Business and Economy
In a deal worth hundreds of millions of dollars, Israel’s Rafael Advanced Defense Systems will provide the Romanian Romaero company with licensing and training to produce their own air-defense systems.
It now owns a 3.45 percent stake in the Israeli generic pharmaceutical company.
Supreme Leader Ayatollah Ali Khamenei: “I swear by Allah that the Europeans will follow the path of the Americans. Trump’s body will become fodder for snakes and worms, while the Islamic Republic of Iran will continue to stand strong.”
The company currently employs 2,700 employees worldwide and sells more than 70,000 products to 30,000-plus clients in more than 150 countries.
“Entrepreneurialism, innovation, technology is the most compelling narrative that Israel has to offer,” says Welaunch founder Baruch HaLevi. “People will do business, and the Jewish community will be strengthened. It’s a win-win.”
Intel’s Shooting Star quadcopters, equipped with LED bulbs capable of more than 4 billion color combinations and weighing just 12 ounces a piece, will create images of the Star of David, the walls of Jerusalem, Theodor Herzl and more, along with music.
Most observers are pointing to corruption, political infighting and fear of a collapse of the Iranian nuclear deal as major factors in the rial’s fall.
The policies of Israeli Finance Minister Moshe Kahlon have helped boost Israel’s economy, and his growing power base makes him a viable candidate for prime minister in the future.
A new plan would enable career soldiers in cyber and tech units to take a paid absence to work in select, nonmilitary tech companies.
Nanit, an Israeli startup, has developed a “smart” baby monitor with far-reaching practical and medical applications
Unemployment in January drops to 3.7 percent, compared to the 2017 average of 4.2 percent, Israel’s Central Bureau of Statistics finds.
Terrorist groups are beginning to take advantage of the anonymity of cryptocurrency to raise funds.
