Not yet moving to Monday-Friday trade
In Israel, the workweek begins Sunday, which can be a problem for the financial services industry. Some in the industry would like to change the Sunday through Thursday workweek to one that operates Monday through Friday, but securities regulator Shmuel Hauser isn't sure that's necessary. The chairman of the Israel Securities Authority said he won’t yet demand a change in trading days to align the country’s stock exchange with markets abroad, a move proposed by the bourse to lure more funds and boost volumes.
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The Israeli startup that’ll help prevent food-wasting
About one-third of food never makes it to the marketplace; in developing countries the figure is usually higher. Spoilage, disease and transportation issues whittle away producers’ and marketers’ profits – and raise consumer prices. Israeli company Pimi Agro Clean Tech tries to change that, and help feel millions of starving children worldwide. Not by producing more food, but by dramatically cutting wastage on route to the consumer.
A pioneering jaw surgery performed on a young Syrian
A 23-year-old Syrian has received a pioneering jaw implant made from titanium after a bullet wound in his country’s civil war completely destroyed his lower jaw. Haifa’s Rambam Medical Center announced the successful operation using the customized artificial jawbone created on a 3D printer. The dental implant company that manufactures the implants – Ashdod-based AB Dental – provided the Syrian man with the metal “bone” at no charge, while the Health and Defense ministries and Rambam covered the cost of the procedure.
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Google Street View is back in Israel
Google Street View returned to Israel three years after it first photographed the nation’s streets. The Google cars and tricycles, fitted with 360-degree cameras to take panoramic images, will visit Tel Aviv, Jerusalem, Haifa and other cities in order to update the online mapping tool.
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Israel’s new regulations on natural resources is scaring off investors
New regulation of Israel's natural gas and mining industries aimed at increasing competition to bring down prices is scaring off investors, putting billions of dollars at risk. The rules, introduced over five years for many sectors but hitting natural resource companies particularly hard, allow the break up powerful conglomerates that dominate Israel's economy, with the goal of reducing high living costs, a major voter complaint ahead of the March 17 national election.