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  • Eilat, Israel

    Israel perhaps has more to gain than anyone else from going clean and green. Right now, Israel is almost fully dependent on fossil fuels that pollute the country. Israel still gets its oil from secondary sources, because Arab nations won't sell to Israel directly.

  • As one of the the most difficult economic climates in generations continues, Western countries still dominate the top 10 slots in the World Economic Forum's Global Competitiveness Report, led by Switzerland and the United States. But in the Middle East, 13 countries continue their upward trend of recent years, with a number of countries measurably improving their competitiveness. In this respect, significant differences between countries persist. In many energy exporting countries, abundant oil

    While America took a big hit during the financial crisis, many Middle Eastern economies grew. Click to see where these countries rank globally and regionally.

  • The Dayton Daily News in a cartoon challenges Vice President Joe Biden to say that three times quickly. It could make for a great spot on U-tube.

  • Having had a son live in Italy for four years some time ago I got very comfortable with the lira. I loved spending a million or two for a cup of coffee. It was an out of mind experience to think in lira type numbers. It looks like there might be a chance to go back to the good old days.

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    You expect antagonisms to some extent with "non allies" but you would hope the allies wouldn't pile on when the administration is embattled like it is.

  • The founding head of the Israeli-Palestinian Chamber of Commerce, a group credited with helping move Palestinian goods into Israel faster, is leaving his post.

  • The business empire of Israel's richest woman has been rattled by a police investigation into her investment group's director

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    Israel has taken the upper hand in the battle to have the world largest vat of hummus.

  • Jerusalem's new mayor Nir Barkat was in New York today to announce a plan to boost tourism five-fold in the next decade.

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    Qualifying rounds - Day Three: A huge rally in Europe and the US changed the leaderboard picture again.  After two days of polling, many of you still see Korea's Kospi in the medal round.

  • As we enter day two of the qualifying rounds, all major indices were down but Australia's ASX has taken the lead, followed by India's Bombay Sensex.  In our poll's early voting, many of you suggested that Israel's T25 might be in contention for a medal despite a rough couple of days.  Here are some stats and stocks from Israel.

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    Oil fell for the fourth consecutive day, pulled lower by growing demand concerns and easing tension between Iran and the West.

  • Iran test fired nine long- and medium-range missiles on Wednesday, state media said, including one which it has said could reach Israel and U.S. bases in the region.

  • Saudi Arabia

    Washington has been talking tough on oil prices on several fronts, calling for new trading regulations on speculators and reopening offshore oil drilling. But it's successful jawboning two of our major allies that seems to have had the biggest impact on prices this week.

  • The stock market plunged 170 points this morning and oil jumped over $3, allegedly based on a New York Times story that Israel is carrying out military exercises as a rehearsal to bombing Iran. But actually, the Times story, written by the very able war correspondent Michael R. Gordon, is talking about Israeli training exercises from early June, not now.

  • Tough talk today between Israel and other nations could be another reason behind oil’s surge. Get the international perspective from Tim Seymour!

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    Oil jumped nearly $11 to a record $138.54 a barrel Friday on the slumping US dollar and rising tensions between Israel and Iran.

  • Haim Israel of Merrill Lynch in Jerusalem has some ideas about smaller Israeli companies that might have escaped the attention of U.S. investors.

  • Israel has become known for it's high-tech economy.  But this small desert nation surrounded by often hostile neighbors is working on what it hopes will be it's next wave of success: water.

  • Car companies, oil and gas companies have vowed to clean-up the air.  But an Israeli investor is actually doing something.