Author: David Rutman

The New York Stock Exchange was filled with blue and white Israeli flags on Tuesday, in honor of Economy Minister Nir Barkat’s visit to Wall Street.  The minister presided over a special ceremony and the crowd cheered when he rang the Stock Exchange’s iconic bell, which signals the end of the day’s trading. At Minister […]

Elbit Systems Ltd. announced on Monday that it had been awarded a $95 million contract to supply SkyStriker loitering munitions to an undisclosed European country. The contract is for several hundred SkyStriker units to be delivered over two years. Elbit Systems’ SkyStriker is a fully autonomous loitering munition that can locate, acquire, and engage operator-designated […]

Former US President Bill Clinton is teaming up with Israeli billionaire Ziv Aviram to launch a climate fund with about $1 billion of start-up capital. Aviram, the co-founder of Mobileye, says the fund will focus on transformative technologies that address the challenges posed by global heating. Clinton will serve as chair of the advisory board for […]

A Swiss Airlines flight bound for Bilbao, Spain, created chaos for 111 passengers when it departed from Zurich without their luggage.  The incident two weeks ago left passengers frustrated and bewildered upon landing as they stood by the empty luggage conveyor belt. According to reports from The Insider website, the flight, operated by Swiss Airlines, […]

Israel’s national gross domestic product (GDP) rose by 3.1% in the second quarter of 2023, the Central Bureau of Statistics said Tuesday. Meanwhile, the GDP per capita rose by 1.2%. The import of goods and services fell by 9.7% in the second quarter of 2023 as well. Private consumption expenditure rose by 0.5% in the […]

The IDF’s new advanced and AI-powered Barak tank is operational and beginning to join the ranks of the army’s tanks, starting with Armored Corp’s Batallion 52, the Defense Ministry announced on Tuesday. The new tank has been in development and production for over five years. It was developed in a joint effort by the Defense […]

Tesla CEO Elon Musk gave Israeli Prime Minister Benjamin Netanyahu a tour of the Tesla factory in Fremont, California on Monday during his visit to the US. Netanyahu and his wife received from Musk an overview of the company’s developments and the various models and observed the production and assembly process of the advanced electric […]

Love it or hate it, parents in the modern age have to grapple with the fact that their children are being born into a digital world. As such, parents are faced with the challenge of preparing their children for a future that is becoming increasingly intertwined with technology. From smartphones to artificial intelligence, the world […]

 Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country’s communications directorate said on Monday. It cited Musk as saying that many Turkish suppliers are already working with Tesla and that Turkey was among the most important candidates for its next factory. Tesla did not immediately respond […]

With the new year approaching, the government wants to take a different bite out of your apples (and income) abroad – but not for new immigrants. The government published on September 6 two draft bills to reform international tax rules in Israel – one concerning foreign tax credits, the other concerning controlled foreign companies (CFCs), […]