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Politics : War

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To: GUSTAVE JAEGER who wrote (19552)3/13/2003 4:31:57 PM
From: Elmer Flugum  Read Replies (1) of 23908
 
Is it a coincidence that Natan-Yehudi is the new Finance minister? Who is better qualified to shake America's financial machinery for more American tax dollars?

European/American in appearance, well spoken in American English, educated in America and familiar with the terrain here.

WASHINGTON, March 13 (Reuters) "The International Monetary Fund on Thursday urged Israel to cut its fiscal deficit, boost growth and slash interest rates to help a recessionary economy battered by a two-year conflict.

In its annual review of the country's economy, the Washington-based lender said that the intifada, which started in September of 2000, had put pressure on the whole economy, eroding investor and consumer confidence.
Israel's economy dipped into recession aftr the beginning of the conflict. The IMF said it contracted by 1.0 percent last year, after falling 0.9 percent in 2001."

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