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November 11, 2008       Share:    

Source: http://www.haaretz.com/hasen/spages/1035974.html

Merrill Lynch: Israel Less Vulnerable to Economic Crisis than U.S. and Europe

[Ha'aretz] Rotem Sella - Israel's economy is less susceptible to risk than many more developed countries such as the U.S., Canada and the Euro Bloc, according to a Merrill Lynch report on the financial and economic vulnerability of 44 nations. Australia is considered the most vulnerable, due to a huge influx of foreign capital over the past five years, while Israel is only the 24th most vulnerable. Switzerland is number two, with the U.S. in 10th place.

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