Revenue for the three months to March 31 fell to $622 million from $1.04 billion in the year-earlier period as container traffic crashed by 33%

Zim stated that the new port rotation will improve the service and that the call at Ashdod will be in addition to its Haifa call

The bank is buying foreign currency and bonds each day in order to help the economy deal with the recession

During his short visit the Secretary General paid a visit to Yad Vashem and to several customs locations in Israel

According to a new report released by IMD, Isreal slipped three places compared with last year with a score of 73.425

The continuing fall was seen in a drop in the manufacturing production index and in the drop in imports and exports of goods

Israel's gross domestic product fell by 3.6% in the first quarter of 2009, following a 0.5% dropin the last three months of 2008

Bank of Israel Deputy Governor, Prof. Zvi Eckstein, said last week that the Israeli economy will begin growing in the second quarter of 2010