Summary: On this episode of The Cost of Doing Business: Intel decides to upgrade its existing facility in Kiryat Gat instead of building a new factory. Estimates regarding Intel’s projected investment in the project range between $5-6 billion, a hefty sum that could create a 1,000 jobs. Guy Grimland, Intel Israel’s spokesperson, and Assaf Gilad, high tech reporter for financial newspaper Calcalist, walk us through what we know and don’t know We always know raising a child in Israel is tough - now we know just how tough. A new report reveals that the support Israel provides for young parents is the lowest in the OECD. Professor Michel Stravchinsky, Economics and Public Policy Professor at Hebrew University and one of the authors of the new paper, talks to us about his findings. May Day 2014: Member of Knesset Dov Khenin tells us about his initiative to raise the minimum wage by nearly 30%. Will a minimum wage increase hurt economic growth, or benefit it? All hell breaks loose in the Israeli Postal Service: the workers are striking, the government wants to privatize and no one is getting their mail. Professor Itzhak Galnoor of the Hebrew University in Jerusalem and head of the project on privatization in the Van Leer Institute, tells us what should be done with the Israeli Postal Service. An important move to empower bond holders in cases of corporate defaults is underway: TheMarker’s Assa Sasson briefs us on this week in the Israeli capital market. Start up of the week: HopOn is an Israeli payment app that enables you to pay for public transportation through credit card. On your phone! Co-founder David Mezuman tells us about the app that is currently making waves throughout Europe Music: 1.The Jeffrey Lee Pierce Sessions Project - Constant Limbo 2.Billy Bragg - There will be a Reckoning 3.Leonard Cohen - The Future 4.The Bonzo Dog Doo-Dah Band - Look Out There's A Monster @liorpeleg
