BUSINESS

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a perfect Prime Rate
mortgage.

Magazine Sold
To New Group

Tel Aviv (JTA) – The political
and gossip magazine Haolam
Hazeh, founded by Uri Avneri
and subsequently sold to Rafi
Ginat, has been sold oncel
more to the Globes financial
daily newspaper group, head-
ed by Haim Baron.
The purchase price was not
disclosed.
Mr. Ginat, who has also
been editor of the illustrated
weekly magazine, said he will
be returning in March to work
in radio and television.
Mr. Ginat was forced to
leave the electronic media fol-
lowing scandals surrounding
his presentation of subjects in
the popular "Kolbotek" con-
sumers program he anchored
on Israel Television.
"Kolbotek" was a name
based on the term Kolbo, He-
brew for a department store
or supermarket.
Mr. Ginat will be heading
up a similar program, this
time on the rival television
station Channel Two, to be
called "Kolbodek."
As for the future of Haolam

Feel free to fix it.

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Hazeh, Mr. Baron declined to
say what changes he planned
to make in the weekly maga - .0
zine.
The sale includes the mag-
azine, its offices, equipment
and extensive archives.
Haolam Hazeh will keep
its name, but its new editor,
Rino Tzror, said he will in-
troduce undisclosed changes
in its content and format.

• No-Point Options

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313-645-6466

* From the first day of the month in which the 12th payment is due and the first day of each month thereafter, until and including
the first day of the month in which the 60th payment is due. ©1992 Chase Manhattan Personal Financial Services, Inc.

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Market Fact

he Jewish News offers loyal readers who look forward to receiving — and reading —
the publication every week.
* 93% read four of the last four issues
* 71% spend at least an hour with each issue — each week
* 70% retain their copy of The Jewish News for at least a full week.
Source: Scarborough-Jewish News Study

B8

THE JEWISH NEWS

Israeli Company
Is World Leader

Tel Aviv (JTA) – Israel Air- '
craft Industries has emerged
as one of the world's top man-
ufacturers of pilotless aircraft,
following the Pentagon's de-
cision last summer to pur-
chase Israeli drones.
The Pentagon has permit- 1
ted the U.S. Army to buy an
initial batch of seven Hunter
drones and ground control '
systems from Israel, at a cost
of $250 million.
IAI was the winner last
June of a competition be- 4
tween six world giants to sup-
ply surveillance aircraft,
beating out such firms as
IBM, General Electric and
McDonnell-Douglas.
But the Pentagon's green
light for the U.S. Army to
make the purchase was with-
held until now, IAI sources
said. •
During ground tests of the
various drones, the un-
manned craft were submit-
ted to harsh flight tests.

