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Reported

News Brief

  3/14/2011, Adar Bet 8, 5771

Japan Tsunami to Hurt Israeli Exports


Israeli companies which export to Japan could suffer some setbacks following the tsunami that hit Japan on Friday. The setback will likely affect large companies such as Iscar, Teva, optics company Orbotech, Comverse, and Dead Sea Works.

Economists speculated on Sunday that the earthquake and tsunami will cause a change in priorities for the Japanese, which would lead to dedicating 2011 to restoring the Japanese economy.