100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

November 12, 1993 - Image 39

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-11-12

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

My neighbor just got
Ultimate Checking
at Madison National Bank.

Tourism
Measures Peace

Jerusalem (JTA) — The Old
City's Arab market was one
of the first venues to feel the
effects of the intifada, or Pa-
lestinian uprising, at its
onset in December 1987.
Nearly six years later, the
Arab shuk is again a
barometer of the political
climate, as Israelis and Pa-
lestinians begin to work
together to achieve peace.
Embracing most of the Old
City, the shuk was a main
tourist attraction until the
start of the intifada. Then
shopkeepers began a series
of strikes in support of the
uprising.
The action gained
worldwide media attention,
and served as a tool in the
fight for Palestinian self-
determination.
Yet while the strikes prov-
ed immensely effective from
a political perspective, the
financial results were
catastrophic. Forced by con-
science or threats from arm-
ed Palestinian youths to
padlock their shops every
afternoon and on full-strike
days, Arab merchants lost
millions of dollars in tourist
sales.
Those tourists who did
venture into the market
risked being stoned or, on
rare occasions, stabbed.
Most Israelis stopped
visiting the Old City, alto-
gether.
Now, just weeks after
Prime Minister Yitzhak
Rabin introduced the Gaza-
Jericho autonomy plan, the
Arab market is showing
signs of recovery.
The most obvious sign is
the increased presence of
tourists.
Though business is not ex-
actly booming for Majdi
Shwiki, the owner of a booth
selling T-shirts, key chains
and other souvenirs, he too
expressed optimism that
business is on the rebound.
An affable man with a
ready smile, Mr. Shwiki af-
firmed that more tourists
began visiting the shuk in
September, immediately
after the peace agreement
was signed in Washington.
Though Palestinian flags
are still technically outlaw-
ed by the Israeli govern-
ment, this has not stopped
shopkeepers from selling
souvenirs with the Palestin-
ian colors — red, white,
green and black. There are
hand-sewn shirts in the
design of the Palestinian
flag and a flag key chain
with the words "I Love
Palestine." ❑

It's a checking account
with a ton of benefits—
for people who appreciate
personalized service.

Trade-ins
Welcome

Rentals
Available

Also

• Treadmills • Weight
• Bikes
Systems
• Skiers
• and more

I

) F I T

Hey! I appreciate
personalized service.
How come my bank
doesn't offer me
Ultimate Checking?

TRAINING

— Effect-

EQUIPMI N I

Rochester Hills Birmingham

University Sq. Plaza 1489 Woodward
375-9707
646-8477

THE REPUBLIC BANK
RATE TABLE

Rates and prices that affect your
daily finances as of 1 1/1 2/9 3

Prime rate
6.0%
Six Month T-bill
3.25%
Gallon Unleaded Gas
$1.01.9
Avg. Price Greater Bloomfield
Area Home
$155,350
Canadian dollar
$.801 U.S.
Veteran's Day
Nov. 11

Maybe you should switch to a bank
that really wants to be your bank.

M4 DISON NATIONAL
RINK

• 14 Mile &John R

• Orchard Lake Rd.
& 14 Mile

• 12 Mile & Dequindre

• 10 Mile & Dequindre

1,P take your Inhibit',/,' penionally.

(313) 548-2900

Michigan based—locally owned since 1963

Call For Details
or Visit Republic Bank Today!

io REPUBLIC
7BANK Member

EQUAL
HOUSING mm
LENDER

E.

FDIC

.1\iONIONIIMIKOMMIN

1700 N. Woodward Ave., Bloomfield Hills
258-5300
18720 Mack Ave., Grosse Pointe Farms
882-6400

6 MONTH CD

MONEY
MARKET

4.04

3.56%

Annual Percentage Yield

Now you
can find us
closer
to home.

"Home of our famous rum torte"

Iversen. 's

31562 Grand River, Uptown Ham - 477-5902

effective as of 11/8/93
Avail. through November 30th
Penalty for early withdrawal

Birmingham
646-8787
Clawson
435-2840
Dearborn
274-3030

bank
& trust

Annual Percentage Yield

effective as of 11/8/93

$2,500 Min. Balance Required*

OPENING SOON!

ROSEVILLE — ROYAL OAK — ROCHESTER
RENAISSANCE CENTER

Grosse Pointe
882-2880
Lincoln Park
383-4000

Livonia
462-4106
Rochester
656-5760

West Bloomfield
855-6644
Sterling Heights
Waterford
268-5200
674-4901
Southfield
Warren
355-9831
558-4600

*Rates may change. Statement fees may reduce earnings if balance is not maintined.

CC

00

39

Back to Top

© 2020 Regents of the University of Michigan