<![CDATA[Hedgehogs.net: '' related content (page 4)]]> http://www.hedgehogs.net/tag/israel?offset=30 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366422/delek-group-announces-consolidated-results-for-the-first-six-months-of-2014 Fri, 05 Sep 2014 10:23:26 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366422/delek-group-announces-consolidated-results-for-the-first-six-months-of-2014 <![CDATA[Delek Group Announces Consolidated Results for the First Six Months of 2014]]> 11366422 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366178/israels-economy-shekeled-and-bound Fri, 05 Sep 2014 08:41:39 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366178/israels-economy-shekeled-and-bound <![CDATA[Israelâs economy: Shekeled and bound]]>
More guns, less butter
JUDGING by the actions of the Bank of Israel, Israel’s central bank, the economy is in worrying shape. The bank’s Monetary Committee, at its monthly meeting on August 25th, cut its main interest rate from 0.5% to 0.25%—the lowest on record.Few had seen the cut coming. Bond prices prior to the move had implied that there would be no change in rates for the next three months. The bank had only just cut rates by a quarter of a percentage point the month before, matching the previous record low. Furthermore, the statement accompanying July’s cut had a hawkish tone, implying that the cycle of interest-rate cuts that had begun in September 2011 was at, or near, its end.The main change since the July meeting has been the Israeli army’s latest incursion into Gaza, in response to rocket attacks on southern Israel. The hostilities have dented consumption, especially in the southern part of the country, near Gaza. Tourism, which accounts for 7% of Israel’s GDP, has slumped throughout the country, ruining this year’s peak summer season. But the Bank of Israel suggests that the fighting, and the drag on the economy it has...

http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366160/muslim-america-islamic-yet-integrated Fri, 05 Sep 2014 08:41:08 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366160/muslim-america-islamic-yet-integrated <![CDATA[Muslim America: Islamic, yet integrated]]>
THE State Department estimates that up to 100 American jihadists are fighting in Iraq and Syria. A video appearing to show a second American journalist being beheaded by the Islamic State is circulating. You might think this would be a difficult time to hold the annual conference of America’s largest Muslim organisation.Yet the Islamic Society of North America’s gathering, which took place in Detroit over the Labour Day weekend, served as a reminder of how well America is assimilating a religious minority that has often struggled to feel at home in Europe. The conference hall was filled with Muslims of different races wearing clothes that identified them with different traditions. The Islamic Boy Scouts had a stand, as did a Muslim liberal-arts college from California. People discussed how to erect mosques without infringing America’s arcane building regulations, or swapped business cards in the food court. The star turn was a Southern Baptist, Jimmy Carter (whose grandson is in the news, too: see page 42). The only overt hostility to Israel came from two Hasidic Jews in fur shtreimel hats, who had come from Brooklyn to announce their...

http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366155/the-georgia-governors-race-deal-or-no-deal Fri, 05 Sep 2014 08:41:02 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11366155/the-georgia-governors-race-deal-or-no-deal <![CDATA[The Georgia governorâs race: Deal or no Deal]]> BOYISH looks and wide eyes betray his lineage. Jason Carter is running for governor of Georgia, a post his grandfather Jimmy held before he was president. The Carter name is both a boon and a burden. It is unlikely that Jason would have cruised to the Democratic nomination without it. However, the 39th president has a mixed reputation even in his home state. Liberals applaud his Nobel peace prize and his charity work. Conservatives, who are more numerous in Georgia, remember the malaise of the late 1970s, the botched Iranian hostage crisis and the ridiculous episode of the “killer rabbit”.The younger Mr Carter insists that he is his own man. Christian conservatives, who form a big chunk of the Georgian electorate, tend to be pro-Israel; so whereas Jimmy Carter talks of Israeli “apartheid”, Jason stresses his support for the Jewish state. He distances himself from his grandfather’s love of green regulations and hostility to oil pipelines. Unlike his grandpa, he is pro-death penalty and no foe of the gun lobby. The elder Mr Carter obligingly plays a “minimal” role in his campaign.Will this be enough for Jason to win in a state that is far more Republican than it was in Jimmy’s day? It could be close: the RealClearPolitics poll of polls puts Mr Carter’s Republican opponent, Nathan Deal, two percentage points ahead. Mr Carter has raised $1m more than Mr...

http://www.hedgehogs.net/pg/blog/CentralBankNews/read/11365747/monetary-policy-week-in-review-aug-2529-2014-markets-mull-draghi-as-israel-cuts-colombia-raises-rates Mon, 01 Sep 2014 04:23:22 +0100 http://www.hedgehogs.net/pg/blog/CentralBankNews/read/11365747/monetary-policy-week-in-review-aug-2529-2014-markets-mull-draghi-as-israel-cuts-colombia-raises-rates <![CDATA[Monetary Policy Week in Review â Aug 25-29, 2014: Markets mull Draghi as Israel cuts, Colombia raises rates]]>     Speculation over further monetary easing by the European Central Bank (ECB) dominated global monetary policy last week as markets continued to digest the implication of Mario Draghi’s speech in Jackson Hole.
    In his speech on Friday Aug. 22 ECB President Draghi said he will use "all the available instruments needed to ensure price stability" and is "ready to adjust the policy stance further."
    In addition, Draghi went beyond his normal language about the need for fiscal discipline and called on euro area policymakers to loosen the fiscal strings and get serious about structural reforms that can improve the area's global competitiveness.
    Whether Draghi and the ECB will embark on full-blown quantitative easing this week following another decline in inflation in August is one of the major factors that will influence sentiment in global financial markets, increasingly rattled by unsettling news from the Ukraine and the Mideast.
    Underscoring the economic toll from fighting in Gaza, Israel last week cut its policy rate for the third time this year to 0.25 percent in response to slowing economic growth, falling inflation and a decline in its shekel currency.
    Whether the Bank of Israel (BOI) was thinking about the ECB was not clear, but in its statement the BOI predicted continued accommodative monetary policy by major central banks for an extended period of time, a comment that may be prescient given that both the Federal Reserve and the Bank of England are currently shifting toward monetary tightening.
    The Central Bank of Colombia was the only other central bank that changed its rates last week, raising its intervention rate for the fifth consecutive time to curb inflation.
    But the Colombian central bank signaled that it may be getting close to pausing in its tightening cycle, changing its guidance to include the comment that it hopes the latest rate rise would keep inflation expectations close to its 3.0 percent target and economic activity at its potential level.
    The other four central banks that held monetary policy meetings last week maintained their policy rates, including the National Bank of Hungary, which as promised froze rates after 24 consecutive rate reductions.
    And while the Central Bank of the Republic of Turkey maintained its benchmark repo rate at 8.25 percent, it again nudged down its rate corridor by trimming the overnight lending rate – the corridor’s ceiling – by 75 basis points to 11.25 percent while it kept the borrowing rate – the floor – steady at 7.50 percent.


COUNTRY MSCI      NEW RATE            OLD RATE         1 YEAR AGO
ISRAEL DM 0.25% 0.50% 1.25%
ANGOLA 8.75% 8.75% 9.75%
HUNGARY 2.10% 2.10% 3.80%
TURKEY EM 8.25% 8.25% 4.50%
ALBANIA 2.50% 2.50% 3.50%
COLOMBIA EM 4.50% 4.25% 3.25%

    This week (Week 36) nine central banks are scheduled to decide on monetary policy: Egypt (which was originally scheduled for last week), Australia, Brazil, Poland, Canada, Sweden, the euro area, the United Kingdom and Mexico.

EGYPT EM 1-Sep 9.25% 9.25%
AUSTRALIA DM 2-Sep 2.50% 2.50%
BRAZIL EM  3-Sep 11.00% 9.00%
POLAND EM 3-Sep 2.50% 2.50%
CANADA DM 3-Sep 1.00% 1.00%
SWEDEN DM 4-Sep 0.25% 1.00%
EURO AREA 4-Sep 0.15% 0.50%
UNITED KINGDOM DM 4-Sep 0.50% 0.50%
MEXICO EM 5-Sep 3.00% 3.75%

http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365541/will-israel-attack-irans-nuclear-installation Sun, 31 Aug 2014 05:10:39 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365541/will-israel-attack-irans-nuclear-installation <![CDATA[Will Israel Attack Iran's Nuclear Installation?]]> Tasnim this week. Iran's Revolutionary Guards Corps (IRGC) Aerospace Force claims that it has intercepted and shot down the Israeli stealth drone that was flying in Iranian airspace before it had reached the nuclear facility and uranium enrichment site in the city of Natanz. This is not the first incident where Iranian leaders believe that Israel has attempted to thwart its nuclear program. Tehran has previously accused Israel as being behind the assassinations of several of its nuclear scientists and physicists. Israeli officials have rejected those accusations.

Regarding this recent development, Israeli officials have refused to comment on the drone, pointing out that the military does "not address foreign media reports."

Natanz is considered to be the central location, Iran's main uranium enrichment site, with approximately 16,000 centrifuges. The underground uranium enrichment facility at Fordow, which is hidden in a mountain and which was disclosed in late 2009, has an estimated 3000 centrifuges.

Israel has previously threatened to carry out attacks against Iran's nuclear installations. Nevertheless, the major dilemma is whether Israel would realistically attack Iran's nuclear facilities.

As usual, Iranian officials have responded strongly, with the IRGC issuing a statement, "A spy drone of the Zionist regime (Israel) was brought down by a missile... This stealth drone was trying to approach the Natanz nuclear zone. This act demonstrates a new adventurism by the Zionist regime... The Revolutionary Guard and the other armed forces reserve the right to respond to this act."

In case of any serious threat, the senior cardre of the IRGC believe that it can create a "nightmare" for Israel. Considering the recent allegation, Brigadier General Amir Ali Hajizadeh, the commander of the Aerospace Force of Iran's Islamic Revolution Guards Corps, stated that the response from the Islamic Republic would be a "deadly nightmare" for Israel.

The timing of this incidence is intriguing as it coincides with the progress that the Islamic Republic and the P5+1 (Russia, the United States, Britain, China, France and Germany) are making towards the final steps of reaching a comprehensive nuclear deal.

Israeli leaders believe that the agreement will leave the Islamic Republic with the path to reach nuclear capabilities and build a nuclear bomb. Both Iran and Israel are considered enemies, and Israel views Iran as an existential threat.

Unintended Consequences: Regional Conflagration

Israel does have the military capability to strike the Islamic Republic's nuclear installations. Nevertheless, for several reasons, it is very unlikely that Israel will unilaterally carry out strikes against Iran's nuclear installations.

First of all, Israeli leaders are cognizant of the fact that any strikes aimed at Iran's nuclear installations will not completely thwart Iran's nuclear program. The strikes might turn the clock a few years back and postpone the process for Iran to become a nuclear state or build an atomic bomb, but an Israeli attack will give further incentive to Iran to pursue its nuclear ambitions with more determination. Even several senior Israeli security and military officials have admitted that any Israeli attack on Iran will boost Iran's determination to build a bomb, and will endanger Israel's own survival.

Second, an external Israeli attack on Iran will rally the Iranian people behind their government for their right of nuclear enrichment. It will also grant the hardliners firmer motive to reach the nuclear threshold with full-fledged speed.

Thirdly, the Islamic Republic will likely decline to cooperate with the international community as well as pull out of the Non-Proliferation Treaty.

As a result, the unintended repercussions and negative consequences of an Israeli attack- such as Iran becoming more determined to accelerate its nuclear program -- do outweigh the delay that the strikes might impose on Iran's nuclear program.

While it might be easy to start a war or carry out strikes, it is almost impossible to know where the war will head afterwards. In case Iran responds militarily, few strikes can turn the region into a conflagration affecting many lives of ordinary civilians, the Gulf (with the price of oil skyrocketing and price of gasoline increasing in Western countries), and impacting the security of other regional countries including Turkey and Saudi Arabia. The war can not only endanger regional security, but also Israel's own security, and drag in global powers including the United States and Russia.

According to polls, many Israeli citizens are against their country attacking Iran unilaterally.

Finally, although Israeli leaders believe that the Obama administration has not been firm enough in terms of thwarting Iran's ambition to reach a nuclear threshold, Israel is in fact dependent on the United States when it comes to dealing with Iran's nuclear program.

In the case of a military response from Iran, and considering Israel's regional security and geopolitical affairs, Israel is in need of the United States. On the other hand, the Obama administration's foreign policies towards Iran's nuclear program have been clear: the administration has avoided considering a military option against the Islamic Republic. In addition, the US still contends that all diplomatic venues have not been exhausted. Considering the aforementioned factors and realistically speaking, it will be unlikely for Israel carry out any attacks against Iran's nuclear installations.


Majid Rafizadeh, an American scholar and political scientist, is president of the International American Council on the Middle East. He is originally from Islamic Republic of Iran and Syria.

This post first appeared on Al Arabiya.

http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365534/ferguson-funeral-california-quake-and-a-tomato-fight-week-in-photos-aug-24-31 Sun, 31 Aug 2014 05:10:20 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365534/ferguson-funeral-california-quake-and-a-tomato-fight-week-in-photos-aug-24-31 <![CDATA[Ferguson Funeral, California Quake and A Tomato Fight: Week In Photos, Aug. 24 - 31]]>
1. Nicholas George looks under a buckled highway just outside of Napa, CA after an earthquake struck the area in the early hours of Aug. 24, 2014.
california earthquake
(Josh Edelson/AFP/Getty Images)

2. A boy waits to listen to senior Hamas leader Ismail Haniyeh at a rally in Gaza City on Aug. 27, 2014, after a cease-fire was declared between Hamas and Israel.
gaza ceasefire
(Mohammed Talatene/Anadolu Agency/Getty Images)

3. A casket carrying the body of Michael Brown is carried out following his funeral service at Friendly Temple Missionary Baptist Church in St. Louis, MO on Aug. 25, 2014.
ferguson funeral
(Robert Cohen-Pool/Getty Images)

4. A soldier sets wire as Ukrainian troops organize their defense on the outskirts of the southern city of Mariupol, Ukraine on Aug. 29, 2014.

5. A fire blower performs during a procession to celebrate the Ganesh Chaturthi festival on Aug. 29, 2014 in New Delhi, India.
(Subrata Biswas/Hindustan Times via Getty Images)

6. Argentine twin dancers Nicolas and German Filipeli perform during the Stage Tango competition of the Tango World Championship 2014 in Buenos Aires, Argentina on Aug. 26, 2014.
tango world championship

7. Revelers throw tomatoes while participating in the annual "Tomatina" festival on Aug. 27, 2014 in the Bunol district of Valencia, Spain.
(Evrim Aydin/Anadolu Agency/Getty Images)

8. A worker from the International Committee of the Red Cross digs a hole with a pickaxe during the construction of a new health center for Ebola patients in Kenema, Sierra Leone on Aug. 25, 2014.
(Mohammed Elshamy/Anadolu Agency/Getty Images)

9. A zookeeper holds three baby caimans at the Planet of Crocodiles in Civaux, western France, on Aug. 28, 2014.

10. A Kurdish Peshmerga soldier watches and waits for the Islamic State to attack on the front line near Erbil, the capital of Iraq's Kurdish region, on Aug. 26, 2014.
islamic state
(Martin Alan Smith/Pacific Press/LightRocket via Getty Images)]]>
http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365152/noah-smith-no-thanks Sun, 31 Aug 2014 02:01:31 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365152/noah-smith-no-thanks <![CDATA[Noah Smith: No Thanks]]> ]]> 11365152 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365047/heavy-buying-in-ezchip-shares-options-after-company-withdraws-from-events Sun, 31 Aug 2014 00:30:35 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11365047/heavy-buying-in-ezchip-shares-options-after-company-withdraws-from-events <![CDATA[Heavy buying in EZchip shares, options after company withdraws from events]]>
http://www.hedgehogs.net/pg/blog/CentralBankNews/read/11364849/central-bank-news-link-list-aug-27-2014-india-central-bank-seen-intervening-to-weaken-rupee Wed, 27 Aug 2014 18:03:19 +0100 http://www.hedgehogs.net/pg/blog/CentralBankNews/read/11364849/central-bank-news-link-list-aug-27-2014-india-central-bank-seen-intervening-to-weaken-rupee <![CDATA[Central Bank News Link List - Aug 27, 2014 - India central bank seen intervening to weaken rupee]]>
Here's today's Central Bank News' link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don't miss any important news.