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Foreigners continue to withdraw assets from Israel
Israel, Economics, 7/30/2002
The Israeli central bank said on Sunday that foreign investors withdrew sums at worth $ 152 million from Israel in June after they had already withdrew $ 149 million in May.
In the first 6 months of this year, 2002, foreigners invested $ 1.06 million in Israel, a decrease from a sum of $ 3,82 billion just one year earlier.
The Palestinian Intifada which has been continuous since almost two years resulted in foreign investors avoiding investment in Israel.
Previous Stories:
Israeli tourism down $ 3 billion due to Intifada
(7/27/2002)
$ 8 billion in losses to the Palestinian economy
(7/18/2002)
Egypt asks Israel to permit importing Palestinian gas
(7/16/2002)
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