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   is recovery around the corner?

At the conference on December 8-9, leading experts will examine the prospects for global recovery in 2014.

 

 

The 2013 “Globes” Israel Business Conference on December 8-9, will try to analyze the condition of the global economy and examine whether the recovery, led by the economies of the US and Europe, is real. On one hand, US economic policy has succeeded in beating the crisis forecast that hung over it, while on the other hand, Spain and other European countries have had their first growth after years of crisis. But the threats remain, and they are great. Once again, the US has just avoided default by the skin of its teeth, and bought some relief for its economy. At the same time, it seems that the US has become addicted to “cheap money” and the helicopter of Ben Bernanke, who has decided to hand the task of initiating the exit strategy to his successor. In Europe, despite the rally in leading indices, the level of unemployment, especially among the young, remains high and dangerous, and the need for structural reform in and a and deepening of the EU are growing more urgent.

 

On the other side are the emerging markets, including China, India, and Brazil, which have begun to downshift. Their high growth rates of the previous decade now seem like a fleeting episode that will not be repeated. Together with the decline in growth rates, it seems that these economies desperately need thorough restructuring, which if not implemented immediately, threaten their economic achievements.

An equally important question is how these processes and movements in the global economy affect the Israeli economy, which demonstrated economic and financial soundness during the years of the crisis, but is undergoing a prolonged rise in the cost of living, accompanied by soaring real estate prices and widening social gaps between sectors of the population.

 

The first day’s plenum session will be opened by President of the State of Israel Shimon Peres. It will be followed by a special debate on the global economy in 2014, moderated by Richard Quest, the host of CNN’s “Quest Means Business”. The participants will be PIMCO global strategic advisor Prof. Richard Clarida, a Lowell Harris Professor of Economics at Columbia University and the US Assistant Treasury Secretary for Economic Policy in 2002-2003; former CEO of Deutsche Bank AG Dr. Josef Ackermann; China International Capital Corporation chairman Jin Liqun; and “Financial Times” associate editor and chief foreign affairs commentator Gideon Rachman.

 

The second day’s opening plenum session will discuss Israeli business sector growth, and will host former Governor of the Bank of Israel Prof. Stanley Fischer, Israel Chemicals Ltd. (TASE: ICL) president and CEO Stefan Borgas,Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) president and CEO Dr. Jeremy Levin, and Prof. Alan Dershowitz of Harvard University, and a prominent defender of Israel.

 

OECD Secretary General Gurria to speak at Israel Business Conference

Angel Gurria will discuss a range of issues that will appear in the OECD report, with a focus on taxes and the healthcare system in Israel.

 

OECD Secretary General Jose Angel Gurria is making a special trip to Israel to participate in the "Globes" 2013 Israel Business Conference. He will participate in the first day's plenum session and will speak with Richard Quest, the host of CNN's "Quest Means Business".

Gurria will discuss a range of issues that will appear in the OECD report, which will be published close to the conference, with a focus on taxes and the healthcare system in Israel.

 

For further information and registration, go to Israel Business Conference .

Gurria was elected secretary-general of the OECD in June 2006, and was reelected for a second term in 2010. He has strengthened the OECD's standing as global forum on economic policy, and has modernized and carried internal reforms at the organization.

Gurria, a Mexican citizen, arrived at the OECD after a distinguished career in Mexican public service, including terms as Minister of Foreign Affairs and Minister of Finance and Public Credit in the 1990s.

Israel joined the OECD in 2010, after an accession process of several years. The OECD was founded in 1961 by countries in North America and Western Europe, and has expanded over the years to include countries in Asia, the Latin America, and Eastern Europe. It currently has 34 members. The OECD member states account for more than 60% of global GDP.

 

The "Globes" 2013 Israel Business Conference, the country's largest business conference, will be held this year under the title "The Global Economy in 2014". It is Israel's premier and most prestigious economic event.

 

http://www.globes.co.il/news/home.aspx?fid=5440&leadid=570

 

לינקים לידיעות בעברית:

http://www.globes.co.il/news/article.aspx?did=1000893708#FromSearchPage

http://www.globes.co.il/news/article.aspx?did=1000894492#FromSearchPage

President Peres to depart for a State Visit to Mexico at the head of a delegation of 80 leading Israeli companies in the fields of security, cyber, UAVs, technology, communication, water and energy

President Peres will conduct diplomatic work meetings with the President of Mexico, leading government officials and deliver an address to the Senate

 

The peak of the economic and trade events will see President Peres meet with Carlos Slim, one of the wealthiest businesspeople in the world, and build links between his businesses and Israeli companies

 

The President of the State of Israel, Shimon Peres, will depart for a state visit to Mexico on 26th November at the head of a delegation of business leaders and managers representing 80 of Israel's leading companies in the fields of security, cyber, UAV's, technology, communication, water and energy. The delegation will include Rafael, Teva, Amdocs, Netafim, Tamar Group, Strauss, Babcom, Amiad and others.

President Peres will depart for the state visit (26/11-1/12), after receiving an invitation from the President of Mexico, Enrique Pena Nieto, in order to strengthen and expand the strategic, diplomatic and economic ties between Israel and Mexico. President Peres will conduct a series of meetings with the senior leadership of Mexico as well as a meeting with Carlos Slim and other Mexican business leaders.

 

The diplomatic meetings will begin with a state welcome ceremony including an honor guard and a diplomatic work meeting with President Nieto during which the two will discuss ways to strengthen the strategic, economic and security relations between the countries, the peace process between Israel and the Palestinians, and relations between Iran and Latin America. Following the meeting the two presidents will deliver joint statements to the press.

 

President Peres will then deliver a diplomatic speech to the Mexican parliament before 128 members of Senate, and meet with the Speaker of the parliament and with other senior government officials. In his speech President Peres will address the importance of strengthening the relations between Israel and Mexico as well as Israel and Latin America as a whole.

As part of the visit there will be the first "Israel-Mexico Business conference" which will be opened by President Peres and President Nieto. The conference will take place in Mexico City, last two days and be attended 500 business leaders including the Israeli delegation, Mexican business leaders and the leading figures in Mexico's economy.  The conference will include meetings between Israeli and Mexican business leaders, working tours for the Israeli delegation to their Mexican counterparts. The business group led by Carlos Slim will present to the Israeli delegation the range of activities and possibilities for cooperation with Grupo Carso and America Movil.

During the second part of the visit (Friday), President Peres will visit Guadalajara and open the Israeli stand at the Guadalajara 2013 International Book Fair. This year Israel was chosen as the "Guest of Honor" at the book fair, which is one of the most important in the world and the largest in the Spanish speaking world with over 700,000 visitors each year. The Israeli stand will showcase Israeli cultural including literature, poetry, arts, academia and publishers including David Grossman and Etgar Keret, Ronny Somek and Agi Mishol, Ivri Lider and Achinoam Nini and Nobel Chemistry Prize laureate Professor Ada Yonath. The Israeli delegation will host over 200 cultural activities across the city and present the best of Israeli culture.

Shimon Peres"The elections are intended to set our goals for the future. They should be conducted with respect, with sensitivity to one another and with restraint."

The President of the State of the Israel, President Shimon Peres, delivered a speech to the opening of the winter session of the 18th Knesset. During the speech President Peres addressed the Iranian issue and said, "We are operating against Iranian attempts to build a nuclear weapon. The current Iranian regime is a genuine and immediate threat to the entire world, not just to Israel. The world cannot live in the shadow of a nuclear Iran and under the dark clouds of the policy of a fanatical regime. The coalition that has been built to deal with the threat of a nuclear Iran is a coalition that is not necessarily pro-Israel. But it is committed to protecting the peace and security of the world. If that coalition relents it will not know victory. All the options, including the military option, must remain on the table so that Iranian understands their seriousness. The military option is not the preferred option but in the eyes of the world, and of Israel, it is a serious option. The policy of the Iranian regime is not for show. We must treat it as the real, serious existential threat that it is. The Iranian people are not our enemies. The Ayatollahs, who are busy enriching uranium and inciting to violence, are the real enemy of the Iranian people. And of many other nations."

Right now, if you look at North Africa into the Middle East and further East, Israel is the only one stable, genuine, open, transparent democracy and therein lies our internal stability.

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Photo: GPO