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David Rosenberg

David Rosenberg
Latest Articles by David Rosenberg
Outgoing Bank of Israel Governor Stanley Fischer.
David's Harp / Fischer's act of desperation

Why the abrupt policy switch on stifling the shekel? The BoI governor may feel that not only his legacy but Israel is at stake.

2 comments
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  • David's Harp / Why Israel Chemicals should not be sold
  • David's Harp / Why Israel Chemicals should not be sold
  • David's Harp / Hugo Chavez, Yair Lapid and useful pigs
Anti-austerity protesters in France.
David's Harp / Time to uncork the fiscal champagne?

Israel is crying for the very austerity Europe is rejecting. But our policy is driven not by dogma, but by dread.

0 comments
Israel Chemicals’ Dead Sea magnesium plant.
David's Harp / Why Israel Chemicals should not be sold

Simply put, there's no upside for Riki Cohen, just for Idan Ofer and Canada.

0 comments
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  • Canada's PotashCorp drops takeover bid for Israel Chemicals
  • In surprise move, Lapid vows to block Canadian takeover of Israel Chemicals
  • David's Harp / Fischer's act of desperation
El Al loyalty
David's Harp / Israel with Open Skies and without El Al

Liberalizing aviation will certainly bring more tourists, but don't assume the national carrier will be around to enjoy it.

0 comments
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  • Open Skies pact presents El Al with nothing but challenges
  • In strike-ending deal, El Al gets first-class treatment
  • The hidden taxation of Israel's skies
Prime Minister Salam Fayyad - Daniel Bar-On
David's Harp / Salam Fayyad: The latest victim of the Arab Spring

The PA prime minister's vision of a functioning, democratic Palestinian state was defeated by the realities of a new Middle East.

8 comments
More On This Topic
  • Palestinian President Abbas accepts PM Fayyad's resignation
  • Fayyad's resignation: The beginning of the end of the PA?
  • David's Harp / Three intifadas and you’re out
Turkey's flag
David's Harp / When talking Turkey, think natural gas

There is one place where Israel can throw its weight around vis-a-vis Ankara: its new-found energy resources.

4 comments
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  • Turkish company lobbying Israel for gas exports to Turkey
  • Israel to pay Turkey tens of millions over Gaza flotilla deaths, sources say
  • Drama, but not yet a reconciliation: Israel and Turkey
  • Noble Energy warns it may quit Israel if tax rules are revised again
Yair Lapid Channel 2 TV.
David's Harp / Three cheers for Yair Lapid

It seems that fortune has abandoned him just as he completes his move from the TV studio to the Finance Ministry.

1 comments
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  • David's Harp / Israel's poor, poor middle class
  • David's Harp / Yair Lapid: New politics, or just born yesterday?
  • David's Harp / Three intifadas and you’re out
  • David's Harp / Hugo Chavez, Yair Lapid and useful pigs
  • Israel's Facebook politician finds that new media comes with a price
  • Lapid's wealthy 'middle class' by the numbers
  • If Israel needs a bailout, the man on the street will pull for the Cyprus model
Yair Lapid, leader of the Yesh Atid party, center.
David's Harp / Yair Lapid: New politics, or just born yesterday?

The Yesh Atid leader and his unlikely partner Naftali Bennett seem to have wrested control of economic policy. Or have they?

0 comments
More On This Topic
  • David's Harp / Hugo Chavez, Yair Lapid and useful pigs
  • David's Harp / Three intifadas and you’re out
  • Should Haredim work? Yes. Can they? Not so fast.
  • David's Harp / Three cheers for Yair Lapid
Chavez
David's Harp / Hugo Chavez, Yair Lapid and useful pigs

It may not be fair to devote more attention to the middle class than the poor, but it’s the class that gives back the most to society.

2 comments
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  • David's Harp / Three intifadas and you’re out
  • David's Harp / The passing away of Pax Israelitica
  • David's Harp / Can't turn Palestine into Singapore
  • David's Harp / Yair Lapid: New politics, or just born yesterday?
  • David's Harp / Three cheers for Yair Lapid
  • David's Harp / Fischer's act of desperation
Party Michal Fattal
Hungover in Israel's bond market – and partying on

Still suffering the aftermath of the last big bond orgy, investors are getting back into bed with the same dubious sorts.

0 comments
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  • All that glitters / Yes, Dankner is cutting your hair
  • As other tycoon-owned groups wilt, Tshuva's Delek blossoms
  • IDB Holding offers new debt rescheduling proposal to bondholders
  • Hapoalim goes to court to collect from Moti Zisser
  • Debts threaten to put Israeli tycoon's home into hands of receivers
  • Knesset panel votes to cut bank mutual fund fees
  • Nochi Dankner gets to keep IDB, bondholders get haircut
A Palestinian standing near a burnt car, allegedly torched by Jewish settlers, in the West Bank
David's Harp / Three intifadas and you’re out

A Third Intifada is an event waiting to happen among the Palestinians, and Prime Minister Benjamin Netanyahu seems incapable of doing what it takes to avert it.

1 comments
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  • Due diligence / It’s the economy, stupid. Not
  • David's Harp / Can't turn Palestine into Singapore
  • David's Harp / The passing away of Pax Israelitica
  • Why hasn't a third intifada broken out yet among the Palestinians?
  • David's Harp / Hugo Chavez, Yair Lapid and useful pigs
  • David's Harp / Yair Lapid: New politics, or just born yesterday?
  • David's Harp / Three cheers for Yair Lapid
  • Tel Aviv area gets poorer while standard of living rises in West Bank settlements
  • David's Harp / Salam Fayyad: The latest victim of the Arab Spring
Diapers
David's Harp / Israel's poor, poor middle class

Israeli consumers are not just picky, as the boss of Super-Sol moaned this week. They are really scrounging to get through the month.

4 comments
More On This Topic
  • Report: Israel's middle class lives like the West's working class
  • Due diligence / The year of the rich man
  • Due diligence / It’s the economy, stupid. Not
  • Israel's mad men giving their field bad PR
  • Capitalism's dark side
  • Israel's Labor Party must go to work
  • Israelis happy, says OECD, despite low ranking on income and education
  • David's Harp / Three cheers for Yair Lapid
  • Tel Aviv area gets poorer while standard of living rises in West Bank settlements
  • Israel needs a political protest now
aurora borealis Norway
Why can't Israel be the Norway of the Near East?

The Scandinavian states seem to have everything - a welfare state, strong state finances and globally competitive industry. Having an efficient and honest government and an inviting environment for big businesses is one way to get there.

40 comments
More On This Topic
  • Stanley Fischer, the Israeli economy's single parent
  • Due Diligence / Getting the men in black into green
  • David's Harp / Is there a doctorate in the house?
Stanley Fischer.
Stanley Fischer, the Israeli economy's single parent

A responsible adult, the governor has devotedly tended to the economy. But where is his partner at the treasury?

2 comments
More On This Topic
  • Stanley Fischer, superhero of Israel
  • Stanley Fischer, are you deserting a sinking ship?
  • Who will fill Stanley Fischer's big shoes?
  • Fischer was the 'responsible adult' of the Israeli economy
  • Stanley Fischer to step down early from Bank of Israel
  • Why can't Israel be the Norway of the Near East?
Haredim at a wedding
Due Diligence / Getting the men in black into green

The Haredi draft is less about fairness than the need to create a pool of labor for the economy, which only army service can create.

0 comments
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  • Compromise on drafting yeshiva students to IDF would allow Shas into coalition
  • Israel's new, post-election agenda: first the ultra-Orthodox, then Iran
  • Unnatural bedmates: Time for Haredim to cut loose from the Likud
  • Why can't Israel be the Norway of the Near East?
  • Likud-Beiteinu attempts to woo Lapid with new IDF conscription plan
  • A special IDF draft age for Haredim could cost the state a fortune
Social protest
Netanyahu’s inheritance is his own diminished fortune

Netanyahu's economic policy was more about dodging bullets than identifying targets and doing any shooting itself.

1 comments
Money, Currency, Shekel - Reuters - 29.8.11
Israel's start-up nation is long on spirit, short on cash

Entrepreneurs abound, but where will they will get the money to finance their ambitions?

0 comments
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  • Israeli start-up Wix to make $75 million IPO in the U.S.
  • Another take on the start-up nation, this one a bit less glamorous
  • Does Israel have what it takes to create the next Instagram or Facebook?
Yair Lapid
Due diligence / It’s the economy, stupid. Not

Yair Lapid's brand-new party Yesh Atid captures the Israeli zeitgeist the best. The man himself may have a general idea of what he aspires to, but he can’t make up his mind how to get there.

0 comments
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  • Yacimovich, Lapid slam Livni over 'calculated' call for unity
  • Three parties separated by a common purpose: To dethrone Netanyahu
  • Amid talks of a center-left union, Lapid calls Livni and Yacimovich to join Netanyahu government
  • David's Harp / Israel's poor, poor middle class
  • David's Harp / Three intifadas and you’re out
Brain
David's Harp / Is there a doctorate in the house?

With so many of the best and brightest residing abroad and opportunities to start businesses at home so limited, Israel is wasting its most valuable resource.

1 comments
More On This Topic
  • Why can't Israel be the Norway of the Near East?
  • Start-up of the week / Where the homeland security and telecom industries meet
Tents on Rothschild.
Due diligence / The year of the rich man

Israel isn't quite Saudi Arabia, where riches and economic distress go hand in hand, but we’re looking more and more like it.

1 comments
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  • David's Harp / Israel's poor, poor middle class
Egyptian President Mohammed Morsi.
Due diligence / Will Morsi go the way of Mubarak?

If Morsi is undone, it will probably be more because of Egypt’s disastrous economy than resistance to an increasingly repressive Islamic rule.

0 comments
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  • Egypt court accepts Mubarak's appeal of life sentence, orders retrial
A view of the West Bank Jewish settlement of Maale Adumim is seen near Jerusalem
David's Harp / Can a patch of desert bring down Israel's economy?

Netanyahu is on his way to a massive election victory but still feels compelled to kowtow to right-wing voters no matter what the cost to the country’s international standing.

2 comments
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  • U.S. officials hint at Obama's new peace tactic: Stand back and let the world confront Netanyahu
  • U.S. intel predicts: Palestinian state to exist by 2030, but not peace with Israel
  • Netanyahu's greatest disability: the social agenda
Workers at the Dimona Kitan plant.
Due diligence / Don't bury the textile industry

Kitan's closing its Dimona plant isn't the last breath of a dying sector.

0 comments
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  • The empress knows her clothes
Kitan
Don't bury the textile industry just yet

For all the wailing, Kitan closing its plant in Dimona is an economic non-event. Nor does it symbolize the last breath of an ailing sector.

0 comments
Feel happy
Due diligence / If life in Israel is so bad, why do I feel so good?

The country’s less-than-laudable economic performance has been accompanied by a lot of white noise that leaves consumers thinking they’re doing fine.

0 comments
More On This Topic
  • David's Harp / One man's deficit
  • David's Harp / A Haredi draft, or an economic tsunami
  • David's Harp / Start-up nation at risk of shut-down
  • David's Harp / The Flaming Eggplant boycott goes too far
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A pro-Hezbollah rally in southern Lebanon.
Israeli officials: More EU states backing move to list Hezbollah as terror group
By Barak Ravid | 11:00 PM | 3
Landmine, land mine - Reuters - 21.9.11
Israeli soldier killed during land mine clearing near Syrian border
By Gili Cohen | 09:58 PM | 2
police car - Moti Kimche
Bodies of two girls aged three and five found in southern Bedouin town
By Yanir Yagna, Jack Khoury | 09:33 PM
Bird
Israel's motley mosaics
By Miriam Feinberg Vamosh | 12:36 PM

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