July 3, 2022

What rise of Jeremy Corbyn means for the Middle East

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By Martin Newland From Asia Times It is impossible to predict with any accuracy the political, economic and social developments in Brexit Britain over the course of this year. But whatever happens, there will be repercussions for the Middle East. It would do the region well to understand what they might be. Britain will emerge […]

UK: Jeremy Corbyn promises to ‘recognize Palestinian state as soon as we take office’

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From PressTV British Labour Party leader Jeremy Corbyn has promised to recognize Palestinian state as soon as his party takes office in case of winning upcoming elections “In order to help make the two-state settlement a reality we will recognize a Palestinian state as soon as we take office,” Corbyn said on Wednesday afternoon at […]

Report: Believed site of Water-to-Wine Miracle unearthed

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By Cathy Burke From Newsmax A tunnel network unearthed in Israel could be the site where Christians believe Jesus performed his first miracle by turning water into wine, the U.K.’s Daily Mail reported Thursday. For hundreds of years, pilgrims have believed the site of the wedding miracle to be Kafr Kanna, a town in northern Israel, […]

Cayman Islands Tax Haven is third-largest foreign investor in Israel

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From Newsweek The Cayman Islands is the third-largest foreign investor in Israel, according to government data surfaced Monday by an Israeli news site. The data once more raised questions about the origin of the funds driving Israel’s burgeoning startup and tech industries. Israeli technology news website CTech analyzed figures published in March by the Israel […]

After Israel bows out, Germany, Belgium shoo-ins for UN Security Council seats

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By EDITH M. LEDERER From The Times of Israel South Africa and Dominican Republic also expected to win places on powerful body; Maldives-Indonesia contest makes Asia-Pacific region’s vote uncertain AP — Germany and Belgium are certain to win seats on the UN Security Council after Israel dropped out of the race last month, but there […]

Tax havens and U.S top list of foreign countries with most investments in Israel

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By Hagai Amit From Haaretz Israel has the highest rate of foreign investment relative to gross domestic product, according to a report by the Finance Ministry’s chief economist The United States leads the list of foreign countries with the most investments in Israel, according to a report published Monday by the Finance Ministry’s chief economist. […]

Automatic majority against Israel at UN will turn in 2032

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BY HERB KEINON From Jerusalem Post 151 UN states vote to disavow Israeli ties to Jerusalem > Analysis: Vote shows Israel making little headway at United Nations If the current trend holds, it will take another 14 years before the Palestinians will no longer be able to muster 50% of the 193-member body to vote […]

US threatens to end aid to Caribbean

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From Jamaica Observer WASHINGTON, United States (CMC) — United States President Donald Trump has threatened to cut off American aid to any country, including those in the Caribbean, that votes for a resolution at the United Nations condemning his recent decision to recognise Jerusalem as the capital of Israel. Trump’s statement, delivered at a cabinet […]

Canadian tax-evasion fight zeros in on transactions involving Israeli bank

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By Jim Bronskill The Canadian Press From The National Post OTTAWA — The Canada Revenue Agency is seeking information from three Canadian banks about customer transactions linked to a major Israeli financial institution as part of a federal crackdown on offshore tax evaders. Newly filed court records reveal the agency wants to see account records […]

Church sold Jerusalem neighborhood in 2012 for $3 million — report [Cayman Islands company]

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By TOI STAFF From The Times of Israel Greek Orthodox Patriarchate said to have relinquished Givat Oranim to private companies registered in offshore tax havens The Greek Orthodox Church reportedly sold a Jerusalem neighborhood five years ago to an investment company abroad for some $3 million. Following revelations of the church’s land sales in Jerusalem, […]