U.S. dollar slump hurts Israeli economy, too.

U.S. dollar slump hurts Israeli economy, too.

I’d seen an article on the head of the Histadrut threatening a strike if someting wasn’t done about the challenge posed to the Israeli economy – and the situation of Israeli workers – by the falling value of the U.S. dollar. A close friend couldn’t see the connection. And so, for him – and you …

— Arieh

Olmert: Gov’t won’t intervene to ease dollar slump
Jerusalem Post, Israel – Jan 17, 2008
… alternative markets that are not linked to the dollar and diversify to minimize their exposure.” Prime Minister Ehud Olmert, speaking at the conference, …

Histadrut chair warns of strike if gov’t does not boost dollar
Ha’aretz, Israel – Feb 3, 2008
By Ora Koren, TheMarker Histadrut Chairman Ofer Eini threatened Sunday to call a general strike for one day if the government did not intervene in regards …

As dollar weakens, manufacturers warn of ‘economic disaster’
Jerusalem Post, Israel – Feb 6, 2008
Histadrut chairman Ofer Eini said the crisis could “lead to the sacking of tens of thousands of workers this year.” “This is a problem for us no less than …
Olmert to meet economic leaders on foreign exchange
Globes, Israel – 22 hours ago
Prime Minister Ehud Olmert will convene tomorrow a special meeting to discuss the collapsing dollar, following the fall in the shekel-dollar exchange rate …

Olmert to hold emergency meeting on dollar rates
Ynetnews, Israel – 1 hour ago
Prime Minister Ehud Olmert is expected to hold an emergency meeting concerning the recent fluctuations the dollar rates, Yedioth Ahronoth reported Thursday. …

By | 2008-02-07T11:50:00-05:00 February 7th, 2008|Blog|0 Comments

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