More in ‘recession’

Israeli Economy Eats Its Spinach

That's why it's doing well, says ex-Clinton adviser
By Allison Hoffman | 2:00 PM Dec 1, 2009

In case you haven’t heard, the Israeli economy is—contrary to all expectations—doing pretty well these days, despite the recession dragging on in the United States and in Europe. It’s doing so well, in fact, that Bank of Israel chief Stanley Fischer decided last week to raise interest rates to counteract rising inflation. Why? Well, William ...

Hasidic Women Train for Jobs

Recession leads to working women in Jerusalem
By Sara Ivry | 1:11 PM Oct 12, 2009

In the Hasidic world, it’s traditional for men to spend their time studying Talmud at donor-supported institutions that provide them with a small stipend (not much more than $300 a month) while their wives take care of running the household. With the recession, donations have fallen off, leaving already large-families with even less income. Daniel ...

Ritual & Observance

Wheel of Fortune

From the archives: A year into the financial meltdown, the calendar keeps turning, and so does the economic cycle
By Daniel Gross | 7:00 AM Sep 16, 2009

Judaism is a religion of cycles. Most congregations read the entirety of the Torah over the course of a year, though some stretch it into three years. There’s the Daf Yomi, a cycle in which the learned plow through the Babylonian Talmud in a 7.5 year cycle. Its primary and secondary texts describe cycles in ...

Daybreak: Obama Plans for Peace

A violent clash, a deportation, and more from the news
By Hadara Graubart | 9:04 AM Sep 1, 2009

• Despite Palestinian President Mahmoud Abbas saying he will not resume talks with Israel without a full settlement freeze and Israeli Foreign Minister Avigdor Lieberman’s assertion that “We must not commit to target dates on a comprehensive agreement,” President Obama is envisioning a two-year plan to establish peace. [Haaretz]
• While scouring a refugee camp for ...

Ritual & Observance

Noshing is Sacred

Or, when life hands you lemons, make lemon soufflé a la mode
By Liel Leibovitz | 12:06 PM Feb 6, 2009

Welcome, dear reader, to the new New York.
It may seem to you a sad little town, whimpering under the weight of a plummeting economy, scoffing at the glooms of a recession, sighing at its insecurities and its fears. And, to be sure, it is very much all of the above: living rooms once atwitter ...