Boycott Israel

Good News: Bank of Israel Says Israelā€™s Economy Growing ā€˜Even Fasterā€™ Than Expected

The inflation environment in Israel has in fact increased, but it is markedly lower than in the rest of the world and is within the target range, he said.

Amir-Yaron.jpg


Israelā€™s economy is growing at an even faster pace that was expected, Bank of Israel Governor Professor Amir Yaron said in remarks published Thursday on the Bankā€™s website.

The inflation environment in Israel has in fact increased, but it is markedly lower than in the rest of the world and is within the target range, he said.

Businesses are reporting a better situation, and exports and imports remain at very high levels. In recent months, even the ā€œproximity industriesā€, the industries that were hardest hit by the crisis, posted growth in credit card purchases by the public, he said.

ā€œIsraelā€™s economy is growing at an even faster pace than had been estimated until recently. We see this as well in the upward revisions of data on activity and of the forecasts, as well as in the notable revision by the Central Bureau of Statistics in historical growth data, which indicates a higher growth potential for the economy.

ā€œThis is a significant development at the macro level, and it can be asked if we can succeed in persisting over time at these growth levels that are close to 4 percent per year. The potential growth rate will be affected by various developments such as the continued development of high tech, the improvement of human capital and productivity, and the integration of population groups into the labor market.ā€

In an updated macroeconomic forecast also published Thursday, the Bank of Israel Research Department said GDP will grow by 7 percent in 2021, a higher rate than in the previous forecast.

In 2022, GDP is expected to grow by 5.5 percent, the Bank said. ā€œThe inflation rate is also expected to continue to increase this year, but to remain within the target range and total 2.5 percent at the end of 2021. It is expected to further decline to 1.6 percent at the end of 2022,ā€ Yaron commented.

 

Good News: Bank of Israel Says Israelā€™s Economy Growing ā€˜Even Fasterā€™ Than Expected

The inflation environment in Israel has in fact increased, but it is markedly lower than in the rest of the world and is within the target range, he said.

Amir-Yaron.jpg


Israelā€™s economy is growing at an even faster pace that was expected, Bank of Israel Governor Professor Amir Yaron said in remarks published Thursday on the Bankā€™s website.

The inflation environment in Israel has in fact increased, but it is markedly lower than in the rest of the world and is within the target range, he said.

Businesses are reporting a better situation, and exports and imports remain at very high levels. In recent months, even the ā€œproximity industriesā€, the industries that were hardest hit by the crisis, posted growth in credit card purchases by the public, he said.

ā€œIsraelā€™s economy is growing at an even faster pace than had been estimated until recently. We see this as well in the upward revisions of data on activity and of the forecasts, as well as in the notable revision by the Central Bureau of Statistics in historical growth data, which indicates a higher growth potential for the economy.

ā€œThis is a significant development at the macro level, and it can be asked if we can succeed in persisting over time at these growth levels that are close to 4 percent per year. The potential growth rate will be affected by various developments such as the continued development of high tech, the improvement of human capital and productivity, and the integration of population groups into the labor market.ā€

In an updated macroeconomic forecast also published Thursday, the Bank of Israel Research Department said GDP will grow by 7 percent in 2021, a higher rate than in the previous forecast.

In 2022, GDP is expected to grow by 5.5 percent, the Bank said. ā€œThe inflation rate is also expected to continue to increase this year, but to remain within the target range and total 2.5 percent at the end of 2021. It is expected to further decline to 1.6 percent at the end of 2022,ā€ Yaron commented.

Israel is a castle built on sand.
 
( In order to understand all Tinmore is posting from the Irish Facebook page against Israel, one needs to understand the history of Jewish hatred in Ireland.
Context is always important )


The essence of this Irish passion for the EU is that Ireland doesnā€™t understand what it means to be an independent nation. Like so many cultures with a shaky sense of what they are, with an outsize chip on their shoulder and infantilized by being almost entirely dependent on others to survive (their ā€œPalestinianā€ friends fall into that category too) the Irish hate Israel, the paradigm nation state of a people with an unequivocal sense of itself.

So, of course, Ireland bought wholesale into the whole farrago of lies and distortions that make up western left-wing globalist discourse about Israel, which is shared by the EU itself.

But thereā€™s more to Irelandā€™s malevolence against Israel than this.

Over the years, Fianna FĆ”il governments have always been hostile to Israel. Currently, Fianna FĆ”il is jostling with its rival Sinn FĆ©in ā€“ which heavily supported Frances Blackā€™s election to the Irish Senate in 2016 ā€“ to maintain its political position.

Sinn FĆ©inā€™s former military wing, the Provisional IRA, was responsible for the bloody campaigns against the UK in support of a united Ireland.

In the 1970s, Sinn Fein publicly supported the Palestinian cause. The IRA and the PLO became extremely close, training together and sharing terrorist strategies and tactics. The IRA received substantial funding and military aid from Libyaā€™s Colonel Gaddafi, and also collaborated with Hamas and Hezbollah.

In 1980, the minister for Foreign Affairs, Fianna FĆ”ilā€™s Brian Lenihan, claimed the PLO was no longer a terrorist organization and described Yasser Arafat as a ā€œmoderate.ā€ In 2006, Sinn Fein MP Aengus Oā€™Snodaigh described Israel as ā€œwithout doubt one of the most abhorrent and despicable regimes on the planet.ā€

During the Second World War, Ireland was neutral. Upon learning of Hitlerā€™s death, its Taoiseach or prime minister, Eamon de Valera, visited the German Embassy in Dublin to express his condolences.

Some IRA members, such as the high ranking Sean Russell, collaborated with the Nazis. The Fianna FƔil government denied residential visas to many Jews trying to escape Nazi Germany and to Holocaust survivors after the war.

Historically, the Catholic church in Ireland bears a heavy responsibility for this anti-Jewish hatred. Over the years, the church has pumped out stereotypical hatred of Jews as parasitical moneylenders and exploiters of working people.

In 1904, a priest, Father John Creagh, organized a two-year boycott of Jewish businesses in Limerick. The townā€™s small Jewish community fled in what became known as the Limerick pogrom.

In 1970 the townā€™s Labour mayor, Steve Coughlan, made a speech defending the Limerick pogrom, referring to Jewish money-lenders whom he termed ā€œwarble fly bloodsuckers.ā€

That provoked an outcry. But all this is the context in which the hateful Frances Black bill must be placed.

(full article online)


 
( Boycott, Boycott, Boycott, only Israel and Jews.
Know anything about China, Turkey, Syria, etc...... ? )

Asked if he thought the actions of the Israelis against the Palestinian people were behind the hatred directed towards Jews, he added: "You ask people about what they know of Chechnya, about what happens in Turkey or Syria and they know nothing about it. They don't care.

 

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