Bloomberg ranks Israel with third most stable economy in 2016

[DavidSling]

Following Hong Kong and South Korea, Israel ranked as 3rd most stable economy from 2016 given low unemployment rates; Israel sees record number of tourists in first quarter of 2017

Bloomberg has ranked Israel as the third most stable economy globally in 2016.

Israel follows Hong Kong and South Korea, Bloomberg citing Israel’s 4.8% unemployment rate and almost non-existent inflation as the reasons Israel’s economy is so strong globally.

Bloomberg featured a piece last month entitled “The Israeli Economy’s Got Intel Inside” where it stated that Intel’s recent acquisition of Israel’s “Mobileye” as “already shaping the country’s growth statistics, even before its record acquisition.”

Last month, Intel announced it would be purchasing Mobileye for $15 billion, the largest acquisition of an Israeli high-tech company to date. Mobileye and Intel have been working together since 2016 and Intel currently employs over 10,000 in its Israel branches. Intel will also be moving its automotive driving division to Israel sometime later this year to be managed by Mobileye’s CTO and co-founder, Amnon Shashua.

Israel has also seen a record number of tourists in 2017. From January through March of this year, there was a 24% increase in the number of tourists visiting Israel. Israel’s Tourism Ministry expects the summer of 2017 to bring in a record number of tourists, boosting Israel’s economy.

http://beholdisrael.org/news-israel/news/bloomberg-ranks-israel-third-most-stable-economy-2016

 

[Natan]

And the massive incomes from gas fields haven't even begun yet.

 

[DavidSling]

And the massive incomes from gas fields haven't even begun yet.

All the money should go into infer structure , transportation, and education

 

[Solomon2]

All the money should go into infer structure , transportation, and education

What about the housing shortage?

 

[DavidSling]

What about the housing shortage?

The housing shortage is because of two factors, Palestinians workers and greedy contractors

 

[BHarwana]

Bloom berg is over rating and is propaganda. No one want to invest in Israel it is a war zone. Any time Arabs can attack the country.

 

[DavidSling]

Bloom berg is over rating and is propaganda. No one want to invest in Israel it is a war zone. Any time Arabs can attack the country.

that's why almost every big company has a center in Israel.

 

[Chhatrapati]

Bloom berg is over rating and is propaganda. No one want to invest in Israel it is a war zone. Any time Arabs can attack the country.

Generates a GDP of $340 Billion from 8 million people. And listed as a high income country with HDI in top 20. Indeed Bloomberg is over rating.

 

[My-Analogous]

that's why almost every big company has a center in Israel.

We all know why it is and it is nothing to do based on investment but its based on religious harmony. Jews factor counts

 

[Natan]

We all know why it is and it is nothing to do based on investment but its based on religious harmony. Jews factor counts

So, this is why PA is such a shitty place. Muslims do not invest there because they have no religious harmony.

 

[My-Analogous]

So, this is why PA is such a shitty place. Muslims do not invest there because they have no religious harmony.

What is PA?

 

[Natan]

What is PA?

Palestinian Autonomy.

 

[Sully3]

So, this is why PA is such a shitty place. Muslims do not invest there because they have no religious harmony.

this is such a bad post. the place is like bombed into the stone age and you guys are expecting FDI coming in

poor from you !

 

[Ryuzaki]

Israel has TFR of 5.5+,their population will incease to 13 million by 2050 and even rival Iraq later in the century.Only good days ahead for Israel,the worst is over

 

[Solomon2]

If it is a Jew factor that helps them, is it the Muslim factor that hurts you?

An Israeli diplomat told me last year that he tells his Arab counterparts that he was grateful for their boycott of Israel: although it made things harder for a while (Israel came close to starvation after absorbing Arab states' illegal mass expulsion of their Jews after 1948) it meant that Israel had to develop an advanced agricultural and industrial base of its own, which when the state de-socialized became a foundation of Israel's later explosive economic growth. Otherwise, he thinks, Israel would have remained what it was in the 1940s: a near-subsistence agricultural economy importing much of its goods from surrounding Arab states.