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Israel's economy copes well - for now
Bank of Israel governor Stanley Fischer's insistence that his country's economy will escape relatively unscathed from the ongoing conflict stands in sharp contrast to the enormous damage being done to Lebanon's.
"There is damage to the [Israeli] economy," Mr Fischer acknowledged.
But he predicted that the economy's growth rate was likely to slip by "less than 1%".
Growth this year should thus come in at 4.5%, weaker than last year's 5.2% growth rate and well below earlier predictions of 5.5%.
Originally posted by xpert11
There shouldnt be any surprises here.
Of course the USA is going to give financial aid to Israel.
How else would the US ensure that Israel buys US made military hardware ?
Originally posted by Beachcoma
I don't really understand this concept. How does Alice giving Bob money so that Bob can buy Alice's stuff profit her?
Originally posted by Beachcoma
Originally posted by xpert11
There shouldnt be any surprises here.
Of course the USA is going to give financial aid to Israel.
How else would the US ensure that Israel buys US made military hardware ?
I don't really understand this concept. How does Alice giving Bob money so that Bob can buy Alice's stuff profit her?
On the OP, you should also read the accompanying article:
Lebanon economy reels as attacks continue
Originally posted by xpert11
There shouldnt be any surprises here.
Of course the USA is going to give financial aid to Israel.
How else would the US ensure that Israel buys US made military hardware ?
It dosnt matter where foreign aid gose to the concept isnt about helping other countries foreign aid and in some cases private aid are just a way getting other countries to enter the market where the aid came from.
I hope that fellow members can understand my point.
[edit on 6-8-2006 by xpert11]
Originally posted by wang
Whats wrong with America giving Israel financial aid? Their are countries around the world who are starving and cant provide any healthcare, shelter, or education for its citizens, yet one third of America's foriegn aid budget goes to Israel. Here is the stats. U.S. aid to Israel
Where do you think all that money goes? Into stregthening their economy? Or buying new fighter jets?
Foreign aid, international aid or development assistance is when one country helps another country through some form of donation. Usually this refers to helping out a country that has a special need caused by poverty, underdevelopment, natural disasters, armed conflicts, etc.
Originally posted by Rockpuck
Wang, I would rather America screw the world, cut everyone off, overthrow the government and instate one that cares soley for her own people, disregarding the rest of the war. I would prefer Isolation, and since I cannot have that, since I always have to hear on the news some other countries crap, I support Israel over a bunch of war infested tribal #$^! holes. If Israel can have a better life through then so be it, her people deserve it from their dark past. Israel spends so much on her military because of events like the 6day war, where if they did not have that military they would have been pushed into the sea. Why should I care about starving people all over the world, you are right, I care more for the starving brothren of my homeland, I care more about our way of life then some broken politicaly incapable state off in asia somwhere, and if that means war to protect that way of life since our government refuses to allow other technologies to replace oil, then so be it.
Ok I am ranting now. I am done for now.
Originally posted by XphilesPhan
No I do not care if those people who believe this way die.
...
They want to get to allah....we can help them get there really fast.
[edit on 6-8-2006 by XphilesPhan]
Originally posted by XphilesPhan
Wang, why should we care about their way of life when they are didicated to destorying ours? 9/11. the cole bombing, it was all a way of saying "F--- you america DIE!"
No I do not care if those people who believe this way die. Even better that Israel does it for us for some $$$.
Cold hearted? you betcha.....but what was 9/11 when 5,000 of my countrymen died because of no other reason than these people's hate?
Many on ATS realise that if they sway the american people by convincing them it was an "inside" job the war will stop and they will get their way. Your forgetting one thing..... there were SEVERAL other incidents commited by the same group of people BEFORE 9/11....were all those inside jobs too?
They want to get to allah....we can help them get there really fast.
[edit on 6-8-2006 by XphilesPhan]
Originally posted by RockpunkWang it would do you some good not to assume you personally know me, or for that matter know where I have been to make ignorant comments about me never leaving America, also if my country goes to war so as to stay on top of the world arena, damn straight I support it, it is what empires do to sustain their power. Any one with a problem with that can fall in line with the other countries we have handled.
Wang, I would rather America screw the world, cut everyone off, overthrow the government and instate one that cares soley for her own people, disregarding the rest of the war. I would prefer Isolation
I get my news online, from independant moderate sources, and some from ATS.
Also, don't try and say I am some evil war mongering person because I don't care about every single person on this over populated planet, Chinese mean nothing to me as much as a kazahkistanian or any other country, please explain to me why I as an America SHOULD care about them? ... because they are human? There are plenty of humans here to care for, why give a rats #%!# about more from people, like in Lebanon, who put them selves in the situation.
Lebanon didn't have the balls to remove a threat that in case of an attack from them to Israel would spark war on themselves, I cannot condemn Israel for hitting them. May they learn a lesson, radical Islam does not make for good political parties when dealing with western neighbors.
Of course you object Wang, but as argueing with you makes me go more right, you more left, lets agree to disagree - I don't want to hear it anymore.