Business in Brief: March 1


Report: US investigates Leumi accounts; Fashion chain Castro exits Germany; Hershy Friedman takes over Azorim

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Palestinians propose power station driven by Tamar gas


PM office examining political aspects of proposal, Nat’l Infrastructures Ministry is examining technical, professional aspects.

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US warships, aircraft near Libya, $30b in assets frozen


In the hardest-hitting US denunciation yet of Libya’s leader, US ambassador to the United Nations Susan Rice says Gaddafi is “disconnected from reality,” is “slaughtering his own people” and is unfit to lead.

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2 missing Israelis found dead in New Zealand


Bodies of Ofer Levy and Gabi Ingel identified by local search and rescue crews in aftermath of Christchurch earthquake; death toll now at 154.

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As int’l pressure rises, Gaddafi says ‘My people love me’


Libyan dictator denies protests were held in Tripoli, dismisses unrest in east as work of al-Qaida; EU imposes sanctions.

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Knesset approves Sheshinski conclusions in 1st reading


Steinitz tells MKs that income from taxation of gas resources will provide billions of shekels for education, welfare.

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‘Amid Libya tumult, Israelis mustn’t lose sight of Egypt’


Ex-Foreign Ministry D-G Alon Liel tells ‘Post’ that Cairo might follow Ankara’s example and recall envoy from Israel.

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Film about s. TA school wins documentary short Oscar


Filmaker Goodman: ‘We really had our hopes up for the school, Israel, and for the kids, hoping that the world would see the message.”

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PM rebuffs faction’s calls to build new settlements


“We are currently in a very difficult international situation,” Netanyahu tells Likud members in response to settler complaints.

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For a real health reform


Maintaining one of world’s finest health systems will pay off in long run by reducing the costs to society of inadequate health care.

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