Israel’s gas find offers an opportunity for US interests by helping to secure Middle East peace & undercutting Putin’s pretensions in Europe & the East Mediterranean.
By Arthur Herman
If you think Vladimir Putin has enough worries on his plate dealing with the Sochi Olympics debacle, the turmoil in Ukraine and Russia’s sputtering economy, think again. A new potential source of trouble is brewing out in the eastern Mediterranean — one that could not only undermine Putin’s efforts to rebuild Russia’s influence in the Middle East, but his current strong hand in Europe.

Russian President Vladimir Putin – Photo: AP
The threat: Israel’s recently discovered offshore gas deposits — one of the biggest global finds of the past decade. Continue Reading »






Turkey’s Hurriyet Daily News quoted Davutoglu, who has been an acerbic and vocal critic of Israel, as saying in a televised interview that “there has recently been a momentum and new approach in compensation talks. We could say that most of the differences have been removed recently in these discussions.” 








Israeli New Shekel Exchange Rate