Palestinian Prime Minister Salam Fayyad, the key target of nine days of socio-economic protests throughout the West Bank, responded on Tuesday to some of the demands that have been prominent during the course of demonstrations that have become increasingly violent in recent days.
It was the nuts-and-bolts convention that nearly broke down over the most ethereal of issues: Jerusalem and God.
Israel\’s economy would incur damages of as much as 167 billion shekels ($42 billion) should Israel attack Iran over its nuclear program, business information group BDI-Coface has projected.
Mitt Romney may have caused a storm of criticism by asserting that “culture makes all the difference” between the success of the Israeli economy and the Palestinians’ economic struggles.
Taglit-Birthright Israel has contributed more than $535 million to Israel\’s economy since the trip\’s inception in 2000, the organization said.
Israeli restrictions have inhibited what otherwise would have been substantial progress in the Palestinian economy, the World Bank reported.
The Palestinian Authority will pay only half wages this month, Prime Minister Salam Fayyad said on Tuesday, the second time in three months it has taken such a step because of a financial crisis it blames on donors failing to provide promised funds.
One of the parties expected to form part of Ireland\’s next governing coalition is looking to Israel for economic inspiration. The left-leaning Labor party, which is second in the polls and expected to be the junior partner in Ireland\’s government following the Feb. 25 general election, has said Ireland should follow Israel\’s example of technology-led growth and development to help regain the competitiveness it has lost since the dot-com bubble burst a decade ago.
For Israel, the Jewish year 5770 was characterized by ups and downs in relations with the United States, growing international alienation and a virtual stalemate in Middle East peacemaking — until the summit meeting in Washington just before Rosh Hashanah.
Israeli economic growth unexpectedly accelerated to its fastest pace in more than two years.
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