Arab Israeli Conflict
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Israel's central bank
Rina Schenfeld’s latest piece is based on the close relationship that
developed between her and fellow dancer Pina Bausch over the years.
One of the Bank of Israel's new regulations includes not charging customers who deposit bad checks, as well as not allowing banks to charge customers for debit cards.
Nearly eight weeks of fighting in Gaza have taken a toll on economy, though growth was stalled before operation began.
The Bank of Israel and many economists warn that the economy is set to slow as a result of weaker global growth, which would hit Israeli exports.
"The risks inherent in such a situation will increase if the growth rate slows," said Bank of Israel Governor Prof. Amir Yaron in a letter to the government.
By EYTAN HALON
In a quarterly earnings report in August, the bank said it had set aside 425 million shekels ($117.75 million) during the quarter to cover a likely fine by US authorities.
Based in Bnei Brak, Leumi Card has issued more than 2.6 million credit cards and offers merchant acquiring services to over 40,000 businesses.
Researchers discovered that when employees have convenient access to transport, both in proximity to home and employment, the use of private vehicles for commuting purposes declines from 82% to 68%.
A former professor of banking and finance at The Wharton School of the University of Pennsylvania in Philadelphia, Yaron started his term as governor only two weeks ago.
Yaron succeeded Karnit Flug, the first woman to have been appointed to the position.
By GREER FAY CASHMAN
The award was presented by Jerusalem Post Group CEO Ronit Hasin-Hochman.
By MAAYAN HOFFMAN
Flug, 62, is Israel's only female governor to date.
The report highlighted deficient operations in New York, Washington, Paris and China.
By HERB KEINON
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