April 2010 Archives

Israeli Society in Five Sentences or Less

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Tomorrow evening, Israel will celebrate its 62nd birthday. In honor of the occasion, we set to explore five Israeli figures of speech that encapsulate the country's character -- a unique mix of good humor, grief, paranoia, and almost nonsensical optimism. 

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By Dror Poleg on April 18, 2010 11:02 PM

Iceland's Volcanic Cloud: Europe's Black Swan?

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A specter is haunting Europe -- the specter of bankruptcy. Just when we thought that things in the old continent are as bad as it gets, it looks like they are about to get much worse. A few weeks ago, Greece practically defaulted on its debt; Several other European countries, including England, seemed to be heading in the same direction; and global investors were already losing faith in Europe's ability to recover. And now, a highly improbable event is threatening to exacerbate the situation.

An Icelandic volcano erupted on April 15, creating a black cloud that threw Europe's airline industry into chaos: Two thirds of all flights have been canceled over the past weekend, and Europe's largest airline, Lufthansa, cancelled all of its flights. The movement of people and goods in and out of the continent is severely hampered, bringing many industries to a virtual halt. The eruption is far from over, and experts are still unable to predict the end of it. The volcano's last eruption, in 1821, lasted for two years.(!)

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By Dror Poleg on April 18, 2010 6:28 AM 2 Comments
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