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.


2008-11-11 01:00:00

Full Article

BACK

Visit the Daily Alert Archive