Fiscal

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1

Fischer: We don't want home prices to fall sharply

Fiscal
  The Governor of the Bank of Israel told the Knesset Finance Committee today that the real estate market was at a sensitive stage.
  Adrian Filut 02/05/2012
 complicated and sensitive stage in the real sector," Fischer said, adding, "If we give more credit to the contractors, they won't reduce prices." Turning to fiscal matters, Fischer said, "In 2011, the government managed to reach a deficit of 3%, but the situation is becoming more and more difficult. We ...
2

Amdocs to pay dividend on higher profit, revenue

Fiscal
  The billing and business support systems company also raised its earnings per share guidance but lowered revenue guidance.
  Hillel Koren 02/05/2012
 will pay a dividend after the billing and business support systems company reported revenue and profit growth and higher earnings per share for the second fiscal quarter of 2012. He said, "Further demonstrating our confidence in Amdocs' future and our commitment to enhancing shareholder value, our board of directors has ...
3

ILO warns jobs will recover only in 2016

Fiscal
  40% of job seekers aged 25-49 in the developed countries are chronically unemployed.
  Globes correspondent 30/04/2012
 Torres, director of the ILO Institute for International Labour Studies and lead author of the report, said, "The narrow focus of many Eurozone countries on fiscal austerity is deepening the jobs crisis and could even lead to another recession in Europe.” The high rates of unemployment in Europe have led ...
4

Steinitz announces tax breaks on hybrid, electric cars

Fiscal
  The tax breaks will come into effect on June 1, and will cost the Treasury an estimated NIS 130 million.
  Dubi Ben-Gedalyahu 29/04/2012
 Place's timetable. Published by Globes [online], Israel business news - www.globes-online.com - on April 29, 2012 © Copyright of Globes Publisher Itonut (1983) Ltd. 2012 Transport, infrastructure Environment Fiscal & monetary policy Related Articles ...
5

Bank of Israel keeps interest rate unchanged

Fiscal
  In line with analysts' expectations, the Bank of Israel kept the interest rate for May at 2.5%, unchanged for the third month.
  Nadav Neuman 23/04/2012
 the risks to the recovery process." Published by Globes, Israel business news - www.globes-online.com - on April 23, 2012 © Copyright of Globes Publisher Itonut (1983) Ltd. 2012 Fiscal & monetary policy Related Articles ...
6

US House proposes $680m for Iron Dome

Fiscal
  The amount is on top of the $205 million already approved for the Iron Dome program in US fiscal year 2011.
  Ran Dagoni, Washington 22/04/2012
  US House proposes $680m for Iron Dome The amount is on top of the $205 million already approved for the Iron Dome program in US fiscal year 2011. Ran Dagoni, Washington22/04/2012 15:22:00 A proposal in the House Armed Services Committee offers an additional $680 million in US ...
7

Analysts unanimous interest rate to remain unchanged for May

Fiscal
  All 23 analysts polled by "Bloomberg" say that the Bank of Israel will keep the interest rate for May unchanged at 2.5%.
  Guy Katsovich 22/04/2012
 slowdown may have been overblown." Published by Globes [online], Israel business news - www.globes-online.com - on April 22, 2012 © Copyright of Globes Publisher Itonut (1983) Ltd. 2012 Fiscal & monetary policy ...
8

Fischer defends fiscal expansion

Fiscal
  Stanley Fischer: Maintaining an expansionary fiscal policy without an exit strategy has not raised long-term real interest rates or cut off the recovery.
  Globes' correspondent 19/04/2012
  Fischer defends fiscal expansion Stanley Fischer: Maintaining an expansionary fiscal policy without an exit strategy has not raised long-term real interest rates or cut off the recovery. Globes' correspondent19/04/2012 13:54:00 Fiscal expansion is the dog that hasn’t barked, said Governor of the Bank of Israel Prof. ...
9

Red Bend and NTT DOCOMO team over smartphone remote lock app

Fiscal
  The application provides mobile consumers with increased security for lost Android smartphones by preventing unauthorized access.
  Globes correspondent 18/04/2012
 Yoram Salinger said, “The shift to smartphones is accelerating in Japan, with smartphone shipments up 450% and expected to reach 56% of new handsets in fiscal 2011, according to MM Research Institute. The popularity of smartphones is a trend seen all over the world, and operators are trying to expand ...
10

Perrigo launches generic chest congestion treatment

Fiscal
  Brand Mucinex, an expectorant for the relief of chest congestion, has $135 million in annual sales.
  Gali Weinreb 15/04/2012
 and plans to begin full-scale over-the-counter deliveries to its retail and wholesale customers in store brand or own label by the end of the company's fiscal year. Perrigo has NIS 11 billion in annual sales, so Mucinex is immaterial on the company's total revenue, although it adds to the company’...

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