Israel's Economic Growth Accelerates

(Bloomberg) Gwen Ackerman - Israeli economic growth unexpectedly accelerated to an annualized 4.7% in the second quarter, its fastest pace in more than two years. The Israeli economy's rebound from the global financial crisis has been powered by exports, with sales abroad (excluding ships, aircraft and polished diamonds) increasing in July to $3.8 billion.


2010-08-18 09:07:20

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