Asia

  • St. Jude Pays $300 Million for Israeli Start-up

    A major American medical technology company purchased an Israeli start-up for $300 million. St. Jude Medical, which serves doctors and patients in more than 100 countries, purchased MediGuide, which has developed technology and products for procedures that are minimally invasive. MediGuide was founded in 2000 after spinning off from Elbit Systems, an Israel-based global defense… More ▸

  • Israeli Voters to Query Candidates Via Youtube

    Israeli voters will be able to ask candidates for national elections questions via YouTube. The initiative, spearheaded by Israel’s Channel 2, is similar to interactive initiatives from the U.S. presidential campaign. Internet users can upload a 25-second video with a question for a candidate, the Israeli daily Ha’aretz reported Tuesday. The most popular entries will… More ▸

  • Israeli Lawmakers Waive Pay Raise

    Due to the difficult economic times, Israel’s Knesset members will waive a 2009 pay raise. The Knesset House committee decided Tuesday that lawmakers would give up an automatic 3 percent pay raise in January, according to reports. Knesset members earn about $8,300 a month and receive raises tied to the retail price index four times… More ▸

  • U.S. Congressmen Slam Bank over Iran

    Eight Congress members demanded answers from the U.S. Export-Import Bank over its loan guarantees to companies linked to Iran. The bank, an independent government agency that promotes U.S. trade by providing credit for deals that other insurers avoid, has underwritten $900 million in loan guarantees to U.S. companies that supply equipment to Reliance Industries, a… More ▸

  • Ancient Gold Coins Discovered in Jerusalem

    A cache of ancient gold coins was discovered at a Jerusalem archeological site. More than 250 coins, thought to be 1,300 years old, were found Sunday in the excavations at the Givati car park in the City of David. Archeological excavations under the auspices of the Israel Antiquities Authority began in the area two years… More ▸

  • Israeli Farmers Perform Rain Ritual

    Israeli farmers re-created a ritual described by a 16th century Jewish scholar in the hopes of bringing rain. The farmers from the Upper Galilee, led by Rabbi Eliyahu Biton, on Sunday encircled the tomb of Rabbi Shimon bar Yochai located on Mount Meron while shaking the Four Species that are traditionally used on Sukkot, the… More ▸

  • Report: Russia Will Sell Iran Missile System

    Russia will soon deliver to Iran parts of a missile system that would hinder efforts to launch an airstrike against the country, Iran’s state news agency reported. Israeli officials have denied Sunday’s report by the IRNA news agency. Israel is opposed to the missile deal and sent a senior defense official to Moscow last week… More ▸

  • Georgian Refugees Seek Return to Normalcy

    For Jews near the border with South Ossetia, only the smallest gap exists between normalcy and hardship. The unemployment rate in the area has always been high, hovering at about 60 percent, and there is a disproportionate amount of at-risk Jews, elderly and young. As Russian tanks and soldiers poured through the capital of Ossetia… More ▸

  • Op-ed: Reforms Vital to Israeli Political Stability

    As the United States looks forward to a presidential inauguration, Israel is facing another general election. A little more than a month ago, the new leader of Israel’s Kadima Party, Foreign Minister Tzipi Livni, failed to establish a coalition government following the resignation of Prime Minister Ehud Olmert. The breakdown of coalition talks forces Israel… More ▸

  • Inauguration Pastor Under Fire for Syria Praise

    Bloggers uncovered praise for Syria by the evangelical pastor who is slated to deliver the invocation at President-elect Barack Obama’s inauguration. “Syria’s a place that has Muslims and Christians living together for 1,400 years,” Rick Warren said during a 2006 visit in a tape uncovered by the conservative Web site World Net Daily. “So it’s… More ▸