If it’s getting big play in the mainstream media (MSM), it’s probably not important. If it’s genuinely important, it’s probably not getting big play in the MSM. That is the guiding principle I have learned to use as a yardstick for measuring what I see, hear and read in the MSM. It has proven to be pretty accurate and hence […]» Read more
February 22, 2017
Bottom line: Service exports closed out a banner year with a record-breaking performance in December — the first month ever in which service exports topped $4bn. After stability in 2015, service exports resumed their rapid growth path in 2016, with over 10% growth overall, led by a 14% jump in high-tech sectors.
A] Manchester local radio This is an interview conducted on ‘Jewish Hour’, a weekly show on Salford City Radio – which is a local radio station in Manchester, UK. I visited Manchester on behalf of Israel Bonds in early December 2016 and the interview – which relates to trends in the Israeli economy in general, as well as discussing Israel […]» Read more
February 21, 2017
Bottom line: More good news from another critical front: Industrial production rose in 2016 — with the main rise coming in the fourth quarter, thanks to a sharp recovery in the high-tech sector. Employment in industry just about held steady — better than the cries of woe from industrialists had suggested. All this provides a strong tailwind for 2017.
February 16, 2017
Bottom line: Nothing to get excited about. As usual, January saw a surplus — because government spending in this month is much lower than average. Tax revenue was impacted by a sharp fall in import taxes and a smaller fall in VAT — all due to the low level of vehicle imports, after the huge surge in December.
February 9, 2017
A series of elections in Europe will, over the coming weeks and months, decide whether Europe is headed for a potentially violent backlash to the Moslem immigration wave — or whether the nativists have left it too late