Facebook Feed

5 days ago

Yoram Ettinger
2023 Jewish demographic momentum in Israel: bit.ly/40qV0aV ... See MoreSee Less
View on Facebook

4 weeks ago

Yoram Ettinger
Purim Guide for the Perplexed 2023: bit.ly/3ZdlxHY ... See MoreSee Less
View on Facebook

4 weeks ago

Yoram Ettinger
אתגר מרכזי לביטחון לאומי: bit.ly/3xkSwh1 ... See MoreSee Less
View on Facebook

Israel – Island of Success

1. According to “Israel – Island of Success,” by Dr. Adam Reuter and Noga Kainan (shortly on Amazon), the Israeli economy has surged beyond expectations:
*From a  $35BN GDP in 1987 to $358BN in 2017 (923% growth);
*From an  $8,000 GDP per-capita to $41,000 (413% growth), despite the dramatic expansion of Israel’s population from 4.4MN to 8.75MN;
*From a $4BN foreign exchange reserve to $112BN (2,700 growth);
*From a 10% export of GDP to 96% of GDP (860% growth);
*From a 155% government debt-GDP ratio to 62%;
*From a 17% defense-GDP ratio to 4.5%;
*From a 16% annual inflation to 0.3%;
*From a 3% use of desalinated water to 50% of demand;
*From a 75-year-old life expectancy to 82.
Unemployment has been reduced to (a practically full-employment) 4.1%.
2. According to the leading multinational auditing firm, PricewaterhouseCoopers, the scope of Israeli exits during 2017 was $7.44BN, excluding Mobileye’s $15.3BN and Neuroderm’s $1.1BN, acquired by Intel and Mitsubishi respectively. While it is 110% above 2016, the annual 2012-2015 exits were higher than 2017.
Eleven Israeli hightech companies benefitted from IPOs (Initial Public Offering) in Israel, the USA, Sweden, Britain and Australia, raising$414MN (e.g., ForeScout – $116MN on NASDAQ), compared to two IPOs and $44MN in 2016 and eight IPOs and $3.5BN in 2015 (Globes, Business Daily, December 28, 2017).
3. According to CitiBank, the state of the Israeli economy (and especially the balance-of-payment surplus, has strengthened Israel’s Shekel compared to the dollars of the US, Singapore and Taiwan (Globes, December 25).
4. The robust state of Israel’s economy – relatively to the rest of the advanced economies – has impacted the state of emigration from Israel. The net-number of Israeli emigrants – staying abroad for over a year – was 14,400 in 1990, declining to 11,800 in 2007 (the global economic meltdown), and then to 8,200 in 2015 (up from 6,800 in 2014).  Thus, the scope of net-emigration from Israel has been cut by almost 50% since 1990, although Israel’s population has almost doubled during the same period.
5. China’s $480BN Alibaba, the electronic trade giant, established its first research & development center in Israel, acquiring the Israeli startup, Visualead, for $40MN. Six more research & development centers will be established in the US (2), China (2), Russia and Singapore (Globes, Nov. 30).
6. Charles and David Koch (Industries) participate in a $75MN-$150MN round of private investment in Israel’s (ultrasound technology) Insightec (Globes, December 15).
7. Japan’s SoftBank led a $120MN round of private placement by Israel’s Lemonade Insurance (artificial intelligence). Additional investors included Menlo Park’s Sequoia Capital, Cambridge’s General Catalyst and Mountain View’s Google Ventures (Globes, December 20).
8. $100MN invested in Israel’s Sirin Labs, which plans to launch the Blockchain (bitcoin)-based smartphone, Finney.
9. The innovation and technology department of the Czech car manufacturer, Skoda(a division within the Volkswagen Group), concluded an agreement with Israel’s Champion, aimed at identifying Israeli groundbreaking autonomous car technologies (Globes, December 18). 




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

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