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Israel has $500M gas deal with Jordan, but wider exports still unclear
21 Feb 2014 14:03

Israel has $500M gas deal with Jordan, but wider exports still unclear

Israel has signed its first gas export deal, selling gas worth $۵۰۰ million to Arab peace partner Jordan, but debate is still unresolved on whether the Jewish state will export the bulk of its gas via undersea pipeline or by tanker as liquefied natural gas. The gas that will go to Jordan, Israel's eastern ...

 
Iran warns China oil giant over procrastination
18 Feb 2014 17:31

Iran warns China oil giant over procrastination

Iran Oil Minister Bijan Namdar Zanganeh says China’s oil giant, CNPCI, is facing the prospect of expropriation in a major oil field in Iran should it continue dragging feet on the development project. “The performance of the Chinese company is not assessed as favorable and the necessary ...

 
Viber
11 Feb 2014 17:33

Instant messaging app Viber in talks to be acquired: report

The Viber instant messaging application is in talks to be acquired for $۳۰۰ million-$۴۰۰ million by a leading instant messaging company from Asia, the Calcalist financial newspaper reported on Tuesday. Viber is run from Cyprus by Israeli entrepreneur Talmon Marco and has development centers in Belarus ...

 
Israel pledges 24 million Shekel in aid to Africa
11 Feb 2014 17:23

Israel pledges 24 million Shekel in aid to Africa

In honor of ۵۰ years of diplomatic relations between Israel and Germany, the two countries announced Sunday that they would be launching a joint project for humanitarian relief in developing countries, specifically in Africa. According to Channel ۱, the project, entitled "the Africa initiative,...

 
64% think it
4 Feb 2014 17:52

64% think it's difficult to raise children in Japan

Japan is not an easy place to raise children, according to ۶۴ percent of respondents to a Yomiuri Shimbun opinion poll, marking a drop of ۱۲ percentage points in the rate of respondents who felt the same way eight years ago. In the latest poll, ۹۳ percent of respondents said they were alarmed by the ...

 
Oslo blacklists Israeli firm for settlement ties
31 Jan 2014 11:27

Oslo blacklists Israeli firm for settlement ties

Norway’s huge sovereign wealth fund, the world’s largest, blacklisted two Israeli companies involved in construction of settlements in East Jerusalem, the country’s finance ministry said Thursday. The ban on investing in the firms revived a three-year prohibition on them that the Government ...

 
60,000 US veterans face homelessness
19 Jan 2014 17:00

60,000 US veterans face homelessness

Thousands of US military veterans face homelessness and chronic conditions like alcoholism and post traumatic stress disorder, despite millions of dollars in government spending on the group.The Department of Veterans Affairs (VA) has said it is extending a grant program designed to help reduce homelessness ...

 
Apple to sell iPhones through worlds’ biggest carrier China Mobile
23 Dec 2013 17:15

Apple to sell iPhones through worlds’ biggest carrier China Mobile

Apple, the world's most valuable tech company, and the world's largest mobile carrier China Mobile, have agreed a deal for selling iPhones in China. This puts Apple a huge step closer to getting a massive slice of the world's biggest mobile market. Apple will start supplying its iPhones ۵s and ۵c to ...

 
Gaza recieves first fuel shipment from Qatar
16 Dec 2013 08:31

Gaza recieves first fuel shipment from Qatar

A Palestinian official says the Gaza Strip has received its first industrial fuel shipment in ۴۵ days, bringing much-needed relief to the storm-battered coastal territory. A lack of fuel has hampered the rescue efforts in Gaza, where flooding from heavy rains has forced about ۴۰,۰۰۰ residents from their ...

 
Japan school cancels student exchange with U.S. city over memorial
11 Dec 2013 17:34

Japan school cancels student exchange with U.S. city over memorial

A high school in western Japan has canceled a student exchange program with its U.S. sister city following a disagreement over a memorial dedicated to World War II "comfort women." The school in Higashiosaka, Osaka Prefecture, was planning to send six students to Glendale, California ...

 
Russian billionaire building new oil company – Report
11 Dec 2013 17:29

Russian billionaire building new oil company – Report

Russian billionaire Mikhail Gutseriyev is creating a new oil company through acquisitions and consolidation, according to a Russian newspaper report Wednesday. The company, Neftisa, already has oil production assets worth about $۲ billion, Kommersant newspaper said. Gutseriyev, who is estimated ...

 
10 Dec 2013 17:04

'Some 2.5m Brits will have to borrow for heating'

About ۲.۵ million Britons will have to borrow money to afford heating their homes this Christmas, a new survey has found. The survey by ComRes, commissioned by affordable property group Circle Housing, revealed that around ۷ million people would take out a loan over Christmas, with ۳۵ percent of the ...

 
US to add $173 million for Israel missile defense
10 Dec 2013 17:03

US to add $173 million for Israel missile defense

A defense funding bill for fiscal year ۲۰۱۴ proposed Monday by members of the US House and Senate Armed Services Committees would increase American missile defense spending by some $۳۵۸ million (NIS ۱.۲۵ billion), bringing the total to $۹.۵ billion (NIS ۳۳.۲ billion). The measure also raises spending ...

 
US Congress warns oil firms against Iran business
8 Dec 2013 14:54

US Congress warns oil firms against Iran business

US Congress has threatened giant oil companies with “severe financial penalties” should they resume business with Iran following an interim nuclear agreement. In interviews with The Foreign Policy Magazine, several American officials expressed concerns about the international firms’ interest ...

 
AIPAC pushes for fresh US sanctions against Iran: Report
27 Nov 2013 21:34

AIPAC pushes for fresh US sanctions against Iran: Report

Irked by Iran’s recently-sealed nuclear deal with the Sextet of world powers, the American Israel Public Affairs Committee (AIPAC) has called on the US Congress to push for fresh sanctions against the Islamic Republic. “Congress must...legislate additional sanctions, so that Iran will face ...

 
India surpasses China, US as most attractive investment destination: Survey
24 Nov 2013 16:42

India surpasses China, US as most attractive investment destination: Survey

With relaxation in FDI norms to boost investor sentiments, India has emerged as the most attractive investment destination surpassing neighbouring China and the US, says a report. The global survey of leading consultancy firm Ernst and Young (EY) has ranked India as the most attractive investment destination ...

 
CIA collecting records of money transfers: report
15 Nov 2013 16:28

CIA collecting records of money transfers: report

The CIA is secretly amassing records of international money transfers into and out of the United States, including operations handled by firms like Western Union, the New York Times reported Friday. The Central Intelligence Agency is acting under the same law that the NSA uses to assemble a data base ...

 
Two million Americans will lose jobless benefits
8 Nov 2013 14:56

Two million Americans will lose jobless benefits

A new report warns that more than two million Americans will lose their federal unemployment benefits, if Congress fails to extend the jobless-aid program. Another ۱ million Americans, who exhaust their state benefits, will not be eligible for the federal program in the first quarter of ۲۰۱۳, according ...

 
The Joint Strike Fighter, F-35 by Lockheed Martin. October 5, 2008. (photo credit: Liz Kaszynski/Flash 90)
3 Nov 2013 17:12

Lockheed-Martin to open major subsidiary in Israel

efense giant Lockheed-Martin plans to open a major subsidiary in Israel that will employ hundreds of people, while simultaneously looking to purchase Israeli companies and integrate itself into the Israeli economy, according to a Sunday report. Lockheed-Martin announced earlier this year that it intended ...

 
Hamas getting closer to Iran as financial hardship looms
27 Oct 2013 21:03

Hamas getting closer to Iran as financial hardship looms

Relations between Sunni Hamas and Shiite Iran, which broke down over the Syria issue, have started to improve as Gaza's economic problems have worsened.“Hamas is obliged to meet the demands and needs of the people of Gaza. Thus, although Hamas is an ideological group, its relationship with Tehran ...