Israel, from Paolo Pezzutti

September 11, 2011 |

 The fact is that the Arab Spring could as well ignite instability (rather than bring democracy) in the region, altering established relationships and the balance of power. Recent events in Turkey, Egypt and Syria and the growing challenges from Iran, all indicate a quickly deteriorating situation.

All this at a time when Europeans and the US are very busy with internal problems. Moreover, in Israel protests over the economy are increasing.

This is to say that the dynamics of this bear market in Israel could be mainly driven by specific local conditions, which in turn could add to and influence the already grim global scenarios.

T.K Marks writes:

Hopefully there is little correlation between the Israeli open and my beloved if woebegone Jets open against the Cowboys tonight. I'll be taking it in from the spirited street of Telegraph Ave. in Berkeley, so I'm holding your karma personally responsible if things if things go awry.



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