A new book called “Start-Up Nation: The Story of Israel’s Economic Miracle,” explores the culture behind Israel’s economic success and maintains that those same factors which allowed Israel to excel would ensure its continued growth among the economic leaders of the world. The book’s authors, Dan Senor and Saul Singer, who interviewed more than 100 […]
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“Israel is one of only four A-rated countries that will emerge from the recession in 2009” – Fitch Credit rating agency Fitch Ratings reiterated Israel’s sovereign debt rating at A with a “Stable” outlook, while Israel’s domestic bond rating was maintained at A+ with a “Stable” outlook. Fitch follows Moody’s Investors Service and S&P, both […]
US computing giant IBM is acquiring database security company Guardium for $225 million. Guardium, which was founded in 2002 as a subsidiary of Israel’s Log-On Software, has been headquartered in Boston, Massachusetts since 2003.
Over the past few years IBM has acquired more than 20 Israeli companies, alongside its large investment in its Israeli research and development facilities . IBM has over 2000 employees in Israel located in Haifa, Rehovot and Jerusalem.
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Green energy scheme ‘a fraud’
The Sydney Morning Herald reports that KEVIN RUDD’S environmental agenda is under attack on two fronts, with the country’s biggest private renewable energy business declaring his green power target at risk of failure. As criticism of the emissions trading scheme grows bolder after the fractured Copenhagen summit, AGL has labelled the administration of the the […]
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Water concerns still strong in cities
As seen on the Smart Watermark website, the annual Newspoll WATER SAVING SURVEY conducted for Smart WaterMark indicate that Australia’s capital city residents are less concerned about water than they have been for the past two years, although more than 90% of respondents surveyed still think the situation is pretty serious. Adelaide and Melbourne residents […]
MSCI Barra, the leading provider of investment decision support tools to investment institutions worldwide, will reclassify the MSCI Israel Index to Developed Markets coinciding with the May 2010. Upgraded Israel from emerging market to developed market is a proof of the great achievement of the Israeli economy and is going to have a big impact on […]
Australia rose nine rungs from eleventh place in 2008 to the world’s number two financial centre in 2009, according to the World Economic Forum’s (WEF) ranking of global financial centres. read more
The International Monetary Fund (IMF) has cited Australia as the only advanced economy on track to record positive growth in 2009 and commended the country for its “enviable fiscal position“. read more
Following a turbulent year marked by the global economic crisis, Australia has revealed its ability to outperform most developed economies. This enviable position has been heightened by Australia’s six place ranking in the 2009 World Prosperity Index, leading the Asia Pacific region. Read more
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Increased Demand for Kosher Food
The Kosher food section at Coles Pagewood has expanded due to a shift of the Jewish population from its Eastern Suburbs heartland further south to Randwick, Maroubra and the like. A Coles spokeswoman confirmed the expansion of its kosher range at Eastgardens had been a direct response to increased demand.This follows the trend of an […]
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