Business and Economy
“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.
Raz Bachar, 36, will succeed Navot Volk, who resigned in November to join Wix.com as a senior vice president.
The Jerusalem Portfolio allows investors to own fractional interests in a diversified group of 100-plus, top-tier Israeli-focused public companies, spanning health care and technology to energy and cybersecurity.
“The question is whether the sides can manage the escalation and what steps Washington needs to take to re-establish a level of deterrence,” Security Studies Group senior fellow Matthew Brodsky told JNS.
The firm, located east of Tel Aviv, employs 105 people and “has raised $16 million to date from investors.”
“This is a very detailed peace vision. You cannot have a successful peace agreement without a successful economic plan. We are worried about the days, weeks, months and years after,” stated U.S. special envoy to the Middle East Jason Greenblatt.
Samaria Regional Council head Yossi Dagan: “Entrepreneurship is in Samaria’s DNA.” Nearly 2,000 small and medium-sized businesses now operate in Judea and Samaria.
