Summary: On this episode of The Cost of Doing business: - Bank of Israel rushes to buy 500 million dollars in two days, in an attempt to curb the Shekel's rise. How well is Karnit Flug handling her first real test as BOI governor? Should she set a floor-rate for the dollar? David Rosenberg, Economics Editor for Haaretz in English, explains - Without peace with the Palestinians, says Finance Minister Yair Lapid, Israel’s economy will only suffer. Edan Raviv, Director of Economy & Environment at the Peres Center for Peace, explains why a European boycott of Israel may be a very real threat - An insider trading scandal shocks the Israeli capital market, following the arrest of three of Israel’s biggest money managers. Is insider trading and stock running common in the Israeli capital market, and are regulators finally doing something about it? Assa Sasson, Financial and Insurance reporter for TheMarker, dishes the dirt - New report by Adva Center finds large wage gaps between Ashkenzaim and Mizrahim and reveals that ethnic gaps and discrimination are still a large part of the Israeli labor market. Yaron Dishon, Director of the Popular Education program at Adva, supplies the detail - Start up of the week: Yadwire offers Israelis free Wi-Fi, through a model that relies on advertising. Stephane Hercot, Yadwire CTO, and David Adelsberg, the company’s Pre-Sales Manager, explain how you can bring free Wi-Fi to the public and still remain non-intrusive - Plus: music by Pete Seeger, Axum, Rowland S. Howard, Tom Waits and Dave Van Ronk
