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Latest News Israel

Targeting tumors without the pain of radiation

As reported by Israel21c: Scientists from Israel are developing a new way to destroy cancerous tumors that will have fewer side effects than traditional radiation therapy, and cause minimal damage to surrounding tissue. The innovative method developed by a professor at Tel Aviv University uses heat to kill the tumor cells, while leaving the surrounding […]

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Latest News Israel

Israeli wine steals award from traditional producers

As reported by Israel21c: The steadily rising profile of Israeli wines reached a global crescendo last month when Carmel Winery garnered the 2010 Decanter World Wine Awards trophy. The winery won the award for its red Rhone varietals in the upper price category. Read the full article here

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Latest News Israel

The algae that want to conquer the world

As reported by Israel21c: It almost sounds like the plot of a sci-fi thriller: A beautiful but deadly family of blue-green algae strong-arms other freshwater microorganisms into becoming their slaves, enabling them to take control of the water and threaten health the world over.  These dastardly cyanobacteria algae – the bullies of the freshwater playground […]

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Latest News Israel

On the HIV warpath

As reported by Israel21c: A substance that destroys cells infected with the deadly human immunodeficiency virus (HIV) has been developed by researchers at the Hebrew University (HU) of Jerusalem. The breakthrough, reported by ISRAEL21c in September, resulted from years of cooperative lab work between professors Abraham Loyter from HU’s Alexander Silberman Institute of Life Sciences […]

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Israel at Shanghai World Expo 2010

Under the slogan “Innovation for Better Life”, Israel will highlight innovation at its pavilion at Expo 2010 Shanghai along with traditional Jewish culture. This is the first time that Israel is building a national pavilion at a World Expo. The design of its pavilion resembles two clasped hands, symbolizing Israeli innovation and technology. The pavilion […]

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Latest News Israel

AOL buys web video start-up 5min Media

As reported in Globes.co.il : The deal, estimated at about $65 million, is AOL’s fifth acquisition in Israel.   US Internet giant AOL is buying Israeli web video start-up 5min Media. AOL confirmed the acquisition, which had been reported in technology blog All Things Digital.The value of the deal was not reported but sources close to […]

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Latest News Israel

IMF optimistic on Israel’s 2010 growth

As reported in Globes.co.il: The IMF forecast is higher than the Bank of Israel’s 4% prediction. The International Monetary Fund (IMF) forecasts 4.2% GDP growth in Israel in 2010, up from 0.8% growth in 2009. The optimistic forecast is contained in the IMF’s bi-annual World Economic Outlook report which was published today on the eve of […]

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Latest News Israel

TASE hits new record high

As reported in Globes.co.il: The Tel Aviv 25 Index passed its previous peak of 1,239 points in morning trading. The Tel Aviv Stock Exchange (TASE) reached a new all time high this morning. The Tel Aviv 25 Index of the largest companies traded on the TASE was up 0.3% in morning trading at 1,241 points beating […]

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Latest News Israel

Six-Year Plan for the Higher Education System

The plan includes a budget increase of NIS 7.5 billion for the higher education system, an emphasis on excellence in research and in the quality of education, integration of 2,000 new faculty members in universities and colleges, establishment of 30 research excellence centers, significant increase in the budgets for competitive research, and more. The plan, […]

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Latest News Israel

Citibank: Bank of Israel most credible central bank

“We think the Bank of Israel has emerged from the crisis as one of the most credible central banks Central and Eastern Europe, the Middle East, and Africa”, said Citibank analyst David Lubin this July. Lubin also predicts that Israel’s interest rate will reach 2.25% by the end of 2010, after two more rate hikes. […]