Zum Thema: Economy & Innovation

Tel Aviv made top ten most expensive cities

Tel Aviv has been confirmed as the ninth most expensive city in the world according to the Worldwide Cost of Living Report 2018, quickly moving up in the past 5 years from 34th place. As Tel Aviv has made its way into the top ten most expensive places to live, both New York and Los… […]

Civil marriage matters

Thousands of lovers in Israel cannot achieve what most would call a “happily ever after,” or in simple terms, are unable to get married in Israel. Current marriage laws in Israel are strictly enforced and controlled by the Ultra-Orthodox religious parties, meaning that thousands of people either do not meet the necessary religious requirements, or… […]

Israel Goals: No Fossil Fuel by 2030

Today Israel runs on 70% natural gas, and by 2030, Energy Minister Yuval Steinitz plans to eliminate the use of fossil fuels entirely from the Israeli repertoire.  Steinitz plans to ban the import of diesel-based cars in just over a decade, and forecasts that by 2030, Israel will run on 80% natural energy and the… […]

Israeli desert turned into Mars mission

If the Israeli desert seems like it’s light years away, for six Israeli pioneers, for four days, it was. Named the “Ramonauts,” four men and two women stepped into a simulated mission to Mars, or the closest space they could find to it – the Israeli desert. According to the Israeli Space Agency, the Ramon… […]

Ben Gurion Airport new wing opens

The fourth wing of Ben Gurion Airport opened last week. As air travel and tourism ramps up in numbers, the Israeli Airports Authority created a long-term plan to manage the increase. With the opening of the fourth wing, or Wing E, the airport can now serve about 1,800 more people per hour. The wing was… […]

Asylum seeker deportation triggers anger

The Israeli government and greater community of Israel are going to moral war over about 20,000 asylum seekers who are in danger of being deported from Israel. On January 1, 2018, the government announced that asylum seekers who did not submit a claim would be required to leave the country, or would be indefinitely jailed.… […]

New software prevents car crashes

In 2017, one person died every day because of a car accident. Over 24,000 people were injured over the course of the year. While car crashes seem inevitable, imagine if there was enough information to prevent the possibility of a car crash. A team from Bar Ilan University, led by Sarit Kraus and Ariel Rosenfeld,… […]

How Banks and Bitcoin Get Along

Not surprisingly, banks and Bitcoin aren’t getting along. In the most recent flurry of financial mayhem, droves of peoples are buying Bitcoin, and the banks around the world are not on board. The Bank of Israel stated that they will not recognize cryptocurrencies as legitimate currency, and it is currently considered a digital asset. While… […]

Jerusalem to Tel Aviv Train is a Smooth Ride

The seven-billion-dollar project which has been in the works since 2001 is finally moving, and Israel Katz, the Minister of Transportation took the express train from Tel Aviv to Jerusalem for its first test drive on Tuesday. The train only drove a short ride before proving how much more quiet and comfortable an electric engine… […]

2700-year-old governor seal found in Jerusalem

  A small clay seal impression was discovered by the Western Wall Plaza in Jerusalem’s Old City on January 1, 2018. The seal is one of seven found in the past five years of the archaeological dig led by the Israel Antiquities Authority. The seals date back thousands of years, and the most recent find… […]

Time for social media to take social responsibility

Social media networks have their advantages and disadvantages. The powerhouse networks like Facebook and Twitter maintain that their aim is to create global connection, though do not claim responsibility when their channels are used to incite acts of violence, crime and terror. With the disturbing rise in anti-Semitic acts across the world, including an 86% spike in… […]

Will Supermarkets be forced to shut on Shabbat?

The Supermarkets Law is a new legislation presented by the Ultra-Orthodox Shas party in the Israeli government. The law is up for a vote, and if voted favorably, would allow the government to authorize that all supermarkets and convenience stories throughout Israel be closed on Shabbat, from Friday evening to Saturday evening, with the exception… […]

Israel Population Almost 9 Million

On the eve of 2018, the Central Bureau of Statistics published data announcing the state of Israel’s current population, which stands at 8,793,000. The population grew by 165,000 since 2016, due to 180,000 babies being born and 44,000 deaths. The Jewish population makes up about 75% of the total population, while about 21% of the… […]

Teva under fire for layoffs

Born in 1951, Teva Pharmaceuticals has since grown into a multinational pharmaceutical giant. Headquartered in Israel and with locations in Europe and North and South America, Teva is in a time of crisis. Since the death of Teva’s “father,” Eli Hurvitz, in 2011, the company has declined in many ways, and with new CEO Kare… […]

The SocialTech Revolution is Here

Imagine being able to save six billion male baby chicks from dying every year? Because they don’t lay eggs and cannot be used for poultry, billions of baby chicks are murdered and discarded annually. An Israeli startup, eggXYt, aims o save the chicks and found a solution which saves money and lives, decreases waste, and creates exponential… […]

People are tired of political corruption

  People are seemingly sick and tired of power driven greed and corruption running rampant through politicians’ veins, and 2017 has seen thousands of civilians protesting the streets of Israel, marching both for their rights and what is morally right. The latest protest was held last Saturday, December 9, where protesters gathered in Tel Aviv… […]

Recycling report under review

A recent report on recycling statistics submitted to the Environmental Affairs Ministry is being investigated. The report was filed by the ELA Recycling Corporations, who is responsible for collecting and recycling plastic bottles. What they reported and what the proven numbers are seem to be largely skewed. ELA is owned by the four largest beverage… […]

Amazon Landing in Israel

Given the large and hopeful demands by Israeli consumers, Amazon is considering setting up a shipping center in Israel. The online retail giant has numerous teams on site, both Israeli and international, to scope the logistics of what this would mean. A real estate team is inquiring about possible warehouse locations, and a shipping center… […]

Modern Cable Cars Among Ancient History?

By 2021, imagine being able to ride in a cable car over Jerusalem to reach the Western Wall, one of the most ancient and holy sites in the world. That’s exactly what the Jerusalem Development Authority (JDA) is hoping to get approval for so they can begin forging full steam ahead with the $57 million… […]

Israeli Shekel is second strongest currency

The New Israeli Shekel has come in second place as the world’s strongest currency, listed only after the Chinese Yen. According to Gautam Kalani, the foreign currency analyst from Deutsche Bank, the New Israeli Shekels appreciated in value about 6.1% in the past six months alone, and overall is valued about 10% over other global… […]