By Barry Davidson
Tuesday 29 September 2009

Tel Aviv--The Space Communication Ltd, of Ramat Gan, entered today into an agreement for use of a sattlelite that is used to communications in Africa according to its announcement to the Tel Aviv Stock Exchange (TASE). The cost of this usage, according to a release today on the TASE, 45 miilion dollar (U.S.)

But, according to its report that is attached to the release, Space Communication did not close the agreement as of yet. Also, it does not mention in its release the name of the company with which it will enter into an agreement for use of the said sattlelite.

In its release, Space Communication, which also operates in Israel as Amos by Spacecom, calls the partner company, a "foreign company".

By Barry Davidson
Tuesday 29 September 2009

Tel Aviv--Today on Ahad HaAm Street, the Tel Aviv Stock Exchange (TASE) announced in a market release that Gaon Trade changed its name to Meitav Brokerage Services, and it will trade under that name.

But, apparently, the TASE did not convey the full story.

Gaon Trade is merging with Meitav Brokerage Services. As part of the merger, Meitav is absorbing Gaon's services and customers. As a result of the merger, the Gaon company name will be no longer be used.

By Barry Davidson
Tuesday 29 September 2009

Tel Aviv--Strong gains in the bonds and stock markets were felt today in trading on Ahad HaAm Street. This shows that the markets are reacting favorably to Thursday's announcement by Bank Of Israel Governor Professor Stanley Fisher to not raise the national interest rate in October.

It was reported on Thursday, 25 September 2009, in "Shekel News" that Gov. Fisher announced that the interest rate will remain at the 0.75% level so to help spur Israeli economic growth.

By Barry Davidson
Monday 28 September 2009

Tel Aviv--For media coverage on companies to be effective, it is always important to spell corporate names correctly.

But, for "Arutz Sheva", an Israeli website and Internet radio outlet, based in Beit El, does not seem to know this.

That is because in its report on the telecom controversy in the Palestinian Authority (PA)-controlled parts of Judea and Sumaria, it misspelled the name of the second mobile company to operate in the PA. This company is to be granted the ability of a license to operate in the PA by its communication ministry.

By Barry Davidson
Sunday 27 September 2009

Tel Aviv--The website "Shekel News" wishes all her Jewish readers an easy fast and may they be inscribed in the Book of Life.

"Shekel News" resumes updates after the close of the Yom Kippur Fast, which will be tommorrow after 18.10, Tel Aviv time.

By Barry Davidson
Sunday 27 September 2009

Tel Aviv--The markets on Ahad HaAm Street are closed today and tommorrow due to the Yom Kippur fast, which is part of the Jewish High Holy holidays.

The Tel Aviv Stock Exchange (TASE) will resume trading on Tuesday, 29 September 2009. Stock purchases and trading will resume on that day as well. In addition sales on the Israeli bonds market will resume also.

By Barry Davidson
Thursday 25 September 2009

Jerualem--The Israel Ministry of Finance (MOF) said in its report of the state of the nation's economy in August 2009 ignites warning lights.

The MOF said in its report that the mixed indicators in August signaled Israeli economic recovery. But, it also showed that the industrial production index was down.

Also down was the business and services indicies. But the BOI asserted that was due to the collection of enforced taxes from those who did not pay in July.

By Barry Davidson
Thursday 25 September 2009

Jerusalem--The Bank of Israel (BOI) announced, yesterday, that the interest rate for October 2009 will be unchanged at 0.75 percent.

BOI Governor Professor Stanley Fisher told Israeli media yesterday that this move was to help spur the Israeli economy.

On of the factor that played in this decision was the rate of national inflation. According to BOI statistics, the Consumer Price Index (CPI) rose by 0.5 percent in August.

By Barry Davidson
Thurday 24 September 2009

When presenting information on mergers and Israeli law, the reporting media outlet needs to present all the information to build the story. But, it also needs to report what is not apparent to the reader, and use this information to educate him.

Obviously, Israeli business daily, "Globes", forgot to do this when on Wednesday, 23 September 2009, it wrote on the problems of the possible Cellcom with Netv ision.

By Barry Davidson
Thursday 24 September 2009

Today the markets on the Tel Aviv Stock Exchange were up. This includes the the General index which was down yesterday.

At the start of today's trading, the markets traded down. But regained positive trading momentum at the close of the markets.

One of the factors might have been Bank of Israel Governor Stanley Fisher, who today decided to not raise the bank's key interest rate. The current interest rate is 0.75%. Gov. Fisher maintained that this move would help spur recovery in Israel's economy.