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December 09, 1994 - Image 37

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-12-09

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

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zsee=exxxxx.231113e33:2li

WANT TO KNIT

OR CROCHET

A $200.00 PURSE
FOR $22.50?
COME SEE US.
WE'LL SHOW
You How.

Oil's Well
That Ends Well?

Israeli oil research firm Lapidot
is in the advanced stages of nego-
tiations for oil and gas exploration
rights in Kazakhstan.
The firm is seeking to establish
a joint corporation with the Kaza-
kh government, with each part-
ner holding 50 percent.
A Lapidot representative said
the negotiating procedure, which
has been going on for over a year
and a half, is "positive on both
sides."
Kazakhstan's government is
negotiating exploration rights to
several sites with six oil compa-
nies, including market leaders
Exxon, Amoco, Mobil, Oryx and
I Plain Resources.
Chevron already is licensed and
_,at work in the Tangis Fields,
(- northeast of the Caspian Sea.
An agreement with the gov-
ernment would grant Lapidot ex-
clusive exploration rights for up
to five years to a 8,700-square-
mile area in the Aral Lake region,
400 kilometers east of the Caspi-
an Sea.
Should oil or gas be discovered,
the company would receive de-
„_,velopment rights of up to 25 ad-
--) ditional years. The government
has demanded a minimum initial
investment for the 5-year period
of $25 million.

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$2000 down



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Chrome wheels, leather seats & security system

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30,000 Miles

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GRobert Glitann 6Fing

Bloomfield Plaza • Telegraph at Maple

CADILLAC®

CREATING A HIGHER STANDARD

810-855-9545

Israel Economic
Activity Stabilizes

The Bank of Israel's "S” — or state
of the economy — indicator rose
0.2 percent in October as economic
C activity stabilized after slightly
dipping in September due to the
holidays.
During the first five months of
the year, the index rose 4.6 per-
cent compared with 1.95 percent
in the subsequent five months, the
central bank's research depart-
ment reported.
Since the beginning of the year,
,-the index has increased by 6.63
percent compared with 7.1 per-
cent during the same period last
year.

SmartLease*

CERTIFICATES -

Director Says
Changes Needed

Israel's openness to the world
c)economy requires changes in its
fiscal, monetary and foreign ex-
change policies, Treasury Budget
Director David Brodet said.
He was speaking at a seminar
held in memory of budget division
officials who were killed during
the Yom Kippur War. Business-
men, academics and former gov-
ernment officials analyzed the
problems facing the Israeli econ-
<- omy in the mid-'90s and offered
ways to deal with them.

(Please excuse
our dust...)

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LOANS WEBUY
ESTATES
ON

DIAMONDS

0

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DIAMOND

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A

Compare at $11,770

w

Now

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$6,820

LEW SILVER
tintIMENRMIVER

4th Generation Jewelers

GIA Graduate in Diamond
Grading & Evaluation

*GMAC SMARTLEASE 24 months. First pymt. Ref. sec. dep. rounded to $25 incre-
ment, plus down payment as shown above; plate or transfer fee due on delivery.State
& lux. tax additional. Mile limitation of 30,000. 100 per mile excess charge over limita-
tion. Lessee has option to purchase at lease end To get total payments, multiply pay-
ment by number of months.
New addition
- Based on GMAC SMARTLEASE 24
c,,,,,,.
. month one single up front payment
°
Exit-9
„„, e ,
plus $500 ref. sec. dep. plus plates or
transfer due on delivery + 6% sales
tax & luxury tax additional. Mile limi-
tation of 30,000. 100 per mile excess
oTi,
-
charge over limitation. Lessee has op-
m I In
tion to purchase at lease end.
1

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11 ml

la4. ■ 1

R INKE ADILLAC

I- 696 AT VAN DYKE

S

;......s•

1 1 .

I

, •

I

7 5 8 - 1 8 0 0

If traveling west

on 1-696, exit Hoover, follow Service Drive to RINKE.
If traveling east on 1-696, exit Van Dyke; take second bridge past Van Dyke over expressway to RINKE.

Open Mon. 7-9pm, Tues. 7-7 pm, Wed. 7-7 pm, Thurs. 7-9 pm, Fri. 7-6 pm

7


?
'

MASTER
DEALER

DEDWATED TO
• CV-ELLENCE

'-

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