"Our Moms and Dads Got Their
Mortgages At World Wide Financial!"

that if economic stability is not
achieved in the region, political
agreements would not hold.
Israel's GNP is about $64 bil-
lion compared to $4 billion for
Jordan and $2 billion for the
Palestinians.
Deputy Foreign Minister
Yossi Beilin warned that the
fragile constellation of forces
that gave birth to the peace
process was not a permanent

"There is too much
integration."

condition.
Mr. Beilin was surprisingly
cool toward the prospect of eco-
nomic cooperation with the
Palestinians and rejected the
idea of an Israeli-Palestinian
confederation.
"They would see it as ex-
ploitation," Mr. Beilin said. "If
there is economic cooperation
it should be at the wish of the
Palestinians, not ours. If there
is patronizing, we should not
have any kind of economic co-
operation with them."
A broader Palestinian view
was offered by Mandi Abdul-
Hadi, president of the Pales-
tinian Academic Society for the
Study of International Affairs.
In 1918, he noted, Chaim Weiz-
mann had met with Emir
Feisal at Akaba. "Roughly,"
Weizmann said, "we, the Jew-
ish people, are asking for a part
of Palestine to create a Jewish
homeland leading to a state. In
turn we will give you the
world."
In September 1993, said Mr.
Abdul-Hadi, Shimon Peres met
with Abu Alla, the PLO's emis-
sary, in Oslo.
The fact that Prime Minis-
ter Yitzhak Rabin was able to
openly stop off in Morocco on
his way back from the signing
of the Israel-PLO accord and
his subsequent trip to China
gave flesh to this historic
irony.

Aaron & Ben Wasserman

Alex Andra Siegel

❑

Industrial
Exports Grow

The volume of industrial ex-
ports grew 18 percent during
the first nine months of the
year, the Central Bureau of
Statistics reported last week.
Exports in current dollars in-
creased 15 percent during that
period, while prices fell 3 per-
cent.
The volume of imports in-
creased 13 percent during the
first nine months of the year.
During the third quarter, ex-
port prices dropped 0.7 percent,
while import prices fell 2.4 per-
cent. As a result, there was a
1.6 percent improvement in the
prices exports fetched in rela-
tion to import prices. ❑

Seth Byck, 6 Months

Nicoll Fuller

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