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   is recovery around the corner?

At the conference on December 8-9, leading experts will examine the prospects for global recovery in 2014.

 

 

The 2013 “Globes” Israel Business Conference on December 8-9, will try to analyze the condition of the global economy and examine whether the recovery, led by the economies of the US and Europe, is real. On one hand, US economic policy has succeeded in beating the crisis forecast that hung over it, while on the other hand, Spain and other European countries have had their first growth after years of crisis. But the threats remain, and they are great. Once again, the US has just avoided default by the skin of its teeth, and bought some relief for its economy. At the same time, it seems that the US has become addicted to “cheap money” and the helicopter of Ben Bernanke, who has decided to hand the task of initiating the exit strategy to his successor. In Europe, despite the rally in leading indices, the level of unemployment, especially among the young, remains high and dangerous, and the need for structural reform in and a and deepening of the EU are growing more urgent.

 

On the other side are the emerging markets, including China, India, and Brazil, which have begun to downshift. Their high growth rates of the previous decade now seem like a fleeting episode that will not be repeated. Together with the decline in growth rates, it seems that these economies desperately need thorough restructuring, which if not implemented immediately, threaten their economic achievements.

An equally important question is how these processes and movements in the global economy affect the Israeli economy, which demonstrated economic and financial soundness during the years of the crisis, but is undergoing a prolonged rise in the cost of living, accompanied by soaring real estate prices and widening social gaps between sectors of the population.

 

The first day’s plenum session will be opened by President of the State of Israel Shimon Peres. It will be followed by a special debate on the global economy in 2014, moderated by Richard Quest, the host of CNN’s “Quest Means Business”. The participants will be PIMCO global strategic advisor Prof. Richard Clarida, a Lowell Harris Professor of Economics at Columbia University and the US Assistant Treasury Secretary for Economic Policy in 2002-2003; former CEO of Deutsche Bank AG Dr. Josef Ackermann; China International Capital Corporation chairman Jin Liqun; and “Financial Times” associate editor and chief foreign affairs commentator Gideon Rachman.

 

The second day’s opening plenum session will discuss Israeli business sector growth, and will host former Governor of the Bank of Israel Prof. Stanley Fischer, Israel Chemicals Ltd. (TASE: ICL) president and CEO Stefan Borgas,Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) president and CEO Dr. Jeremy Levin, and Prof. Alan Dershowitz of Harvard University, and a prominent defender of Israel.

 

OECD Secretary General Gurria to speak at Israel Business Conference

Angel Gurria will discuss a range of issues that will appear in the OECD report, with a focus on taxes and the healthcare system in Israel.

 

OECD Secretary General Jose Angel Gurria is making a special trip to Israel to participate in the "Globes" 2013 Israel Business Conference. He will participate in the first day's plenum session and will speak with Richard Quest, the host of CNN's "Quest Means Business".

Gurria will discuss a range of issues that will appear in the OECD report, which will be published close to the conference, with a focus on taxes and the healthcare system in Israel.

 

For further information and registration, go to Israel Business Conference .

Gurria was elected secretary-general of the OECD in June 2006, and was reelected for a second term in 2010. He has strengthened the OECD's standing as global forum on economic policy, and has modernized and carried internal reforms at the organization.

Gurria, a Mexican citizen, arrived at the OECD after a distinguished career in Mexican public service, including terms as Minister of Foreign Affairs and Minister of Finance and Public Credit in the 1990s.

Israel joined the OECD in 2010, after an accession process of several years. The OECD was founded in 1961 by countries in North America and Western Europe, and has expanded over the years to include countries in Asia, the Latin America, and Eastern Europe. It currently has 34 members. The OECD member states account for more than 60% of global GDP.

 

The "Globes" 2013 Israel Business Conference, the country's largest business conference, will be held this year under the title "The Global Economy in 2014". It is Israel's premier and most prestigious economic event.

 

http://www.globes.co.il/news/home.aspx?fid=5440&leadid=570

 

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Prime Minister Benjamin Netanyahu, today (Wednesday, 19 July 2017), held a series of bilateral meetings with the heads of government of the Visegard Group: Czech Prime Minister Bohuslav Sobotka, Polish Prime Minister Beata Szydlo and Slovakian Prime Minister Robert Fico. (Prime Minister Netanyahu met yesterday with Hungarian Prime Minister Viktor Orban.)

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​PM Netanyahu: We face common challenges, the first of which is to defeat the forces of terror that rampage through the world and threaten both our countries. We must stand together in this battle, much as we work together to perfect the future.

Prime Minister Benjamin Netanyahu and his wife Sara, this evening (Tuesday, 4 July 2017), at the Prime Minister's Residence in Jerusalem, hosted Indian Prime Minister Narendra Modi.

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The EU Delegation in Israel and the Municipality of Tel-Aviv-Yafo presented:  Performance Europa!
Urban celebration of live performances and interactive installations
Tel Aviv’s White Night ,Rothschild 1 Plaza, 29 June 

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Over 60 leading women from across the world joined together last month for a panel discussion showcasing Israeli females in the lead.
Organized by The Israel Project (TIP) and the Embassy of Cyprus in Israel, the event served as a platform to discuss and understand the challenges and opportunities facing women in Israeli society in the modern age.
Among the panelists were popular journalist Judy Shalom Nir-Mozes. Former IDF commander Miri Eisin and Israeli Olympic athlete Maayan Davidovich.

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Prime Minister Benjamin Netanyahu, Greek Prime Minister Alexis Tsipras and Cypriot President Nicos Anastasiades, today (Thursday, 15 June 2017), in Thessaloniki, at the third trilateral summit, signed joint statements for the continued strengthening of relations.

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A senior delegation from Tanzania, headed by Dr. Aloyce Nzuki, Permanent Secretary Ministry for Natural Resources and Tourism, arrived in Israel for a series of meetings and events designed to increase cooperation with the Israeli tourist industry, and encourage Israeli tourism and investments to enchanted, exotic Tanzania.

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At a festive ceremony attended by Minister of Education Naftali Bennett, the Lauder Dormitory Building was inaugurated today at the Technion
state of the art building was donated to the Technion by World Jewish Congress President Ronald Lauder and his wife Jo Carole

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09 June 2017 – Jerusalem) The U.S. Permanent Representative of the United States to the United Nations Nikki Haley visited Yad Vashem today. The Ambassador was guided through the Holocaust History Museum by Dr. Robert Rozett, Director of Yad Vashem Libraries, participated in a memorial ceremony in the Hall of Remembrance, visited the Children's Memorial and signed the Yad Vashem Guest Book.

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President Reuven Rivlin today (Wednesday) met at his residence in Jerusalem with United States Permanent Representative to the United Nations, Ambassador Nikki R. Haley.

President Rivlin welcomed her and said, “You are a dear friend of Israel. We appreciate your strong stand on the world’s most important stage, in support of the security of the people and the State of Israel. With your support we see the beginning of a new era. Israel is no longer alone at the UN. Israel is no longer the UN’s punching bag.”

He continued, “When I spoke at the UN on Holocaust Memorial Day, I said that the UN must learn from the lessons of the past, and stand up against hatred and racism. I said it must end its obsession with targeting Israel. Progress has been made. Israel’s standing at the UN has improved. But sadly, we have a long way to go. Both in holding to account, public statements made by officials, and in supporting regulation to reduce the ridiculous number of discussions and resolutions against Israel. This is also true in the Human Rights Council - which has been hijacked as a weapon against Israel - and in UNESCO, where they seek to rub out the history of the Jewish people.”

The President thanked the Ambassador for her great contribution to the State of Israel, and said, “Ambassador Haley, as the representative the US - Israel’s greatest and strongest ally - we appreciate very much your support of Israel, and all you do to stand up for the values of freedom and democracy which we share. Welcome to Israel, welcome to Jerusalem.”

Ambassador Haley thanked the President for his warm welcome and said, “Thank you Mr. President for taking the time to meet with us, it is an absolute thrill to be here in Israel, I so much appreciate the support we have received from the people of Israel. But I feel somewhat guilty because all I did at the United Nations was tell the truth. I have never taken kindly to bullies, and the UN has bullied Israel for a very long time, and we are not going to let that happen anymore. It is a new day for Israel in the United Nations. We just got back from Geneva, talking about the Human Rights Council and hopefully it will be a new day at the Human Rights Council when it comes to Israel.”

She concluded by saying she was greatly looking forward to her visit to Israel and said, “I am looking forward to taking in the history, the beauty, the tradition, and all that comes with the magic of Israel. Thank you very much for having me it is a pleasure to be here.”

Photo credit: Mark Neiman (GPO)

Friday was a beautiful late spring day; the gardens were lovely, the weather was fine; the guests were elegantly attired; the refreshments were generous and delicious; all the makings of a happy celebration marking the National Day of Sweden. H.E. Carl Magnus Nesser, ambassador of Sweden to the State of Israel, hosted the event at the ambassadorial residence in Herzlia Pituach.

The event was attended by many Swedish nationals living in Israel; Swedish music, Swedish food, Swedish sponsors and a generous open bar – all the makings of a happy event.

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A fundamentally agricultural holiday, Shavuot commemorates the custom of bringing offerings to the Holy Temple from the first fruits of the harvest and the first animals born to the flocks.

Shavuot, the Holiday of Weeks, is one of the three pilgrimage holidays, along with Pesach and Sukkot. These are the holidays on which the whole Jewish people would come to Jerusalem​ in ancient times, when the Holy Temple was there, and would offer animal and grain sacrifices.

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Tel Aviv Eat presents three evenings of tastings and workshops featuring the region’s leading restaurants and most prominent chefs. Entrance is free (including the chefs’ demonstrations), and tasting portions range in price from NIS 20-35. Doors open each evening at 18.00. There are several performance stages, live music, and stands selling beer.

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"Only when we remember the families who were torn apart from everyone they loved, who suffered that terrible darkness and evil, who had endured the unbearable horror of the Holocaust, only then can we prevent this agony from ever repeating." President Donald J. Trump

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The Charles Bronfman Auditorium at Habima Square is one of the centerpieces of the Israeli arts and cultural scene, home to the Israel Philharmonic for the last 60 years. On Friday, May 19th, it was home to yet another historic event, with the dedication of the entrance hall to Miri Shitrit of blessed memory.

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President Reuven and First Lady Nechama Rivlin today, (Monday), welcomed President of the United States Donald J. Trump, and First Lady Melania Trump on arrival at Ben-Gurion International Airport, and then at the President’s Residence in Jerusalem.

On his arrival at the President’s Residence, President Trump signed the official guest book and wrote, “It is such a great honor to be in Israel and be with all of my great friends”.

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Currency Exchange Rate

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Alphabet Inc.

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Open 153.75 Mktcap 785.00B
High 153.99 52wk Hight 156.65
Low 147.30 52wk Low 96.42
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Jerusalem Israel Blustery, 32 °C
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34%     11.2 m/s     31.384 atm
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MARKET MOVERS article

NMS : YHOO - 01 Jan,
+0.00 (+0.00%) After Hours:
Open Mktcap
High 52wk Hight 57.39
Low 52wk Low 35.05
Vol 0 Avg Vol 19.80M
Eps 0.71 P/e
Currency:

Alphabet Inc.

NMS : GOOG - 27 Jul, 4:00pm
934.09
-13.71 (-1.45%) After Hours:
Open 951.78 Mktcap 646.15B
High 951.78 52wk Hight 988.25
Low 920.00 52wk Low 727.54
Vol 3.21M Avg Vol 1.77M
Eps 30.74 P/e 31.56
Currency: USD

Apple Inc.

NMS : AAPL - 27 Jul, 4:00pm
150.56
-2.90 (-1.89%) After Hours:
Open 153.75 Mktcap 785.00B
High 153.99 52wk Hight 156.65
Low 147.30 52wk Low 96.42
Vol 32.48M Avg Vol 27.68M
Eps 8.87 P/e 17.66
Currency: USD