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| Israeli Economy Ranked 3rd Most Stable in the World for 2016

Zev Stub    
Thursday, 20 April 9:53 AM

JNS.org – A nearly nonexistent inflation rate and low unemployment have helped propel Israel to the No. 3 spot on a list of the world’s most stable and promising economies for 2016 published by the Bloomberg financial news agency.

Earlier this month, a report by Bank of America Merrill Lynch deemed the Israeli economy “on a robust recovery path with growth rates running at 3 to 4 percent levels,” noting that the Bank of Israel was “defying gravity” by checking the appreciation of the shekel against the dollar.

Full Story (Algemeiner)
        



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