By Josh Kaplan and Steven Schoenfeld of BlueStar Global Investors LLC for IsraelStrategist.com, July 10, 2012
This monthly column provides an overview of trends and developments in Israel’s dynamic economy and capital markets. It is written by key staff members of BlueStar Global Investors, a financial...
10 July 12 16:30–The Natural Gas Authority has raised its forecast of domestic gas demand by 20% by 2040, reigniting the argument in the Tzemach Committee over exports. Most committee members say that the revised forecast means that Israel will have to increase its strategic reserve, reducing gas...
Jul.10, 2012 | 2:36 AM–As the world weather gets wackier, there is a mounting need for precise weather forecasts. One Israeli company is developing cutting-edge meteorological technology that can deliver relatively accurate forecasts for specific areas, updated on the hour.
Meteo-Logic’s...
9 July 12 17:10–”We intend to examine the effect of the capital gains tax on turnover,” Ministry of Financedirector general Doron Cohen told a Tel Aviv Stock Exchange (TASE) conference today, referring to the 5% capital gains tax hike which came into effect in January, and the plunge...
07.10.12, 12:16–The gas rigs defense plan will be will be sent to the cabinet for approval and will include requests for manpower and a massive budget. The General Staff and the Defense Ministry have approved the plan which is meant to secure four drilling facilities and will cost an estimated...
Published on Jul 10 2012
// OpinionJul 10th, 2012–Last week I met Israel’s foreign minister, Avigdor Lieberman, for a thirty-minute interview. We talked on many issues, like Iran, Egypt, the settlements, the Palestinians and also the European boycott of Israeli goods and companies. Lieberman said: “It’s nothing new.” True,...
07/10/2012 04:04–Israel’s energy and Water Ministry and the European Commission’s Joint Research Center (JRC) signed a memorandum of understanding on Monday to deepen their cooperation on energy and water desalination.
The agreement is in part a result of the EU-Israel European Neighborhood...
10 July 12 13:45–Better Place Inc. has teamed up with Australia carmaker GM Holden Ltd. to provide battery recharging services and equipment for the Volt electric car. Holden announced that Better Place will develop membership packages for Volt customers, including the installation of a ‘Charge...
Jul.10, 2012 | 6:44 AM–Despite fierce opposition in the Knesset, and even within his own ministry, Finance Minister Yuval Steinitz has decided to grant a huge tax break to large multinational companies operating in Israel.
If he gets his way, the companies would receive reductions of 40% to 70%...
