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Israeli exports on downward spiral at fastest rate

Export Institute chief says export business are having severe difficulties dealing with global economy crisisNavit Zomer

Published: 05.15.12, 15:18 / Israel Business


Israeli exports have
been on a downward spiral since 2011, but the situation has worsened
significantly in the months of February and March this year, according
to Ramzi Gabai, the chairman of the Israel
Export and International Cooperation Institute.


The crisis has affected all industries and trade regions except the United States, he said.
Gabai made the remarks
in a conference that was attended by dozens of exporters, as well as
Industry, Trade and Labor Minister Shalom Simhon.



"This data is very disconcerting," Gabai said. "If the situation
persists, exporters will have to cut or even shut down production
lines, or shift them abroad."



He urged the government to take immediate action to help exporters "get back on the growth track."





According
to the official, Israeli exporters are having difficulties dealing with
the crisis in the global economy, as well as the eroding exchange rates
and the growing competition with Asian companies – especially Chinese
technology firms.




As European economies deteriorate, the government's inaction would
mean adverse implications for the market – including unemployment in the
technology sector, Gabai warned.
http://www.ynetnews.com/articles/0,7340,L-4228929,00.html


Added: May-16-2012 Occurred On: May-16-2012
By: FUCK_S0PA
In:
Other Middle East
Tags: Israel, Jews, Boycott, exports, falling, government, recession
Location: Israel (load item map)
Views: 3796 | Comments: 39 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 2 | Times used in channels: 1
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  • As usual, israel has problems accepting the truth. It's not that countries are disgusted with israel and don't want to do business with them it's the recession......riiiiight.

    Posted May-16-2012 By 

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  • it is a blessing for us all help Israel in anyway possible

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  • Israeli exporters are having difficulties dealing with
    the crisis in the global economy, as well as the eroding exchange rates
    and the growing competition with Asian companies – especially Chinese
    technology firms.


    Nothing to do with these stupid boycotts!

    Posted May-16-2012 By 

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    • @Freejay
      http://www.ynetnews.com/articles/0,7340,L-4115718,00.html

      Coming soon to a FUCK_S0PA channel near you

      Posted May-16-2012 By 

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    • @Freejay
      LOL, sure, whatever you say.

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    • @FUCK_S0PA
      You could steal israeli children and it wouldn't upset them as much as messing with their money. I love it.

      Posted May-16-2012 By 

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    • @RoccoSantoro By your statement you know sweet F@ck all about Israeli society.....fact!..now go and educate yourself.

      Posted May-17-2012 By 

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    • @funkyyaya
      This isn't about israeli society it's about the scumbag way israel behaves on the world stage and how the rest of the world has had enough. israel is quickly running out of sympathetic countries to sponge off of and they are going to get exactly what they deserve. They rely on other countries to survive and those countries are cutting the cord.

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  • Screw the Jew!

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    • @niltomega
      Thanks to Nut & Yahoo

      Hey, that rhymes too lol

      Posted May-16-2012 By 

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    • @FUCK_S0PA i see you laugh at your own jokes.. cancer is funnier than you.. stick to what you do best and go find your prophet muhhamad a goat to molest.. stupid dirty muslim fag

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    • @niltomega
      I favor Borat's redition of "throw the jew down the well" it's pretty comical.
      http://www.youtube.com/watch?v=Vb3IMTJjzfo
      This one's for you freejay.

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    • @MANNYFACES what do mexicans and vending machines have in common?

      they both take your money and don't work.

      Posted May-16-2012 By 

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    • @MANNYFACES
      Cancer is not funny, but seeing as your leeching beaner ass doesn't pay for healthcare, i guess you can laugh

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