Ynet
This site is a terrific news site for Israel, they offer an English version and a Hebrew version. http://www.ynetnews.com/ and http://www.ynet.co.il/
Its great practice to read the Hebrew version, and then flip over to the English when you don’t understand something. The company has a great product too called the Megaphone run by Collactive at this address: http://my.ynet.co.il/collative/
The idea behind the Megaphone is that you get desktop delivery of hot news, and a way to proactively respond to legislators, etc. about the news. Its a really powerful community tool.