The price for olive oil has dropped to its lowest level in a decade and farmers in the Middle East are bearing the brunt as Spain and Italy dump their government-subsidized stocks at below cost.
President Barack Obama vowed on Friday to forge ahead with tough sanctions on Iran, saying there was enough oil in the world market - including emergency stockpiles - to allow countries to cut Iranian imports.
A majority of Americans would support U.S. military action against Iran if there were evidence that Tehran is building nuclear weapons, even if such action led to higher gasoline prices, a Reuters/Ipsos poll showed on Tuesday.
As the price of food staples have risen, Israel's poor and the nonprofit groups that serve them have been hardest hit, with some impoverished Israelis skipping meals to pay their monthly bills
Americans seeking to buy in Jerusalem prefer the neighborhoods of Talbiyeh, Rehavia, Katamon, Baka and Sha'arei Hessed, and are willing to pay up to $1million for apartments of less than 100 square meters, Hershkowitz said. Recently they have discovered Nahlaot, he added, and many people are now buying their holiday homes in this more colorful part of Jerusalem.
"Fish prices have tripled; fish form a significant part of our diet," Diamond told The Journal. "At the rate we're going, most of the world's major fisheries will be gone within a decade."
"We're moving ahead as originally scheduled," said Ralph Stern, of Tustin, who is leading fundraising. In a communitywide appeal in May 2002, he promised a fiscally conservative stance: construction would start when financial goals were met.