Even during the darkest days of the global economic meltdown, the value of Israeli real estate properties across the entire country continued to rise. The combination of low-interest rates and the limited number of affordable new apartments in major cities and towns, created the perfect real estate storm for local and foreign buyers.
JERUSALEM (JTA) -- Israel's Navy killed four men that it said were planning a terror attack at sea.
Early Monday morning, the Navy forces fired on Palestinians wearing diving suits off the coast of Gaza. The men were "on their way to perpetrate a terrorist attack," according to the Israel Defense Forces spokesman. No Israeli forces were hurt.
CARACAS, Venezuela (JTA) -- Venezuelan President Hugo Chavez called Israel a "genocidal state" during nationally broadcast comments following violent clashes aboard a Gaza-bound flotilla.
Chavez called Israel a "cursed terrorist and murderous state" amid shouts of “Long Live Palestine” during a June 1 speech, the day after Israeli Navy commandos boarded a Gaza-bound ship and nine people were killed in the ensuing violence. He also accused Israel of supporting the local opposition against his government.
WASHINGTON (JTA) -- President Obama has extended a waiver for an additional six months delaying the move of the U.S. Embassy to Jerusalem.
Obama's waiver, issued Wednesday, follows in the footsteps of predecessors Bill Clinton and George W. Bush, who also extended the waiver every six months since the law was adopted in 1995 calling for the move of the embassy from Tel Aviv to Jerusalem.
Presidents are permitted to delay the move on national security grounds.
JERUSALEM (JTA) -- With nations around the world condemning Israel for the deaths of nine people aboard a Gaza-bound ship, israeli Prime Minister Benjamin Netanyahu canceled a planned visit to the White House.
Netanyahu was scheduled to meet Tuesday with President Obama following a weekend visit to Canada, which included a working meeting with Prime Minister Stephen Harper. The visit would have been Netanyahu's first meeting with Obama since a late March meeting at the White House in which the administration was accused of snubbing the Israeli leader.
JERUSALEM (JTA) -- Israeli police were searching the Tel Aviv area for a man and woman who reportedly tried to carry out a terror attack on a bus on Dizengoff Street.
A man sitting in the back of the bus wearing a heavy coat on a hot day yelled "slaughter the Jews" in Arabic, while a woman in the front of the bus tried to prevent the frightened passengers from getting off the bus, according to reports.