CNBC's Hadley Gamble discusses Israeli Prime Minister Benjamin Netanyahu's decision to fire his finance minister.» Read More
*Government collapse, slower growth weigh on Israel's currency. JERUSALEM/ TEL AVIV, Dec 4- The collapse of Israel's government will keep investors on edge at least until new elections are held in March, adding to the economic hit to tourism and growth from the July-August Gaza war. This week alone it has lost 2.5 percent against the dollar, with the fall of Prime...
*Israel says Iran must not become "nuclear threshold state". VIENNA, Nov 23- Iran, the United States and other world powers are discussing an extension to Monday's deadline for a deal to resolve a 12- year stand-off over Tehran's atomic ambitions, Western and Iranian officials said. The talks in Vienna aim for an accord that could transform the Middle East, open the...
*Israel helped India in shift to micro-irrigation. Since Modi came to power in May, ties between Israel and India have been in overdrive, with the two signing a series of defence and technology deals that have underscored their burgeoning commercial and political relationship. In October, India closed a $520 million deal to buy Israeli anti-tank missiles.
*Tensions high in Jerusalem over contested holy site. *Early elections widely expected in Israel. That cautious approach has harmed Israel's ties with Jordan, which oversees the holy site- known to Muslims as Noble Sanctuary and Jews as Temple Mount- prompting Amman to withdraw its ambassador for the first time since a 1994 peace treaty.
*Iran to hold its biggest investment forum in years in London. *But sanctions remain, Britain won't encourage Iran trade. But the Europe-Iran Forum is being held at a politically sensitive moment as world powers try to reach a deal with Iran on its nuclear program before a Nov. 24 deadline.
*Sweden set for shift in foreign policy with new government. STOCKHOLM, Oct 7- Sweden's decision to recognize the Palestine state- without formally consulting its allies- may herald a wider foreign policy shift that has at its heart the aim of asserting a new diplomatic weight around the world. Until now Sweden, under a center-right government, has been close to...
TEL AVIV, Oct 5- Israel plans to issue minority stakes of up to 49 percent in state-owned companies on the Tel Aviv Stock Exchange over the next three years, a move the Finance Ministry said would bring in revenue of 15 billion shekels. The move, which is common in many other Western countries, is also expected to develop and strengthen Israel's capital market, the...
JERUSALEM, Oct 1- Erel Margalit has packed a lot in, from frontline combat in Lebanon to a PhD in philosophy at Columbia University, advising Jerusalem's former mayor and launching a billion dollar venture capital firm.
TEL AVIV, Sept 23- Israel's dedication to developing its defense capabilities has been extended to cyberspace in recent years, spawning an industry which has attracted a near four-fold increase in venture capital investment since 2010 as a growing overseas market for cyber security experts beckons.
TEL AVIV, Sept 23- Israel's dedication to developing its defence capabilities has been extended to cyberspace in recent years, spawning an industry which has attracted a near four-fold increase in venture capital investment since 2010 as a growing overseas market for cyber security experts beckons.
*Defence Ministry seeks $3.1 billion for 2015. JERUSALEM, Sept 4- Days after Israel reached a ceasefire after 50 days of war against Hamas in Gaza, the finance ministry and the central bank are at odds over how to cover hefty defence costs in next year's budget.
JERUSALEM, Aug 27- The Bank of Israel warned the government on Wednesday that the budget deficit would reach at least 3.5 percent of gross domestic product in 2015 if taxes aren't raised and state spending is not reduced.
JERUSALEM, Aug 19- Israel launched attacks in the Gaza Strip on Tuesday and recalled its negotiators from truce talks in Cairo after saying three Palestinian rockets had hit southern Israel, hours before a ceasefire was due to expire. A Reuters correspondent saw an Israeli plane fire a missile east of Gaza City.
JERUSALEM, Aug 19- Israeli Prime Minister Benjamin Netanyahu on Tuesday ordered the military to attack in the Gaza Strip in response to rockets fired from the enclave into Israel, a government source said, hours before a truce between the sides was set to expire.
*Netanyahu presses assault, sends envoys to Cairo. *U.N. outraged at refugee deaths at Gaza shelter.
GAZA STRIP, July 30- Israeli Colonel Tomer was literally tipped off to the tunnel snaking under a Palestinian village when the tank-churned earth gave way to the weight of one of his behemoth bulldozers' treads.
*Tunnel search a main mission of Israeli ground operation. GAZA STRIP, July 30- Israeli Colonel Tomer was literally tipped off to the tunnel snaking under a Palestinian village when the tank-churned earth gave way under the weight of one of his behemoth bulldozers.
GAZA/ JERUSALEM, July 29- Israel knocked out Gaza's only power plant and pounded dozens of other high-profile targets on Tuesday, while Egyptian mediators prepared a revised proposal for halting its war with Islamist militants in the enclave.
Analysts and officials compare the current operation to a one-month war between Israel and Hizbollah guerrillas in Lebanon in the summer of 2006, as well as to conflicts in Gaza in 2009 and 2012, when the economy took a hit but bounced back quickly, except for tourism.
*Gaza's only power station knocked out. GAZA/ JERUSALEM, July 29- Israel knocked out Gaza's only power plant, flattened the home of its Islamist Hamas political leader and pounded dozens of other high-profile targets in the enclave on Tuesday, with no end in sight to more than three weeks of conflict.