Esmeralda is the four-masted barquentine tall ship of the Chilean Navy and currently the second-tallest and longest sailing ship in the world.

The new weekly service will be based on fast feeder services from Haifa and Ashdod connecting to the port of Salerno (Italy), acting as CCNI's southern European hub

Israel hosted the second annual Terra Olivo Mediterranean International Olive Oil Competition, “TerraOlivo 2011” where the best olive oils of the region are rated

The area in which Israel is least free is the size of government (5), a high marginal tax rate (5) and a high level of government spending (3)

Israel improved ranking in the World Economic Forum's Global Competitiveness Report 2010-2011, moving to 24 place compared to 27 place last year

Israel is the first country outside South America to sign a free trade agreement with the regional Mercosur bloc. Brazilian President Lula da Silva visted Israel last week

The decision to ratify the FTA at this time was made in honor of the state visit of President Peres to the South American country

Israel fell to 27th place from 23rd place last year and from 14th place three years ago. Qatar leads the rankings from the Middle East