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Needed: Goliaths instead of Davids
Israel needs more than start-up exits, it needs companies that can scale up to global giants. Web builder Wix is taking up the challenge.
Voting our pockets, or our fears
Events have conspired to put the high cost of living on the election back burner
On wings of carbon
Israel Aerospace Industries is engaged in high-tech manufacturing for the F-35 fighter jet project.
Ultra-Orthodox: Burden to society or have the potential to launch us forward?
The politicians have forgotten the ultra-Orthodox issue at the election platforms, but if a serious effort will not be made to integrate them into society, we will reach a majority of ultra-Orthodox in the country that will be poor and mainly unproductive. How can we change that?
The pensions time bomb
In less than a decade, payments from the old-age benefits fund will exceed income, and by 2042 or earlier, the whole fund will be gone. Despite 20 years of legislation and reforms, the penion crisis has become worse.
Xin Chào, Vietnam!
Vietnamese want to learn the Israeli ‘secret sauce’ of technology-intensive entrepreneurship
Is it possible to find an optimal middle ground between excessive democracy and the proposed governance law?
In Israel’s “excess democracy”, with elections and new governments every two years or so, it is difficult to get stable government or to manage a thriving economy — but the solution is not the proposed governance law which glues ministers to their chairs.
Shocks, sheikhs and shale
The price of oil peaked at $145 a barrel in July 2008 and is now below $50. The cause: Saudi oil sheikhs refuse to slash production to stabilize prices, while American shale production soars.
This provides background for controversy over Israel’s natural gas resources; Antitrust Commissioner David Gilo announced he is rescinding an agreement that effectively gave Noble and Delek a monopoly on gas production from the Tamar and Leviathan fields. Experts believe Israel should explore converting natural gas to the equivalent of crude oil.
Tel Aviv white elephant
The ‘New’ Central Bus Station languishes in semi-neglect, a strange, partly unseen, humming underworld of activity.
This is the story of an enormous white elephant in south Tel Aviv, the New Central Bus Station. However, it is neither new – it is now a half-century old – nor central.
Oil price reductions should not make us too complacent
OPEC, Organization of Petroleum Exporting Countries, decided last week not to reduce oil production. This means, in a world of supply and demand, falling prices. Why such decision was made? It can be assumed that the decision, in part, was made to reduce the profitability of gas production from gas shale in the US and to “put to sleep” the Americans in their bid to become energy self-productive. In Israel, as well, one cannot ignore the need to become more energy efficient and promote more renewable energy into the market.
