Scottf Seligman, Chairman

and Stephen 11. Adams,

Banking & Commercial

Lending Officer

Thailand, South Korea, Russia and
even Japan."
However, if Israel is to attract for-
eign investors it must maintain its pre-
sent economic stability (which finds
expression in an annual inflation rate of
percent) and achieve political stability
(something that depends primarily on
an agreement with the Palestinians). If
those two goals can be achieved, the
Jewish State has a better than even
chance of weathering the present inter-
national economic crisis.

❑

Satellite System
For Ethiopia

Jerusalem (JPFS) — Gilat Satellite
Networks and Tadiran Scopus have
won a $15 million contract to install a
satellite system for Ethiopian televi-
sion as part of project to
provide services in remote areas.
Ethiopian Television, which cur-
rently only has one channel, is
installing the system as a basis for
expanding the number of television
channels available in the country.
The expansion is to be based on
deploying satellite capabilities
throughout the country.
Under the contract, Tadiran Scopus
is to supply a digital video compres-
sion system for the broadcast of
movies and sporting events. The con-
tract is Tadiran Scopus's first in Sub-
Saharan Africa and is worth $600,000
for the Holon-based company.
Gilat Satellite Networks, based in
Petah Tikva, makes small aperture ter-
minal satellite earth stations.
Tadiran Scopus is a subsidiary of
Tadiran Ltd., Israel's largest electronics
company. It is a maker of digital video
broadcasting products.

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LENDER

Israel, Turkey
Trade Meeting

Jerusalem (JPFS) — Israel and Turkey
are to hold a joint economic commit-
'tee meeting in December, visiting
Turkish Prime Minister Mesut Yilmaz
and Industry and Trade Minister
Natan Sharansky agreed.
Sharansky said Ttirkey is a very
important trade partner, due to its
size, geographic proximity and historic
ties with Israel.
Sharansky said the two economies
complement each other, and the two
countries have similar characteristics,
as they are both Westernized democra-
cies.

www.detroitjewishnews.com

9/18
1998

Detroit Jewish News

209