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Breaking News From Israel :Mon, 12 May 2008 07:56:06 -0400 Rice pushes for urgent action in Israel-Palestinian talksThe Bush administration has told Israeli and Palestinian leaders they will need to show progress in their secret talks soon, or risk a potentially fatal erosion in public support for a process now in its sixth month without any obvious successes. US friendship with Israel Only last month, US federal authorities charged an American man for spying on behalf of Israel, passing on nuclear and other closely guarded secrets, in a case connected to the more infamous Jonathan Pollard case of the 1980s. Indian origin scientist identifies new gene trigger for preeclampsia London, May 12 : A scientist of Indian origin and his team at Beth Israel Deaconess Medical Center (BIDMC), have identified a gene called COMT - commonly associated with schizophrenia - that plays a role in preeclampsia, a leading cause of maternal and neonatal morbidity. Former Defence Secretary questioned by CBI in Barak missile deal New Delhi, May 11 : CBI has questioned former Defence Secretary and UPSC Chairman Subir Datta as part of its probe into the alleged irregularities in the Rs 1,150 crore Barak missile deal. Renault, Nissan to invest up to $1 bln in Israeli electric cars -project founder PARIS (Thomson Financial) - The head of an Israeli-backed electric car project on Sunday said its partner, the Renault-Nissan alliance, would likely invest $500 million to $1 billion in the swappable-... 6 of 10 Israelis think Olmert can Israeli Prime Minister Ehud Olmert attends the weekly cabinet meeting in Jerusalem Sunday, May 11, 2008. THE ASSOCIATED PRESS/Sebastian Scheiner, pool JERUSALEM - According to a new poll, six out of ... Fidelity units buy 5.2% stake in Israel Chemicals ) shares are continuing to make headlines, even though the latest wave of hysteria surrounding commodity prices, potash included, now appears to have died down. Investment services group Fidelity Inte... Fuel supply resumes to Gaza plant Kaanan Obeid says he expects the power plant to start operating again later Monday.Obeid has said the plant was shut down Saturday because it ran out of fuel supplied by Israel. It was not clear wheth... Israeli Prime Minister Ehud Olmert Prime Minister Ehud Olmert had accepted hundreds of thousands of dollars in illegal campaign contributions from an American benefactor when he was mayor of Egypt intel chief has Egyptian intelligence chief Omar Suleiman said on Monday he had "high expectations" that a cease-fire deal could be reached between Israel and Hamas Islamists controlling the Gaza Strip.Suleiman, arri... Irena Sendler, who saved 2,500 Jews from Holocaust, dies at 98 Her team of some 20 people saved the children between October 1940 and April 1943, when the Nazis burned the ghetto, shooting the residents or sending them to death camps.Sendler led a team of some 20... Death Toll Mounts From Gun Battles At least 36 people were killed in battles between Hizbollah gunmen and pro-government forces in mountains east of Beirut over the weekend, it has emerged. 13 heads of state, 3,500 guests - and one Shimon Peres U.S. President George W. Bush, former British prime minister Tony Blair and media mogul Rupert Murdoch are among the 13 heads of states and 3500 guests expected to attend President Shimon Peres' Presi... ANALYSIS / Who will stop Hezbollah Not the Lebanon Army Hezbollah's rapid and savvy raids of recent days brought to light the true balance of power in Lebanon, and, at the same time, the close connection between the Lebanon Army and Hezbollah.Witness accou... Germany and Israel are important trading partners, but the relationship remains a complicated one. Germany is Israel's second most important trading partner. But both countries are struggling to change misperceptions and enhance business relations. Israeli police on high alert ahead of international conference Jerusalem - Israeli police have increased their alert level to one grade below an emergency situation ahead of an international conference of world leaders, President George W Bush among them, to take... Talk of Livni as Olmert The situation has created tension between Olmert and Livni, whose relations have been cool ever since Livni called for Olmert's resignation after publication of the interim report of the Winograd Comm... Olmert to Visit Egypt for Talks as Gaza Strikes Ashkelon fighting used for gathering strength.Olmert will be visiting Egypt himself this month. The visit was agreed upon by Olmert and President Hosni Mubarak when they spoke on April 30. The two agreed that ... Hezbollah forces take revolt to mountains Pro-government Druze leader says fighting Hezbollah "useless," offers truce Residents in Beirut say they hear explosions in nearby mountains Government says it retook Beirut; some residents ... Israel After 60 Years - an Insight "Ever since King David made Jerusalem the capital of Israel 3,000 years ago, the city has played a central role in Jewish existence. Three times a day for thousands of years Jews have prayed. To ... Sixty years on, Israel emerges as an economic force While the reforms of the 1980s stabilized the currency and began the retreat from socialism, these measures globalized Israel's economy. With the budget deficit shrinking within five years from 7% to ... Startup shows off electric car planned for Israel Israelis got a first demonstration Sunday of the electric car that developers hope will revolutionize transportation in the country and serve as a pilot for the rest of the world. Hizbollah fighters corner US allies in Lebanon BEIRUT: By briefly taking over Beirut, Hizbollah has shown a readiness to use force against the governing coalition and could bring more to bear in an attempt to end Lebanon's power struggle on its te... Israeli Stocks Chart A Prosperous 60 year Path , most emerging markets have had a "much rougher run" and it's one of the few markets EPFR Global tracks that is in the black, Brandt said. "The outlook for it, if the recent optimism about the U.... Lahoud holds Hezbollah responsible for Lebanon crisis Beirut - In a press release issued to the media, former MP Nassib Lahoud held Hezbollah accountable for the recent violence and the security of the country in coming days. International Writers Festival opens in Jerusalem In a country as conflicted as Israel, hosting a group of highly respected authors from around the world who come to talk about literature and life is not a feat to be taken for granted. So when hundre... Hezbollah fighters pile pressure on Lebanon rivals Lebanon's factional violence is raging on in the mountains around Beirut, as gunmen from the Iranian-backed Hezbollah movement battled Druze allies of a government which is supported by the US. T... Gaza power plant to resume operation as Israel promises fuel delivery Gaza power station will resume operation on Sunday as Israel promised to allow fuel into the Gaza Strip, director of Palestinian Petroleum Agency (PPA) said. Israel told the PPA that it will allow 700... Israel not to get involved in Lebanon Israel is closely watching developments in Lebanon, but will not get involved in the latest outbreak of violence there, a senior Israeli defense official said Sunday. Deputy Defense Minister Matan Vil... Israeli PM vows to end rocket attacks from Gaza Israeli Prime Minister Ehud Olmert vowed on Sunday that Israel will bring an end to rocket attacks from the Gaza Strip. Speaking at the weekly cabinet meeting, Olmert said Hamas is responsible for all... Israel, Palestinians need to show progress WASHINGTON (AP) — The Bush administration has told Israeli and Palestinian leaders they will need to show progress in their secret talks soon, or risk a potentially fatal erosion in public sup... Police suspect money transferred to PM outside campaign season The prime minister further said the funds were also intended to cover losses. He said he had met Talansky 20 years ago and acknowledged receiving funds from him, saying they were campaign contribution... Trapped between Israeli bureaucracy and customers with limited means Its content division operates studios, a children's Web site ("without politics", stresses Jaber), and this year hopes to launch the first private television station in the PA. Paltel has built a fibe... Palestinian refugees, Israeli left-wingers mark Nakba Several dozen Palestinian refugees, public figures and Israeli left-wing activists conducted a tour Sunday of the West Jerusalem neighborhoods of Talbieh and Baka to mark the 60th anniversary of the N... Hezbollah foiled US coup bid Al-Baath on Sunday said Hezbollah had foiled a US-planned coup to seize control of Lebanon during the gunbattles which rocked the country. "The Americans launched a pre-emptive strike against... Hezbollah Launches Offensive Outside Beirut Posted on: Sunday, 11 May 2008, 21:00 CDT BEIRUT _ Fighters of the Shiite Hezbollah movement launched a new offensive Sunday against the Chouf mountains southeast of Beirut, driving out pro-governmen... Leader concerned current crisis will impact fiscal discipline Analysts at Leader Capital Markets said today that they expect last Friday's fall in returns in the US to have a positive impact on the local bond market. However, they note that the future of Israel'... Israel on Its Birthday Families and young children with glowing necklaces and light-up ears swarmed the streets as Israel celebrated its Independence Day on Wednesday, May 7. Battles Rage On as Army Hunts Down Hezbollah (newser) – Fighting raged on in Lebanon today after Hezbollah pulled out of West Beirut and faced army troops in the north and Druze mountains, AFP reports. One woman died and five were wounded in... In Talansky case, Olmert One thing police investigators hope to accomplish in their investigation of the Ehud Olmert-Morris Talansky affair is to break the long-standing bonds of loyalty between the prime minister, attorney U... 60 Years On, Palestinians Visit Lost Jerusalem Homes Eighty-year-old Beatrice Habesch sobbed when she caught sight of her father's house in Jerusalem on Sunday and remembered how it was taken over by Jews in 1948. "This is our house! This is m... FIMI to invest $23.5m in Ophir Optronics ). FIMI is buying five million shares at $4.71 per share, amounting to 20% of the company. Ophir Optronics manufactures precision infrared optics components and laser measurement equipment. The compan... Despite construction freeze, winery rises near W. Bank outpost A new winery is currently being set up in the West Bank, in an area three kilometers from Migron, an outpost that the state promised the Supreme Court would be removed by August. The establishment of ... Africa Israel offers to pay $250 million for 60% of Indian real estate company IDEB Lev Leviev's Africa Israel has offered Indian real estate developer IDEB Projects $250 million for a controlling interest (60%) of the company. Sources close to IDEB note that the parties have yet to ... UPSC chief quizzed on George NEW DELHI: The CBI has questioned UPSC chairman Subir Datta to verify certain details regarding the role of former defence minister George Fernandes in alleged irregularities in the Rs 1,160 crore ... Olmert receives boost from own party OCCUPIED JERUSALEM (Reuters) - Top members of Israeli Prime Minister Ehud Olmert's party closed ranks behind him on Sunday, praising his response to bribery suspicions that could force him from office... Israel Considers Truce Offer From Hamas A Middle East ceasefire could be in the offing during a week of high diplomacy. But Israel has mixed feelings, as we hear from Robert Berger at the VOA bureau in Jerusalem. Israel is considering a tr... Soccer / Dramatic match between Maccabi Haifa and Maccabi Tel Aviv ends in six-goal thriller Maccabi Haifa and Maccabi Tel Aviv each went home with one point yesterday after they drew 3-3 in a dramatic, seesaw match. The point will help distance Maccabi Tel Aviv from possible relegation. Macc... Hizbollah battles Druze, 5 dead BEIRUT (Reuters) - Shiites loyal to Lebanese opposition group Hizbollah battled Druze supporters of the ruling coalition east of Beirut on Sunday, adding to the worst civil strife since the 1975-90 wa... Contributor to Olmert denies bribe allegation Tel Aviv - The campaign contributor in the middle of the latest allegations against Israeli Prime Minister Ehud Olmert denied Sunday that he intended to bribe the leader. In an interview with Israeli ... Israeli troops face more scrutiny for abuse of Palestinians - rights group JERUSALEM: The number of probes of Israeli soldiers suspected of committing offenses against Palestinian civilians more than doubled last year compared to 2006, an Israeli human rights group said on S... Top Kadima members back Olmert amid bribery allegations Top Kadima party members closed ranks behind Prime Minister Ehud Olmert on Sunday, praising his response to bribery suspicions that could force him from office and disrupt peace efforts with the Pales... Israel to consider Egypt-backed Gaza truce proposal Israel said on Sunday it would consider an Egyptian-brokered Gaza Strip ceasefire proposal signed by 12 Palestinian factions but remained non-committal about its prospects for success."We have to exam... Junior lecturers to disrupt studies in protest against work conditions Junior academic staff on Monday will start disrupting studies at universities across Israel in protest against the employment conditions of external lecturers.Danny Shpruch, of Tel Aviv University's j... Hezbollah Fighters Heed Call to Leave Streets of Beirut Posted on: Sunday, 11 May 2008, 12:00 CDT By Zeina Karam Associated Press BEIRUT, Lebanon -- Hezbollah gunmen melted off the streets of Beirut on Saturday, heeding an army call to pull the fighters o... Embattled Israeli PM gets boost from party JERUSALEM (Reuters) - Top party members closed ranks behind Israeli Prime Minister Ehud Olmert on Sunday, praising his response to bribery suspicions that could force him from office and disrupt peace... Broad indexes are lower but in tech, Ceragon and Alvarion rise TEL AVIV (MarketWatch) - The main Israel stock indexes were lower on Sunday after a four-day weekend, but technology issues were strong, led by double-digit increases in Alvarion and Ceragon. Israel must probe death of teacher we employed in Gaza A United Nations agency called on Israel on Sunday to investigate the death of a Palestinian teacher employed by the agency who was killed in her home during an Israeli raid last week in the Gaza Stri... Data storage start-up Exanet in takeover talks - report Exanet Inc. could become the latest firm in the sector to be acquired. Last week, "Barron's" quoted Pacific Growth Equities analyst Kaushik Roy as saying that Fujitsu Siemens Computers could acquire t... State relaxes criteria for Holocaust survivors The appeals committee for the implementation of the Nazi persecution law decided on Sunday that people who were incarcerated in Romania and Bulgaria during the Second World War are to be recognized as... Israel Post threatens layoffs Israel Post Company Ltd. is threatening to lay off 150 employees immediately and cancel the planned hiring of 700 contract employees as regular employees because of a dispute with Minister of Communic... World War II veterans mark VE day in Jerusalem march The Immigration and Absorption Ministry held in Jerusalem on Sunday afternoon a march commemorating 63 years since the victory over Nazi Germany, with the participation of hundreds of Second World War... Chelsea draw with Bolton makes Man. United Premier League champions Matthew Taylor scored a 90th-minute equalizer Sunday for Bolton to draw 1-1 at Chelsea as the Blues finished the Premier League season as runner-up behind Manchester United. Jerusalem planners okay route of new bridge to Mugrabi Gate Jerusalem's City Hall on Sunday said its planning commission has approved the route of a new bridge to the hotly disputed Temple Mount, a site holy to both Muslims and Jews.An earthquake damaged the o... Lebanon must be viewed as a ," after the Shiite guerilla group seized control over the Lebanese capital over the weekend. "Lebanon has no government. It is a fiction, there is only Hezbollah," Ramon said during the weekly cabine... US warns Israeli and Palestinian leaders over stalled talks Washington: The US government has warned Israeli and Palestinian leaders that they will lose public support for the peace process unless they can show progress in the near future. The message was pass... British Israel to rent out historic Jerusalem building ) will convert a historic building in downtown Jerusalem into commercial space at a cost $10 million. The company will lease the building and is in talks with a number of retail chains, including New ... Hamas Rocket Nearly Hits Busload of Students in Sderot (IsraelNN.com) Following a weekend of over 20 mortar shells and rockets, Hamas fired a rocket Sunday afternoon that narrowly missed a busload of students in the parking lot of Sapir College in Sderot.... Microsoft CEO Ballmer to visit Israel Microsoft CEO Steve Ballmer will visit Israel on Wednesday, May 21, to inaugurate the new R&D campus of Microsoft Israel Ltd. in Herzliya Pituah. President Shimon Peres will attend the ceremony. Ballm... Broadband chipset co CopperGate buys Conexant technology CopperGate Communications Ltd. has acquired the AV powerline technology of Conexant Systems Inc. (NYSE: CNXT). The company did not disclose the value of the contract. The sale includes all Conexant's ... New Israeli Law Hampers PA Arab Chop-Shop Industry (IsraelNN.com) A new Israeli law, which went into effect at the beginning of last month, bans Israelis from having their cars repaired in Palestinian Authority-controlled areas - and car thefts are al... Alrov buys Tel Aviv building from British investor ), controlled by chairman Alfred Akirov, has bought Tel Aviv's Asia House for $61 million from UK investor Melvin Cooper, the owner of property developer Mountcharm Ltd. Located near the Tel Aviv Cour... Hezbollah wages war on Druze in Mount Lebanon Machinegun fire and heavy artillery echoed throughout the village of Aitat, 20 kilometers southeast of Beirut. Mortars were fired between opposition and government supporters across Aley hills. Sunda... Israel gets first look at prototype of revolutionary electric car Israelis got a first demonstration Sunday of the electric car that developers hope will revolutionize transportation in the country and serve as a pilot for the rest of the world.The silver car doing ... We will keep Israel Democratic presidential hopeful Barack Obama has told Israeli television that Israel's security would remain a priority should he win the race to the White House.I think that what people can be assure... Uneasy peace after Hezbollah pullout BEIRUT, Lebanon - Lebanese troops patrolled Beirut on Sunday after Hezbollah fighters pulled back from areas they had seized in gun battles with supporters of the U.S.-backed government. But clashes b... Israeli Hikers Return Fire, Kill Arab Terrorist (IsraelNN.com) Five youths hiking through the fields north of their hometown Beit El on Friday afternoon were attacked by two armed Arab terrorists. The Jews, following military procedure, called for ... Hezbollah Begins to Withdraw Gunmen in Beirut BEIRUT, Lebanon — Hezbollah and its allies began withdrawing their gunmen from the capital here on Saturday evening, raising hopes for a political settlement after four days of street battles t... Largest Israeli real estate firms double assets Israel's top 50 real estate firms increased their investment by 94% to an aggregate NIS 203 billion, reveals Dun & Bradstreet (D&B) Israel's Dun's 100 Real Estate company rankings. The five largest re... Merrill Lynch finds Check Point closes product gap ) a "Buy" recommendation with a target price of $28, compared with Friday's closing price of $23.62. Check Point presented at Merrill's 2008 technology conference in New York. Merrill Lynch analyst Ga... Tao, Financial Levers sell Manhattan property at a loss ), has sold its stake in a Manhattan office building for $4.8 million. The company owned 20% of Metropolitan 292 Madison Ave LLC. The companies did not disclose the name of the buyer. The building is ... Actimize unveils rogue trade solution Actimize Ltd. has unveiled its solution for uncovering rogue trading at securities companies - the Employee Trading Fraud solution. The solution is based on a core analytics and profiling engine and a... Olmert vows to impose Israeli Prime Minister Ehud Olmert has blamed the Islamist Hamas movement for all attacks from the Gaza Strip and warned that "calm" would be imposed by force if they did not cease. "Hamas is the dom... Dozens of refugee children outside school system TEL AVIV, 11 May 2008 (IRIN) - Hope may be on the horizon for dozens of children of refugees and asylum-seekers who fell through the cracks and have been left out of the education system since the sch... Middle East Quartet backs continuing Israeli-Palestinian negotiation efforts issued in London, after a meeting there of its principals, the Quartet &#8211 which comprises the UN, the European Union, Russia and the United States &#8211 commended both sides &#8220for their conti... State employees suspected of smuggling foreign workers into country Immigration Administration investigators arrested Eight residents of southern Israel Sunday for smuggling dozens of foreign workers into the country.The eight are suspected of illegally brining the fo... Businessman Benjamin Gaon succumbs to cancer at age 73 Businessman Benjamin (Benny) Gaon passed away Saturday at age 73, after a fight with cancer. Gaon is known for taking the reins of Koor in 1988, when the company was in difficult straits, rehabilitati... Troops patrol as Hezbollah pulls back LEBANON troops are patrolling Beirut today after Hezbollah fighters pulled back from areas they had seized in gunbattles with supporters of the US-backed government that have killed 39 people. But f... Israeli jets overfly Lebanon Beirut - A flight of Israeli warplanes Sunday violated Lebanon's airspace over southern Lebanon, a security official said. "More than four Israeli jets overflew areas near the port city of Tyre," the ... Israel to hear Egypt on Gaza truce idea on Monday JERUSALEM (Reuters) - Israel will host an Egyptian mediator on Monday to hear a proposal for a truce with Hamas in the Gaza Strip, though the Jewish state would still shun direct negotiations with the... Interior Ministry continues HP talks on smart ID cards ) over the smart ID card. A tender was cancelled in November 2007. Last week, the ministry notified the Jerusalem Administrative Affairs Court, which is hearing HP's claim against the government over ... Israel says it won Occupied Jerusalem: Israel says it is closely watching the outbreak of violence in Lebanon but will not get involved at this point. Israeli Deputy Defense Minister Matan Vilnai says that Israel must b... Former Koor CEO Benny Gaon dies at 73 Businessman Benjamin Gaon died last night at the age of 73 after a long illness. He was surrounded by family at Tel Aviv Sourasky Medical Center - Ichilov Hospital in Tel Aviv. Gaon was president of t... Israel to discuss Hamas proposal with Egypt Occupied Jerusalem: Israel will hear a proposal for a truce with Hamas in the Gaza Strip when an Egyptian mediator visits on Monday, though the Jewish state will not take part in direct negotiations w... Ormat Technologies sells shares to Lehman Brothers ) will sell 3.1 million shares to Lehman Brothers Inc. (NYSE: LEH) in a block trade at $48 per share. The share fell 7% on Friday, but rose 0.8% in after after-hours trading to over $50, giving a mark... Israel Corp. looks at BG The Israel Corporation, controlled by Sami Ofer and his son Idan, is negotiating with energy giant BG (formerly British Gas) to buy its holdings in the Gaza Marine natural gas field off the Gaza coast... Hamas militant killed in Gaza explosion Israel , the group said Sunday.The Islamic group's military wing says the member was killed and another injured during a "holy mission." Such language is used when explosives meant for an attack on Is... Lebanese Army overturns anti-Hezbollah steps The opposition move came after the Lebanese army stepped in to resolve the crisis. "The opposition welcomes the army's decision and will proceed with the withdrawal of all its armed elements so t... |
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