Israel

A couple who survived the Holocaust and made a fortune investing with Warren Buffett left a $400 million bequest to Ben-Gurion University (BGU), believed to be the largest-ever gift to an Israeli university. The university’s American fundraising arm announced the gift from the estate of Dr. Howard and Lottie Marcus of...

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Israeli politicians and Jewish leaders hailed British Prime Minister David Cameron on Friday after he announced his intention to resign after the UK voted in a referendum to leave the European Union, a move that Cameron campaigned against. Israeli Prime Minister Benjamin Netanyahu said in a statement Friday that Cameron was a “respected leader and...

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Israel’s unemployment rate dropped to 4.8 percent, its lowest rate since 1983, the Israeli Central Bureau of Statistics announced Thursday. This places Israel in the range of what economists call the “natural rate of unemployment,” which is caused by people changing jobs, retraining, or moving — what’s expected when an economy is doing well — rather than a lack...

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Israeli President Reuven Rivlin told the European Union that the recent French initiative to restart negotiations between Israel and the Palestinians distances prospects of peace, and suggested a number of alternative avenues where the involvement of the international community could be constructive. “The French initiative suffers from fundamental faults. The attempt to...

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June continues to be a hot month for Israeli startups, with companies raising an amazing $356 million in investments 20 days. Just the first week of the month brought in an astounding $237 million. But instead of slowing down as the global markets indicate is happening in the rest of...

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The Israeli Air Force (AIF) and Lockheed Martin unveiled Israel’s new F-35 fighter jet at Lockheed’s aeronautics headquarters in Forth Worth, Texas on Wednesday. The IAF has purchased 33 of the state-of-the-art fighters, nicknamed Adir — Hebrew for “mighty” — and plans to purchase 17 more by 2021 to complete two squadrons. The planes,...

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