Wall Street is more important than Gaza Strip

Straight from the Jerusalem Boardroom #132, January 16, 2009 Wall Street Is More Important Than Gaza Strip. The Tel Aviv Stock Exchange is higher today than it was upon the launching of the Gaza War. It is substantially higher than the ebb of November.  Once again, Israel's economy is impacted by economic fundamentals (budget deficit, interest and inflation rates, debt to GDP ratio, trade balance, overseas investments, etc.) and by Wall Street much more than by Palestinian terrorism and other "bumps" on the path to economic growth, such as the 1948/9 War of Independence, 1956 Sinai War, 1967 Six Days War, 1969/70 War of Attrition, 1973 Yom Kippur War, 1982 War in Lebanon, 1990/1991 First Gulf War, 1993-2009 Palestinian terrorism. In each such case ("bump"), a very short-term decline was succeeded by an impressive economic growth.

Gaza War - slim impact on Tel Aviv Stock Exchange

From the Jerusalem Boardroom #131, December 30, 2008

Just like the 2001 crash of NASDAQ, the current global economic meltdown underlines the survival of the fittest, highlighting the competitive edge of Israel's high tech industries:

Quo Vadis Obama?

"Makor Rishon" weekly, December 26, 2008 The ties with the US constitute Israel's backbone militarily, diplomatically, financially, commercially and technologically.  These ties are not shaped exclusively by the President, even when the President's own party enjoys overwhelming majorities in both chambers of Congress. Much is shaped by the House and the Senate, sometimes in defiance of the White House. Moreover, Israel is not a classic-foreign-policy-issue.  Israel benefits from a unique foundation of mutual-values, which precedes its own establishment in 1948 and even 1776. US-Israel relations have constituted a win-win two-way street. How will they be impacted by the incoming Obama Administration?

President Obama Not Entering a Rose Garden

http://www.ynetnews.com/articles/0,7340,L-3619084,00.html, November 05, 2008

President Roosevelt faced the Great Depression during his first term and Second World War during his third term.  President Obama will face simultaneously - upon entering the White House – the most severe economic recession since Roosevelt and the wars in Iraq and Afghanistan, as well as World War Three against Islamic terrorism and a series of additional severe challenges/threats domestically and internationally.

Israel's Fiscal Responsibility

Straight From the Jerusalem Boardroom #130, November 02, 2008

1.  So far – in spite of its reliance on export and overseas investments - Israel has remained a relative island in a global economic meltdown, due to its fiscally-responsible policies:

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