Israel's 60 Years of Breakthrough Economy - Wall Street Overpowers Gaza Strip

The Jewish World, Albany, NY, May 08, 2008

The 1948-2008 series of Arab-Israeli wars, coupled with Palestinian terrorism, have been bumps on the path of unprecedented Israeli economic growth: From a $1.2 billion GDP in 1948 to a $170 billion GDP in 2007! From a labor and land-intensive import-based economy, which is vulnerable to security and political uncertainty, to an increasingly know-how intensive export-driven economy, which is less vulnerable to wars and terrorism.

 

IT'S AMERICAN INTERESTS, STUPID!

http://www.jewishpress.com/pageroute.do/31597, May 07, 2008 Recent congressional hearings about the destruction, by Israel's air force, of a Syrian-North Korean nuclear facility, has shed light on the mutually-beneficial nature of US-Israel relations. The September 2007 Israeli military operation in Syria has dealt a setback to the Syria-North Korea-Iran-Hizballah axis, while advancing US and Israeli interests. It has bolstered US posture of deterrence, has extended US' strategic arm and has provided the US with vital information to penetrate Russian air defense systems, which are also employed by Iran. It has refuted the claim that US-Israel relations have been shaped by political expediency.

Soft & Reluctant Support for Palestinian state among Israel’s Jews

Straight From The Jerusalem Cloakroom #213, April 22, 2008

1.  Support – among Israeli Jews – for the proposed Palestinian state (“Two States Solution”) is soft and reluctant, according to a March 31-April 1 poll conducted by the Tel Aviv University Center For Peace Research.

Moody’s Investors Service upgrades Israel’s credit rating

Straight From The Jerusalem Boardroom #125, April 18, 2008

1.  Moody’s Investors Service has upgraded Israel’s credit rating from A2 to A1, the highest since 1948, reflecting the growing confidence in the long-term viability of Israel’s economy, and its capability to withstand global and regional economic, political and security uncertainties. Moody’s follows in the footsteps of Fitch and Standard & Poor, who have upgraded Israel’s credit rating to A+ (equal to A1) earlier in 2008 (Ynet, April 17, 2008).

Astute global companies invest in Israel

Straight From The Jerusalem Boardroom #124, April 01, 2008

1.  Why are astute global companies investing in Israel? Intel-Israel reports an all time high 2007 export - $1.54BN, an 18% increase compared with 2006 (Globes, Feb. 27, 2008). Intel-Israel developed Core2Duo enabled Intel to survive the AMD competition (The Marker, Feb. 27).

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