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While Some See Warning Signs, Commercial Real Estate in NYC Continues to Boom

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The New York City real estate market “is expected to take a hit as the result of ambitious legislation designed to push back against climate change, which includes requiring the owners of residential and commercial buildings to cut energy usage and carbon emissions or face significant fines,” Forbes recently reported. Photo Credit: Shutterstock

There is money to be made – big money – in New York City’s commercial real estate.

MRP Realty and AEW Capital Management reportedly purchased a warehouse in the South Bronx 16 months ago. They then leased it to Amazon. Now they are about to cash in.

The 116,000-square-foot industrial property at 1300 Viele Avenue in the Hunt’s Point section is expected to go for approximately $70 million, sources have told The Real Deal.

“The identity of the family buying the property wasn’t disclosed,” Real Deal reported. “A Cushman & Wakefield team of Adam Spies, Doug Harmon, Kevin Donner, Adam Doneger and Anthony Pasquale negotiated the deal for the sellers. Washington, D.C.-based MRP Realty teamed up with AEW Capital Management – the $75 billion real estate manager owned by French investment bank Natixis – in late 2017 to buy the two-building warehouse complex taking up a full block at 1300 Viele and 1301 Ryawa Avenues for $25.6 million.”

Only days ago, MRP announced it had secured $191.8 million for phase one of the 13-acre mixed-use development called Bryant Street in Washington, D.C.’s Edgewood neighborhood, according to a press release from HFF, which represented MRP Realty in the financing negotiations.

Industrial and warehouse properties are growing in demand as players jockey for locations close enough to permit fast delivery of products.

Some see potential trouble ahead, however. The New York City real estate market “is expected to take a hit as the result of ambitious legislation designed to push back against climate change, which includes requiring the owners of residential and commercial buildings to cut energy usage and carbon emissions or face significant fines,” Forbes recently reported. “Under one of the six bills passed as part of the Climate Mobilization Act, buildings that are more than 25,000 square feet will be required to make fixes, such as upgrading boilers and installing new windows and insulation, to become more energy efficient, with the goal of cutting greenhouse gas emissions 40% percent by 2030 and 80% by 2050.”

Beginning in 2024, the magazine continued, building owners who don’t comply “will be hit with fines totaling the difference between the emissions limit for the year and its actual emissions, multiplied by $268. Real estate industry leaders, including those involved in discussions leading up to the legislation that was crafted with the goal of it passing by Earth Day on April 22, worry that the aggressive law will further hurt the already struggling residential market as building owners are faced with making pricey retrofits and encouraging tenants to change their energy use.”

Massive US Lawsuit Charges Teva Pharmaceuticals with Price Fixing

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Teva Pharmaceuticals claims it will defend itself against lawsuits. Photo Credit: Shutterstock

Teva Pharmaceuticals says it did nothing wrong, and that it will defend against lawsuits that allege price fixing.

The lawsuits are coming from 44 states in the United States. In response, the firm’s stock shares sank to their lowest level since November 2017.

Teva’s Chief Financial Officer Mike McClellan said at a meeting in Israel that the legal storm it is facing is neither new nor criminal in nature. “There have been no developments in this area. We take these accusations seriously, and we are going to defend ourselves.”

According to the Israeli Haaretz newspaper, citing the complaint filed Friday in U.S. District Court in Connecticut, Teva’s American unit and 19 other drug makers are alleged to have conspired to divide up the market for drugs to avoid competing and, in some cases, are said to have conspired to prevent prices from dropping or to raise them.

Teva has been developing and producing medicines to improve people’s lives for more than a century. It is a global leader in generic and specialty medicines with a portfolio consisting of over 35,000 products in nearly every therapeutic area. Around 200 million people around the world take a Teva medicine every day, and are served by one of the largest and most complex supply chains in the pharmaceutical industry.

“Prosecutors said Teva Pharmaceuticals USA had orchestrated matters to inflate drug prices – sometimes by more than 1,000% – and to stifle competition for generic drugs,” Haaretz wrote.

“The allegations in this new complaint, and in the litigation more generally, are just that – allegations,” Teva said in a statement afterwards. “Teva continues to review the issue internally and has not engaged in any conduct that would lead to civil or criminal liability.”

“The statements did little to assuage investor concerns, and Teva shares plummeted 10.7% in Tel Aviv Stock Exchange trading on Sunday to close at 46.66 shekels ($13.07),” the newspaper reported. “Teva also trades on the New York Stock Exchange, but news of the suit came after the market closed on Friday. The sharp drop in Teva shares, as well as at another pharma company, Opko Health, based on pre-opening orders, led to a six-minute delay in the start of TASE trading on Sunday. Opko finished 13.8% lower at 7.56 shekels on unrelated news. The TASE’s benchmark TA-35 index fell 0.6% for the day in light trading.”

The company’s management continued to look forward, announcing just three days ago the launch of a generic version of Delzicol®1 (mesalamine) delayed-release capsules, 400 mg, in the U.S.

Teva EVP and Head of North America Commercial, Brendan O’Grady said in a press release, “Ulcerative colitis is a chronic inflammatory bowel disease and we’re proud to provide another treatment option for patients.”

Fox Corp Unveils “Insanely Simple” Biz Model at Investor Day

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Rupert Murdoch Photo Credit: Shutterstock

Rupert Murdoch explained Fox Corp.’s strategy last week, terming it “insanely simple.”

The event was the company’s first-ever Investor Day. Murdoch said he wants to focus its programming almost completely live events, including both news and sports.

Fox will be “pivoting at a pivotal moment,” said Murdoch. “We could see a shift coming in media and the danger to the industry,” he added.

“Our first quarterly results as Fox Corporation demonstrate the strength of our businesses as we delivered strong top line growth across our operating segments and across our key revenue categories. Fox commences as a standalone company with strong assets in unique positions to succeed in the evolving media landscape,” company CEO Lachlan Murdoch said in a statement.

The content that will be driving the ad revenues will be 70% comprised of news, sports and other live events, he added. “The emphasis on live programming, like football games and breaking news, seeks to distinguish Fox from other broadcasters in an industry that has seen scheduled programming transform into “anytime viewing” thanks to services like Netflix and YouTube. “We’re standing apart from the mob and focusing on the power of now.”

In the wake of the Disney sale, Fox has four main brands: Fox News Channel, the country’s most-watched basic cable network; Fox Sports; Fox Network, the national television broadcast network; and Fox Television Stations, which owns and operates 28 broadcast stations in the US.

Fox reported total quarterly revenues of $2.75 billion, a 12% increase from the $2.46 billion of revenues in the prior year quarter. The increase in revenues was primarily attributable to affiliate and advertising revenue growth of 11% and 9%, respectively. This revenue growth was driven by a 29% increase in retransmission consent revenues and by a 10% increase in advertising revenues at the Television segment, its statement said.

The company also reported a 35% increase in other revenues primarily due to higher digital content licensing revenues at the Television segment. Quarterly income before income tax expense increased to $706 million from the $654 million in the prior year quarter primarily due to higher revenues at the Cable Network Programming and Television segments.

It was reported three days ago by The Hollywood Reporter that Fox Corporation will not launch a Fox-branded direct-to-consumer service, citing COO John Nallen as the source. “Apart from FoxNation, we see no reason for a Fox-branded direct-to-consumer offering,” he said at the event. He added that there will not be a “substantial or profitable future for a Fox family” offering.

Was Buffett’s Berkshire Hathaway Cheated Out of $340M as Part of a Ponzi Scheme?

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Berkshire Hathaway reportedly took a $377 million charge “after investing hundreds of millions in tax-equity investment funds tied to a company that federal authorities say engaged in fraud, according to Berkshire’s first-quarter regulatory filing. Photo Credit: Shutterstock

Was billionaire businessman Warren Buffett’s Berkshire Hathaway cheated of $340 million as part of a Ponzi-type scheme?

Some say yes.

Jeff Carpoff, the CEO of the defunct energy company DC Solar, “lived a lavish lifestyle before the FBI raided his and his wife Paulette’s Martinez, Calif., home and DC Solar’s offices in December, court papers show,” according to the New York Post. “Among the treasures now in the feds’ possession include a car collection totalling at least 157 cars, including three Bentleys, a 1926 Ford Model T, 17 Dodge Rams, and 15 Chevy Camaros. Also seized were season tickets for the yet-to-be-formed Las Vegas Raiders NFL team worth $782,949; more than $50 million in bank accounts, over 30 properties scattered throughout California and Nevada, and a stash of jewelry, including a “three prong diamond necklace” and a Ballon Bleu de Cartier watch worth more than $6,000, court papers show.”

Berkshire Hathaway reportedly took a $377 million charge “after investing hundreds of millions in tax-equity investment funds tied to a company that federal authorities say engaged in fraud, according to Berkshire’s first-quarter regulatory filing. The investments were tied to DC Solar, Debbie Bosanek, Buffett’s assistant, said Wednesday in response to Bloomberg’s questions about the expense. That’s the mobile solar generator company that federal authorities have alleged ran a fraudulent scheme involving tax benefits.”

It was in late December, according to abc7news.com. that the FBI said it had raided a home in Martinez, California owned by Paulette and Jeff Carpoff.

“There were a lot of FBI and U.S. Marshals going in, they said it wasn’t something we had to worry about,” a neighbor told the news organization.

In a statement quoted by abc7news.com, the Carpoff’s law said that the family “was surprised and disappointed with the actions taken by the government earlier this week which appear to relate to an ongoing tax dispute. The Carpoffs are grateful for the support of their friends and family and have trust in the system to resolve this matter.”

Aside from Buffett’s company, investment firms like East West Bankcorp and Progressive Corp also reported losses involving their investments into DC Solar, Business Times reported. “The mobile solar generator company apparently bloated their capabilities in terms of providing investors with “favorable tax consequences.” Federal authorities who had investigated the business allegedly uncovered a large Ponzi-type scheme involving various investments. The US Securities and Exchange Commission has also formally accused DC Solar of engaging in a Ponzi scheme. In February, the Federal Bureau of Investigation (FBI) has determined that the firm’s operations seemed to reflect evidence of an investment fraud scheme.”

Millions of Retirees Returning to Work; Looking for Extra Income

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Retired Americans are scared, and so they are, basically, unretiring – looking for jobs in case Social Security payments get rolled back and they end up outliving their savings. Photo Credit: Shutterstock

Retired Americans are scared, and so they are, basically, unretiring – looking for jobs in case Social Security payments get rolled back and they end up outliving their savings.

Over 50% of elderly employees told Transamerica Center for Retirement Studies (TCRS) in a survey that they have returned to work, or never stopped in the first place, because they want the income.

Another research project, this one conducted by AARP, found that 13% of respondents aged 45 and older said they were retired but still looking for work.

As part of its just-released research, TCRS asked Americans what retirement means to them. What they found was that workers most often associate

retirement with the words “freedom” (55 percent), “enjoyment” (53 percent), and “stress-free” (43 percent), despite the magnitude of preparations and challenges involved.

The study, titled What Is “Retirement”? Three Generations Prepare for Older Age found that “Retirement is no longer associated with a gold watch and metaphoric sunsets. Today’s workers expect to extend their working lives beyond age 65. Their vision of retirement balances continued work with freedom and more time to pursue personal interests,” according to Catherine Collinson, CEO and president of Transamerica

Institute and TCRS.

Other research highlights include:

  • Eighty-six percent of workers cite positive word associations with “retirement,” compared with only 37

percent who cite negative words.

  • Fifty-five percent of workers plan to work after they retire, including 41 percent who plan to work part time and 14 percent full time. Among workers planning to work in retirement and/or past age 65, most plan to do so for financial reasons (80 percent) and almost as many for healthy-aging reasons (72 percent).
  • Forty-four percent of workers envision a phased transition into retirement during which they will reduce work hours with more leisure time to enjoy life (27 percent), or work in a different capacity that is less demanding and/or brings greater personal satisfaction (17 percent). Another 22 percent plan to continue working as long as possible until they cannot work anymore.
  • The most often cited retirement dreams are traveling (67 percent), spending more time with family and friends (57 percent), and pursuing hobbies (48 percent). Thirty percent of workers dream of doing some form of paid work such as pursuing an encore career (13 percent), starting a business (13 percent), and/or continuing to work in the same field (11 percent). Twenty-six percent dream of doing volunteer work.

“Workers must take greater action in saving, investing, financially planning – and protecting their health – to successfully transform their visions of retirement into reality,” said Collinson. “In addition to preparing for longer lives and more time spent in retirement, workers are increasingly expected to self-fund a greater portion of their retirement income as a result of the evolving retirement landscape.”

Israel’s Left-Wing in Uproar as Netanyahu Targets Supreme Court for Reform

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Israel’s next government appears set to make far-reaching reforms to Israel’s judicial system, with significant changes being planned for Israel’s Supreme Court. Photo Credit: Yeshiva University

Reforming Israel’s Supreme Court may be the central struggle of Israel’s next government.

Israel’s next government appears set to make far-reaching reforms to Israel’s judicial system, with significant changes being planned for Israel’s Supreme Court. Israel’s political right has criticized the court in recent years for over-reaching, taking powers normally reserved to the other branches of government.

Members of the United Right, a coalition of parties that ran as one list in the recent Knesset elections, put together a document containing 16 proposals for reining in what they see as a runaway Supreme Court under the title “Sovereignty & Justice,” Israel Hayom reports on Monday.

MK Bezalel Smotrich, head of the National Union party, a member of the United Right, met several times with Likud MK Yariv Levin, considered a front-runner for the position of justice minister, to discuss the matter, the paper reports.

It is conjectured that all the suggestions will be passed and perhaps still others not included in the document, Israel Hayom says.

16 proposals

Perhaps the most significant of the 16 proposals is the passing of an “Override Clause.” It would grant the Knesset the power to reverse Supreme Court rulings with a simple majority of 61 votes. Israel’s Supreme Court has been overturning laws passed by Israel’s parliament at an increasing rate in recent years. Those in favor of the law argue that by doing so the high court has essentially usurped power belonging to the legislative branch.

Other proposals include changing the way judges are selected. The Supreme Court’s detractors argue that it’s largely self-selecting in the current setup. A nine-member committee selects judges but the court is more or less guaranteed six of the votes, giving it veto power. Those who call for change say the court naturally chooses like-minded people, preventing the court from representing the diversity of opinion that properly reflects Israeli society.

Another of the suggestions is to change the rules regarding legal standing. Currently, anyone can bring a case before the court whether or not they are an injured party, something that was not always the case in Israel but occurred in the 1980s. The situation is unlike in the U.S., for example, which requires “concrete” injury for standing.

Israel Hayom reports that Prime Minister Benjamin Netanyahu is familiar with the contents of the document but has not yet given it the “green light.”

It appears the prime minister agrees with at least some of them, tweeting on Monday:

“My policy has always been to maintain a strong and independent court — but this does not mean a court that is omnipotent. The media has published purposeful leaks and distorted interpretations that include incorrect proposals. All this is done to sow fear and prevent any changes, with the aim of stopping the necessary balancing between the Israeli branches…”

Opposition reacts

The reports of reforming the Supreme Court coupled with Prime Minister Netanyahu’s tweet led to an uproar among Israel’s opposition members and in parts of Israel’s media.

Most focused on talk of an “Immunity Law” that would protect Israeli parliamentarians from prosecution. Opponents say the prime minister wants the law to protect his own skin as he faces three corruption cases that could lead to an indictment pending a hearing.

Benny Gantz, head of the opposition as leader of the Blue & White party, tweeted on Monday, “We anticipated that Bibi would do everything in his power to build a coalition [that would act as] a legal stronghold, but such contempt for the rule of law is crossing a red line that we will not pass by in silence.”   (World Israel News)

Rad more at: worldisraelnews.com

US Denies Visa to Senior PLO Official, Hanan Ashwari, in Surprise Move

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Hanan Ashwari, a senior Palestinian official said the United States denied her application for a visa to travel to the U.S. on Monday in what appears to be the latest sign of escalating American political pressure on Palestinians. Photo Credit: Amherst.edu

The U.S. does not refuse visas based solely on people’s political views or statements, a State Department official said.

A senior Palestinian official said the United States denied her application for a visa to travel to the U.S. on Monday in what appears to be the latest sign of escalating American political pressure on Palestinians.

Hanan Ashrawi, a top official in the Palestine Liberation Organization and outspoken activist for Palestinian rights, told The Associated Press that she believed she was rejected for political reasons.

She said she had been invited to a series of speaking engagements at universities and think tanks in the U.S., and was also planning to visit relatives, including a daughter and grandchildren living there.

Educated in the U.S., Ashrawi, 72, said she has visited America many times and typically makes several visits a year. With her fluent English, she is a prominent Palestinian spokeswoman on TV and has met with top U.S. officials over the past three decades.

Asked whether her visa denial was political, she said: “Of course,” calling it “pettiness and vindictiveness.”

A State Department official declined to provide details about Ashrawi’s case, citing confidentiality requirements, but said the U.S. does not refuse visas based solely on people’s political views or statements.

The Palestinian Authority severed ties with the Trump administration after it recognized Jerusalem as Israel’s capital and moved the embassy there.

Ashrawi has accused the Trump administration of racism, among other controversial statements slandering Israel and the U.S.

Last year, when John Bolton was named U.S. national security adviser, Ashrawi said that “with his appointment…the American administration has joined the extremist Zionists, the fundamentalist Christians and the racist white people,” as reported by the PA official daily Al-Hayat Al-Jadida.

In January, commenting on the as-yet-unreleased U.S. peace plan, Ashrawi said the American administration “has zero credibility.”

US Envoy to Ashrawi: ‘Let’s Not Pretend’

“Let’s be honest,” tweeted U.S. President Donald Trump’s top envoy to the Middle East, Jason Greenblatt, “[and] not pretend recent U.S. decisions are the cause of the current situation [between Israel and the Palestinians] which has existed for decades.”

Greenblatt responded to Ashrawi further on social media, saying, “You may dislike our policies & decisions, but to say we have ‘zero credibility’ is simply not factual. [Trump] has kept his commitments, such as recognizing Jerusalem as the capital of Israel and moving our Embassy to Jerusalem.”

He continued, “Which do you think gives someone credibility — working to try to achieve peace or merely making political statements, which leads to nothing? You’re entitled to criticize our policies. But let’s not ignore the huge disservice being done to the Palestinians by refusing to engage.

            (United With Israel)

Read more at: unitedwithisrael.com

Israel Locates Site on Golan to be Named After President Trump

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Photo Credit: ABC News

Israel has selected a location for a community to be named after President Trump on the Golan.

Israel has already identified a location on the Golan Heights to build the new town that will be named after President Donald Trump. Prime Minister Benjamin Netanyahu made the announcement at the start the government’s weekly Sunday Cabinet meeting.

On April 23, Mr. Netanyahu revealed his plan to name a new community after the U.S. president while touring the Golan Heights with his family. The gesture is meant to be in gratitude for President Trump’s official recognition of Israeli control over the area captured in the 1967 Six Day War.

Mr. Netanyahu said in a video post during his visit that there’s “a need to express our appreciation by calling a community or neighborhood on the Golan Heights after Donald Trump. I will bring that to the government [for approval] soon.”

The exact name of the community has not yet been revealed but the prime minister said it would be soon.

The future town is not the only place that will bear President Trump’s name. The mayor of Petah Tikvah recently announced he would name a town square after Mr. Trump. More such names are likely to follow.

On March 25, President Trump signed a proclamation recognizing Israel’s sovereignty over the Golan Heights.

With Prime Minister Netanyahu present, the president said it was time for the U.S. to take the step after 52 years of Israeli control of the strategic highlands on the border with Syria.

“This should have been done numerous presidents ago,” President Trump said.

The international community has refused to recognize Israel’s sovereignty over the territory. During the war, Syria and three other Arab nations attacked the Jewish state.

President Trump’s move was met with condemnation by most of the international community, including in Europe and most Arab countries.

Envoys from Britain, France and Germany protested, saying it would legitimize Russia’s takeover of the Crimea.

U.S. diplomats reportedly responded: “In the case of the Golan Heights, Israel took over the area after a war that was forced on it. In the case of Crimea, the Russians weren’t attacked but rather invaded the area on their own initiative.”

             (World Israel News)

Read more at: worldisraelnews.com

Zionism Prize Winner Calls for Jewish Sovereignty Over All Judea & Samaria

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Sovereignty Movement co-leaders Yehudit Katzover (L) and Nadia Matar (Youtube/Screenshot)

Fifty-two years since the victory of the Six-Day War, the time has come to apply sovereignty over all of the Land of Israel, states Moskowitz Prize for Zionism winner Nadia Matar.

Nadia Matar and Yehudit Katzover, co-directors of the Sovereignty Movement, are two of the winners of this year’s Moskowitz Prize for Zionism.

The prize is “a bigger honor than the Nobel Prize,” Matar told Josh Hasten of Israel Uncensored in an interview Sunday. “Everything they [the Moskowitz family] do is the love and the development of the Land of Israel.”

The late Dr. Irving Moskowitz “was a prophet when he said we have to resettle Jews in eastern Jerusalem. He also acted upon his beliefs, and thanks to him and the entire Moskowitz family,” now so many Jews live there as well as in Judea and Samaria, Matar says.

The non-profit Women in Green grassroots organization – founded in 1993, headed by Matar and Katzover, and “dedicated to safeguarding our God-given biblical homeland,” as explained on its website – established the Israel Sovereignty Movement.

“What is our dream?” Matar explains in the interview. “Not only to live in the entire Land of Israel, but also to be sovereign.

“The government didn’t really know what to do” after the 1967 Six-Day War, when Israel, threatened with annihilation by the surrounding Arab countries, captured eastern Jerusalem, Judea and Samaria, the Golan Heights and Sinai desert in a war of defense.

“When you win a war and return to the God-given Land of Israel…they should have applied sovereignty from a legal point of view,” Matar states.

Instead, “the government stayed for 52 years with the same ‘stuttering’ about what is the status of Judea and Samaria.”

It’s no wonder the world says that perhaps Israel is the “occupier” and the Arabs may have a legitimate case, she adds.

‘The national right has a plan’

“The national right has a plan,” Matar declares, citing her movement’s progress over recent years. “Originally it was considered a fringe idea to raise the flag of sovereignty,” but on January 31, 2017, the Central Committee of the Likud voted in favor of sovereignty over the Jewish communities in Judea and Samaria.

Considering Prime Minister Benjamin Netanyahu’s pre-election vow to annex areas of Judea and Samaria, Hasten asked Matar if she was optimistic that it will indeed be a top priority of the new government.

“We were certainly very pleasantly surprised,” Matar replied, stressing that the Israeli leader “understands that this is the wish of the majority” of Jewish voters, calling it “incredible advancement.”

“But there is talk and promises before elections and then there is implementation,” she said. “We have to make sure he will do what he promised.”

‘Immoral’ Palestinian state

Regarding the upcoming U.S. peace plan, it must be made clear that there can be no Palestinian autonomy in Judea and Samaria, Matar affirmed, saying the creation of a Palestinian state would be a “tragedy” and “unacceptable” as well as against American interests.

Such a decision would be “immoral” and increase the suffering of peace-loving Jews and Arabs, she said, noting the increased security challenges, such as missiles and rockets, that result when Israel retreats.

“We have Arabs who are with us,” she said, “cursing the Oslo agreements, cursing that the Palestinian Authority was created.

The Moskowitz Prize will be awarded on June 4 at a gala ceremony at the Jerusalem International Convention Center. Matar and Katzover plan to use the prize money to make a sovereignty conference for youth, noting that the next generation is the future.

(World Israel News)

Read more at: worldisraelnews.com

Suspicions Raised Over Hacking on WhatsApp by Israeli Based Company

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Photo Credit: Shutterstock

Anxiety over security is running wild. Its latest whistle stop is NSO Group, an Israel-based company that some are alleging has supplied systems for spying on human-rights activists and journalists.

The latest claim hurled at the firm is that its technology is able to take advantage of a security gap in WhatsApp that lets it intercept digital communications of iPhone and Android phone users.

Insiders also claim to have found spyware that carries signs that the technology came from NSO Group.

“WhatsApp encourages people to upgrade to the latest version of our app, as well as keep their mobile operating system up to date, to protect against potential targeted exploits designed to compromise information stored on mobile devices,” the company said in a statement.

“The WhatsApp hole was used to target a London lawyer who has been involved in lawsuits that accuse NSO Group of providing tools to hack the phones of Omar Abdulaziz, a Saudi dissident in Canada; a Qatari citizen; and a group of Mexican journalists and activists, the researchers said. The researchers believe the list of targets could be much longer,” reported the New York Times. “Digital attackers could use the vulnerability to insert malicious code and steal data from an Android phone or an iPhone simply by placing a WhatsApp call, even if the victim did not pick up the call. As WhatsApp’s engineers examined the vulnerability, they concluded that it was similar to other tools from the NSO Group, because of its digital footprint.”

NSO has released a statement that says, among other things, “NSO’s technology is licensed to authorized government agencies for the sole purpose of fighting crime and terror. The company does not operate the system, and after a rigorous licensing and vetting process, intelligence and law enforcement determine how to use the technology to support their public safety missions.

“We investigate any credible allegations of misuse and if necessary, we take action, including shutting down the system,” the statement continued. “Under no circumstances would NSO be involved in the operating or identifying of targets of its technology, which is solely operated by intelligence and law enforcement agencies. NSO would not or could not use its technology in its own right to target any person or organization, including this individual.”

Before the latest WhatsApp revelation, NSO’s spyware “has repeatedly been found deployed to hack journalists, lawyers, human rights defenders and dissidents,” according to beloitdailynews.com. “Most notably, the spyware was implicated in the gruesome killing of Saudi journalist Jamal Khashoggi, who was dismembered in the Saudi consulate in Istanbul last year and whose body has never been found.”

The news organization added that several alleged targets of the spyware, “including a close friend of Khashoggi and several Mexican civil society figures, are currently suing NSO in an Israeli court over the hacking. On Monday, Amnesty International — which said last year that one its staffers was also targeted with the spyware — said it would join in a legal bid to force Israel’s Ministry of Defense to suspend NSO’s export license.”

US Mayors in Israel to Get a Closer Look at the ‘Innovation Nation’

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Organized by AJC Project Interchange, the seminar is designed to further enhance US-Israel relations at the municipal level. This delegation is chaired by Los Angeles Mayor Eric Garcetti (pictured above). Photo Credit: Twitter

A delegation of US mayors is visiting Israel for a week-long educational seminar to experience a personal encounter with Israel and how it works, and to take some ideas back home.

Organized by AJC Project Interchange, the seminar is designed to further enhance US-Israel relations at the municipal level. This delegation is chaired by Los Angeles Mayor Eric Garcetti.

This is the third such delegation to visit the Jewish state, and the first to visit under the auspices of a Memorandum of Understanding (MoU) between the US Conference of Mayors and American Jewish Committee (AJC) signed in January, the highlight of which is an annual mayors’ delegation to Israel.

The seminar is intended to provide the mayors with “a first-hand understanding of Israel, dubbed the ‘Innovation Nation’ for its economic and social entrepreneurship,” the AJC stated. “The mayors will learn about Israel’s vibrant democracy, diverse society, and regional challenges.”

They will meet with figures across the political and social spectrum, including President Reuven Rivlin, US Ambassador to Israel David Friedman, high-ranking government officials, leaders of Israel’s minority communities, and Jewish and Arab civil society leaders.

The mayors will also meet with their Israeli counterparts to discuss best practices for their home communities on smart city development, economic growth and technology start-ups, urban revitalization, and city administration.

“Los Angeles and Israel share so much – vibrant cultures, beautiful landscapes, diverse communities, ties of family and friends, our experiences as dreamers, and our common belief in democracy,” said Mayor Garcetti.

Melanie Maron Pell, AJC Managing Director of Regional Offices, who is accompanying the delegation, said that “the mayors will learn a great deal about hi-tech and economic development, immigration absorption, diversity, and emergency services that will assist them in their governance of their respective cities.”

The delegation will visit significant historical and cultural sites, as well as Tel Aviv, Haifa, Israel’s borders, and Jerusalem, including the Old City.

In January of 2018 it was reported that Israeli high-tech start-up companies raised a record $5.24 billion in 2017, an increase of nine percent on the previous year, according to the latest IVC Research Center-ZAG report.

The sum was raised in just 620 deals, compared to a total of $4.83 billion raised in 673 deals in 2016 as venture capital investments grew for the fifth consecutive year.

Four large deals of over $100 million each accounted 12 percent of the total amount raised (Cybereason, Via, Lemonade and Skybox) with an average of $8.5 million per deal in 2017, compared to just $3.6 million in 2013.

(TPS)

Israel’s Poisoned Vultures Case Leads to Arrest of First Suspect

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Member of the Israel's Nature and Parks Authority holds a vulture. (Flash90/Uri Lenz)

Israeli border police arrested a suspect in the deaths of griffon vultures on the Golan.

Israeli media extensively covered the mysterious deaths by poison of eight griffon vultures on the Golan Heights. On Monday, Israeli Border Police announced they had detained a suspect, a man in his 30s from the Bedouin village of Tuba-Zangariyye in the Galilee.

It was on Friday that the Israel Nature and Parks Authority and the Israeli Border Police were called to the scene of the crime.

It appears that the suspect poisoned a cow carcass to protect his cattle. Such indiscriminate methods have been used before to the detriment of Israel’s vulture population, which isn’t the intended target, but rather wolves and jackals.

Israel’s Kan news reports that 20 years ago there were 378 vultures in Israel. This past year the number stood at 47, a 61 percent decrease.

The poisoning sharply depletes the current vulture population on the Golan, which Israel’s Nature and Parks Authority has invested efforts in reviving. After the deaths of the eight, there remain only 13 on the Golan.

As the deaths occurred during the nesting period, the parks authority is concerned that eggs may also be lost.

In the wake of the poisonings, there have been fresh calls for increasing fines for poisoning wildlife and new legislation to deal with perpetrators.

Maariv reports that Knesset Member Miki Haimovitz of the Blue and White party, known for her animal rights advocacy, will present the “Eagles Law” on Monday aimed at protecting wildlife from similar poisonings.

“Eagles and wild animals are a significant Israeli natural resource,” MK Haimovitz said.

“The bill seeks to prohibit the use of poison and pesticides in circumstances where there is a risk of harming protected wild animals, because poisoning in open areas is the main cause of harm to the wildlife population,” she said, according to Maariv.

Similarly, the Society for the Protection of Nature in Israel wants tougher punishment for killing protected wildlife.

“The world is dealing with this phenomenon, but with us the fines are ridiculous and the government protects the farmers, not the wild animals,” said Dan Alon to Maariv. He is director of the bird watching center at the Society for the Protection of Nature in Israel.

A ninth vulture that was poisoned is recovering.

             (World Israel News)

Read more at: worldisraelnews.com

Is a Military Threat Looming Over the US?

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Over the past few years, under President Trump, we have slowly removed our forces from that ever deadly area of the world but it appears that we might be gearing up for action against, guess who? Iran. Photo Credit: Shutterstock

There is the threat, once again, of the United States being fully militarily involved in the Middle East. Over the past few years, under President Trump, we have slowly removed our forces from that ever deadly area of the world but it appears that we might be gearing up for action against, guess who? Iran. The U.S. military has sent forces, including an aircraft carrier and B-52 bombers to the Middle East in a move that our officials said was made to counter “clear indications” of threats from Iran not only to American forces in the region but to our allies in the area, which we must assume include Israel, Saudi Arabia and other Arab nations in that part of the world.

Our Secretary of State, Mike Pompeo outlined this very clearly in his statement on CNBC that the U.S. deployment came in response to intelligence about potential Iranian attacks and our moves aimed to deter them and to be able to respond if necessary. “In the event that Iran decided to come after an American interest–whether it be in Iraq or Afghanistan or Yemen or any place in the Middle East, we are prepared to respond in an appropriate way. Our aim is not war.” We’ve also increased economic and financial pressure on Iran to cut off its money making oil exports and to limit its nuclear and missile programs in order to render that nation less deadly and to try to make it understand that this country will no longer play the game of shutting its eyes to the growing threat Iran poses to the world.

We have to understand that the first victim of any Iranian attack will surely be Israel. No matter how powerful the Jewish State is militarily it cannot sustain a lengthy war against a possibly nuclear armed, religiously-suicidal led Iran that has no consideration for its own losses but is motivated by the Koran to eliminate, at all costs, the infidel state, Israel. Iran was given, by the Joint Comprehensive Plan of Action (JCPA) agreement with Western powers, in 2015, the right to pursue its nuclear arms production. Iran was also permitted by the naive West to invade and become a permanent occupying force in Syria, thereby planting itself militarily directly on Israel’s northern borders and together with its subordinate, Hezbollah, to constitute an immediate threat to Israel.

Israel needs a big, strong partner and the United States is finally assuming that role. Israel is a small, vulnerable, geographical dot on the map with few friends in the world. We are all taking deep breaths, saying our prayers that the threat of force by our nation finally sends the word to the belligerent, intolerant Mullahs of Iran that we will no longer play the game of sitting idly by and watching them run rampant across the Middle East. We hope (and again, pray) that this situation will end tranquilly and that peace, once again, will come not only to the Middle East, but to the whole world as well.

Are Religious Freedoms Under Attack?

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Catholic hospitals in California and New Jersey have already been sued for declining to perform hysterectomies on otherwise healthy women who wanted to pursue gender change. Such situations would blossom under this proposed national law. Photo Credit: Shutterstock

There is a new House Resolution dubbed the Equality act of 2019 that threatens our civil rights although its sponsors maintain that it increases the liberties of Americans. It expands the anti-discrimination laws already in existence to further ban discrimination against LBGTQ people in employment, housing, public accommodations and education. That sounds terrific! No one should be treated as a less-than for his or her sexual orientation. Of course, right here, we start to back away from this proposed law because we feel that one’s sexuality is determined not by one’s choice, as Progressives demand, but by the individual’s born-with physical characteristics. At birth, a doctor takes a quick glance at the baby’s genitals and declares the baby as a girl or boy…and that’s it. But not to our swarming Leftists and their congressional water carriers.

We are concerned that this bill, if passed by both houses would jeopardize parental rights. Children of any age would legally be entitled to demand puberty blocking drugs to help them transition to a sex other than what they were born as. The Cincinnati Children’s Hospital’s Transgender Health Clinic recommended such treatment for a biological girl, the parents refused and the courts ruled in favor of the child and removed “her” from the custody of “her” parents. Parents’ rights will be further eroded under this proposed law.

Under such current state gender identity and sexual orientation laws, medical professionals have been pressured to treat patients according to ideology rather than their best medical judgment. Catholic hospitals in California and New Jersey have already been sued for declining to perform hysterectomies on otherwise healthy women who wanted to pursue gender change. Such situations would blossom under this proposed national law.

Let’s move into the area of religious freedom jeopardized by such laws imposed to protect so-called minorities. What judicial federal penalties would orthodox rabbis face if, let us say, two men of their congregations asked to be married…to one another? What laws would take preference, civil or religious? Just think about it. A Colorado baker refused to bake a cake for a gay couple, was sued for discrimination, lost in the local court arenas but was found to be in his rights by the Supreme Court. He won, but at what cost emotionally and physically? And who is to say that our religious institutions, both Jewish and Christians would not have to bow to the Nancy Pelosi proposed Equality Act of 2019 (HR-51) if passed into law? We don’t want to gamble to find out. We want that proposed legislation either killed in the House or turned down in the Senate. Our citizens are already protected to the hilt by our current Constitution and the laws of this land.

Letters to the Editor

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The UN & Human Rights Dissidents

(The following is an open letter from UN Watch Executive Director Hillel Neuer to UN Secretary-General Antonio Guterres)

Dear Secretary-General Guterres,

We are deeply concerned about an apparent new UN rule that effectively bars human rights dissidents from speaking at the United Nations.

At an event that we hosted for human rights dissidents last month at the Palais des Nations in Geneva, two of our invited speakers, Mr. Dhondup Wangchen and Dr. Yang Jianli—former political prisoners in China now resident in the United States—were informed by the UN registration desk that they could not enter the premises without a passport from a UN Member State. When Dr. Yang noted that on multiple prior occasions he had been accredited without the passport of any country, but rather with other valid ID, the officer said the rules have recently been changed.

As you may know, dissidents are often forced to flee their home countries due to persecution for their human rights activism. Those governments typically deny the dissidents a passport. Once the dissidents have found a country of refuge, they will often be issued travel documents from that government—but not a passport. What this means is that the most compelling human rights witnesses in the world—dissidents who recently fled authoritarian regimes—typically have no valid passport.

The ability of these brave men and women to spotlight human rights abuses in their home countries—committed by regimes which in many cases sit on the UN Human Rights Council—is critical to the functioning of the UN human rights system. Any rule which effectively prevents dissidents from entering the UN and participating in human rights proceedings violates their right to freedom of expression—which is typically suppressed in their countries of origin—and hinders the human rights work of the UN.

We urge you to confirm that the UN will not require a country passport for accreditation to UN meetings, and will instead continue its previous policy of accepting other valid forms of identification.

Sincerely,

Hillel C. Neuer

Executive Director


Remembering Nat’l Wait Staff Day!

Dear Editor:

In these difficult economic times, it is especially important to patronize your favorite restaurants and honor the employees who make them a success. Why not join me in celebrating National Waiter and Waitress Day on May 21st? There are several ways to say thank you. Let your server(s), cooks and owners know how much you appreciate the excellent food and service.

On this day, don’t forget your cook and server. We try to tip 20 percent against the total bill including taxes. If it is an odd amount, round up to the next dollar. Why not leave a 25% tip on this day? If you can afford to eat out, you can afford an extra dollar tip. When ordering take out, don’t forget to leave a dollar or two for the waiter or cook. Trust us, it is appreciated.

Remember the people who work at your favorite restaurant are our neighbors. They work long hours for little pay and count on tips, which make up a significant portion of their income. If we don’t patronize our local restaurants, they don’t eat either. Your purchases keep our neighbors employed and the local economy growing.

Why not drop off a box of candy, cookies or some other treat for your favorite waiter or restaurant staff on this day as well?

Sincerely,

Larry Penner


Bridge Tolls & Climate Change???

Dear Editor:

It’s good news that the tolls increased on some river crossings, especially with the Verrazzano-Narrows Bridge now being the most expensive bridge to drive across in the country. Maybe that would make some motorists think twice before polluting the neighborhoods through which the freeways cut and contributing to climate change.

Discouraging driving, especially driving into a city, is good urban and environmental policy. Now the city and region need to do everything possible to dramatically increase mass transit options and infrastructure so that the people who use the Verrazzano for longer trips that could be awkward by mass transit would have the viable option of taking a train or bus. Efficient and cheap mass transit and expensive tolls to discourage driving are a winning combination.

As always, people, especially some of the people who should complain the least, are having knee-jerk reactions. “My G-d — $19 without E-ZPass! I mean, you’re going to Staten Island! It doesn’t seem worth it,” Bay Ridge resident Gloria Padron told The New York Post. She is apparently unaware of the fact that motorists are allowed to use E-ZPass, which gives drivers a discount, and she does not seem to realize that the MTA has select bus service that runs between Bay Ridge and Staten Island via the bridge for $2.75, and that includes a free transfer. Now someone like her may think twice before lugging a car across the bridge when she could help the environment and also take up less road and curb space by taking the bus instead of a car.

For too long, motorists coming on and off of these bridges pass right through places like Queens and Staten Island, not stopping in for any commerce or doing anything else to otherwise benefit the communities. The cars just create noise and leave behind pollution for residents to breath in all day and night. The United Nations Intergovernmental Panel on Climate Change gives humans just over a decade to take drastic action in order to curb the worst effects of climate change. Climate change is already happening, and especially in a low-lying area surrounded by water like the city, these places are vulnerable and will face consequences without action. By 2100, your favorite Jersey shore destinations may have constant flooding, with the boardwalk being just about the only dry area to stand.

Congestion pricing and higher tolls are a good start. Now let’s further disincentivize driving and put massive investments into our infrastructure and mass transit. Life depends on it.

Sincerely,

Libby Giebel

Is the Impeachment Game Killing Dem Chances in the 2020 Presidential Race?

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In a sign of pure desperation, Pelosi has begun insisting that impeachment is a Trump conspiracy. “Trump is goading us to impeach him," she actually claimed. The Dem House leader is hoping to dissuade her faction from its self-destructive orgy of Trump hatred by tapping into that hatred to convince them that impeaching Trump is exactly what he wants. And it won’t work. (Photo Credit: Shutterstock)

The Democrats have become a cult of anti-personality.

The ‘anti’ phenomenon is not unique. Past Democrat generations had built their identity around hating Goldwater, Nixon, and Reagan. But the internet monetized the cult of anti-personality in a big way.

And Democrats are paying the price.

Speaker Nancy Pelosi and the Dem House leadership have tried everything possible to stop the talk of impeachment. But nothing that she and her deputies can do has made a dent in the madness.

In a sign of pure desperation, Pelosi has begun insisting that impeachment is a Trump conspiracy.

“Trump is goading us to impeach him,” she actually claimed.

The Dem House leader is hoping to dissuade her faction from its self-destructive orgy of Trump hatred by tapping into that hatred to convince them that impeaching Trump is exactly what he wants.

And it won’t work.

Impeaching Trump is the obsession of a narrow slice of the Dem base. But it’s the one that provides much of the money and the manpower. The Democrats wouldn’t have won in 2018 without the Trump-haters, but they won’t be able to win in 2020 with them. Their fanaticism proved crucial in midterm elections where Democrats traditionally suffered from low voter turnout. But in a presidential election, voter turnout will be high. And the Democrats will need to win over independent voters.

A majority of Americans opposes impeachment. But impeachment fever turned otherwise obscure Dem politicians like Rep. Maxine Waters, Red. Ted Lieu and Rep. Adam Schiff into resistance celebrities.

While Pelosi worries about losing moderate districts, the loudest impeachment activists can’t lose.

Most of the House impeachment noise has been coming from Congressional Black Caucus, California and New York House members who are safely ensconced in districts that Republicans can’t win. The more noise they make, the more they can fundraise, build their brand and get invited on MSNBC.

They don’t risk losing their seats through a challenge from the right, but from the left.

Joe Crowley’s defeat at the hands of Rep. Alexandria Ocasio Cortez was a warning. Alienating Democrats or infuriating Republicans poses no risk to Democrats in safe districts. They’re worried about another prog coming out of the woodwork and impeachment is their shield against a challenger.

While Pelosi wants to hold on to her speakership by getting and keeping House Dems in swing states, the impeachment caucus is only out for the interests of its members. Before internet fundraising, political grandstanding wasn’t nearly as profitable. But Trump and the internet have changed all that.

Rep. Adam Schiff’s fundraising take went from below a million in 2016 to $6.25 million in 2018. Rep. Eric Swalwell’s finances ballooned from $1.9 million in 2016 to over $3 million in 2018. Swalwell became so confident that he even decided to run for president. Rep. Sheila Lee Jackson had her best fundraising totals since the Bush era. Rep. Maxine Waters went from raising $729,000 in 2012 to $1.59 million.

With numbers like these, why stop?

Talking about impeaching Trump provides the old Democrats in safe districts with a cash flow and protection against usurpers backed by the Democratic Socialists of America. Even if it hurts their party.

The House impeachment activism also reflects the split within the Democrat electorate.

At April’s end, an NPR/PBS NewsHour/Marist poll showed that42% of adults wanted an end to the investigation. Another 33% wanted more congressional hearings.

Only 16% were ready for impeachment.

Among Democrats, only 27% were ready for impeachment. Impeachment fever was highest among “progressives”. 30% of Democrat women wanted impeachment, but only 23% of men. Support for impeaching Trump was highest in the big cities that are home to the resistance and lowest in rural areas.

(Contrary to Pelosi’s exercise in reverse psychology, only 1% of Trump supporters wanted Democrats to start impeachment proceedings.)

Support for impeachment was highest in the West.

If you want to understand why California politicians like Rep. Maxine Waters, Rep. Ted Lieu and Rep. Adam Schiff are all over the news networks talking impeachment, these numbers show why.

In the 2018 exit polls, support for impeachment was highest in California followed by New York. That’s also where much of the money that swung the midterm elections came from. California donors bought elections and special elections for Democrats in red and purple states in impeachment’s name.

But the rest of the country isn’t California or New York.

Impeachment was a con. Democrats solicited fortunes from bicoastal donors while promising them something that they knew they couldn’t and wouldn’t deliver. It’s a familiar con in politics. There’s just one problem. Pelosi, Schumer and the Dem leadership need the donors they’ve conned to keep giving.

The Democrats have been caught on the hook of their own con.

Their money is telling them one thing while their electorate is telling them another. The media desperately needs an impeachment push to goose their ratings. Impeachment is the only thing that would lift CNN’s ratings out of the toilet. And if the Democrats won’t give the media what it wants, the same outlets that profited from the Mueller witch hunt will go after Pelosi for standing in their way.

The Democrats can have the money and the media, or win elections. But they can’t have all three.

That’s why Speaker Pelosi is finding new convoluted reasons to avoid an impeachment push. The crazy lies are an effort to string along donors and media outlets until the election, without alienating the independent voters that her faction needs to win, in order to defeat Trump and the Republicans.

And that will take the impeachment question off the table and validate her strategy.

But if Trump is reelected, then Pelosi will fall. The Democrats are playing it safe by backing Biden and avoiding impeachment. But if Biden becomes the nominee and loses, lefties will claim that the election was lost because the Democrat leadership chose to play it safe instead of going radical.

Trump’s reelection will crack open the con and wipe out a faded generation of Democrat leadership.

That’s why Pelosi has made this her final rodeo. If her bet pays off, she retires after taking a victory lap. If it fails, she leaves in disgrace to sip chardonnay with Hillary Clinton and blame the Russians.

But even making it to 2020 will require keeping the lid on a furious donor class and unruly House.

Speaker Pelosi has failed to control either the freshman radicals like Rep. Ocasio Cortez and Rep. Tlaib or the rest of her California delegation which won’t stop playing the impeachment card.

The Mueller report took more pressure off Pelosi than it did Trump. In its aftermath, she’s trying to channel Dem activity into endless hearings, which are always a safe bet in Washington D.C., and into going after Trump officials whose persecution won’t alienate independents or rile up Republicans.

But it won’t be enough.

The Democrats have become a party of hate. The haters have poured money and manpower into a moribund party. It’s their party now and they will settle for nothing less than destroying Trump.

Even if it destroys them too.

(Front Page Mag)

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism.