Business

ORANGE from page 142

THE BIRMINGHAM TEMPLE
presents:

°

Yehuda
Bauer

World-renowned Jewish historian,
Holocaust scholar, author and
founding director of the Center for
the Study of Anti-Semitism.

signed between the EU and Israel last
year, which allows for up to 10 per-
cent of produce to originate in a third
country.
While the EU is not prepared to
say how much money is at stake, the
source said "it is not a small amount."

Elbit Subsidiary
Wins Lockheed Deal

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Sot iV;k9.r(

Israel: War And

The political and moral crisis in Israel today is of great concern to all Jews.
The peace process seems to have collapsed. The government is torn
between maintaining a realistic security policy and the need to appease the
Orthodox for political survival. Many Israelis are angry and frustrated.

What is the future of Israel — war or peace?

What are the realistic options? Yehuda Bauer has an opinion.

Hear it Monday, October 27th, 8:30 p.m.

Israel, Hungary
Free-Trade Pact

$4 members, $6 non-members.

THE BIRMINGHAM TEMPLE

A Congregation for Humanistic Judaism

28611 West 12 Mile Road, Farmington Hills

For reservations call 248-477-1410.

Is YOUR FINANCIAL HOUSE IN ORDER?

To find out, call

PHASE FOUR

.

JOEL LEVI, CFP
TRISH WELLMAN, CFP

(248) 559-6980

17117 WEST 9 MILE ROAD • SOUTHFIELD, MI 48075
PHASE FOUR ADVISORY, REGISTERED INVESTMENT ADVISOR

Securities offered through Vestax Securities Corporation, Member NASD & SIPC
1931 Georgetown, Hudson, OH 44236 • (216) 650-1660

10/24
1997

144

American Heart
Association..

Jerusalem (JPFS) — EFW, the U.S.
subsidiary of Elbit Systems Ltd., has
been awarded an $8 million contract
by the U.S. defense giant Lockheed
Martin to develop an electronic sub-
system for the F-16 aircraft, Elbit
executives said.
The executives said Elbit will devel-
op a data entry electronics unit for the
F-16's munition system. The new sys-
tem is meant to replace older models a
now on the F-16s in the U.S. Air
Force, as well as other air forces
upgrading the plane.
Elbit executives said other contracts
for the F-16 upgrade are expected,
which will increase the Haifa-based
company's revenues by tens of mil-
lions of dollars.
In addition to the contract with
Lockheed, EFW has also received a (--
$15 million order from Rafael for the
manufacture of electronics.

eti

Fighting Heart Disease
and Stroke

Medical miracles
start with research

Jerusalem (JPFS) --- Israel Minister of
Industry and Trade Natan Sharansky
is expected to arrive in Budapest,
Hungary, to sign a free trade agree-
ment with his Hungarian counterpart,
the ministry announced.
The agreement will go into effect
on Jan. 1. According to the agree-
ment, Hungary will impose the same
tax status on Israeli imports as it levies
on imports from the European Union.
The agreement eliminates what Israel
saw as increasing Hungarian discrimi-C-
nation against Israeli goods, in com-
parison to those from the EU, the
European Free Trade Association,
Central Europe and Turkey, the min-
istry said.
The agreement stipulates that
major export items will be tax exempt
from Jan. 1. This includes agricultural
equipment, irrigation systems, medicp), _,
equipment and diagnostic systems.
Taxes on the remaining industrial
exports will be reduced to 45 percent
and eliminated by Jan. 1, 2001. ❑