Tel Aviv Stock Exchange

Israeli Economic Engine Now Seen Humming Along

Economy on strong footing as recovery gains steam.

02/03/2010
Staff Writer

Tel Aviv — A year ago if you were a star lawyer looking for a position with an Israeli firm, chances are it would have been a waste of time. As the U.S. economy swayed in financial crisis, companies stopped hiring.

But over the last few months that’s changed.

Bank of Israel Governor Stanley Fischer, left, and Doninique Strauss-Kahn, managing director of the IMF

Not The Tzedakah Side Of Your Balance Sheet

07/30/2008
Staff Writer
What a difference a decade makes.   In 1998, when Philadelphia attorney Clifford Goldstein wanted to cash in on the staggering increase in Israeli technology stocks, he was disappointed to discover that no index-based mutual funds of Israeli companies existed. “Wall Street is slow,” Goldstein says, noting that top brokerage firms he approached “told me they didn’t want to invest in kibbutzniks growing oranges.”  

Buying Israel

12/20/2002
Staff Writer
Israel needs your money but save the tzedaka, says the board chairman of a new Israeli mutual fund that will invest exclusively in Israeli companies. "Israel does not need charity, only investments," said Shlomo Eplboim of the Blue and White Fund (the colors of the Israeli flag), set to debut Dec. 31.
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