Latest Israel News
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Man refused overdraft kills four in Israeli bank
JERUSALEM (Reuters) - A gunman shot dead four people execution-style in a bank in Israel on Monday after being refused an overdraft and cash from its automatic teller ...
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Israel calls off UNESCO Jerusalem tour blaming Palestinians
JERUSALEM (Reuters) - Israel said on Monday it had canceled a visit by the United Nations Educational, Scientific and Cultural Organization (UNESCO) to Jerusalem's Old City, saying the Palestinians had sought to politicize a conservation ...
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Hezbollah suffers heavy losses fighting inside Syria
BEIRUT In what may be a first for the Syrian civil war, numerous reports claim Hezbollah suffered heavy losses aggressively fighting alongside the Assad regime's forces in a major battle outside of their home country of Lebanon. It is no secret the Lebanese militant group -- labeled terrorists by many in the West -- has been a strong backer of President Bashar Assad, along with Iran. They ...
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Activists say 28 Hezbollah members killed in Syria
In this Saturday, May 18, 2013 citizen journalism image provided by Qusair Lens which has been authenticated based on its contents and other AP reporting, shows Syrians inspecting the rubble of damaged buildings due to government airstrikes, in Qusair, Homs province, Syria. The town of Qusair has been besieged for weeks by regime troops and pro-government gunmen backed by the Lebanese militant ...
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Symbolic intifada death of boy did not happen says Israel
A 12-year-old boy caught up in a notorious gunfight between Israel's forces and Palestinian militants during the 2000 intifada may not have died in the event and was not hit by Israeli fire, a government inquiry has ...
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Israel gunman shoots 4 dead at bank kills self
JERUSALEM -; A gunman stormed into a bank in the southern Israeli city of Beersheba Monday, killing four people in a gunfight and taking a hostage before killing himself, police ...
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Four Israelis dead in Beersheba bank heist
Assailant, a Jew from Beersheba in his 40s, shoots himself after killing four at Bank Hapoalim; Police suspect man was enraged by the bank's refusal to extend his credit line; Netanyahu labels incident a "terror ...
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Young Israelis struggle to make ends meet
Shaiel and Charlie (short for Charlotte) Yitzhak both work hard - he as an English teacher, she as a physical therapist working with wounded Israeli soldiers. Shaiel also tutors English privately and runs a summer camp for robotics.They have two young children, ages 3 years and 18 months, and they've just purchased an apartment in Jerusalem. By appearances it looks like the life of the ...
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PM Revenge Shootings Unheard of in Israel
Government officials expressed grave concern over the shooting incident at a Beersheva branch of Bank Hapoalim, in which four people were killed. Police said that the shooting was carried out by a 40 year old former IDF officer who owed the bank money. The disgruntled customer attempted to get the bank to relent on his debt and allow him access to his account, but failed. He then went home to ...
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Lapid tells New York Times I hope to succeed Netanyahu
"To say Yair Lapid has been on a roller coaster would be an understatement," states the lead in "The New York Times" interview with Minister of Finance Yair Lapid. It goes on to say, "One recent headline blared about his 'meteoric rise and fall,' another said he had gone from 'political darling to national whipping boy'." The newspaper says that ...
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High-tech cos raised $196m in Q1
Israeli high-tech companies raised $196 million in the first quarter of 2013, 29% less than in the preceding quarter, but 19% more than in the corresponding quarter of 2012, states pwc Israel Kesselman & Kesselman in its quarterly MoneyTree report. Software companies raised 33% of the total capital raised in the quarter, and Internet companies raised 23%. pwc Israel partner, High Tech ...
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Israel cancels planned visit by UNESCO delegation
The Israeli Foreign Ministry on Monday cancelled a planned visit by a UNESCO delegation to Jerusalem due to the efforts of Palestinian factions to politicize it, local media reported.The ministry said the Palestinians are trying to turn this visit into a "fact-finding mission of Israel's moves in Jerusalem. "In statements to Xinhua, a well-placed source said "the ...
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Police probe alleged Yachimovich financial irregularities
The Israel Police has confirmed that it is investigating suspected financial irregularities by Labor Party chairwoman MK Shelly Yachimovich during the party's primaries. The police said that, on April 3, 2013, a complaint was filed with the Rosh Ha'Ayin police against Yachimovich. The material was sent to Investigations Branch chief, Major General Yoav Segalovich, who ordered an ...
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Vandals target Israeli women’s prayer group
Israeli police say vandals have spray-panted slogans on the home of one of the leaders of a liberal Jewish women's group that has angered ultra-Orthodox communities over its demands for equality of ...
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30 Hezbollah fighters killed in Syrian offensive
About 30 fighters from the Lebanese militant group Hezbollah and 20 Syrian soldiers and militiamen loyal to President Bashar al-Assad were killed in heavy fighting with rebels in the town of Qusair, Syrian activists said on Monday.Opposition sources and state media gave sharply differing accounts of the outcome of Sunday's ferocious battles in the town, long used by rebels as a supply route ...
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23 Hezbollah fighters reportedly killed in Syria in clashes by Lebanon border
BEIRUT – Syrian government forces pushed deeper into a strategic opposition-held town near the Lebanese border Monday, battling rebels in fierce street fighting, Syrian state-media said. An activist group said at least 23 elite fighters from Lebanon's Hezbollah militant group fighting alongside regime troops have been killed in the clashes. The Britain-based Syrian Observatory for ...
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Israels Lapid speaks of removing some settlers for peace
JERUSALEM (Reuters) - Finance Minister Yair Lapid, whose new centrist party is the second largest in Israel's government, said on Monday thousands of Jewish settlers would have to be removed from occupied land under any peace deal with the ...
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Israel seeks to rein in company tax breaks
By Steven Scheer TEL AVIV | Mon May 20, 2013 10:07am EDT TEL AVIV May 20 (Reuters) - Israel plans to amend a law granting companies tax breaks and grants to invest in the country as the government tries to close a widening budget deficit. Since taking office two months ago, Finance Minister Yair Lapid has drawn up state spending cuts and tax hikes to close a deficit of over 45 billion ...
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Egypt boosts Sinai forces amid hostage crisis
EL-ARISH, Egypt - The Egyptian army sent reinforcements into the Sinai Peninsula on Monday after President Mohamed Morsi said there would be no talks with militant Islamists ...
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Irans electoral watchdog may ban Rafsanjani
DUBAI - Iran's electoral watchdog said on Monday it would bar physically feeble candidates from running for president, in an apparent hint that it could disqualify 78-year-old former President Akbar Hashemi Rafsanjani from the race.Rafsanjani, if he is allowed to run, would be a significant challenge to conservative hardliners who are ultra-loyal to Supreme Leader Ayatollah Ali ...
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Police Bank Shooter Was Disgruntled Bank Customer
The shooting at a Beersheva bank Monday in which four people were killed was committed by a 40 year old former IDF officer who owed the bank money. Police said that the shooter, whose name was not yet being released, had attempted to get the debt quashed, but failed. The bank had closed his line of credit and blocked usage of his credit card, police said. The former officer had attempted to ...
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Interactive video co Interlude raises $15m
Interlude Ltd. , founded by rock musician and CEO Yoni Bloch, VP product, Tal Zubalsky, and COO Barak Feldman, has raised $15 million. Intel Capital led the round with a $6.5 million investment, and was joined by Yuval Shahar and Ohad ...
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Lapid We need money from purchase tax on homes
Finance Minister Yair Lapid told the Globes-BDO Ziv Haft Capital Market Conference, "If we can't find alternatives, it will remain in place, even if it costs Yesh Atid ...
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IEC seeks to empty workers trustee account
ELEC.B22 ) today petitioned the Central District Court to order the trustee to empty the trust account which money was deposited to pay pensioners. NIS 1.5 billion remains in the account, after IEC withdrew NIS 600 million with the employees' consent a year ago. The IEC workers committee strongly opposes the emptying of the trust account, and already declared a labor dispute at the ...
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Israel backs Kerry peace moves despite internal debate
U.S. Secretary of State John Kerry speaks as he welcomes Prime Minister of Turkey Recep Tayyip Erdogan during a luncheon at the State Department May 16, 2013 in Washington, DC. Alex Wong/Getty ...
Israel Focus
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Biggest construction project in Israeli history
The Port of Ashdod is the gateway to the economy of Israel, it has played a central role in the development of the state and will play a central role in future development, hence the reason for an ambitious $500 million expansion project currently underway in two stages (in the picture, green represents stage 1 and brown stage 2).
The Port of Ashdod is currently undergoing the largest construction project ever undertaken in the history of Israel. In 1999, Israel news media reported that the government wanted to double the cargo capacity of Ashdod, an ambitious construction project was therefore envisioned, involving the building of new piers, new docks, warehouses and cargo handling equipment. It was to take place in two stages, with the total project costing around $500 million. Read more
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