I TRAVEL
JANUARY
FUR SALE
30% to 60%
Israel Appoints Farber
To U.S. Tourism Post
REDUCTIONS
ALL '88 FURS
MUST BE
SOLD
New York — Raphael
Farber has been appointed
consul and tourism commis-
sioner for Israel with respon-
sibilities for the United
States and Canada.
Farber most recently was
director general of Israel's
Ministry of Tourism in
Jerusalem, a position he held
seven years — longer than
any of his predecessors.
Farber concurrently was
chairman of the Development
of Tourism Infrastructure
Company and director of the
Tourism Industry Develop-
ment Corporation and also
has served as chairman of the
Dead Sea Shore Development
Company and director of the
Airport and Health Resorts
Authorities.
Farber plans to underscore
Israel's many vacatioan op-
tions. "While most
s Americans are aware of the
historical and religious
significance of Israel," he
said, "many are not aware of
the modern facilities that
await them — the nine-hole
golf course within sight of
Roman ruins, and the lux-
urious hotel accommodations
a short walk from the Tower
Sale Ends
Jan. 31st
MALTER FURS
21742 W. 11 Mile Road, Southfield • 358-0850
OF HARVARD ROW
THE
STUDIO
Increase
your interest
in Israel
.
Winter Storewide Sale!
11
Once A Year Savings
Thru Monday, January 16th
All
Shoes • Tights • Leotards • Sweaters
Select Resortwear • Fall & Winter Clothing
P
TO
75%
Applegate Square
Picadilly Mall
29991 Northwestern Hwy.
Southfield
351 South Woodward Ave.
Birmingham
356-6848
540-0418
1 00x,
PRIME+1/4%
VARIABLE RATE CURRENT INCOME
*
NO CREDIT CARDS • ALL SALES ARE FINAL
SPECIAL ORDERS & PREVIOUS PURCHASES NOT INCLUDED *
uniewence
CFILLERDERNATTIENCOME
• $10,000 minimum
• $100,000 + discounted to 97%
• $500-$9,500 yields 9% per annum
• Interest paid semi-annually
• Redeemable after 5 years at 100%
• Non callable for 5 years
' $5,000 minimum priced at 100%
' $100,000+ discounted to 98.5%
• Minimum rate 7.5%—No maximum rate
• Due October 1, 1996
For 46 years a driving financial force,
Ampal-American Israel Corporation,
an American corporation, enables Israel to
grow productively.
For more information and a prospectus for any of
the securities described above, call:
Al Schonwetter
Representative, Ampal Securities Corporation
(313) 353-6363 or
1-800-445-6508 Operator 903
Member NASD and SIPC
This is neither an offer to sell nor a solicitation of an
offer to buy securities. The otter is made only by the
prospectus which may be obtained in any state wherein
the underwriter may lawfully offer the securities.
FIRMLY ROOTED IN ISRAEL,
BRANCHING OUT IN NEW DIRECTIONS
THE III TIMATE IN WOMEN S ACCESSORIES
* La Mirage • 29555 Northwestern Hwy. • Southfield, MI • (31 3) 356-8870
rr * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
76
FRIDAY, JANUARY 13, 1989
AMERICAN ISRAEL CORPORATION
I
Spain Is Considering
More Talks With PLO
early maturity
• Also available for IRA's and Keogh's
50 & 75% OFF
ENTIRE INVENTORY!
N EWS I
• Non callable
• May be put after 5 years at a 10% yield to
* * * * * * * * * * * * * * * * * * * * * * * * * * * * *
of David and the Western
Wall."
"Israel's tourism industry
is the key to economic in-
dependence and my mandate
is to bring current tourist ar-
rival figures of roughly
500,000 per year up to Israel's
potential capacity of more
than two million visitors per
year," he said.
0/0 Z F IEF R T OE ECNO TORN
• $10,000 yields $47,847 in 15 years
OFF
Raphael Farber
Brussels (JTA) — Spain took
over the rotating chairman-
ship of the European Com-
munity's Council of Ministers
this week and is likely to be
deeply involved in Middle
East peace efforts during its
six-month tenure.
The Middle East shares top
priority on the E.C. agenda,
along with East-West rela-
tions and the conflicts in Cen-
tral America, a government
spokesman in Madrid was
quoted as saying.
Foreign Minister Francisco
Fernandez Ordonez said last
Thursday that 1989 "might
be the year during which the
Middle East situation could
be unfrozen."
Fernandez is expected to
head a delegation consisting
of himself and the foreign
ministers of France and
Greece to Israel early this
year for discussions with the
leaders of the new Israeli
government.
After visiting Israel, the
delegation will go to Tunis to
meet with Palestine Libera-
tion Organization leader
Yassir Arafat.
-
Palestinian sources in
Madrid said Arafat might pay
an official visit to Spain at the
end of this month. He was
last in Madrid in 1979 at the
invitation of the then Prime
Minister Adolfo Suarez.
It was announced, mean-
while, that Lord Henry
Plumb of Great Britain, presi-
dent of the Strasbourg-based
European Parliament, will
pay an official visit next week
to Israel, at the invitation of
the Knesset, Israel's
parliament.
The European Parliament
is the European Community's
legislative body. Plumb was
invited by Israel last Sep-
tember when Arafat was pay-
ing a visit to the Parliament
in Strasbourg, at the invita-
tion of its Socialist faction.
Apart from Plumb's two-day
trip, a delegation of 12 Euro-
pean Parliament members
representing its main
political groups will visit
Israel in mid-January. Their
trip is an annual get-together
between
European
parliamentarians
and
Knesset members.
4
II
1'4