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  • Sanctions against Iran, imposed by the U.S. and the European Union, are important and effective but more needs to be done, according to Israeli Finance Minister Yuval Steinitz.

  • In an exclusive interview, Yuval Steinitz, Israel's Finance Minister tells CNBC that sanctions imposed on Iran are not sufficient and haven't changed the countries behavior and therefore a clear military ultimatum is needed.

  • *DuPont's earnings forecast, job cuts weigh on oil. Chemical company DuPont lowered its earnings forecast, announced 1,500 job cuts and posted lower-than-expected profit, helping push equities, oil and other commodities lower.

  • Reuters World News Highlights 1800 GMT Oct 23 Tuesday, 23 Oct 2012 | 6:00 PM ET

    GAZA- The Emir of Qatar embraced the Hamas leadership of Gaza on Tuesday with an official visit that broke the isolation of the Palestinian Islamist movement, to the dismay of Israel and rival, Western-backed Palestinian leaders.

  • *DuPont's earnings forecast, job cuts weigh on oil. Chemical company DuPont cuts its earnings forecast and announced 1,500 job cuts in its third-quarter earnings report that missed Wall Street expectations, helping push equities, oil and other commodities lower.

  • Economic upturn, auto bailout lift Dems in Midwest Tuesday, 23 Oct 2012 | 4:27 PM ET

    Scott Walker spent months and millions of dollars on ads in the divisive recall election telling Wisconsin voters that the state is on the economic upswing _ a strong dose of good news that even Mitt Romney backers acknowledge helps the incumbent, President Barack Obama.

  • Schieffer ends final debate with advice: go vote Tuesday, 23 Oct 2012 | 11:21 AM ET

    NEW YORK-- Bob Schieffer took a light hand Monday as moderator of the final presidential debate, ending with advice from his mother: "Go vote.

  • Mitt Romney came in peace. He said he wanted better education, more financial aid, gender equality and rule of law, and he was talking about the Middle East, not the Midwest.

  • World ‘Close’ to Recession: Stanley Fischer Tuesday, 23 Oct 2012 | 4:15 AM ET

    The former chief economist of the World Bank and former vice chairman of Citigroup told CNBC the global economy is “close” to a recession, though he added that it wasn’t clear if it  would actually enter one because of an improvement in confidence recently.

  • In an exclusive interview, Stanley Fischer, Governor of the Bank of Israel, tells CNBC the bank has to consider what could happen in Europe, and has to plan for all sorts of eventualities around Israel's and the world's relations with Iran.

  • Israel's premier vows to build in Jerusalem Tuesday, 23 Oct 2012 | 12:15 AM ET

    JERUSALEM-- Israel's prime minister vowed Tuesday to continue building in a contested Jerusalem district, just days after European Union criticism of Jewish housing there. Netanyahu said Jerusalem is " Israel's eternal capital" during the visit to Gilo and said Israel has every right to build there.

  • The upcoming elections and the impending “fiscal cliff” have hedge funds more on edge than any other issue, according to a survey by Macro Risk Advisors.

  • Palestinians hold first local elections in years Friday, 19 Oct 2012 | 11:15 AM ET

    NABLUS, West Bank-- Posters for two competing candidates in this weekend's Palestinian local elections are affixed to road signs, buildings, power lines, and vehicles in this bustling West Bank city. Only Palestinians in the West Bank will vote Saturday, choosing mostly between rivals from the dominant but disorganized Fatah Party of President Mahmoud Abbas.

  • MagicJack posts 3Q profit, reversing loss Friday, 19 Oct 2012 | 9:56 AM ET

    WEST PALM BEACH, Fla.-- Internet phone company MagicJack VocalTec Ltd. reported a third-quarter profit on Friday, reversing a small loss a year earlier, thanks to sharply higher revenue and lower expenses. Israel- based MagicJack earned $15.1 million, or 78 cents per share, for the three months ended Sept. 30.

  • TV show 'Homeland' irks Lebanese, Israelis Friday, 19 Oct 2012 | 8:55 AM ET

    Showtime series "Homeland," is supposed to be Beirut. But it is really in Israel, a country similar enough in some areas to stand in for Lebanon, yet a world away in most other respects. And in Israel, some are peeved that Haifa and even Tel Aviv _ a self-styled nightlife capital and high-tech hub _ apparently appear, to outsiders at least, to be Middle Eastern after all.

  • Mellanox shares tumble on weak 4Q outlook Thursday, 18 Oct 2012 | 11:39 AM ET

    NEW YORK-- Shares of Mellanox Technologies Ltd. tumbled Thursday, after the semiconductor maker issued a disappointing revenue outlook for the current quarter and full year.

  • Abbas Edalat, founder of the campaign against sanctions and military intervention in Iran and professor at Imperial College London, tells CNBC, that the irony of sanctioning Iran is that increasingly the Iranian people are uniting against the west and becoming hostile to it.

  • Given Imaging considers sale, other alternatives Wednesday, 17 Oct 2012 | 6:15 PM ET

    Given Imaging Ltd.' s shares jumped sharply in after-hours trading Wednesday after the medical equipment company said that it is considering a sale. Given said that Barclays is assisting in its review process and an executive committee will oversee the effort. Given Imaging shares rose $1.73, or 11.3 percent, to $17 in after-hours trading.

  • Stryker to buy Surpass Medical for at least $100M Tuesday, 16 Oct 2012 | 2:30 PM ET

    KALAMAZOO, Mich.-- Medical device maker Stryker Corp. said Tuesday that it reached a deal to buy privately held Surpass Medical Ltd. for $100 million in cash, plus up to $35 million in milestone payments.

  • Israeli parliament dissolves for early election Tuesday, 16 Oct 2012 | 8:38 AM ET

    JERUSALEM-- Israel officially opened its election season on Monday as parliament dissolved itself and scheduled a vote for January, plunging the country into a vicious, three-month political campaign. Prime Minister Benjamin Netanyahu boasted of his achievements, while the opposition heckled and insulted him mercilessly.