Israelis don’t have access to the variety of fabrics available in other countries. So they invent it themselves. And in the process they have regenerated a whole neighbourhood of Tel Aviv. http://www.youtube.com/watch?v=Q9VqedNnzTc&feature=player_embedded

The old joke was that if Moses had only turned right instead of left, Israel would have had rich oil reserves. Well now we know that Moses was being guided in the right direction after all. http://www.cbn.com/cbnnews/insideisrael/2011/June/Jackpot-Israel-on-Cusp-on-Energy-Revolution/

Israel’s leading provider of payment systems has been bought by S1 Corp. http://www.ynetnews.com/articles/0,7340,L-4088343,00.html

Indian digital marketing company Ybrant Digital Ltd has made its third major investment into Israeli mobile, digital and advertising technology companies. http://www.globes.co.il/serveen/globes/docview.asp?did=1000658542&fid=1725

Barclays Capital has good things to say about Israel’s prospects http://www.globes.co.il/serveen/globes/docview.asp?did=1000657749&fid=1725

Mmmmm – a new low-fat Israeli ice cream from goats’ milk. I’ll try the coffee flavour. http://www.ynetnews.com/articles/0,7340,L-4082745,00.html

The Israeli café chain Aroma has won the title of Kiev’s best coffee shop for the past two years. It has just opened its 3rd and largest (600 sq meters) branch in the Ukrainian capital. http://www.ynetnews.com/articles/0,7340,L-4083575,00.html

Only 5.8% of Israelis were looking for work in April; down from 5.9% in March and an all time record low. http://www.globes.co.il/serveen/globes/docview.asp?did=1000657244&fid=1725