Replies to post #76905 on Billionaire Boys Club Member Forum (BBCMF)

[midastouch017]

Hi Mick,

Here is another example,

Israelis invest record sums o’seas

Israelis invested over $10 billion overseas in January-September 2005.

Zeev Klein 20 Oct 05 14:10

Israelis invested over $10 billion overseas in January-September 2005, more than the $9.4 billion that they invested in all of 2004, the Bank of Israel reported. The 2005 rate amounts to an annualized $13.3 billion, an all-time record, and 40% more than Israelis invested in 2004.
Direct overseas investments by Israelis, including income-producing real estate, totaled $1.22 billion in January-September, an annualized $1.6 billion, 62% than total direct investments in 2004.

Investments in overseas marketable securities in January-September amounted to $4.17 billion, triple the amount invested in this instrument in all 2004. The amount invested this year is equivalent to an annualized $5.56 billion, an all-time record.

Israelis also increased their overseas deposits by $1.81 billion in January-September, after depositing a record $4.8 billion in 2004.

Israelis use overseas foreign currency deposits to finance current business activity, and for direct and financial investments overseas.

Published by Globes [online] - www.globes.co.il - on October 20, 2005

Regards
Dubi

[midastouch017]

Re: Israel,

A comprehensive review

“The bubble won’t be back”

The market's sane again, says Motorola's Elisha Yanay, who's set a $30 billion 5-year output target.

Hadas Manor 23 Oct 05 11:11

Motorola Israel general manager Elisha Yanay, who also serves as chairman of the Israel Association of Electronics and Information Industries, does not think that the bubble will return. He also thinks that Israeli high-tech will achieve 15% growth a year, and will double its activity within five years.
“The high-tech industry doesn’t disappoint,” said Yanay. “In 2005 it is returning to what it was in 2000, in other words, over $15.5 billion in output, including $13.5 billion in exports, and with an impressive growth rate of 15% and more. We can say with certainty that the potential exists, which is why we’ve set a target of $30 billion in output within five years. Israel’s domestic market, which is small, will continue to account for only $2-3 billion, so growth will come from exports.”

(#msg-8212593)

Regards,

Dubi