced their proposed economic plan on Thursday. The Finance Minister, Yuval Steinitz (or is it really Bibi with Steinitz only filling the position as a “stooge” for Netanyahu), presented the new budget, which includes some changes that are reminiscent of [...]
If nothing extraordinary occurs, 3 months from now Benyamin Netanyahu will be once again Prime Minister of Israel, while Barack Obama sits at the Oval Office in Washington, DC.
How will they communicate with each other? Netanyahu is a devoted Capitalist, who’s currently promising his constituency to be a strict hard-liners when it comes to security [...]
It’s been said to be the biggest economic crisis in America since 1929. So far we’ve seen the collapse of Lehman Brothers, Merrill Lynch, and AIG, and there’s no end in sight.
Obviously, the markets around the world reacted badly, with vast depreciation of rates, especially in Asia. Israel saw a poor day on Monday as [...]
Israel's News & Views Blog
