HERE'S HOW TO ADD AN EXTRA 1/1%*
TO THESE GREAT IRA RATES.

Privatization
r- Of El Al

rJ

r

18 NIcctik.Cla

12

Jerusalem (JPFS)— The long-
awaited privatization of El Al
will start soon, according to Is-
raeli Transport Ministry Direc-
tor-General Nahoum Langental.
The announcement on the fu-
ture ownership of El Al will be
made soon, Government Com-
panies Authority Director- Gen-
eral Tzipi Livni confirmed.
However, she refused to com-
ment on the exact agreement
that is likely to be reached.
These comments followed
meetings between a special gov-
ernment committee and El Al
workers and with senior com-
pany management.
There appear to be three
main sticking points in any de-
cision to privatize: the protec-
tion of workers' rights amid
fears of job losses; the compa-
ny's 1996 and early 1997 pre-
dicted losses, which could
amount to many tens of millions
of dollars; and the insistence of
Transport Minister Yitzhak
Levy that the company not be
allowed to fly on Shabbat no
matter who owns the airline.
Furthermore, a more immi-
nent problem has arisen. There
appears to be a difference of
opinion within the committee as
to the nature of the privatiza-
tion, between those who want a
sale of stock and those who want
a private sale.

Contract Set
On Solar Power

5,95
580'
I

❑

API

AR

Annual Percentage Yield on minimum deposit of $1,000! APY Effective 3/15/97

*Add a checking account and add 1/4%!

Making regular deposits in an Individual
Retirement Account (IRA) is one of the
most popular ways of building a secure
future for your retirement. That's because
your deposits and interest may be tax
deferred. Be sure to consult with your tax

DISON NATIONAL
M4
B
4NK

advisor. Then see us. If you have a checking
account with us, we'll add an extra 1/4% to
the great rates shown above. Or we'll help
you open your checking account at the same
time you open your IRA, so you qualify for
the extra 1/4%.

We take your budiness perooluzlly

Farmington Hills

Farmington Hills

Fraser

Madison Heights

Madison Heights

Southfield

37386 Twelve Mile
810-848-9030

31300 Orchard Lake Rd.
810-626-6190

32200 Groesbeck
810-294-9919

1800 East Twelve Mile
810-548-2900

600 East Fourteen Mile
810-585-7775

25250 Evergreen Rd.
810-353-7377

'Substantial interest penalty for early withdrawal.

Member FDIC

I

SERVICING ALL

connEunon

AP 'ET

Jerusalem (JPFS) — U.S. aero-
space giant McDonnell Douglas,
along with Ormat Industries,
Rotem Industries and the Weiz-
mann Institute's Yeda Research
and Development Company in
the United States, have won a
$5.3 million contract to demon-
strate within three years the
commercial feasibility of an ad-
vanced solar-power plant capa-
ble of producing tens of
megawatts of electricity, the
Weizmann Institute of Science
reported.
The contract was awarded by
the U.S.-Israel Science and
Technology Commission. The
collaboration agreement was
signed at the U.S. Space and
Rocket Center in Huntsville,
Ala.
The system, developed by the
Weizmann Institute, uses spe-
cial optics and an innovative air
receiver to reflect, focus and con-
vert sunlight, raising tempera-
tures high enough to directly
power gas and steam turbines
in a combined cycle to generate
electricity. The option of using
either sun, gas or a combination
of the two guarantees power
even under cloudy skies.

1110111Ltli.

perfect
gift...

• Residential and Commercial

• Personal and Customized Service

800 #
NATIONWIDE
SERVICE FOR
25/MONTH!

• 100% Customer Retention and Satisfaction

• Non-Profits Call For Your Free Account

A
subscription
to

(810) 334-5492 or (810) 335-1309

SpeedLiinik

A Division of Speed Net, Inc.

THE
JEWISH
NEWS

1-810-354-6620

hdp://www.speedlink.net • e-mail: speed@speedlink.net • 53-1/2 West Huron Street, Suite 211 • Pontiac

ra

Next time you feed your face, think about your heart.

Go easy on your heart and start cutting back on foods that are high in saturated
fat and cholesterol. The change'll do you good.

gip American Heart Association

WE'RE FIGHTING FOR YOUR LIFE

