Business and Economy
ORT’s Start-up Challenge will provide an opportunity to delve into science, experience cutting-edge technology, and discover Israeli culture in an entertaining and interactive setting.
While many in Israel bemoan the financial burden of the new elections this fall, the major cost to the country will likely lie in other realms.
“Our delegation is showing how cities lead on the world stage, how mayors get things done and how urban centers can tackle everything from innovation and climate change to immigration and economic growth,” said Los Angeles Mayor Eric Garcetti.
Businessman Ashraf Al-Ghanem recounts that Palestinian Authority security forces raided his home in Hebron and attempted to arrest him for participation in the economic summit. Still, he says, discussion among nations in Manama proved beneficial.
He previously served as director of political affairs at the Consulate General of Israel in New York.
Without a coordinated plan, the military’s build-up would resemble “an orchestra” in which “everyone does what they want, and the noise is terrible,” says Brig. Gen. (Res.) Dr. Sasson Hadad.
“Data from the German Chamber of Commerce showed that trade volumes between Iran and Europe’s largest economy were down 49 percent over the first four months of the year compared to the same period in 2018, with volumes continually declining,” reported Reuters.
When accounting for money spent on local goods and services, Israeli-founded companies poured $33.8 billion to the New York economy in 2018—some 2 percent of the state’s gross domestic product.
While there, Chilean President Sebastian Piñera said its embassy “will remain in Tel Aviv. Chile defends and is in favor of a two-state solution: an Israeli state and a Palestinian state.”
International Monetary Fund director Christine Lagarde says there are “really good aspects” to the U.S. economic plan put forward in Bahrain, saying growth in the West Bank and Gaza “needs to be job-intensive.”
The Palestinian refugee agency raised $110 million from 35 countries, enough to keep going for the coming months.
Drones, anti-drone tech, missile systems and radars made in the Jewish state were on display at the International Paris Air Show.
