Monthly Archives: February 2018

Currency reserves increase by $4.6 billion

Posted on February 12, 2018

Israel’s reserves of foreign currency jumped by a record $4.6 billion to a new high of $117.6 billion at the end of January, compared to the end of December. http://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-2-18.aspx

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Investment grade, with a positive outlook

Posted on February 12, 2018

Ratings agency Standard & Poor’s has reaffirmed Israel’s credit rating at its third highest “investment” grade, with a positive outlook. S&P praised Israel’s prosperous and diverse economy, strong external balance sheet, and flexible monetary framework. https://www.timesofisrael.com/sp-holds-israels-rating-at-investment-grade-with-a-positive-outlook/

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A new sanitation system

Posted on February 12, 2018

Israeli startup Soapy has set-up simple hygiene stations in Bagepalli, India to provide children with hand-washing facilities in rural areas and slums where there is no running water. The station takes water from the air, adds soap and dispenses the … Continue reading →

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Protecting trains from cyber-attack

Posted on February 12, 2018

Israeli startup Cylus is developing technology to protect railway and metro systems from cyber-attack. Its solution enables rail companies to detect cyber-attacks in their operational network (including signaling systems and rolling stocks) and block attackers before they can cause any … Continue reading →

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Protecting websites from hijacking

Posted on February 12, 2018

Israel’s PAGESEAL blocks malicious attempts to steal customers away from retailers’ websites. https://www.youtube.com/embed/3oeL7TCFstc?rel=0 https://www.pageseal.io/

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Satellite broadband for Australia

Posted on February 12, 2018

Israel’s Gilat Satellite Networks reported that its satellite platform has been selected by NBN and Speedcast to provide broadband services to businesses and government customers across Australia, especially remote areas. The deal is worth tens of millions of dollars spread … Continue reading →

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Earthquake warning systems

Posted on February 12, 2018

Israel is installing a tsunami warning system along its Western coast at Ashdod, Hadera and Haifa. It is also installing a 120-sensor earthquake early-warning system in the East, adjacent to the Great Rift Valley.  Both systems are expected to be … Continue reading →

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Ethiopian-Israeli wins X-Factor Israel

Posted on February 12, 2018

Ethiopian-Israeli Eden Alene, 17, of Jerusalem, won Israel’s “X-Factor 2018.  Her performance of pop star Demi Lovato’s song “Stone Cold” went viral.  Alene, who was raised by her Orthodox Jewish single mother, sang “Human” by Christina Perri for her final … Continue reading →

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UK Defense Secretary – “Israel is a beacon of light”

Posted on February 12, 2018

Speaking to the Conservative Friends of Israel, the UK’s Secretary of State for Defense, Rt. Hon. Gavin Williamson MP, praised Israel as a “beacon of light and hope, in a region where there is so much hatred and hurt”. https://cfoi.co.uk/defence-secretary-gavin-williamson-hails-amazing-relationship-with-israel-at-cfi-parliamentary-reception/

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A cyber security superpower

Posted on February 12, 2018

Former CIA director Gen (Ret) David H. Petraeus hailed Israel as “a small country in all aspects, but it is a cyber superpower.”. He was speaking in Tel Aviv at CyberTech 2018. The 3-day event attracted 15,000 attendees from 80 … Continue reading →

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