Israel - Follow The Money

1. Canada will Represent Israel in Venezuela

VANCOUVER - During a recent trip to the Americas, Canadian Minister of State
for Latin America Peter Kent confirmed that Canada will represent Israel's diplomatic
interests in Venezuela.

Comment: What a friend. We will remember!

2. Gazprom mulls Israeli energy co investment

Russia's Gazprom is planning to invest in Israel and acquire 50% of a private
Israeli company that holds licenses to offshore deposits, form a joint
venture, and start exploration, reports "Interfax", citing Stanizlav Tsygankov,
head of the company's foreign economic operations.

3. Delek Energy unit reports Russian oil reserves

Matra Petroleum plc (AIM: MTA(, a Russian oil exploration subsidiary of
Delek Energy Systems Ltd. (TASE: DEOL) unit reports that the Sokolovskoe
Field in the Orenburg area of the Ural Mountains has 15.1 million barrels of
contingent recoverable resources.

Comment: Yep, An Israeli oil company in Russia 

4. Israel and Russia sign miliary cooperation deal

In September Israel's Minister of Defense Ehud Barak flew to Russia and met 
with his Russian counterpart Anatoly Serdyukov. The two men signed
a military cooperation agreement. For example: advance systems for
protecting strategic installations; systems for fighting in built-up areas; and
other systems for fighting terror. In all matters related to this we have carte
blanche and there is a lot to talk about. "While in Russia, Barak also
met with prime minister Vladimir Putin to discuss the Iranian threat and
arms sales to Syria and Hezbollah.

5. 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 delievered.

COMMENT: Anybody notice a trend......?

6. Israelis 2nd in US real estate investment

Israelis are the biggest foreign investors in the United States after the
Canadians, an international report by RCA real estate assessments
suggests. According to the report, Israelis invested $441 million in US
real estate between January and July 2010. The Canadians, by
comparison, invested some $ 1.67 billion.

7. Tourist figures already surpass all of 2009

Central Bureau of Statistics figures show that 2.87 million tourists
have visited Israel in the period January- October 2010 more than
the total number of tourists who visited Israel in all of 2009.

8.Israel Forex Reserves increase to new record
in October

Israel's foreign currency reserves increased to an all time record of 70 billion USD
at the end of October. This is more than Canada (yes, correct), Argentina, Norway,
Sweden, Australia and The United Arab Emirates amongst others.

It's not whether you get knocked down, it's whether you get up -
Vince Lombardi

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