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Category: Business

Goldknopf: Response to terrorism – building homes in Binyamin

March 24, 2024October 9, 2024David Rutman

In response to the recent attack at the Parsa intersection in Benjamin, where Sgt.-Maj. Ilay David Garfinkel was killed and six others were wounded, Housing and Construction Minister Yitzhak Goldknopf is urging Prime Minister Benjamin Netanyahu to expedite the relocation of the Sde Ephraim settlement near the incident site. Goldknopf, who is also leader of […]

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A look at ICC Jerusalem with CEO Alex Alter, VP Rakefet Eliaz Iluz

March 24, 2024October 9, 2024David Rutman

Prime Minister Benjamin Netanyahu spoke to AIPAC last week from the new TV studio at the International Convention Center (ICC) Jerusalem, known to us locals as Binyanei Ha’Uma. An Israeli wine festival. An international dance festival. Eurovision. These are just a few significant events held at the ICC, which is coming up on its 75th […]

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Israel’s economy can bounce back like America after 9/11

March 23, 2024October 9, 2024David Rutman

In the rich tapestry of history, each nation unveils their unique narratives through defining moments that shape its identity and become its enduring legacy. For both Israel and the US, these moments were marked by terror. The dark shadow of the 9/11 terrorist attack has shaped the American narrative since 2001. Similarly, the October 7 […]

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Real estate: A look at Jerusalem’s peaceful and quiet Nayot neighborhood

March 23, 2024October 9, 2024David Rutman

Nayot, a neighborhood situated in south-central Jerusalem, may not be the first go-to destination for any visitor to the capital, but the suburb serves its residents and visitors with peace and tranquility that can be hard to find among Jerusalem’s more bustling areas. Legacy etched in time The roots of Nayot run deep, echoing through […]

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Oil prices down on Gaza ceasefire talks, flat on the week

March 22, 2024October 9, 2024David Rutman

Oil prices slipped on Friday and were flat on the week as the possibility of a ceasefire in Gaza weakened crude benchmarks, while the war in Europe and shrinking US rig count cushioned the fall. Brent futures for May delivery LCOc1 settled at $85.43, losing 35 cents. US crude CLc1 settled at $80.63 a barrel, […]

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Water contamination detection method developed by Israeli innovation

March 22, 2024October 9, 2024David Rutman

Medications and contaminants disposed of in the garbage present a growing concern around the world, especially to our drinking water and food. A new study by researchers at the chemistry department and Institute of Nanotechnology and Advanced Materials at Bar-Ilan University (BIU) in Ramat Gan has resulted in the development of a highly sensitive plasmonic-based […]

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Norway wealth fund’s ethics watchdog to probe companies over Gaza war

March 21, 2024October 9, 2024David Rutman

The ethics council of Norway’s $1.6 trillion wealth fund says it is investigating whether companies in which it holds shares fall outside its permitted investment guidelines due to the war in Gaza. The world’s largest sovereign wealth fund, which owns 1.5% of the world’s listed shares across 8,800 companies, operates under ethical rules set by […]

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Self-heating concrete will make snow shovels obsolete

March 21, 2024October 9, 2024David Rutman

Clearing roads and sidewalks of snow with mechanical snowplows and salt to lower temperatures at which it melts is a very expensive procedure, and they often seriously harm the concrete and asphalt. Now, researchers at Drexel University in Philadelphia are coming closer to making such a chore obsolete. Tucked inconspicuously next to a parking lot […]

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Elon Musk crowned world’s richest man, overtaking Jeff Bezos

March 20, 2024October 9, 2024David Rutman

Elon Musk, the CEO of Tesla and X, became the richest man in the world for the second time, according to a Wednesday report by Forbes.  Musk’s estimated net worth increased by an estimated $815 million on Wednesday morning, while the now second richest man Jeff Bezos’s net worth decreased by $558 million, according to […]

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How much will Israelis pay to increase IDF manpower?

March 20, 2024March 20, 2024David Rutman

The Finance Ministry released Wednesday an assessment of the economic cost of the various alternatives for increasing the IDF’s manpower. The study found that higher economic costs stemmed from additional reserve duty rather than from extended regular service. The IDF revealed in February a plan for increasing IDF manpower due to new needs created by […]

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