TLR 154 – Not Déja Vu

This issue interrupts the planned discussion of Israel’s changing political environment, in exactly the same way as its subject – the recent “Pillar of Defence” operation in Gaza – interrupted the political and election processes. But once this discussion is complete, the focus will return to domestic politics – as it already has in the country.

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TLR 153 – Long Live The Status Quo?

The Israeli economy is chugging quietly along, with a run of better-than-expected data sending the bears back into hibernation (and the stock market soaring). Even the corporate scene, with its long list of tycoons and their empires in varying states of distress, has become boring and ‘samey’. The only show in town is the elections – which, ironically, also ensure […]

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TLR 151 – Tension, Turmoil and Trouble

The relentless rush of events in Israel and across the region has caused this issue to change its format and content several times over the course of its writing. It is now focused solely on Section A: Regional Developments, because geo-politics has come to overshadow everything else on the agenda. Even within the regional cauldron, there is so much happening […]

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134 — Joining the Dots

For several months now, the number one item on the agenda of global financial markets and the global economy has been the European (originally merely Greek) crisis. Yet, although its indirect impact has been strongly felt in Israeli financial markets, it can hardly be said that this has been the number one topic on the local agenda. On the basis […]

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Where do we go from here? The alternative scenario

In sharp contradistinction to the mainstream, the alternative scenario has as its starting-point the fact that the Israeli economy, and the pre-state Mandatory economy before it, has a long-established pattern of counter-cyclical behaviour vis-à-vis the global economy. I stress the words ‘fact’ and ‘established’, because they are crucial. To support them, let me briefly summarise the economic history of the […]

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