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Israel has risen 12 places in an international listing to become the world’s 36th largest economy. So reports Globes, based on a survey by The Economist. Israel was also cited as the fifth fastest growing economy. The survey graded nations’ economies in the years 2001–2005 as compared with 20 years earlier.
Continue Reading »An Israeli company has patented a way to turn oil shale rock into high quality oil and natural gas—a project that may bring jobs to the Negev and low-cost energy to the Jewish state. The Hom Tov (Hebrew for “good heat”) process, the brainchild of A.F.S.K. Hom Tov CEO Yisrael Feldman, involves mixing the bitumen residue left over after refineries produce crude oil together with oil shale rock.
Continue Reading »An Azerbaijani news Web site reported that Turkey and Israel have agreed in principle to build a water and gas pipeline system connecting the Black Sea to the port of Eilat on the Red Sea. The ambitious project involves the building of oil, gas, and water pipelines, as well as electricity and fiber optic cables, as part of a seabed pipeline system in the eastern Mediterranean. Passing through Turkey and bypassing Syria and Lebanon—countries which are hostile to Israel—the pipeline will reach the Israeli port of Ashdod, where an existing pipeline terminates at Eilat.
Continue Reading »Ben-Gurion University of the Negev hosted a major international conference last November on combating desertification, with experts coming to study Israel’s successes in “making the desert bloom.” The conference was sponsored by the Blaustein Institute of Desert Research (BIDR), Ben-Gurion University, the United Nations Convention to Combat Desertification (UNCCD), and the Ministry of Foreign Affairs. The conference was part of international activities marking 2006 as the International Year of Deserts and Desertification, as declared by the United Nations in recognition of the acute problem of desertification or land degradation worldwide.
Continue Reading »Before the winter rains began, while the Kinneret (Sea of Galilee) was still low, police divers began an underwater clean-up campaign. Over the years, junk—dangerous to both swimmers and the environment—has piled up. Magen David Adom, Israel’s emergency service, reported that dozens of Kinneret swimmers have been injured by cans, broken bottles, metal pieces, and other items. Plastic bags, boxes, and other environmental hazards were also removed from the underwater beach.
Continue Reading »In late 2006, 218 Bnei Menashe immigrants arrived at Tel Aviv’s Ben Gurion Airport on El Al flights from Bombay, the largest group of Bnei Menashe ever to come to Israel at once. The newcomers moved into absorption centers in the northern Israeli towns of Karmiel and Upper Nazareth. The International Fellowship of Christians and Jews donated US $1.5 million for their flights.
Continue Reading »A panel of American journalists, writers, and scientists has chosen the Old City of Jerusalem as one of the seven wonders of modern times. The panel chose the city for its central place in religious history and struggle for tolerance. Among the sites said to have elevated Jerusalem to this status are the Western Wall, the Church of the Holy Sepulcher, and the Dome of the Rock, along with the walls and gates of the city.
Continue Reading »A new bike trail will allow bicyclists to ride across the Jewish state. The first 30 kilometers [18 miles] was opened during the holiday of Sukkot [Feast of Tabernacles]. The trail is being built by Derech Eretz, the operator of the Trans-Israel Route 6 Highway, Israel’s first toll road. Bicyclists were just one of the many groups opposed to the construction of the highway, which covered many of their favorite trails with asphalt. Now, the company intends to return some of what was taken.
Continue Reading »The World Economic Forum published its yearly 2006–2007 report, in which it ranks Israel as one of the world’s most competitive economies ahead of Canada, France, and South Korea.
Continue Reading »Oil spurted from a drilling site north of the Dead Sea recently. Drilling partners, Ginko Oil Exploration and Lapidot (20%) estimate they have about 6.5 million barrels of crude oil, worth about US $300 million. The oil was struck at a 1,800 meter-depth (5,906 feet). It is a small quantity by world standards, providing 100 to 150 barrels per day. Number one producer Saudi Arabia produces nine million barrels a day, but Eli Tannenbaum, geologist for Ginko, said there are signs that larger amounts of crude are nearby.
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