Archive for May, 2010

May 12 2010

Happy to join the club

It is not every day that some of Israel’s harshest critics raise their hands in favour of the Jewish State. So on Monday when Norway, Ireland, Turkey and the 28 other members of the Organisation for Economic Cooperation and Development (OECD) officially accepted Israel as a fully fledged member, Israelis felt that they might be doing something right after all.

Israeli Finance Minister Yuval Steinitz

Finance Minister Yuval Steinitz

The OECD has hailed “Israel’s scientific and technological policies” that have produced “outstanding outcomes on a world scale”. Despite huge waves of immigrants from underdeveloped countries in the past six decades and even though a constant security threat has drained a large portion of the annual budget, Israel apparently boasts a much healthier economy than many of its new colleagues.


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