Inside Israel and the Palestinian Territories
Israel’s economy is, in large part, mirroring what is happening elsewhere in the world – with job losses, factory closures and all the other symptoms of the global financial meltdown.
One sector though is defying all the odds.
Elbit Systems – an Israeli company that makes electro-optics, airborne systems, unmanned aerial vehicles (UAVs) and command and control systems – announced this week a record 4th quarter with profits rising 32.6 percent and strong forecasts for continued growth in the year ahead.
Their results presentation gave the company a chance to show off some of its latest technologies as you can see from the video below.
While the credit crunch is forcing governments, companies and individuals around the world to rethink spending across a huge range of goods and services, defence spending seems to be immune.
By Tova Cohen
Though it’s considered one of the top three cabinet posts in Israel’s government, in these troubled times there seems to be no takers in Benjamin Netanyahu’s Likud party for the job of finance minister, according to the Yedioth Ahronoth daily.
Netanyahu, who is in the process of putting together a government after last month’s general election, is seeking to give the finance post to someone in his own party, but senior members are reluctant to step into this “honey trap”, the country’s top selling daily reported.
Israeli newspapers are abuzz this morning as they mull over the possibility that ultranationalist Avigdor Lieberman could be appointed foreign minister in the government that Benjamin Netanyahu is working to stitch together.
The strong showing by Lieberman’s Yisrael Beiteinu (Israel our Home) party in last month’s election – where it won the third most Knesset seats ahead of the Labour Party - has put the Moldovan-born former nightclub bouncer turned bureaucrat in a strong position in the lobbying for top ministerial posts in the new government.
To be in the right place at the right moment – this is every photojournalist’s dream. To be on the scene to record the “decisive moment” with your camera.
Most photojournalists around the world consider Israel and the Palestinian Territories as ”heaven” for great stories providing great pictures. Well they are wrong.
Israel’s political picture has been so unclear and complicated since an indecisive Feb. 10 election that President Shimon Peres said he asked right-wing leader Benjamin Netanyahu to put it down on paper that he had in fact agreed to accept his mandate to go out and form the next Israeli government.
“And he has put it in writing, so now my mind is at ease,” Peres joked as he announced his decision to designate Netanyahu, rather than centrist Foreign Minister Tzipi Livni, as potential prime minister — once he completes that task of coalition building.
Coalition-building in the aftermath of Israel’s inconclusive Feb. 10 election kicks into high gear on Wednesday, when the final results become official and President Shimon Peres begins sounding out party leaders on whom he should appoint to try to form the next administration.
To recap: neither the centrist Kadima party led by Foreign Minister Tzipi Livni nor Benjamin Netanyahu’s right-wing Likud won enough seats for a majority in the 120-member parliament. Kadima took 28 seats to Likud’s 27, but Netanyahu could stand a better chance of getting the nod from Peres because he is likely to have the support of a majority right-wing bloc of 65 legislators.
A predawn victory party for Israeli Foreign Minister Tzipi Livni had all the trappings of a fairytale, including a ballroom setting in a Tel Aviv hotel.
The woman who had edged ahead of rival Benjamin Netanyahu in a national election stood to become Israel’s first woman prime minister in 30 years, and she had surely beaten the odds to get there, just weeks after polls predicted a resounding defeat for her centrist Kadima party.
from Global News Journal:
Who remembers the Google Wars website that was doing the viral rounds a few years back – a mildly amusing, non-scientific snapshot of the search-driven, internet world we live in?
It lives on at www.googlebattle.com where you can enter two search terms, say ‘Lennon vs. McCartney’ or ‘Left vs. Right’, and let the internet pick a winner by the number of search hits each word gets.