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Israel at 65 – Defiance of the Jagged Cutting Edge of Nature

Sixty five years of Arab terrorism and conventional warfare, fueled by  global pressure on Israel, have been bumps on the road of the unprecedented Israeli surge, economically, technologically, medically and militarily to the benefit of the Jewish State and the Free World.

At 65, Israel demonstrates that principle-driven, highly motivated and defiant societies are capable of transforming tough times into challenges and opportunities, while surging to new heights.  

At 65, Israel proves, once again, that pressuring the Jewish olive yields superb oil.

At 65, Israel’s 6.3 million Jews include over three million Olim, who have constituted Israel’s most effective growth engine.  The relative strength of Israel’s economy, the rise of global anti-Semitism, the gradual Islamification of Europe and the expansion of Jewish/Zionist education in major Jewish communities produce a potential wave of Aliya: 500,000 Olim during the next ten years from the former USSR, Germany, France, England, Latin America, USA, Canada and Australia. The Aliya waves of the 1930s, 1950s, 1970s and 1990s facilitated the establishment of the Jewish State and its defiance of severe military and economic challenges. The next Aliya wave – which awaits vision-driven pro-active leadership – will produce the critical strategic mass, which will overwhelm adversity and secure the long-term growth of the Jewish State.

At 65, Israel is – in contrast to the tumultuous Arab Street – the only stable, predictable, reliable, capable, democratic and unconditional ally of the US regionally and globally. In 1969 and 1978, the Qadhaffi and Khomeini revolutions transformed Libya and Iran from pro – to anti – US regimes.  In 2003, the rise of Erdogan changed Turkey from a US – to an Islamic – orientation. In 2012, the replacement of Mubarak by the Muslim Brotherhood terminated Egypt’s role as a US ally. A regime-change in Jordan, Saudi Arabia and other Gulf States would trigger a similar anti-US shift.  On the other hand, Israel’s right, left, hawks and doves are inherently allies of the US.   

At 65, Israel’s economy defies global economic meltdown and is praised by the International Monetary Fund, the three leading rating companies, major banks, astute investors, successful venture capital funds and high tech giants.  Israel leads the world in research and development and features impressive economic indicators. For example, a 14.7% growth of gross domestic product (GDP) during the 2009-2012 global economic crisis was the highest among OECD countries.  Israel’s 2012 GDP of $250BN has multiplied 120 times since 1948. Israel’s 2012 budget deficit and unemployment were 4.2% and 6.9% respectively, lower than the OECD average. 

At 65, Israel’s robust demography – which leads the Free World with three births per Jewish woman – provides a tailwind for Israel’s economy.

At 65, Israel is increasingly a unique contributor to vital US economic and national security interests. Israel is the hub of research and development centers for Intel, Motorola, Microsoft, HP, IBM and other US high tech giants. Cutting edge Israeli-developed technologies are converted into US lines of production, expanding the US employment, export and research and development base.  Israel’s Defense Forces employ hundreds of US military systems, sharing with the US defense industry unique upgrades and modifications, enhancing its competitiveness in the global marketplace. Israel – the largest US aircraft carrier without a single American on board – provides the US with more intelligence than all NATO countries combined.

At 65, Israel is grateful to the USA, the senior partner in the increasingly mutually-beneficial, two-way-street, win-win US-Israel alliance.

 

 

 

 

 

 




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The post-1967 turning point of US-Israel cooperation

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Israel’s Covid-19 Economic Trends

Straight from the Jerusalem Boardroom #248
https://bit.ly/3u29k9g

Foreign investment in Israel’s high-tech companies surged to new heights in the 1st quarter of 2021 – $5.7bn in 172 deals – which is up 89% over the impressive 4th quarter of 2020 and double the volume of the 1st quarter of 2020.

2020 was the first year of surpassing $10bn in capital raised by the Israeli high-tech sector from investors in the US, Asia and Europe, who trust the maturity of Israel’s brain power. Investments in Israeli companies more than tripled in six years, reflecting the effective response by Israeli startups to the technological, medical, pharmaceutical, educational, social and digital challenges posed by Covid-19.

Israel’s economic performance in defiance of Covid-19 is presented by Dr. Adam Reuter, the Chairman and Founder of “Financial Immunities,” Israel’s largest financial-risk management firm, and the co-author of Israel – Island of Success:

  1. Israel has led the globe in the rapid administration of Covid-19 vaccinations due to effective negotiations with Pfizer and an efficient, country-wide medical infrastructure.
  2. Israel is the second lowest among OECD countries in the number of Covid-19 deaths per number of Covid-19 cases: 0.7% compared to the 2.3% OECD average. Israel features a young population (median age of 30 compared to the OECD’s 42) and an effective country-wide medical infrastructure, including top level HMOs and hospitals.
  3. Israel is ranked 12th from the bottom among the 37 OECD countries in the number of deaths per million inhabitants: 645 compared to 1,145 OECD average.
  4. The International Monetary Fund’s 2025 GDP growth forecast for OECD countries: Israel – 4%, OECD average – 2.2%, US – 1.8%, Australia – 2.5%, Ireland – 2.6%, France and Canada – 1.7%, the UK – 1.6%, Germany – 1.2%, etc.
  5. Israel’s 2020 GDP was reduced by 2.5%, compared to the OECD average reduction of 4.1%, South Korea – 1%, Norway – 0.8%, Australia – 2.6%, US – 3.5%, Japan – 4.8%, Germany – 5%, France – 8%, the UK – 10% reduction, etc. GDP growth was recorded in New Zealand – 2.4% and Ireland – 3.5%.
  6. In 2020, Israel was ranked 20th among the 37 members of the OECD in terms of GDP per capita, featuring $43,000 (GDP – $408bn), ahead of Japan, Italy and Spain, and very close behind the UK ($44,000) and France ($45,000).
  7. Israel’s debt-to-GDP ratio increased from 60% in 2019 to 72% in 2020, compared to the OECD’s average increase from 66% to 82%. The 2020’s debt-to-GDP ratio was 266% in Japan, Italy – 161%, the US – 131%, Germany – 73%, etc.
  8. Israel’s foreign exchange reserves-to-GDP ratio of 41% (3rd among the OECD countries) attests to its financial stability, and Israel’s capability to raise foreign credit promptly in a cost-effective manner. Israel’s foreign exchange reserves in March 2021 – $186bn.
  9. During the past decade, Standard and Poor (S&P) accorded Israel a positive credit rating trend, unlike the negative trend for the G-7 countries. In 2020, notwithstanding Covid-19, Israel’s credit rating (S&P) remained at AA.
  10. Some 380 global high-tech giants operate in Israel, including Microsoft, Amazon, IBM, Intel, Cisco, Apple, Verizon, Applied Materials, Dell, HP, Kodak, Oracle, Philips, SAP, Medtronics, GM, eBay, GE, etc. Israel leads the world in the ratio of research and development investment to GDP: 4.9%. 85% of this investment comes from the business sector.

 




Videos

The post-1967 turning point of US-Israel cooperation

Israeli benefits to the US taxpayer exceed US foreign aid to Israel

Iran - A Clear And Present Danger To The USA

Exposing the myth of the Arab demographic time bomb