Merkel against unilaterally recognizing Palestine as a state
PA chief warns against resorting to 'religious war'
Jewish youths hurt in brawl with Arabs in east Jerusalem
Riots break out in various areas of West Bank
Hamas denies knowledge of Liberman plot, but says leaders of 'occuaption' are legitimate targets
Israeli official: Erdogan rhetoric befits Tehran or Damascus, not a NATO capital
Netanyahu proposes his own version of 'Jewish state bill'
Israel’s ambassador to return to Sweden on symbolic Nov. 29th date
Netanyahu: We have nothing against east Jerusalem residents, but we must protect our citizens
Pro-public health advocates battle against private-medicine lobbying and ad campaign
Doctors, nurses more than twice as likely to get flu shots than general population
Cheapen gluten-free food for celiac patients, panel says
Project to improve nutrition loses funds
'Leviathan gas reservoir to begin flowing by early 2018'
New kid's Israeli archaeology game launched for iPhone
Green Knesset advances as MKs replace paper with iPads
Zion Tech: Our Israeli start-up of the week aims to revolutionize therapy access
James Blunt is coming to get ‘high’ in Tel Aviv
Grapevine: Farewell to an articulate advocate for Israel
Theater Review: The Tempest
Yellow-and-blue survives scare to beat Limoges
Beersheba with an opportunity to go top
Back-on-track Maccabi Tel Aviv takes on Limoges in Euroleague
Hapoel Jerusalem facing early Eurocup exit
Due to medical treatment, Glick to stay in hospital
Jerusalem chief rabbis call for unity in face of terrorist attacks
English soccer club owner faces racism probe for saying Jews 'chase money'
Lawmaker in Antwerp calls on Belgian government to fund security for Jews
German survey: Spike in anti-Semitism after Gaza war
WATCH: How do American college students react to ISIS, Israeli flags?
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ISIS releases new video with Cantile
IAEA to discuss Iranian offer to allow 'managed access' to site
Khamenei frees Iranian blogger who visited Israel
Steinitz: Iran deal must prevent cooperation with North Korea
Sisi: Egypt won't allow terror from its territory toward Israel
Into the Fray: The Arabs’ war against the Jews and what must be done
My Word: A personal response to terrorism
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No Holds Barred: The ferocious battle for Israel at New York University
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Veterans: Keeping an ear out for change
Book Review: Written from his heart
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Grapevine: Amazing place
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Happily Eva After: When the going gets tough...
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Islamic State – APEC a fizzer - G20 promises no better
A song for Cheshvan: 'The Eucalyptus Grove'
הָאַרְכִיוֹן שֶל רוֹמַן וִישְנִיָאק
Har Nof in flames
Meet the Ambassador: No longer a conference diplomat
‘Post’ leads the way with new podcast
Grapevine: The highest accolade of all
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Frontlines Podcast: Jerusalem's 'lone wolves'
Tempête au sein de la coalition
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Qui prendra la relève de Mahmoud Abbas ?
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Daniel Oren, maestro d’Israël, d’Italie et d’ailleurs !
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Pope Francis condemns Palestinian violence
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Pastor who died in crash mourned in Israel
KKL Belgium Donates Portable Bomb Shelter to Kiryat Gat
KKL-JNF Awards 2014 Blumberg Prize
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Mexican Politician and Business Leader Miguel Aleman Velasco Visits KKL-JNF in Jerusalem
International Conference in Sde Boker: Combating Desertification Together
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Living Green in Israel: the Contest and the Winners
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11.22.2014 | 29 Heshvan, 5775
With four days left on clock, Kerry to meet Zarif to try to clinch nuclear deal
Is Iran ready for normalcy?
Coalition crisis on hold
US judge to hold key hearing in possible landmark terrorism case against PA
UN Security Council condemns Jerusalem synagogue massacre
Five days from deadline, West waits for answer from Tehran
Spanish parliament easily passes measure recognizing Palestinian state
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German politicians, media outraged over leftists anti-Israel ‘toiletgate’
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Suspect in 1980 Paris synagogue bombing extradited to France
Britain to introduce new laws against jihadis returning to UK
US Senate approves ex-BoI head Fischer as Fed's vice chair
Former Bank of Israel director Stanley Fischer at a hearing on his nomination to be a member and vice chairman of the Federal Reserve Board of Governors in Washington March 13, 2014..
WASHINGTON - The US Senate on Thursday confirmed Stanley Fischer to be vice chairman of the Federal Reserve and approved Jerome Powell and Lael Brainard as members of the central bank's board, bolstering the Fed as it prepares to wind down its extraordinary stimulus.Fischer, confirmed last month as a member of the board, was approved to be the central bank's influential No. 2 on a 63 to 24 vote. Powell, already a member of the board, was granted a new 14-year term on a 67 to 24 vote. Brainard, a former top official at the US Treasury, was backed 61 to 31.The votes mean all three should be in place for next week's meeting of the Fed's monetary policy committee, joining the debate over how to pull back the economic supports put in place to counter the recession and nurse the recovery.The action also cements US President Barack Obama's influence over the Fed and US monetary policy for what may be years to come.The five current governors are all Obama appointees and hold terms that extend until at least 2020 and as late as 2028. There is no guarantee they will serve that long - Fed governors often quit before a full 14-year term expires - but Obama also has two open seats still to fill.The new members will be plunged quickly into the thick of decisions requiring long-range judgment about the direction of the economy.Fischer and Brainard are expected to share chair Janet Yellen's focus on keeping an easy monetary policy in place for some time to lift wages and employment..Fischer, the former head of the Bank of Israel and a noted academic, has been outspoken in arguing that the fallout from the economic crisis showed the need for aggressive central bank actions. Brainard has argued the same in her former role as head of international affairs at Treasury.In the near-term, the course seems smooth. Fed board governors and regional bank presidents have been generally optimistic about the pace of economic growth, and have held to a consensus that the main stimulus program of monthly bond buying could decline gradually and end later this year.Still-high unemployment and low inflation mean a decision to raise interest rates, which have been held near zero since late-2008, is unlikely until perhaps the middle of next year.But between now and then, the central bank will face an array of issues it must tackle to set the stage for that initial rate increase.The Fed now holds $4.3 trillion in assets, for example, and policymakers will have to make a call regarding how long to keep reinvesting the proceeds of maturing bonds and securities, and when to let those holdings begin to shrink.That decision, which is crucial to financial markets, has already engendered debate and talk of a potential compromise between those who want to keep the Fed's balance sheet large and those who feel interest rates should rise sooner and more quickly.
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