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Fischer: Israel One of World’s Safest Places for Investors
Reported: 06:42 AM - Jul/19/09
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(IsraelNN.com) Israel remained relatively free from severe damage in the worldwide financial crisis and stands to be one of the world’s safest places for investors, Bank of Israel Governor Stanley Fischer told Fox News.
He took partial credit for Israel’s economic stability, noting that his massive purchase of dollars in the past year along with the government’s spending limitations helped avert a serious crisis. The economy is in a recession and thousands of people are out of work, but recovery appears to be around the corner.
He took partial credit for Israel’s economic stability, noting that his massive purchase of dollars in the past year along with the government’s spending limitations helped avert a serious crisis. The economy is in a recession and thousands of people are out of work, but recovery appears to be around the corner.
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