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Author: David Rutman

Israel’s energy minister calls for more natural gas drilling

August 2, 2023August 2, 2023David Rutman

Energy Minister Israel Katz called on the country to increase natural gas drilling in the Mediterranean Sea on Wednesday. Environmental experts, however, say that doing so is “out of sync” with global aims to reduce greenhouse gas emissions in the face of global boiling. Katz visited the Leviathan Gas Field for the first time since […]

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Bank of Israel warns: Economy at risk, judicial reform to blame

August 2, 2023August 2, 2023David Rutman

On Wednesday the Bank of Israel issued its biannual financial stability report for the first half of 2023, covering a period marked by declining rates in both currency and commerce. The report underscores that the uncertainty surrounding the government’s legal reform legislation has increased the risk premium of the economy. This has been accompanied by […]

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Israeli judicial reform strife will harm the housing market – opinion

August 1, 2023August 1, 2023David Rutman

The residential housing construction market is facing a severe crisis, evidenced by a 43% decrease in building starts. Additionally, the number of unsold flats held by contractors has risen to over 57,000, equivalent to two years of sales. Furthermore, there has been a 46% decline in the volume of real estate transactions. This crisis has […]

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Israel’s Netvision still down after 5 days despite promises

August 1, 2023August 1, 2023David Rutman

Infuriated customers of Cellcom/Netvision who had been told by the Internet Service Provider (ISP) that their emails would be restored on Monday, four days after it crashed, were promised on Tuesday morning that all mail would arrive “within a few hours.” But for many customers, nothing happened.  Cellcom spokeswoman Danielle Gold Alon said before 1 […]

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Here’s why Israel’s proposed broadcasting reforms are raising concerns

August 1, 2023August 1, 2023David Rutman

In a move that has sparked concern and opposition, significant changes to Israel’s TV and news sectors are on the horizon. The proposed reforms are expected to receive approval in the coming months and have raised alarms among the local broadcasting and production community, prompting them to unite and express their outrage. The planned changes, […]

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Israeli and Saudi company’s extraordinary cooperation a sign of future?

July 31, 2023July 31, 2023David Rutman

Israeli company “SolarEdge” and the Saudi company “Ajlan & Bros Holding (ABH)” extraordinary cooperation a sign of future normalization? The cooperation between the two companies aims to provide Saudi Arabia with renewable and smart energy, which will help the Kingdom – one of the world’s largest oil producers – reduce its dependence on oil by […]

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Palestinian students win trip to NASA in Tech Talent competition

July 31, 2023July 31, 2023David Rutman

Twenty-eight young Palestinian students are set to travel to the US for a 10-day trip that will include a visit to NASA headquarters in Florida. The trip is the grand prize for the 12th annual Tech Talent competition, a science competition for students from across the Palestinian territories. For more stories from The Media Line […]

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This Israeli agritech firm battles two global crises – opinion

July 30, 2023July 30, 2023David Rutman

July may be the hottest month in 120,000 years, according to an analysis published Thursday by a climate scientist at Germany’s Leipzig University. But none of us need that stat to know that extreme weather conditions are becoming more common, and climate change is no longer an abstract threat somewhere far in the distant future. […]

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Israel Innovation Authority gives NIS 36 million grant for its future

July 30, 2023July 30, 2023David Rutman

The Israel Innovation Authority is set to finance human capital development programs, they announced on July 20.  The new project aims to retrain and place workers in the fields of cutting-edge quantum technology, artificial intelligence, climate tech, foodtech, and bioconvergence with a total budget of NIS 36 million. The call for proposals was launched in […]

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ACT NEWS unveils AI-powered news presented by digital avatar clones

July 30, 2023July 30, 2023David Rutman

ACT NEWS, a growing news-content channel on TikTok, has announced the debut of what it claims to be “the world’s first fully AI automated news edition presented by digital avatar clones.” This cutting-edge approach to news broadcasting could set a new standard in journalism, but it also raises moral and ethical concerns. The introduction of […]

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