Author: David Rutman

Israel’s Ben-Gurion Airport saw its busiest month in history, the Israel Airports Authority revealed on Sunday, with more passengers passing through it in March 2023 than any other month ever. During this month, a total of 1,983,428 passengers passed through Ben-Gurion Aiport on 13,490 international and domestic flights. This is a 57% increase in passenger […]

It was the end of an era on March 31 as the iconic Brooklyn Bake Shop in Jerusalem closed its doors for the last time.  The bakery operated for close to three decades and was beloved by American olim, tourists and gap-year and yeshiva students, who would flock to the legendary bakeshop, which operated for […]

Israel-based Stratasys – a 3D printing manufacturer – and CollPlant – a regenerative and aesthetic medicine company developing products based on its plant-based collagen for tissue regeneration and organ manufacturing – announced a joint development and commercialization agreement. The companies plan on collaborating on the development of a solution to bio-fabricate human tissues and organs. This, […]

Florida Governor Ron DeSantis ramped up his fight against Walt Disney Co, seeking to void an agreement that Disney passed to limit the power of a board appointed by DeSantis to oversee its Florida theme park property. On Thursday in remarks made at Hillsdale College in Michigan, DeSantis said the legislature would void changes Disney […]

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is chugging along despite the war, and people abroad that Western economic sanctions don’t work and therefore should be rescinded.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 […]