Knesset Member Moshe Gafni (United Torah Judaism), who heads the committee, promised Steinitz “a difficult debate…you can’t cut taxes for the upper echelons while driving the price of produce up and raising VAT [Value Added Tax, Israeli sales tax], thus increasing the impact on the lower echelons. “The committee,” added Gafni, “will not vote inContinue Reading »
Recently, an Israeli citizen complained to the Israel Security Agency that he had been contacted on “Facebook” by a man purporting to be a Lebanese merchant, who asked him to pass along classified information in return for payment. This incident joins many others that have been identified by the security services. Personal information—such as names,Continue Reading »
According to the Central Bureau of Statistics, 222,000 of incoming tourists stayed at least one night in Israel (a decrease of 13% compared to April 2008), and 29,000 were day visitors (a decrease of 17% compared to April 2008). A significant increase was recorded in the number of tourists arriving on cruises—5,200 in April 2009Continue Reading »
Netanyahu said that the two discussed the currently proposed Arab League initiative, “but only in regards to the markedly more positive spirit displayed by Arab nations compared to the 'Three Nos' adopted in the Khartoum Conference, nothing beyond that.” The prime minister said that Israel shares Obama's view that as many Arab nations as possibleContinue Reading »
According to data published by Israel's Central Bureau of Statistics, the economy slumped at a rate of 3.6% in the first quarter of 2009. The Bank of Israel forecasts that GDP growth will shrink to 1.5% this year, creating the worst recession since the state was founded in 1948. Foreign investment is down by 30%,Continue Reading »
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