The major indices on the Tel Aviv Stock Exchange (TASE) traded almost unchanged Tuesday with the TA-35 moving 0.03 percent and the TA-125 edging up 0.21 percent.
By Sandy Eller
If I had to pick my favorite reason to shop at dollar stores, it would have to be the greeting cards.
By JNi.Media
The PA is deceiving Western donors, falsely claiming to have stopped paying terrorist prisoners' salaries
The dollar was trading at 4.01 shekels shortly before noon Friday, the highest rate since 2012. The Bank of Israel reported Friday that it bought $1 billion worth of dollars last month in its currency war to make the shekel cheap and increase exports. The shekel-rate sneaked across the 4.00 level last week but quickly receded. […]
It has been a one-way trip for the shekel since July, when the rate was 13 percent lower.
The higher rate is good news for Israelis with dollar accounts and for U.S. tourists.
The shekel-dollar rate continued its sudden rise Friday and was quoted at more than 3.605 shekels to the dollar for the first time a year. The rate had dropped to as low as 3.40 this summer. The Jewish Press noted last year that the rate was likely to go down to at least 3.40 if […]
How low can you get? The shekel-dollar rate sank to a 28-month low Tuesday, and a dollar now is worth only a tad more than 3.46 shekels, compared with 3.50 shekels a week ago and 3.75 a year ago. A shekel now is worth 29 cents, compared with 25 cents a year ago. That means […]
The shekel-dollar rate sank to a two-year low Wednesday, reaching to as low as under 3.56 shekels to the dollar, after President Barack Obama called off a Senate vote on giving him permission to attack Syria. One shekel now is worth slightly more than 28 cents, good news for Israelis wanting dollars but terrible for […]
One dollar bought slightly more than 3.57 shekels Monday morning as the shekel lost some of its recent strength, possibly because of the violence in Egypt, according to the Atrade foreign exchange service. The shekel also weakened against the Euro. The Israeli currency, which most analysts believe will strengthen over the long-term, was trading at […]
The American dollar’s worldwide weakness helped drive down the shekel-dollar rate to below 3.53 shekels to the dollar Thursday, the lowest level since September 2011. One shekel now is worth 28 cents. Analysts have pointed to the lack of certainty over who will replace Stanley Fischer as Governor of the Bank of Israel, but the […]
Google out-navigates Facebook. Google will pay $1.3 billion for Waze. Coming on top of $2 billion purchase of Iscar, and rumors of SodaStream next in line, Big Business is far from boycotting Israel.
If you can’t beat’em, join’em. PepsiCo is reportedly bidding $2 billion buy out the Israeli SodaStream firm. A buyout could jeopardize the factory in Maaleh Adumim because of the boycott movement.
The shekel-dollar rate has soared 4 percent in the past two weeks, with the latest jump today (Wednesday) prompted by expectations that the Bank of Israel will lower the interest rate again in June. The rate crossed the level of 3.69 shekels to the dollar on Wednesday after having dropped under 3.55 shekels to the […]
Bank of Israel Governor Stanley Fischer announced on Monday a surprise cut the prime interest rate as part of his battle to fight the appreciation of the shekel and help the economy to keep growing. The financial markets responded with the shekel-dollar rate rising more than 1.5 percent to the level of 3.61 shekels to […]
Warren Buffett’s Berkshire Hathaway is paying $2.05 billion for the remaining 20 percent of IMC International Metalworking Co, otherwise known as Isracar, completing the buyout that began with the giant $4 billion purchase of 80 percent of the company in 2006. “We are delighted to acquire the portion of the company that was retained by […]
Bank of Israel Governor Stanley Fischer launched a new war on the falling shekel-dollar rate Monday and ordered the purchase of $100 million of greenbacks, soon after the rate dropped close to 3.59 shekels to the dollar for the first time in nearly two years. The massive purchase catapulted the rate from the 18-month low […]
Despite it's Muslim Brotherhood government, the US has decided to send 20 more F-16 fighter planes to Egypt, FoxNews reports. Egypt already has 200 planes, and these 20 are part of an order placed by the U.S., for former president Hosni Mubarak 2 years ago, as part of a $1 billion dollar foreign package to […]
Come right in and step right up. See the bright lights and the oddities of nature. Inside folks, for the low price of twenty-two trillion dollars, you can see Binders of Women, Team Big Bird and entire reams of green windmills and fields full of bayonets and horses. Here lies become the truth and everything is full of sugar. And the highlight of the show with be Barack, the Exotic Prince from the Wilds of Indonesia and Kenya, with a special appearance by Oprah and a hologram of JFK. Here in the Carnival of Fools, the party never stops and no one ever has to pay the bill.
Iran’s currency fell a whopping 16 percent on Monday to a record low of 34,500 rials to the dollar, plummeting from 29,500 rials on Sunday.
A $1 million dollar prize has been announced which will go to the individual or team with the highest potential for helping people around the world by the non-profit organization Israel Brain Technologies.
The shekel strengthened against the dollar and euro in trading after the Rosh Hashana holiday. Tel Aviv’s foreign currency exchange market was closed Monday and Tuesday for the Jewish New Year.
By Rotem Sella
Prominent Americans like David Petraeus have been saying non-stop that Israel does not have the capability to destroy Iranian Nuclear capacities, and surely not Iran's ambition to go nuclear. But if Israel can indeed delay the project while in the meantime having taken out of the picture one of Iran's most important allies, then things might look very different from the office of Prime Minister Netanyahu.
While his website pitches branded bangles, running shorts, baby bibs, golf divots, blankets and a "Michelle 2012" gold pin, the real action is happening where the big men and women are being pitched more tangible benefits of another four years from a guy who spent 5 billion dollars a day. An administration which in its first term compelled every American to buy health insurance as a penalty for breathing has a lot to offer its crony capitalist billionaires.
Whether you are staying home for Pesach or going away, it is nice to have something new to enhance this special Yom Tov. With rhinestone monograms now so readily available you can turn many household items from ordinary to extraordinary.