Monthly Archives: April 2014

70% rise in Ukrainian Aliya

Posted on April 27, 2014

Immigration to Israel from the Ukraine has risen 70 percent in 2014 due to the instability in that country. 375 new immigrants arrived in Israel in the first three months of the year, compared to 221 in the same period … Continue reading →

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After-school recycling

Posted on April 27, 2014

The ELA Recycling Corporation and the Israel Association of Community Centers are enrolling half a million children in educational programs and activities to collect, sort and recycle beverage bottles. Israel surpassed the US and Europe in meeting its plastic recycling … Continue reading →

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Did they use this to build the Temple?

Posted on April 27, 2014

Israeli archaeologists have found a Second Temple Era iron chisel, which may have served the builders of the Second Temple. The lead archaeologist said, “after two thousand years, we are in the possession of a work tool used by the … Continue reading →

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Israel to insulate US fridges

Posted on April 27, 2014

In the near future, when you buy a Whirlpool refrigerator, Israeli insulation will be keeping your food cool. Israel’s Hanita Coatings produces advanced thermal insulation technology that is up to seven times more effective than conventional plastic foams or fibrous … Continue reading →

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The busiest week for Israeli flights

Posted on April 27, 2014

A record 1.3 million passengers passed through Ben-Gurion International Airport on more than 8,200 flights during the Passover holiday; a 30 percent increase from 2013. The increase was partly due to the implementation of the “Open Skies” agreement signed by … Continue reading →

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Israeli income tax is less than most OECD countries

Posted on April 27, 2014

The average income tax rate in Israel is 21% (and falling) compared to the OECD average of 35.9% (and rising). Only three of the 34 OECD countries levy less income tax on its citizens than Israel. http://www.globes.co.il/en/article-average-israeli-income-tax-rate-among-lowest-in-oecd-1000933571 http://www.timesofisrael.com/oecd-report-highlights-israel-as-land-of-low-taxes/ http://www.oecd.org/tax/tax-burdens-on-labour-income-continue-to-rise-across-the-oecd.htm

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IBM launches Israeli start-up accelerator

Posted on April 27, 2014

IBM Corporation is joining the wave of technology incubator programs with the launch of its first-ever start-up accelerator in Israel. IBM Alpha Zone Accelerator will provide a 24-week program providing free use of IBM’s development tools and services up to … Continue reading →

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Israel’s splendid global integration

Posted on April 27, 2014

Yoram Ettinger’s latest financial report on Israel contains eight key indicators. All positive. http://www.icjs-online.org/index.php?article=5383

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$570 million for juvenile diabetes company

Posted on April 27, 2014

Israel’s Andromeda Biotech has been purchased by Hyperion Therapeutics for a total of $570 million. Andromeda’s DiaPep277 is a therapy for Type 1 (juvenile) diabetes. The drug is undergoing a Phase III clinical trial, with results due in the first … Continue reading →

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Trade with Singapore rises 44 percent

Posted on April 27, 2014

Total Singapore-Israel trade in the first quarter of 2014 surged 44.4% year-on-year to S$604.6 million (approx 483 million US dollars). Israel exported approx $300 million worth of goods to Singapore whilst $184 million worth of goods went in the other … Continue reading →

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