Once 'Best in the West', Israel's economy shows cracks


  • World
  • Tuesday, 26 Aug 2014

JERUSALEM (Reuters) - For more than a decade, Israel's high-tech-fuelled economy has weathered the global financial crisis and several military conflicts with little impact on growth or the free flow of foreign investment.

But its strong run, which led former finance minister Yuval Steinitz to coin its justifiably upbeat tag as the 'Best in the West', may be coming to an abrupt end, with the era of sustainable high growth rates consigned to history.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

After two winsome Ori games, a pivot into dark fantasy
Canada's arrests of three Indian men in Sikh leader's death 'bittersweet,' friend says
NoSpace is Gen Z’s answer to MySpace
Canada police charge three with murder of Sikh leader Nijjar, probe India link
What if customers were rewarded for tipping their meal delivery drivers?
King Charles and UK royals to relinquish dozens of patronages
Interview: China's import expo unique opportunity for Egyptian firms: Egyptian business leader
Roundup: T�rkiye's iconic palace updates Chinese porcelain exhibition after renovation
U.S. stocks close higher
Floods kill 4 mountain climbers in northern Iraq

Others Also Read