Israel’s 88 year-young President Shimon Peres has recently become the publisher of an online daily named Shimon Post. The daily edition has a pretty wide distribution and includes articles published on the world’s leading media outlets on economics, politics and … Continue reading →

The fund aims to help small and mid-sized Israeli enterprises alleviate the credit crunch caused by the debt crisis in Europe and global economic slowdown http://www.globes.co.il/serveen/globes/docview.asp?did=1000708687

Israel’s Composite State of the Economy index increased by 0.2% in November. There was growth in manufacturing and in the exports of goods and services. Imports declined slightly. http://www.bankisrael.org.il/press/eng/111219/111219a.htm

The Consumer Price Index (CPI) for November fell 0.1%. This was a major surprise with analysts predicting that the index would rise by 0.2%. This is the third consecutive month that the index has been below analysts’ expectations. http://www.globes.co.il/serveen/globes/docview.asp?did=1000707351&fid=1725

Israel’s finance minister Yuval Steinitz made the offer during his visit to India. India has scrapped a planned pipeline from Iran via Pakistan due to security considerations. http://www.jpost.com/International/Article.aspx?id=250025

The partners in the Dolphin 1 field 110 kilometres west of Haifa have officially announced the discovery of natural gas. Estimates are that there is 0.55 trillion cubic feet (TCF) in the field. http://www.globes.co.il/serveen/globes/docview.asp?did=1000707447

The Bank of Israel’s Composite State-of-the-Economy Index for February increased by 0.2 percent. It reflects increases in industrial manufacturing, goods and services exports, and in trade revenue. December and January values were revised upwards following new updates. http://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/19032013z.aspx