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Panic Stock Sales in Tel Aviv; Gov't Aids Unemployed
Reported: 07:20 AM - Nov/14/08
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(IsraelNN.com) Panic selling hit Tel Aviv stocks and bonds Thursday, driving indices to five-year lows at the close of trading Thursday.
Announcements of layoffs, from high tech to private security agencies, prompted Minister of Welfare Yitzchak Herzog (Labor) Thursday to announce an easing of standards for receiving unemployment benefits.
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