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Thursday, February 7, 2008

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. ...

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