Lehman Brothers

Global trade has contracted to the lowest levels seen since the 2008 financial crisis, according to a report released Aug. 26 by the World Trade Monitor.

Trade momentum was minus 0.5 percent in June, and minus 1.6 percent in May. Import momentum was negative or zero in all major regions.

By Costas Iordanidis

On September 11, 2001, the US was the target of an unprecedented terrorist attack. But the country quickly regained its composure. The Americans reacted in the way they felt was the most appropriate, as a unified country ready to defend its vital interests.

German Chancellor Angela Merkel said on Monday there was not much time left for a debt deal to keep Greece in the euro zone and that Europe was prepared to show solidarity if Athens implemented economic reforms.

Finance Minister Yanis Varoufakis has signed on a number of specialized economists to help come up with ways to take Greece out of its quandary.

Daniel Munevar Sastre

Elan Zivotofsky is a General Partner and Head of the Investment Team at Ourcrowd, a leading global equity crowdfunding platform. Elan has over 15 years of extensive, on-the-ground experience, focused on researching, raising capital for, and investing in Israeli companies. Elan has deep knowledge of the Israeli investment landscape, startup scene and the overall Israeli capital markets.