It appears that due to the popularity of Israelnewsletter.com( or maybe not), and the fact that the investing public wants to get more news on the Israeli capital markets, it’s rumored that financial media powerhouse Bloomberg, is planning to open up an office in Israel’s capital city, Jerusalem. According to a report in Globes, “that financial wires services company Bloomberg LP will open its first office in Israel on September 10, and has rented space in Jerusalem’s Malcha Technology Park.” The article continues, “It seems that Bloomberg understands that the Israeli capital market is important enough to open an office here, and that’s a good thing.”

Along with all the innovation coming out of Israel, and all the foreign investment pouring in, this is another step for Israel becoming a financial center.

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Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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Smart investors know how to look at company provided projections. You’ve got to take them with a grain of salt.

So, when Israel’s Finance Ministry begins making bold projections, you probably require at least a bucket full.

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