Business

Committee recommends dismantling some of Israel's business conglomerates

Economic concentration committee proposes separating large corporations from their financial holdings.

0 comments Yuval Steinitz Benjamin Netanyahu Stanley Fischer Haim Shani - Tomer Appelbaum - 23022012
Israel social protest.
Taking Stock / Israel's matrix began to flicker

It took less than 10 years for the Israeli economy to become an atrophied, corrupt playing field for oligarchs.

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Yaron Zelekha - Gil Cohen Magen - 03112011
Israel expected to adopt proposals to increase competition in vehicle sector

But the minister will now establish a new committee to handle the recommendations' execution.

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Tel Aviv street - Olivier Fitoussi
The psychological poverty trap

The poor aren't less able, they're distracted, says poverty expert Eldar Shafir. Privileged people subjected to the same conditions would also make bad decisions.

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For all his natural gas, Tshuva still needs the institutionals

Yitzhak Tshuva's Delek Group will try to raise some $250 million in the coming months to finance offshore gas drilling.

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Eilat port - Albatross - 22022012
Trustbuster frowning on bids by Ofer, Livnat to buy Eilat port

Demand for special permits is first concrete anti-concentration step.

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Market Report / Stocks drop as institutionals storm for IDB shares

Stock drops 1.5% on gargantuan turnover of NIS 46 million, which is nearly 46 times its average volume of trade.

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Maxine Fassberg - Ilya Melnikov - 23022012
Pesek Zman - Bloomberg - 22022012
Consumer anger leads to drop in sales of Strauss candy bars in Israel

Ex-store owner in U.S.: Israeli firms sold goods for 50% less than price in Israel.

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Ikea’s Netanya branch reopening in March

The new store is slightly larger than its predecessor, which had 25,000 square meters of space.

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Dov Khenin - Tomer Appelbaum - 22022012

Real Estate

Montefiore - David Bachar - 13022012

The allure of Tel Aviv's eastern neighborhoods

As prices and crowding in central Tel Aviv scare buyers away, reasonable options are springing up elsewhere. Just check the leases first.

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Small claims, big headaches

On cases involving a landlady who tried to get a tenant to pay her costs and dog-lovers who weren't their landlord's pet residents.

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Sand castles in the air

Owners in the Carmel Beach Resort sued when the hotels, shops and marina they say the company promised them never materialized - and lost in court.

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Israel 2021

Majdal Krum

New housing for Arab villages stonewalled

Residents are forced to build illegally while the authorities demand an upgraded sewerage system that the Galilee communities cannot afford.

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Taking stock / Retirement savings: The next frontier of the protest movement

It's becoming clear who the market serves. Guess what, it isn't you.

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The shekel drops / The last supper

As 2011 ends, we must admit that true change has not come; the winners so far are the rich and it looks like they will continue partying.

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