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Israel Accepted into the OECD

Good news for Israel. The OECD voted unanimously to invite Israel to join. Unanimous votes are the only way nations are admitted to the OECD.

Lieberman: Russia-Israel relations must rise to strategic partnership level

“I’ve been saying all along that relations between Israel and Russia must rise to a level of strategic partnership. This is even more relevant today, then previously”

Turkey to Invest $12 Billion in Iranian Natural Gas Partnership

“Turkey will invest $12 billion on developing phases of South Pars offshore gas field in southern Iran and construction of gas pipeline from Assalouyeh to Turkish border,” Hilmi Guler said yesterday.

IDF Winter Forecast: Hot in Gaza

It’s possible to shield Nahal Oz, maybe even Sderot “, says a senior officer,” but what about Ashkelon, and even further, Ashdod and Kiryat Gat?

McCain Speaking at UNM 10/6/08

In less than a month, the American people will make a choice on where they want this country to go, and who they trust to lead us in a time of war and economic crisis.

Saudi Mortgage Investors Falling Harder than the US

At least 35 Saudi investors are facing semi-bankruptcy as a result of purchasing US mortgage bonds, Al-Riyadh Arabic daily said quoting business sources.

Europe Decides No International Finance Cure

European leaders pledged to continue bailing out their own nations’ banks, stopping short of a regional rescue effort

IMF head urges tighter control of financial markets

IMF’s Strauss-Kahn said the IMF was “ready to do what is required if we are given the mandate,”

Crisis on Wall Street: Downgrades deepen AIG woes

AIG, the troubled insurer that sits at the heart of the financial system, on Monday had its key credit ratings cut, potentially triggering billions of dollars of collateral payments on its many derivatives trades.

Asian markets tumble after Lehman collapse

Asian stock markets plunged Tuesday after the collapse of Lehman Brothers caused a meltdown on Wall Street

Memos: “Congestion Charge” at Israeli Docks

Strike action at Israel’s ports gets next to no media coverage and thus Israeli officials allow the action to drag on even though it is not only increasing the cost of trade

Germany Sinks Iran Sanctions with Gas Deal

The deal was approved a month before the German chancellors March stood up in the Knesset, promised to push for further sanctions against Iran and declared that Israels security was nonnegotiable.