Author: David Rutman

As you read this column, you will have already finished the Passover Seder, drunk four cups of wine, and are now feeling the after-effects of eating more matzah than planned. Oh, and you told the story of the Exodus from Egypt.  In the 11th chapter of the Book of Exodus, we read how the Lord […]

It’s perfectly possible to make money in Israel and keep most of it. According to the OECD, Israeli tax revenues amounted to 32.2% of GDP in 2021, which was better than the OECD average of 34.1%. You are probably doing taxable business in Israel if you conduct business activities in Israel or operate in Israel […]

Russian economic statistics are a collection of lies and distortions. They are meant to convince people at home that their economy is chugging along despite the war, and people abroad that Western economic sanctions don’t work and therefore should be rescinded. Many international economists, including official organizations, have bought into this type of Russian propaganda. […]

Five hundred international investors will descend on Tel Aviv next month for the 30th GoforIsrael event hosted by Cukierman & Co. Investment House and Catalyst Investments. “The 30th GoforIsrael will demonstrate that Israel’s ultimate economic strength is its tech companies, which always have weathered crisis times successfully,” said Edouard Cukierman, chairman of Cukierman & Co. […]

Israeli Fintech Firm Sunbit Hits Unicorn Status With $1.1 Billion Valuation It just raised $130 million. Sunbit’s founding team (from l to r): Arad Levertov, Co-founder and CEO; Tal Riesenfeld, Co-founder and Head of Sales; Ornit Maizel, Co-founder and CTO; and Tamir Hazan, Ph.D., Co-founder and Head of AI. (company pic)  Sunbit, an Israeli startup […]

Israeli Startup Upstream Security Offers Auto Security Solutions It ow has Japanese partnership. Upstream Security, an Israeli startup which offers a cloud-based mobility cybersecurity and data analytics platform purpose-built for connected vehicles and smart mobility services. Upstream’s C4 platform fuses machine learning, data normalization, and digital twin profiling technologies to detect anomalies in real-time using […]

JPMorgan chase Grooms Two Women Execs as Possible Jamie Dimon Replacements Dimon recently announced his retirement. Marianne Lake (Official JPMOrgan Chase Pic) Jamie Dimon will not be leading JPMorgan Chase forever. He recently announced his retirement. Marianne Lake and Jennifer Piepszak have been appointed to run the company’s consumer banking operations, in what is seen […]

Israeli Startup Explorium Offers External Data Platform The company just raised $75 million. Explorium Founders –f Omer Har, Maor Shlomo, and Or Tamir (company pic) Explorium, an Israeli startup, provides what it calls the first External Data Platform to improve Analytics and Machine Learning. By “dynamically” integrating a company’s internal data with thousands of external […]

Clueless John Oliver Shows His True Colors – Accuses Israel of War Crimes But he failed to explain why he is such an expert on the matter. Last Week Tonight (Screen Capture) John Oliver is just another comedian who thinks he is an expert on politics and so started his own political talk show. But […]