The Bank said recent increases in the index indicate continued recovery in economic activity According to Bank of Israel figures released last Thursday, Israel’s economic performance index, or “S” index, rose 0.2% in January, its 11th increase in a row. In a statement accompanying the figures, the Bank said that the rise was […]
Category: Latest News Israel
As reported in the Invest In Israel Newsletter, Israel’s central bank has raised its economic forecast for 2010, citing an improved outlook for global growth and world trade. The Bank of Israel now expects the economy to grow 3.5% this year, compared with its previous forecast last September of 2.5%. Earlier, Bank of America-Merrill Lynch […]
Categories
Taking the Textbook Approach
Australian Financial Review Report: Stanley Fischer wrote the book on economics. His textbook, Macroeconomics, educated the past generation of economists. He supervised the PhD thesis of Fed Governor Ben Bernanke at MIT. So you would think Fischer would be a little ashamed of his profession in the wake of the Global Financial Crisis. Has he […]
Tel Aviv, February 10, 2010– Toronto Stock Exchange and the Tel Aviv Stock Exchange (TASE) announced the signing of a Memorandum of Understanding (MoU) to formalise cooperation between the markets. Under the MoU, the exchanges will work to broaden relations between them by developing channels of communication; advancing opportunities for cross listing; supporting the respective […]
Teva Pharmaceutical Industries Ltd. nnounced today that several of its subsidiaries in the United States reached a settlement in principle to resolve claims brought by Ven-A-Care of the Florida Keys, Inc. on behalf of the United States, Texas, Florida, and California under federal and state False Claims Acts. Together with many other pharmaceutical manufacturers, Teva […]
Delek Europe BV (hereinafter “Delek Europe”), a foreign subsidiary (held in concatenation 80% by Delek Petroleum Ltd and 20% by Delek The Israel Fuel Corporation Ltd.), has today submitted a binding offer to BP for the acquisition of its retail fuels and convenience business in France, including approximately 416 BP petrol stations throughout the country […]
As reported in the Invest In Israel Newsletter, NASA and the Israel Space Agency have signed a joint statement that recognizes the Israel Network for Lunar Science and Exploration (INLSE) as an affiliate partner with the NASA Lunar Science Institute. The INLSE will bring technical and engineering expertise to advance the broad goals of lunar […]
As reported in the Invest In Israel Newsletter, Four Israeli start-ups won the 2009 Red Herring Global 100 Awards. The winners are video conferencing solutions developer Qoof Ltd, Panaya Inc, which creates software that reduces the cost and risk of making changes to ERP systems, Internet video and P2P caching solutions developer Oversi Ltd and […]
As reported in the Invest In Israel Newsletter, Israel’s Weizmann Institute of Science was ranked as the second best international academic institution in which to work outside the United States by “The Scientist” magazine. Weizmann was ranked the top scientific institution outside the US twice over the past 5 years and in 2008 was followed […]
As reported in the Invest In Israel Newsletter, International risk rating agency BDI Coface raised Israel’s country risk rating by one grade to A3 from A4. Israel now has the same risk rating as the U.K., Italy and China. The country rating upgrade, which reduces foreign trade credit insurance premiums and raises potential credit levels, […]
israeltrade.org.au 