All that glitters, according to European investors, at least, isn’t Gold ... stone.
On the very day the European Parliament endorsed the Goldstone report accusing Israel and Hamas of war crimes during the 2008-2009 Gaza war, European money managers were rushing to buy a nearly $2 million Israeli bond issue.
“These people are professionals and all of them were impressed with our economy,” said Zvi Chalamish, Israel’s consul and chief fiscal officer for the Ministry of Finance here.
When Rabbi Jonathan Snowbell was taking undergraduate and graduate classes at Yeshiva University, he never dreamed the State of Israel would find his YU degrees unacceptable.
The problem: the Ministry of Finance changed the criteria in 2003 of what it requires to pay Israeli teachers a higher salary for their college and graduate degrees.
"I was told my degrees are legitimate except for salary evaluation purposes," said Rabbi Snowbell, 30, a high school teacher in Jerusalem who has lived in Israel since 1998.