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October 01, 1993 - Image 39

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-10-01

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

FDIC INSURED
CD BUYERS

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advantage of higher CD rates offered
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tore, and then the private sec-
tor would take over from there."
The six-volume, 600-page
proposal will be presented for-
mally in November at the next
semiannual meeting of the
working group, in Copenhagen.
There is one volume each on
agriculture, human resources,
private-sector development and
infrastructure.
Funds to cover the World
Bank's proposals would come
from the European Communi-
ty, the United States, Saudi
Arabia and the World Bank, the
official said.
Research for the report was
conducted from January
through March during five mis-
sions to main population cen-
ters including Hebron, Nablus,
Ramallah and Gaza.
As experts on the peace
process have suggested all
along, progress in the bilater-
al talks is likely to spur the mul-
tilateral negotiations.
"The Israelis have been very
supportive," the World Bank of-
ficial said. "It's in the last six
months that the Israelis have
been cooperative in this situa-
tion."
The working group received
a preview of the still-classified
report in a special intercessional
meeting in Washington on Sep-
tember 20 and 21.

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RADIANT LIGHT DANCES

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We weloune your suggestions.
Please mail typed and double-
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News.

THE

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Burger King, the U.S. fast food
chain, has informed the Yair
Tamir-Kamor group of its plans
to continue negotiations for
reaching a franchise agreement
to operate the chain in Israel.
Six or seven parties partici-
pated in the tender for the fran-
chise to operate the chain here.
Other contenders included the
Burger Ranch-Super-Sol group,
Nachi Laor, the founder and
owner of the Apropo restaurant
chain, and Joy Properties.
"Receiving the franchise is
subject to negotiations between
the two sides to reach and sign
a franchise agreement," said
Mr. Kamor in an announce-
ment to the stock exchange.
Burger King is the second
largest fast-food chain in the
United States after McDonald's.
The chain has annual sales of
approximately $5.2 billion. CI

OFF

• Pensions

• CD Buyers
• Rollovers



Burger King
Still Talking

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30

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