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Subject: GoodNews Israel
Date: Fri, 22 Aug 2008 11:39:55 +0300
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From: "Mark Cohen" <mark@angloraanana.com>
To: "Greenblatt, Saralyn" <SaralynG@wzo.org.il>

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GN ISRAEL 22 08 08
http://www.angloraanana.com <http://www.angloraanana.com/indexas.asp>=20
=09
Quote for the Week
"Pessimists and optimists die in the same way, but they certainly live =
differently so choose to be an optimist" (President Shimon Peres who =
celebrates his 85th birthday this week, in an address to groups of high =
school age scientists) =09




*	Trading volume on the TASE has risen seven-fold since 1997, and the =
total market value of TASE-listed companies grew by five times in the =
past decade; in comparison, the aggregate market cap of companies listed =
on Wall Street only doubled=20



*	More GN, for the Israeli economy: Morgan Stanley is raising Israel's =
investment rating from Equal-Weight to Overweight - the terms it uses =
when recommending buying or selling a country's stocks. One of the few =
instances when being overweight is actually good But why exactly is =
Morgan Stanley bullish on Israel? One of the reasons is that the =
investment bank discerns improved profitability for traded-companies.=20



*	Israel Chemicals Ltd. published its financial report today for the =
second quarter of 2008. Net profit rose to $709.1m from only (only?!) =
$125.8m for Q2 =9107. For the first time, the chemicals producer outdid =
Teva which scored a handsome $536 million, and is now, ICL that is, the =
Israeli company with the highest quarterly profit. The firm handily beat =
Merrill Lynch=92s forecast of a net profit of nearly $570 million. =
Israel Chemicals also announced the distribution of a $300 million =
dividend. So there are smiles all round=20



*	The Central Bureau of Statistics reported today that Israel tops the =
Organization for Economic Co-operation and Development for money spent =
on R&D as a proportion of Gross Domestic Product. Israel spent NIS =
31.5bn on Research & Development last year which was 4.7% of GDP, where =
the OECD average was only 1.7% of GDP. It=92s one way of keeping ahead =
of the field. And=20



*	Microsoft is extending its cooperation with the world of Academia. The =
company's R&D center in Israel announced today that Microsoft Research =
will be awarding scholarships to doctoral students in computer science =
and engineering with the goal of developing products for commercial use. =




*	A medal at last! After some truly outstanding performances, =
particularly by our swimmers who rewrote the Israeli record book without =
quite making it to the coveted bronze, silver and gold, Shahar Zubari =
won a Bronze medal earlier this week, Israel's first in the 2008 Beijing =
Olympics. He was competing in the windsurfing event where he was =
actually in first place for the initial races but what with one thing =
and another he ended up third. He certainly isn=92t complaining.=20



*	Elbit Systems Ltd., and we=92ve mentioned them often enough, was =
awarded a contract by Boeing to supply structural components including =
external fuel tanks, pylons, horizontal stabilizers and gun access doors =
for the Company=92s F-15 fighter jets. The deal is valued at =
approximately $31 million. In March, Elbit reported a $160 million deal =
to supply aircraft doors to US aircraft component manufacturer Spirit =
AeroSystems.=20



*	Jerusalem and Tel Aviv have both opted for (expensive) non-polluting, =
traffic congestion relieving light railway lines, which is GN as far as =
it goes. The not so GN is that the laying of the tracks has been =
expensive, polluting and traffic congestion creating. So? So the Haifa =
municipality is bucking the trend set and instead of disrupting the =
smooth running of the city it will establish a large-capacity electric =
bus route, the Metronit. For an initial investment of a mere NIS 750 =
million, a small fraction of the outlay by the other two cities, =
large-capacity electric buses will be delivered and the inexpensive =
(It=92s all relative, folks), non-polluting etc show will be on the =
road-literally.=20



*	Sources in the know claim that The Indian Cabinet Committee on =
Security has given the go-ahead for two mega-deals with Israeli defense =
industries in India. The committee, so they say, approved a $1.5 billion =
Israel Aerospace Industries project to develop and upgrade the Barak =
surface-to-air missile. The council also approved a $270 million =
purchase of Rafael's SpyDer defense systems. According to Indian news =
reports, Rafael has already inked the final agreement, and IAI is about =
to do the same. But wait! Arms deals are notorious for falling through =
at the last minute, so we=92ll hold our breath on this one.=20



*	People with chronic neck and head pain, and there are millions of them =
around usually combat migraines with heavy drugs and invasive procedures =
but help is at hand in the form of Occiflex that gives gentle massage =
therapy to the neck muscles of the patient. Using biofeedback methods, =
the device mimics the pain relieving hands-on therapy given by =
physicians and physical therapists and the result is therapeutic. GN =
indeed.=20



*	Here=92s an interesting item that caught the attention of a GN reader =
in Shanghai-yes, we have them there too-. In the latest published =
statistics on a wide range of situations, the CBS reports that income =
from the export of goods and services in 2007 reached $71.56bn, which =
looks pretty good to us but compare it with the figure of $43.6bn only =
three years earlier, and it begins to look even better..=20



*	Pharmaceutical exports totaled $2.22 billion in the first half of =
2008, 43% more than in the first half of 2007, with the largest increase =
going to Eastern Europe. Pharmaceutical exports to Russia, a potentially =
huge market rose 250% to $4.4 million but the US was still way ahead of =
the pack for sheer volume, with exports rising 43% to $1.65 billion.=20



*	One of the main concerns of medical staff in hospitals is the =
proliferation of monstrous, mutant, drug resistant bacteria that really =
belong in science fiction rather than in the havens for the healing of =
the sick. Enter the team of Balaban and Geffen researchers at the Hebrew =
University who have developed a way of attacking the enemy with bacteria =
armed with phages that are viruses that kill bacteria. So far laboratory =
trials have been highly successful and hopefully the technique will soon =
be applied in the field.=20



*	Financial services clearing solutions developer Fundtech Ltd. has =
closed another deal with a major UK bank Sources are saying that the =
institution in question is Lloyds TSB Group plc Britain=92s fourth =
biggest bank, and that the contract is worth an eight-digit figure. =
Fundtech works with the UK's top four banks: HSBC plc, Barclay's Bank =
plc, Royal Bank of Scotland, and, as of now, Lloyds. Rather good going =
we=92d say.=20



*	For the most part sub-Saharan Africa is not GN but Israeli=92s are out =
there helping to make it better for some. The Little Light Children=92s =
Center in Kampala Uganda was established by volunteers from here and =
they assist the locals to run the kindergarten that caters for children =
in dire need including AIDS orphans, war victims with disfiguring =
injuries and regular kids from the slums. They=92re educated, fed and =
have their lives turned around by the Nation that prides itself on being =
a =91light unto the nations=92 and very often is. And just for good =
measure=20



*	A medical team has been dispatched to war-torn Georgia to tend to =
those who are victims of the strife there. Well there you are, The Red =
Magen David is there whenever and wherever it=92s needed and that =
without regard to race, color or creed.=20



*	Our best wishes go to our President on the occasion of his 85th =
birthday. May he continue to amaze us with his perennial youth, his =
enthusiasm, his wisdom and all the qualities that make him the special =
man that he is.=20


 <http://www.angloraanana.com/props/prop224.html> 	 New cottage in the =
East=20

Luxurious and well designed=20

For further information contact Joe +972-9-77-44-133 or =
info@angloraanana.com =09
  <http://www.angloraanana.com/images/60.bmp> =09
Have we missed any Good News? Do you have any comments? Please let us =
know.
www.angloraanana.com <http://www.angloraanana.com/indexas.asp>  PLEASE =
VISIT OUR WEBSITE=20
WITH THE COMPLIMENTS OF ANGLO SAXON RA'ANANA
=09
Disclaimer of Liability
While Good News strives to report the news accurately and faithfully,we =
cannot accept responsibility for errors in, misinterpretations of, or =
omissions from the material printed in The Good News Digest above, nor =
are we responsible for the application of the information contained =
herein to your personal or business situation. =09

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class=3Dtext style=3D"border:1px solid #bb0000;">
    <tr>=20
      <td align=3Dcenter class=3Dsub_title colspan=3D"2" =
style=3D"font-weight:bold; color:#990000;"> GN  ISRAEL  22 08 08<br>
        <a =
href=3D"http://www.angloraanana.com/indexas.asp">http://www.angloraanana.=
com</a><br>
      </td>

    </tr>
=09
=09
	 <tr>
		<td colspan=3D"2">

		=09
			<span style=3D"font-weight:bold; color:#990000;" > Quote for the =
Week</span><br>

			<i> "Pessimists and optimists die in the same way, but they certainly =
live differently so choose to be an optimist" </i>
			(President Shimon Peres who celebrates his 85th birthday this week, =
in an address to groups of high school age scientists)
		=09

		</td>
	</tr>
		=09
	<tr>=20
     	 <td colspan=3D"2"> <span style=3D"font-weight:bold; =
color:#990000;"></span>

	<br>=09

		<ul>=09
			<li> Trading volume on the TASE has risen seven-fold since 1997, and =
the total market value of TASE-listed companies grew by five times in =
the past decade; in comparison, the aggregate market cap of companies =
listed on Wall Street only doubled <br><br>
			<li> More GN, for the Israeli economy: Morgan Stanley is raising =
Israel's investment rating from Equal-Weight to Overweight - the terms =
it uses when recommending buying or selling a country's stocks. One of =
the few instances when being overweight is actually good But why exactly =
is Morgan Stanley bullish on Israel? One of the reasons is that the =
investment bank discerns improved profitability for traded-companies.  =
<br><br>
			<li> Israel Chemicals Ltd. published its financial report today for =
the second quarter of 2008. Net profit rose to $709.1m from only =
(only?!) $125.8m for Q2 =9107. For the first time, the chemicals =
producer outdid Teva which scored a handsome $536 million, and is now, =
ICL that is, the Israeli company with the highest quarterly profit. The =
firm handily beat Merrill Lynch=92s forecast of a net profit of nearly =
$570 million. Israel Chemicals also announced the distribution of a $300 =
million dividend. So there are smiles all round <br><br>
			<li> The Central Bureau of Statistics reported today that Israel tops =
the Organization for Economic Co-operation and Development for money =
spent on R&D as a proportion of Gross Domestic Product. Israel spent NIS =
31.5bn on Research & Development last year which was 4.7% of GDP, where =
the OECD average was only 1.7% of GDP. It=92s one way of keeping ahead =
of the field. And  <br><br>
			<li> Microsoft is extending its cooperation with the world of =
Academia. The company's R&D center in Israel announced today that =
Microsoft Research will be awarding scholarships to doctoral students in =
computer science and engineering with the goal of developing products =
for commercial use.  <br><br>
			<li> A medal at last! After some truly outstanding performances, =
particularly by our swimmers who rewrote the Israeli record book without =
quite making it to the coveted bronze, silver and gold, Shahar Zubari =
won a Bronze medal earlier this week, Israel's first in the 2008 Beijing =
Olympics. He was competing in the windsurfing event where he was =
actually in first place for the initial races but what with one thing =
and another he ended up third. He certainly isn=92t complaining.  =
<br><br>	=09
			<li> Elbit Systems Ltd., and we=92ve mentioned them often enough, was =
awarded a contract by Boeing to supply structural components including =
external fuel tanks, pylons, horizontal stabilizers and gun access doors =
for the Company=92s F-15 fighter jets. The deal is valued at =
approximately $31 million. In March, Elbit reported a $160 million deal =
to supply aircraft doors to US aircraft component manufacturer Spirit =
AeroSystems. <br><br>
			<li> Jerusalem and Tel Aviv have both opted for (expensive) =
non-polluting, traffic congestion relieving light railway lines, which =
is GN as far as it goes. The not so GN is that the laying of the tracks =
has been expensive, polluting and traffic congestion creating. So? So =
the Haifa municipality is bucking the trend set and instead of =
disrupting the smooth running of the city it will establish a =
large-capacity electric bus route, the Metronit. For an initial =
investment of a mere NIS 750 million, a small fraction of the outlay by =
the other two cities, large-capacity electric buses will be delivered =
and the inexpensive (It=92s all relative, folks), non-polluting etc show =
will be on the road-literally.  <br><br>
			<li> Sources in the know claim that The Indian Cabinet Committee on =
Security has given the go-ahead for two mega-deals with Israeli defense =
industries in India. The committee, so they say, approved a $1.5 billion =
Israel Aerospace Industries project to develop and upgrade the Barak =
surface-to-air missile. The council also approved a $270 million =
purchase of Rafael's SpyDer defense systems. According to Indian news =
reports, Rafael has already inked the final agreement, and IAI is about =
to do the same. But wait! Arms deals are notorious for falling through =
at the last minute, so we=92ll hold our breath on this one.  <br><br>	=09
			<li> People with chronic neck and head pain, and there are millions =
of them around usually combat migraines with heavy drugs and invasive =
procedures but help is at hand in the form of Occiflex that gives gentle =
massage therapy to the neck muscles of the patient. Using biofeedback =
methods, the device mimics the pain relieving hands-on therapy given by =
physicians and physical therapists and the result is therapeutic. GN =
indeed. <br><br>
			<li> Here=92s an interesting item that caught the attention of a GN =
reader in Shanghai-yes, we have them there too-. In the latest published =
statistics on a wide range of situations, the CBS reports that income =
from the export of goods and services in 2007 reached $71.56bn, which =
looks pretty good to us but compare it with the figure of $43.6bn only =
three years earlier, and it begins to look even better.. <br><br>
			<li> Pharmaceutical exports totaled $2.22 billion in the first half =
of 2008, 43% more than in the first half of 2007, with the largest =
increase going to Eastern Europe. Pharmaceutical exports to Russia, a =
potentially huge market rose 250% to $4.4 million but the US was still =
way ahead of the pack for sheer volume, with exports rising 43% to $1.65 =
billion.  <br><br>	=09
			<li> One of the main concerns of medical staff in hospitals is the =
proliferation of monstrous, mutant, drug resistant bacteria that really =
belong in science fiction rather than in the havens for the healing of =
the sick. Enter the team of Balaban and Geffen researchers at the Hebrew =
University who have developed a way of attacking the enemy with bacteria =
armed with phages that are viruses that kill bacteria. So far laboratory =
trials have been highly successful and hopefully the technique will soon =
be applied in the field. <br><br>
			<li> Financial services clearing solutions developer Fundtech Ltd. =
has closed another deal with a major UK bank Sources are saying that the =
institution in question is Lloyds TSB Group plc Britain=92s fourth =
biggest bank, and that the contract is worth an eight-digit figure. =
Fundtech  works with the UK's top four banks: HSBC plc, Barclay's Bank =
plc, Royal Bank of Scotland, and, as of now, Lloyds. Rather good going =
we=92d say. <br><br>
			<li> For the most part sub-Saharan Africa is not GN but Israeli=92s =
are out there helping to make it better for some. The Little Light =
Children=92s Center in Kampala Uganda was established by volunteers from =
here and they assist the locals to run the kindergarten that caters for =
children in dire need including AIDS orphans, war victims with =
disfiguring injuries and regular kids from the slums. They=92re =
educated, fed and have their lives turned around by the Nation that =
prides itself on being a =91light unto the nations=92 and very often is. =
And just for good measure <br><br>	=09
			<li> A medical team has been dispatched to war-torn Georgia to tend =
to those who are victims of the strife there. Well there you are, The =
Red Magen David is there whenever and wherever it=92s needed and that =
without regard to race, color or creed. <br><br>
			<li> Our best wishes go to our President on the occasion of his 85th =
birthday. May he continue to amaze us with his perennial youth, his =
enthusiasm, his wisdom and all the qualities that make him the special =
man that he is.

		</ul>		=09

</td></tr>

		<tr>

	<td align=3Dcenter> <a =
href=3D"http://www.angloraanana.com/props/prop224.html" =
colspan=3D"2"><img src=3D"http://www.angloraanana.com/images/22401.jpg" =
width=3D"150"  align=3D"absmiddle"></td>
	<td bgcolor=3D#ffffcc>
	<span style=3D"font-weight:bold; color:#990000;">New cottage in the =
East <br></span><br>			=09
					Luxurious and well designed    <br><br>

	=09
		For further information contact <strong>Joe</strong> +972-9-77-44-133 =
or <a href=3D"mailto:info@angloraanana.com">info@angloraanana.com</a>

		</td>


	</tr>=20
	<tr>
	<td align=3Dcenter colspan=3D4><img =
src=3D"http://www.angloraanana.com/images/60.bmp" width=3D"400"  =
align=3D"absmiddle"></td>
	</tr>

    <tr>=20
      <td colspan=3D"2"> Have we missed any Good News? Do you have any =
comments? Please let us know.<br>
        <a href=3D"http://www.angloraanana.com/indexas.asp" =
target=3Dblank>www.angloraanana.com</a>=20
        PLEASE VISIT OUR WEBSITE <br>
        WITH THE COMPLIMENTS OF ANGLO SAXON RA'ANANA<br>
      </td>
    </tr>
    <tr>=20
      <td colspan=3D"2"> <span style=3D"font-weight:normal; =
font-size:11px;"><strong>Disclaimer of Liability</strong><br>
        While Good News strives to report the news accurately and =
faithfully,we cannot accept responsibility for errors in, =
misinterpretations of, or omissions from the material printed in The =
Good News Digest above, nor are we responsible for the application of =
the information contained herein to your personal or business situation. =
</span> </td>
    </tr>
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