ISRAEL

U.S. President Obama shops for books in Martha's Vineyard

Obama Summer Reading List Leans Toward Fiction

President Barack Obama, perhaps seeking a break from harsh reality after a tough summer battling the economy and Republicans in Congress, has picked a summer reading list that is long on fiction.

Is Iran Behind PRC's Suspected Attacks on Israelis?

Emblem of the Popular Resistance Committees (PRC)
Israeli Premier Benjamin Netanyahu responded swiftly to the killing of eight citizens, including that of 22-year-old Staff Sergeant Moshe Naftali, in a series of coordinated attacks on Israeli vehicles in southern resort city of Eilat.

NYU’s Nouriel ‘Dr. Doom’ Roubini: Social Unrest Will Spread

At Issue: U.S./Global Financial Crisis
Economist Nouriel Dr. Doom Roubini, the NYU professor who 4 years ago accurately predicted the global financial crisis, said U.S./Europe policy makers must invest in a new, smarter social safety net to restore a balance between the free market and public goods. If it doesn’t occur, a systemic flaw will, at minimum, continue to hinder economic recovery.
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Russia hopes its proposal can revive Iran nuclear talk

Russia pitched on Wednesday a proposal to Iran's foreign minister which it hopes could bring a breakthrough in a confrontation over Tehran's nuclear programme, despite doubts in the West that the plan can make much headway.
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Israel firm on no apology to Turkey for ship raid

Israel will stick to its refusal to apologise to Turkey for killing nine of its citizens on a Gaza-bound ship, an Israeli official said on Wednesday, entrenching a position that Ankara said would kill any prospects for reconciliation.
Smoke rises in the city of Latakia

Syria forces hold hundreds in Latakia sports stadium

Syrian troops raided houses in a Sunni district of the besieged port of Latakia on Wednesday, residents said, arresting hundreds of people and taking them to a stadium after a four-day tank assault to crush protests against President Bashar al-Assad.
An ultra-Orthodox Jewish man walks in Ramat Shlomo

Israel okays 1,600 settler homes for East Jerusalem

Israel's interior minister has given final approval for a plan to build 1,600 settler homes in East Jerusalem, a project whose announcement last year during a visit by U.S. Vice President Joe Biden caused a diplomatic rift with Washington.
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Tel Aviv stocks fall 7 pct on US debt downgrade

Tel Aviv shares closed nearly 7 percent lower on Sunday in the first response of a developed market to Standard & Poor's downgrade of the United States' credit rating that has sparked fears of another global recession.

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