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Seaport battle looms as Israel plans new competition

Israel is betting its economic future on high-tech exports but faces a low-tech bottleneck in state-owned seaports subject to work stoppages and slowdowns because of the enormous strength of their unions.

A mitzvah called shmooze

In a crummy economy, people are always looking for good investments — a promising stock, a real estate opportunity, a star mutual fund. It’s really not that different in the “mitzvah economy”— donors and do-gooders are also looking to squeeze the maximum amount of goodness out of every charity investment.

A gridlock bypass in Congress?

A remarkable thing happened in Washington, D.C., last week. National leaders of business and labor hammered out an outline on immigration reform. This might not only give a major boost to a new immigration policy; it might also show a path around the gridlock that has driven the nation into budgetary face-offs month after month.

JVS vying for $150,000 in national contest

The Great Recession is technically over, but for many job seekers — particularly in the Los Angeles area — it certainly doesn’t seem that way.

Obama pledges to stand with Israel, stop Iranian bomb, in State of the Union

President Obama pledged to keep Iran from obtaining a nuclear bomb and to "stand steadfast" with Israel in his State of the Union speech.

Rise of Golden Dawn: A presage of doom

The undisguised extremism promoted by Golden Dawn is a chilling watershed in Greece's post-war democracy. Fascist gangs are turning Athens into a city of shifting front lines, seizing on crimes and local protests to promote their own movement, by claiming to be the defenders of recession-ravaged Greece.

Bank of Israel Governor Stanley Fischer to step down

Stanley Fischer is stepping down from his position as governor of the Bank of Israel.

Israeli economics 101

Ofek Lavian has two passions: business and Israel, his native land. What he felt that he was missing when he went to college at the University of Southern California was an opportunity to learn about his home country while interacting with people who shared his same interests in it.

Israeli markets cheer centrists’ election gains

Israeli markets rose on Wednesday on investor hopes that the outcome of the previous day's election means Benjamin Netanyahu will remain prime minister and ultra-Orthodox parties have no role in government.

Will Republicans let Lew get to Treasury?

Jacob Lew helped Orthodox observance reach the highest precincts of governance. But can a man that Republicans say “can’t get to yes” be confirmed as secretary of the Treasury?

Jewish groups praise fiscal cliff deal, remain concerned about future cuts

While not totally satisfied with the results, many Jewish groups have come out in support of Congress’ last minute efforts to reach a fiscal cliff deal.

Egypt’s contentious Islamist constitution becomes law

Egyptian President Mohamed Morsi signed into law a new constitution shaped by his Islamist allies, a bitterly contested document which he insists will help end political turmoil and allow him to focus on fixing the economy.

Fiscal cliff threatens all Californians

Who should worry about the looming package of automatic tax hikes and spending cuts that will hit this nation if Congress cannot come to a deal to avoid what has come to be known as the “fiscal cliff?”

Senior service providers wary as New Year approaches

They’ve weathered five years of economic crisis, relentless state budget cuts and growing demand for their services. Now, social service providers for seniors in the Los Angeles area are bracing for a new slew of challenges in 2013.

As Israel’s economy grows, more Israelis are giving to charity

At Hadassah's centennial celebration in October, 2,000 guests heard about two major philanthropic projects being undertaken by the women's Zionist group: a new tower and a new cardiovascular wellness center at its Jerusalem hospitals.

Avoiding the ‘Jewish fiscal cliff’

The main Capitol Hill sport these days (after obsessive coverage of the Petraeus scandal) is how the government can avoid the impending “fiscal cliff.”

Israel’s middle class increasingly squeezed

At Israeli weddings, gifts of china, silver and art are not welcome. Guests are expected to bring their checkbooks and contribute to a young couple’s purchase of their first home, often bought with substantial help from the newlyweds’ parents.

Economic costs of Gaza fighting

Last Friday, Moshe Ahituv (not his real name) received another call-up from the Israeli army. A captain in the home front command, he had already completed 43 days of army reserve service this year.

Widespread khat addiction threatens Yemen’s future

Abdulmalik, a 13-year-old boy from Yemen’s capital city Sana’a, started chewing khat leaves at the age of seven. “My father would pass me small handfuls at weddings,” he told The Media Line. “But I didn’t start chewing every day until I turned 12 and started to work. Khat gives me energy for work.”

From Madoff to Sandy and on eve of GA, federations retool when crisis hits

The national headquarters of the Jewish Federations of North America could not have been in a worse location when Sandy struck.

In their own words: What Berman and Sherman would do with another term


Five challenges facing the American pro-Israel community in the next four years

The American pro-Israel community has a lot of work to do. While many pro-Israel organizations in the United States, including AIPAC, Christians United for Israel, Stand with US and Hasbara have been extremely effective in defending the Jewish State, there is always more we can do. Here is a list of the five greatest challenges facing the American pro-Israel community in the next four years.

Why we support Prop. 30

There are those who say California doesn’t have seasons. But sadly, when it comes to California’s chronic budget deficit, each fiscal year brings yet another dreary forecast calling for drastic cuts to services for our state’s most vulnerable residents.

A note to a stiff-necked people

To those Jews planning to vote for Obama: Are you prepared to explain to your children not the principles upon which your vote is cast, but its probable effects upon them?

Is cutting Big Bird kosher?

When Governor Mitt Romney talked about ending funding for PBS – and Big Bird – during his first debate with President Obama, he was describing only one of the deep cuts in Romney-Ryan budget.

How to win the foreign policy debate? Go domestic


Foreign policy: In favor of Romney

Mitt Romney likes to recount a conversation he had with Shimon Peres, the president of Israel, back when he was governor of Massachusetts. Peres told him that “America is unique in the history of the world for its willingness to sacrifice so many lives of its precious sons and daughters for liberty, not solely for itself but also for its friends.”

Netanyahu praises EU for new Iran sanctions

Israeli Prime Minister Benjamin Netanyahu praised the European Union for adopting new sanctions against Iran.

Palestinian street begins to sound like Spring

Since the beginning of the Arab Spring almost two years ago, the West Bank and Gaza Strip have been remarkably quiet. There have been no large demonstrations against what Palestinians call the ongoing Israeli occupation; or against President Mahmoud Abbas and Prime Minister Salam Fayyad.

First presidential debate spotlights economy, health care

President Obama and Mitt Romney focused on revenue and spending, with an emphasis on health care, in their first presidential debate.

U.S. should heed call for a clear Iranian red line

Israeli Prime Minister Benjamin Netanyahu made a persuasive case at the United Nations General Assembly Thursday for a clear red line to ward off Iran’s nuclear weapons program. Time is running out and the United States should listen to the Israeli leader and draw a clear line for Tehran.

Hamas worried as Egypt closes tunnels

For years, the tunnel economy in the Gaza Strip has flourished. An estimated 1,000 tunnels were burrowed underground, connecting the southern Gaza town of Rafah and the Egyptian–controlled Sinai Peninsula. Everything from new cars (cut up into pieces for shipping) to cigarettes to weapons to drugs came through the tunnels.

Palestinian money woes

Could the Palestinian Authority’s budget woes end up costing Israel?

Israel transfers money to PA to ease economic crisis

Israeli Prime Minister Benjamin Netanyahu ordered the transfer of some $63 million to the Palestinian Authority to help ease its economic crisis.

Palestinian PM responds to unrest with economic program

Palestinian Prime Minister Salam Fayyad, the key target of nine days of socio-economic protests throughout the West Bank, responded on Tuesday to some of the demands that have been prominent during the course of demonstrations that have become increasingly violent in recent days.

Democrats return to the economy after Jerusalem detour

It was the nuts-and-bolts convention that nearly broke down over the most ethereal of issues: Jerusalem and God.

Report: Iran war could cost Israel economy $42 billion

Israel's economy would incur damages of as much as 167 billion shekels ($42 billion) should Israel attack Iran over its nuclear program, business information group BDI-Coface has projected.

Romney's comments aside, the Palestinian economy is tottering

Mitt Romney may have caused a storm of criticism by asserting that “culture makes all the difference” between the success of the Israeli economy and the Palestinians’ economic struggles.

Romney’s foreign controversies overshadow economic message

Republican Mitt Romney's campaign tried to keep the domestic political focus on the U.S. economy and jobs on Monday, although the effort was overshadowed by more controversy from a foreign trip after he made remarks that upset Palestinians.

World Bank: PA economy not strong enough to support a state

The Palestinian economy is not yet strong enough to support a sovereign state because of its heavy reliance on foreign aid, according to a World Bank report.

Occupy Ideas

It’s May. The grunions are running and so are the members of Occupy L.A. They wriggle up from the cold and dark, plant their tushies on the warm ground and squirm about frantically, desperate to get something accomplished, until a massive tide sweeps them away.

Why Privileged White Girls Need Real Jobs


Is luck dead?

The trouble with kids these days is that they think luck counts more than they should. That’s the diagnosis of America’s young people offered by a New York Times opinion piece this past weekend. Generation Y has moved back home and given up on gung-ho because in these recessionary times, they’re putting too little weight on the importance of effort and too much weight on the riskiness of risk.

Birthright has contributed $535 million to Israel’s economy

Taglit-Birthright Israel has contributed more than $535 million to Israel's economy since the trip's inception in 2000, the organization said.

Hourglass economics


Obama’s proposed budget cuts concern Jewish groups

Jewish organizations expressed concern at cost-cutting proposals in President Obama's $3.8 trillion budget for 2013. B’nai B’rith International and the Jewish Council for Public Affairs both released statements outlining their issues with provisions in the budget.

Economy more worrying than Mideast for Florida Jews

Newt Gingrich describes the Palestinians as an invented people and seeks covert action against Iran, while Mitt Romney accuses President Barack Obama of throwing Israel under a bus. But the Republican presidential candidates' tough talk on the Middle East in Florida before Tuesday's primary is doing little to sway the state's large Jewish population from its longstanding support for the Democrats.

Social service agencies facing more complex needs

Two years ago, I did a series of interviews with Jewish community members hit hard by the recession. At that time, they were mostly optimistic that things would turn around soon, but when I checked back this month, I found that they’re all still struggling to find their footing in this unstable job market. Social service agencies I contacted say this is not surprising.

U.S. tightens sanctions on Iranian economy

With new measures tightening sanctions on Iran, the United States moved one step further toward effectively cutting off the Islamic Republic's economy from the West.

Gene Simmons to save the day


No laughs for ‘Funny Girl’


Occupy L.A. raises more questions than it answers

From the very beginning of the Occupy Wall Street movement, people wanted to know why. Why did a group of protesters calling themselves “the 99 percent” take up residence in Zuccotti Park in Lower Manhattan on Sept. 17?

Opinion: How Occupy will end

No one knows what difference Occupy Wall Street will turn out to make.

AJC poll: Approval of Obama drops to dead heat

As many Jewish voters approve of President Obama's performance as disapprove in an American Jewish Committee poll that shows much disappointment stems from his handling of the economy.

Did Israel, gay marriage or the economy make the difference in GOP’s win in N.Y.?

Was it Israel, same-sex marriage or the Obama administration’s handling of the economy?

World Bank: Israel hampering Palestinian economy

Israeli restrictions have inhibited what otherwise would have been substantial progress in the Palestinian economy, the World Bank reported.

Cash-strapped Palestinians cut pay in half for September

The Palestinian Authority will pay only half wages this month, Prime Minister Salam Fayyad said on Tuesday, the second time in three months it has taken such a step because of a financial crisis it blames on donors failing to provide promised funds.

Boomerang Kids


Tooth Fairy money and other useless artifacts of choice…


Undocumented Workers: Good for America? Good for the Jews?