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

December 17, 1993 - Image 35

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-12-17

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

"My Papa Marty and
Grandma Fanny Refinanced
Their Mortgage At
World Wide Financial!"

"My Mommy and
Daddy Got Their
Mortgage At
World Wide Financial!"

Israeli Chain
Plans Stores

Gun Industries will invest al-
most $4 million in
establishing a chain of stores in
Brazil next year. The com-
modities firm will export its
Chicco baby products to Brazil
under the name Tutto Chicco.
During the first stage in
1994, Gun and other investors
will establish 12 stores. The
first stores are scheduled to be
opened in Rio de Janeiro, Recife
and San Paolo.

Lower Inflation
Rate Predicted

Inflation will only reach about
8 percent next year, according
to a study by the Federation of
Israeli Chambers of Commerce.
Israel's economic growth will be
6.2 perecnt, as long as immi-
gration continues at the 80,000
annual level, according to the
study. The civilian work force
will grow 3 percent to 1.99 mil-
lion people and unemployment
will drop to 9.75 percent.
The study also predicted the
U.S. dollar will continue to grow
stronger against European cur-
rencies.

Israeli Paper
Shuts Down

Tel Aviv (JTA) — After mon-
ths of rumors that it was suf-
fering deep financial prob-
lems, the Israeli afternoon
tabloid Hadashot has folded.
The daily newspaper's 40
editorial staff members and
managers learned by tele-
phone that they need not
report for work, as the paper
had just published its last
issue.
The paper's present losses
are said to exceed $30 mill-
ion.
Hadashot, which means
news, was established 10
years ago by the Ha'aretz
publishing company, which
publishes the prestigious
Ha'aretz daily broadsheet
newspaper and several
weekly publications.
The tabloid, established by
publisher Amos Schocken,
had been positioned to corn-
pete with the popular Yediot
Achronot and Mcz'ariu after-
noon newspapers.
But its youthful staff and
dovish slant failed to attract
a substantial segment of the
public, and its circulation
peaked at about 30,000. ❑

JORDAN GOROSH

Age "Almost 4"

ALEX ANDRA
SIEGEL

MICHIGAN'S LEADER IN MORTGAGE LENDING

• Loan sizes to 1.5 million. • No-documentation loans available.
•Convenient applications via lap top computer in your home office.
•Special programs available for "bruised credit" applicants! • We close loans FAST!

0,

Period

WORLD WIDE FINANCIAL SERVICES - CALL 647-1199

555 S. Woodward • Fifth Floor • Birmingham, MI 48009

CC
LU

02

LU

C_D
Lu

35

Back to Top

© 2020 Regents of the University of Michigan