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January 26, 1979 - Image 36

Resource type:
Text
Publication:
The Detroit Jewish News, 1979-01-26

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

36 Friday, January 26, 1919

Disco Parties by

1m L.
Est-
I- 'Act L_ LL

Dan Sandberg
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Israel's main Mediterra-
nean ports of Haifa and
Ashdod are concentrating
more on bulk goods. In
1976-77 they handled about
4 million tons and according
to experts this will increase
- to 5.8 million tons in 1978-
79. By 19S1-82 the figure
will have reached about 8.5
million tons.

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U.S. Investment in Israel Up 50 Percent

NEW YORK (JTA) —
American investments in
Israel in 1978 increased by
50 percent compared with
the previous year and
reached an estimated $120
million; according to Dr. Zvi
Dinstein, Israel's economic
minister to the U.S. and
Canada, and Uriel Lynn, di-
rector general of the Gov-
ernment of Israel Invest-
ment Authority for North
America.
Declaring that 1978 was
"a very good year" for North
American investments in
Israel, Lynn said that "in.
1979, many more American
companies realized that Is-
rael is an ideal location for
their research and de-
velopment and high-
technology operations." He
said that the last year's in-
vestments included invest-
ments by National
Semiconductor, Motorola,
Chromalloy and Baldwin
and were part of 50 new
projects.
"This is .a 50 percent in-
crease over the $80 million
invested in 1977," Lynn
said, noting that- total
foreign investment in Israel
rose to an estimated $165
million, an increase of 43
percent over $115 million
invested in 1977.
Both Dinstein and
Lynn predicted that 1979
will even witness greater
increase in investment in
Israel by American com-
panAes. According to
Dinstein, "hundreds of
American firms are al-
ready involved in Israel's
economy," among them
firms from the "big
league of companies" in
America.
According to Lynn, the

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reasons for the increase in
American investment in Is-
rael could be attributed to
the liberalization of the Is-
raeli economy in an effort to
move toward a free market
system, including total
elimination of foreign cur-
rency control for foreign in-
vestors; the weakening of
the impact of the Arab-
boycott against Israel in
view of the anti-boycott
laws passed by the Ameri-
can government; the pros-
pect of peace in the Mideast;
and Israel's duty free access
to the European Economic
Community (EEC). •

Highlighting the new in-
vestments by U.S. com-
panies in 1978 were projects.

in the high technology field,
involving either new in-
vestments or expansions of
existing facilities, Lynn
said. He added that 1979
also signified a diversifica-
tion of investments, a
broadening beyond the high
technology industries.

He observed that there is
increasing interest in fi-
nancial and real estate ven-
tures. Canadian investors
are about to buy the gov-
ernment's share in the
largest mortgage bank in
Israel; a group of investors
from the Midwest has indi-
cated a desire to buy the
government-owned Mari-
time Bank; a U.S. insurance
company is finalizing

negotiations to buy an in-
surance company in Israel.
There is also substan.
tial private investment
in real estate and co
struction projects, Lyna_
said. A major U.S. com-
pany is exploring the
possibility of setting up a
village for senior citizens
on the shores of the
Mediterranean, similar
to such complexes which
it has built in the U.S.
Projects related to
tourism are now Arbin
boosted, possibly - i+v,/,1
ux
view to the expected
of tourists lured by r
of
airfares and the pros
peace. Hyatt Hotels will
manage its first hotel in It=
rael in the Haifa beach area.

`Jews Will Have to Cooperate
With Others to Save NY Areas'

By BEN GALLOB

(Copyright 1979, JTA, Inc.)

The proposition that the
fate of Jewish neighbor-
hoods involved in the re-
habilitation of changing
areas in New York City will
be largely determined by
the extent to which Jews
work with other ethnic
groups was a key conclusion
of participants in the fourth
annual Breakfast on Social
Concerns' sponsored by
Agudath Israel.
Agudath officials said the
250 participants heard re-,
ports of the new joining of
forces between various
ethnic groups in such
Brooklyn Jewish neighbr-
hoods as Borough Park and
Flatbush. ,
Mitchell Sviridoff, a
former commissioner of the
city's Human Resources
Administration and -pre-
sently vice president for na-
tional affairs at the Ford
Foundation, said this new
concept was "a far cry" from
confrontation philosophies
or "the fantasies of commu-
nity control advocates." He
said "most neighborhood
groups now understand that
protest without programs is
dooined to failure."
Menahem
Rabbi
Lubinsky, Agudath Is-
rael's Project COPE di-
rector, declared that
Jews are realizing more
and more that "their only
hope for survival in the
urban neighborhood is to
join with other ethnic
groups." He said that
"where once it was
thought that the prolifer-
ation of services would
keep neighborhoods
from decline, it is now a
fact that Jews are begin-
ning to shift emphasis to
community organization
in many neighborhoods."
Rabbi Lubinsky, col-
laborating in a special re-
search report released at
the meeting, with Rabbi
Shmuel Lefkowitz, director
of the Southern Brooklyn
Community Organization
(SBCO), said there have
been successful cooperatWe
efforts of ethnic groups in
Borough Park and Flat-
bush, adding that "the
four-story walk-up has

emerged as the major
enemy of stable neighbor-
hoods."
Rabbi Lubinsky told the
Jewish Telegraphic Agency
that such walkup build-
ings, lacking elevators, "in-
fect" better housing and at-
tract criminal elements.
As an example of inter-
ethnic cooperation, Rabbi
Lubinsky cited the Flat-
bush section where
Italians and Jews are mem-
bers of the advisory board of
SBCO, organized by
Agudath Israel as an inter-
ethnic project, with Ita-
lians, Greeks and Hispanics
as well as Jews.
Dr. Seymour Lachman,
former president of the
New York City Board of
Education, said "Jews
have concentrated on

urban communities, not
only to partake of the so-
cial mobility and eco-
nomic advancement into
middle-class status of-
fered by a free society bu k,
of equal importance fo
American Jewry, for
sense of Jewish commu-
nity:,
-- He noted that Jews need a
minyan with which to pray;
they need at.least a havrusa
(study partner) with who
to learfi; they need a bic
holim with which to visit
and aid the sick; they need a
hevra kadisha (burial'
society) with which to tak
care of their dead; a mikva
(ritual bath) with which
maintain family purity; an
supervision of kashrut
"and all of these and muc
more require a community*'

Academy Names Tuchman

.

NEW YORK — Historian
Barbara W. Tuchman was
elected president of the
American Academy and In-
stitute of Arts and Letters
Wednesday. Her election —
she ran unopposed — marks
the first time in the 80-year
history of the academy-
institute that a woman will
president.

JDC Chaiiman

NEW YORK — Prof. A.
Leo Levin, director of the
Federal Judicial Center in
Washington, D.C., has been
named chairman of the
Religious and Cultural
Committee of the American
Jewish Joint Distribution
Committee.
The Federal Judicial
Center, created by the U.S.
Congress in 1967, is the re-
search, development and
training arm of the Federal
Judicial system.
Prof. Levin, who was
president of the Jewish Pub-
lication Society of America
and is a member of the In-
ternational Board of Gover-
nors of Bar-Ilan University,
succeeds Dr. Leo Jung,
rabbi of the Jewish Center
in New York, who has been
a member of the Religious
and Cultural Committee
since 1926 and its chairman
since 1942.

A

BARBARA TUCHMAN ,

Mrs. Tuchman currentl
is on the bestseller liMift
her history of the 14t Cen-
r.
tury, "A Distant
fo
She won Pulitzer •
her works, "The Guns
August" and "Stilwell a
the American Experience in
China." She was given t
gold medal for history in
1978 by the academy-
institute.
She went to Spain in 1937
as a war correspondent fo _
The Nation. During Wo
War II, she worked on th
Far East news desk of th
Office pf War Information i
New York.

The desire of the rig 6
eous shall be granted.

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