Archive for The Diaspora

Coca-Cola buys SodaStream’s competitor for $1.25b

World’s largest soft-drink maker purchases Green Mountain, which is soon to launch a SodaStream-like home soda machine.

By Reuters and TheMarker 

Israel’s SodaStream, which has suffered a rough month amid profit warnings and the controversy over its West Bank factory, got some more bad news on Wednesday when Coca-Cola said it would be buying a stake in a company readying to launch a cold drink machine for home use.

Coca-Cola

Coca-Cola products – IsraelandStuff/PP

The world’s biggest maker of soft drinks – whose products have been targeted by SodaStream commercials – is taking a 10% stake in Green Mountain Coffee Roasters, best known for its popular Keurig one-cup coffee brewer. Continue Reading »

Rice slams Israeli officials on Twitter for ‘unfounded & unacceptable’ criticism of Kerry

 

Former US envoy to UN goes after Netanyahu & his cabinet ministers on Twitter for criticizing Kerry’s warning of growing boycott calls.

By Ynetnews

Kerry is not the only person who has warned of a looming increase in boycotts. Israeli business and political leaders have been vocal about their concerns on this matter. Last month, a delegation of captains of industry flew to the annual international business conference in Davos to warn Netanyahu that maintaining a growing and stable economy requires Israel to make peace with Palestinians.

Israeli ambassador to the UN Ron Prosor with former US counterpart Susan Rice (Photo: Shahar Azran)

Israeli ambassador to the UN Ron Prosor with former US counterpart Susan Rice – Photo: Shahar Azra

The US National Security Advisor Susan Rice has rapped Israeli officials for comments directed at Secretary of State John Kerry over the ongoing peace process with the Palestinians. Continue Reading »