1.IAI in $400m Russian UAV deal
Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) has signed a $400 million contract to sell unmanned aerial vehicles (UAV) to Russia's open joint stock company OPK Oboronprom. Deliveries will be made over three years. The Russian authorities still have to approve the deal. Oboronprom will pay IAI a $280 million down payment, and will pay the balance as the UAVs are delivered.
COMMENT: Well, well...Russia purchasing arms from Israel. That's one for the books.
“Canada’s ties to Israel are very deep, and our friendship is important. Our government is building on these ties and looking at opportunities to expand our trade relationship. We are committed to creating new sources of jobs, growth and prosperity for both of our countries in the years ahead.”
4.Warren Buffet: Israel has a surplus of brains
Leading international businessman and philanthropist was in Israel this week to attend a major economic conference. When asked why he was bothering with the small Jewish state, Buffet explained that Israel has a surplus of human ingenuity that he just can’t ignore. "We are always interested in more investments in Israel. We will be happy to acquire a large and independent company in Israel, or some small companies - what I call mergers into the existing framework and I think we will do both,"
COMMENT: This is almost as good as the Russians buying weapons from Israel....
6.Fischer wins best bank governor of the world
award
Governor of the Bank of Israel Stanley Fischer on Sunday won the best bank governor in the world award for 2010 in Washington DC. He was chosen among all the central bank governors throughout the world.
7.For those who are willing to make an effort, great miracles and wonderful treasures are in store - Issac Bashevis Singer
H
COMMENT: Well, well...Russia purchasing arms from Israel. That's one for the books.
2.Elbit Systems in $68m US follow-on deal
The indefinite delivery/indefinite quantity (ID/IQ) contract is a follow-on to a $75 million contract from September 2005. The new display units increase situational awareness and safety by allowing pilots to fly "head out of the cockpit" during day and night operations.
3.Canada, Israel to look at expanding free trade
Two-way merchandise trade has more than doubled since implementation of Free Trade Agreement between two countries, Canadian minister says during visit to Israel
“Canada’s ties to Israel are very deep, and our friendship is important. Our government is building on these ties and looking at opportunities to expand our trade relationship. We are committed to creating new sources of jobs, growth and prosperity for both of our countries in the years ahead.”
4.Warren Buffet: Israel has a surplus of brains
Leading international businessman and philanthropist was in Israel this week to attend a major economic conference. When asked why he was bothering with the small Jewish state, Buffet explained that Israel has a surplus of human ingenuity that he just can’t ignore. "We are always interested in more investments in Israel. We will be happy to acquire a large and independent company in Israel, or some small companies - what I call mergers into the existing framework and I think we will do both,"
5.Kibbutz industries look to raise NIS 3b
As the kibbutz movement celebrates 100 years, the number of kibbutz owned companies on the TASE is set to double.
20 kibbutz companies are currently traded on the Tel Aviv Stock Exchange (TASE) today and the number of kibbutz owned companies traded on the TASE is set to double in the coming years.COMMENT: This is almost as good as the Russians buying weapons from Israel....
6.Fischer wins best bank governor of the world
award
Governor of the Bank of Israel Stanley Fischer on Sunday won the best bank governor in the world award for 2010 in Washington DC. He was chosen among all the central bank governors throughout the world.
7.For those who are willing to make an effort, great miracles and wonderful treasures are in store - Issac Bashevis Singer
H
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