Facebook Feed

3 weeks ago

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

3 weeks ago

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

3 weeks ago

Yoram Ettinger
US-sponsored anti-Israel UN Security Council statement - acumen: bit.ly/3lVqpCM ... See MoreSee Less
View on Facebook

Israel Isolated? Israel Embraced by the Investment Community!

Walking the (pro-Israel) walk supersedes talking the (anti-Israel) talk. The following data provides some background to Standard & Poor’s decision to upgrade Israel’s credit rating to A+:

1.  ChemChina acquired Israel’s Agan Machteshim Chemicals for $2.4BN – $1.1BN in cash and $1.27BN in a non recourse loan (Globes, Oct. 18, 2011). Israel Electric Company will establish a $1.3BN solar energy plant in China, 25% owned by a Chinese partner (Globes, Oct. 10). The London-based Permira Private Equity negotiates the acquisition of 55% of Israel’s Netafim for $450MN (Globes, September 22).  The Chicago-based GTCR Private Equity acquired Israel’s FundTech for $388MN (Globes, Sept. 19). Intel acquired Israel’s TeleMap for $300MN (Globes, October 2).  The Arris Group acquired Israel’s BigBand for $172MN in cash (Globes, October 12). Tyco International acquired Israel’s ViSonic for $99.5MN (Globes, Sept. 16).  E-Bay acquired Israel’s The Gifts project for $25MN, its 4th Israel acquisition since 2005 (Globes, Sept. 12). The E-storage giant, EMC, acquired Israel’s ZettaPoint for $10MN, its 5th Israeli acquisition since 2006 (Globes, Oct. 2).  Twitter acquired Israel’s Julpan (Globes, September 23).

2.  The Hong Kong-based Li Ka Shing’s Horizons Ventures, the Malaysia-based Joshua Lim’s Jfund and the Menlo Park-based Kleiner Perkins Caufied & Byers invested $30MN in Israel’s Waze (Globes, Oct. 19).  The Menlo Park-based Menlo Ventures, Eric Schmidt (Google’s CEO), Michael Arrington (founder of the Silicon Valley’s TechCrunch) and Troy Carter (founder of Coalition Media Group) invested $15MN in Israel’s Shaker (Globes, Oct. 11). The Menlo Park-based Sequoia Partners and India’s Northwest Venture Partners invested $11MN in Israel’s Ravello (Globes, Sept. 27). The NYC-based OrbiMed, the Boston-based Oxford Bioscience Partners and the Mansfield, MA-based Covidien Ventures invested $11MN in Israel’s SuperDimension (Globes, Sept. 14).  The Menlo Park-based Khosla Ventures, Eric Schmidt’s Innovation Endeavors, the Menlo Park-based Bessemer Venture Partners, the NYC-based IA Ventures and the San Francisco-based Founders Fund invested $10MN in Israel’s BillGuard (Globes, Oct. 19).  Harbin (China) municipality and Israel-China Infinity Fund invest $10MN in ten Israeli start ups (Globes, Oct. 11). US VC funds invested $8MN in Israel’s Motus GI (Globes, Oct. 6). The Boston-based Battery Ventures and the Holland-based Gimv NV co-led a $10MN 2nd round of private placement in Israel’s ActivePath (Globes, Sept. 20). The Menlo Park-based Sequoia Partners led a $9MN investment in Israel’s Mintigo (Globes, Sept. 20). The $1.7BN Italy’s Sorin invested $7MN in Israel’s EnoPace (Globes, Oct. 18). Hong Kong’s Li Ka Shing invested $5.5MN in Israel’s Magisto (Sept. 21).  Microsoft invests $1.5MN in a joint E-Commerce 5 years project with Israel’s Technion, Israel’s Institute of Technology (Globes, Oct. 10).

3.  Notwithstanding the anti-Israel policy of Turkey’s ruling Islamist party, the Israel-Turkey trade balance during the first half of 2011 reached $2.35BN (Israeli export – $1.1BN, Turkey export – $1.25BN), compared with $3.1BN during the entire 2010 (Sept. 5).  The scope of Israel-Singapore trade balance was $1BN, trending upward (Globes, Aug. 31).

 




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