Israel's 50-day war with Hamas militants in Gaza forced the Bank of Israel to reduce its 2014 growth estimate on Monday and it left short-term interest rates unchanged on the view that two previous months of rate cuts were sufficient for now. The central bank expects Israel's economy to grow at a five-year low of 2.3 percent this year, down from a June estimate of 2.9 percent

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Gaza war forces Bank of Israel to cut 2014 growth view

Written on September 22nd, 2014 & filed under Israel Tags: , , , , , , ,

It is already common for intelligence agencies to recruit their officers online, but Israel's Mossad has gone one further by touting for local agents and informants too. Israel, which has full diplomatic ties with only two Arab countries, Egypt and Jordan, lacks embassies elsewhere in the Middle East that would-be informants could turn to, leaving it in need of other local recruitment channels …

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Israel's Mossad takes hunt for foreign spies and informants online

Jerusalem (AFP) – Israel's population is now more than 8.2 million, the Central Bureau of Statistics said on Monday, releasing new figures on the eve of Jewish New Year.

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Israel's population now tops 8.2 mn, figures show

Written on September 22nd, 2014 & filed under Israel Tags: , , , , , , , , , , , ,

TEL AVIV (Reuters) – Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country.

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Israel approves Intel's $6 billion investment in chip plant

Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country. Intel will receive a government grant of $300 million over five years and will be eligible to pay a corporate tax rate of only 5 percent for a 10-year period, the …

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Israel approves Intel's $6 bln investment in chip plant

Israel's economy is set to expand at 2% in 2014, its slowest rate since the peak of the global financial crisis, according to the Israeli Central Bureau of Statistics.

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Israel's Economy Hits Lowest Growth Rate in Five Years

Written on September 22nd, 2014 & filed under Israel Tags: , , , , , , , ,

Israel has some new neighbours. Al-Qaeda-linked rebels have, for the first time, established a permanent presence on the Syrian frontier.

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Israel worries as al-Qaeda affiliates gain control of Syrian side of Golan frontier


Understanding the Middle East Israel and Lebanon Political and Social Analysis 1989 2 clip4 By: NEW 05

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Understanding the Middle East Israel and Lebanon Political and Social Analysis 1989 2 clip4 – Video

Written on September 21st, 2014 & filed under Israel Tags: , , , , , , , , ,

Pressuring Palestinians to pass on information to Israel is a violation of the Geneva conventions,says rights group.

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Israel in 'grave breach' over informants

Written on September 21st, 2014 & filed under Israel Tags: , , , ,

Sept 21 (Reuters) – Israel's industrial production fell by a seasonally adjusted 0.8 percent in July after a 0.5 percent drop in June, the Central Bureau of Statistics said on Sunday.

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TABLE-Israel industrial output -0.8 pct in July