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October 21, 1994 • Page Image 1

…75¢ THE 16 CHESHVAN 5 7 5 5 / OCTOBER 2 1 , 1 9 9 4 Borman Hall Sold Heartland Group to run facility as a skilled nursing home. RUTH LITTMANN STAFF WRITER North Carolina company will purchase Borman Hall in a move ending the 11-month search for new owners. The Heartland Group, based near Raleigh, signed a purchase agree- ment Oct. 10 with the Jewish Home for Aged, which runs Borman Hall, and the United Jewish Foundation, which owns the p...…

October 21, 1994 • Page Image 2

…Wicker \ %A Our beautiful white wicker bedroom col- lection features solid hardwood framing completely wrapped in woven wicker. All drawers are fitted with metal glides for smooth easy operation. . ...,--• \ ••• • • • •• •••• • • • • •• • • • . . ... ••••• ••• . .. . .. .. . ,.-,„ ...... — rz-- .\••‘Ar'••NN.\. — NN.A.NN‘A-A X\N\ Z--' AolloNVIIMVIAV .... .--.• . • . S . ..: - ..... . e '- Rattan 3 :■ !,,\,,,,,,,,,,,,,„,,„ -1 . ...…

October 21, 1994 • Page Image 3

…October 21, 1994 Detroit Special Jews OPINION Bending our institutions for single parents. 5 Learning Jewish roots in a Saturday class. 15 27 Shared Spaces Berkley soccer. page 91 Rented rooms accommodate synagogue growth. MI ME WHY Politics Any `non-children,"non- males' reading this? 44 Two Sides Federation forum hosts Wolpe, Engler. ROUND UP A Hall of Fame tape and other tales. 12 Working together. page 77 SPORTS 40 50 ...…

October 21, 1994 • Page Image 4

…co Vow "IVIEWEST i'M REALLY SERtouS ABOUT%LING O.N. surrioNs, ILL MPSS MY OFD oN - ARON- \(11 WArri FORDER tor-Riat=tear,. - Solidifying A Region With Peaceful Overtones Peace between Israel and Jordan came quietly this week after years of behind-the-scenes se- cret rendezvous all over the world. There wasn't that same intensity, that same uncertainty we all knew in 1979 when Men- achem Begin and Anwar Sadat bridged their dif- ferences at C...…

October 21, 1994 • Page Image 5

…Community Views How We Help Determines Effectiveness HARLENE APPELMAN SPECIAL TO THE JEWISH NEWS Recently, I had the opportunity to hear someone talk- ing about her most important lesson from her Jewish education. She was talking to a group of Jewish educators about what possible impact they could make on their students in the few short hours they had them. Her instantaneous reply was that the process was as impor- tant (if not more) than t...…

October 21, 1994 • Page Image 7

….011'7 117 President's Column by Eli Scherr 1' =1/ KEREN KAYEMETH tEISRAft FROM ter is the source of life. How many of us in this country can truly appreciate the importance of water, this re- s ource which we tend to take for granted? In Israel, "water is the source of life" is stated with the force of ex- perience by inhabitants of a land whose most severe perennial plight of nature is the scarcity of water. Israel relies on three main...…

October 21, 1994 • Page Image 8

…ORDER A NEW JEWISH NEWS SUBSCRIPTION TODAY AND RECEIVE THIS VIDEO, A $22.95 VALUE, ABSOLUTELY FREE! BORMAN HALL page 1 A Chanukah Gift No One Can Hold A Candle To. This is a gift your children will never outgrow. An award-winning video that celebrates Jewish traditions and communicates to them with original music, brilliant characters and fun loving animation. A new subscription to The Jewish News makes a great gift for yourself, friends or...…

October 21, 1994 • Page Image 9

…O NISSAN Dodge I S U Z U QUALITY USED CMS & TRUCKS! MORE! °BUICK EVEN sAV0:DODGE' rICHIGAN'S VOLUME DODGE DEALER BRAND NEW '94 BUICK YIARK CUSTOM '224 9158 Automatic, Air Conditioning, Anti-Lock Brake System, Tilt, Cruise, Cassette! (#295549) BUY FOR: LEASE FOR 30 MOS.! BRAND NEW '94 BUICK ........... GAL 4Dr., Fully Equipped, V6, Auto., Air, Keyless Entry, Airbag! (#459927) BUY FOR: '299 964 LEASE FOR 30 MOS.! BRAND NEW BUIC...…

October 21, 1994 • Page Image 10

…TRWWFAWA, n 4M. , 047CFAs, Latest Terror Attack Prompts Anger, Rage — "Mg411:' SAVINGS Now! <1. • *M .O .k:414 , 5.01,RE LAXE PO 15 6121.0 t■sa.oe-voloccr GAN 14 UNA HaVtiO31 31 t e 11393100W 0 N4. Jack Cauley Ca u l ey NO Orchard Lake Road Between 14 and 15 Mile 10 HOURS: Mon. & Thurs. 8:30 a.m.-9 p.m.; Tues. 8:00 a.m. - 6:00 p.m.; Wed., Fri. 8:30 a.m.-6 p.m, Prime Minister Yitzhak Rabin Jerusalem (JTA) — A political ...…

October 21, 1994 • Page Image 11

…THE JEWISH NEWS Vol. CV! No. 7 Associate Publisher Arthur M. Horwitz Editor Phil Jacobs Associate Editors Elizabeth Applebaum Alan Hitsky Staff Writers Jennifer Finer Ruth Littmann Jill Davidson Sklar Steve Stein Contributing Editor Elie Wiesel Washington Correspondent James D. Besser Foreign Correspondent Douglas Davis Israel Correspondents Ina Friedman Larry Derfner Photographer Glenn Triest Local Columnists Danny Raskin Carla Jean Schwart...…

October 21, 1994 • Page Image 12

…COMPILED BY STEVE STEIN Lights! Camera! Actium! here will be an added at- traction at the 10th annu- al induction dinner for the Michigan Jewish Sports Hall of Fame. For the first time, the athlet- ic and personal achievements of the year's inductees will be doc- umented in a video presentation. Detroit Free Press columnist Mitch Albom will narrate the video, which will focus on in- ductees James Kamman, Robert Luby and David Rott. The dinne...…

October 21, 1994 • Page Image 13

…11 411/e're Looking For Thp Next Marc Chagall or the next Rachel radelson ENTER OUR 1994 CHANUKAH ART CONTEST! Last year, 12-year-old Rachel Mendelson's winning entry was displayed on our annual Chanukah cover. Here's how to enter this year. TO ENTER: All work must be received by noon Tuesday, Nov. 15, at The Jewish News, 27676 Franklin Road, Southfield, MI 48034. Each entry must have a completed entry form permanently attached to the bac...…

October 21, 1994 • Page Image 14

…I Jews BARBARA G. ACKER SPECIAL TO THE JEWISH NEWS Far lett Robert Werney, Beth El educational director Annie Friedman and teacher Alan Lowen enjoy services together. Above: Rosanne DeRoven reads a Haggadah with Corey Wert. From age 5 through adulthood, 16 persons with ct special needs are learning their 4 Fc ?--2 Jewish roots in a E' Saturday class. 1 14 he smile on Corey Wert's face speaks volumes, but the expres- sions on the faces o...…

October 21, 1994 • Page Image 15

…hare Spaces Temples and synagogues use rented rooms to accommodate growth. JILL DAVIDSON SKLAR STAFF WRITER ith an ark on wheels and a con- gregation almost as nomadic as Moses' people, Rabbi Arnie Sleutelberg says constant change of venue is the price one has to pay for having a young congregation. "There is a down side to not 11111 having a building," he said. "There is no sense of perma- nence." Rabbi Sleutelberg's Congrega- tion Shir Ti...…

October 21, 1994 • Page Image 16

…Countrywide is America's #1 Home Mortgage Lender. 'With one telephone call, our Mortgage Experts will take your application and start you on the road to a new home." — Beth Grossnuin Regional Vice President C ountrywide® became America's #1 mortgage lender by delivering competitive rates, along with quick turnaround and personal service. We also offer: • Instant Home Loan Approval • Lock N' Shops' interest rate guarantee • A wide range of...…

October 21, 1994 • Page Image 17

…A former president of the Jew- ish Community Council, Judge Shepherd retains a role with the organization. "He has been one of the more active past presidents, and some- one I turn to for advice," said David Gad-Harf, JCCouncil ex- ecutive director. "He was on the committee that recruited me, so I have a place in my heart for John Shepherd." Mr. Gad-Harf said Judge Shepherd in turn was recruited for several special projects by the Council, inc...…

October 21, 1994 • Page Image 18

…N I SSAN RIGHT PLACE • RIGHT TIME DARE TO COMPARE YOUR "0" DOWN DEALER ALL NEW '941 /2 SENTRA LE Option 2 $179* SUNROOF, ALARM, AM/FM, cass., spoiler, cruise, air & more. Stk. #13532 SUNROOF, ALARM, pwr. steering, value pkg., air, AM/FM cass. Stk. #12816 NEW '95 ALTIMA Option 3 Option 1 NEW NISSAN PICK UP XE A PEN EVERY SATU ' $0 $0 i St $1"* 79* 145* S Option 3 Option 1 Si 65 $1 79* Option 2 111 4011••"' QUfl1VS Ati3A3 N3...…

October 21, 1994 • Page Image 19

…ART MORAN PONTIAC/GMC TRUCK • ART MORAN PONTIAC/GMC TRUCK • ART MORAN PONTIAC/GMC TRUCK NEW '94 GRAND AM SE '94 GMC FULL SIZE CONVERSION VAN By TIARA AIR CONDITIONING, ABS & AIR BAG Auto, AM/FM stereo cass., pwr locks, r. defrost, 23 OHC, fog lamps, trunk & fuel tank ref, anti- ock brakes, sport mirrors, spoiler. Stk. #8118F MGM) 415,327 $400' ART MORAN 8AVRIG8 ..$1477 PRIME TIME REBATE REBATE 41250 . RUTH LITTMANN STAFF WRITER V8, auto,...…

October 21, 1994 • Page Image 20

…VARSIT HUGE INVENTOR Nobody Sells For Less! Come In And See The NEW 199541 Mercury stique LINCOLN • MERCURY IN NOVI 1994 TRACER 0 .1I ■ 1995 MYSTIQUE Fantasti Savings _ Zi T aaw 0 MEL. ANIL AIM AIL • 1994 TRACER 1995 MARK VIII 1994 COUGAR X147 $0 DOWN STK#40093 0 9 per mo. 24 MONTH LEASE DOWN per mo. $0 DOWN STK#40021 w„ MI $2 — 24 MONTH LEASE INCLUDES $1000 OWNER LOYALTY REBATE 1994 VILLAGER 1994 CONTINENTAL EX...…

October 21, 1994 • Page Image 21

…End Judicial Abuse In The 46th District Court ment. Ms. Magness' responsi- bilities include handling weekly media schedules and Style mag- azine accounts. Before coming to The Jewish News, Ms. Magness was in the management training program with the Gap. She is a graduate of Western Michigan Universi- ty. "Robin will help us to better serve our customers' needs," as- sociate publisher Arthur Hor- witz said. "She brings with her a background of...…

October 21, 1994 • Page Image 22

…Meet award-winning designer Paul Klecka in his first exclusive area appearance! Paul Klecka's unique, individualized jewelry designs focus on the interplay of light between diamonds and precious metals. He has earned almost every major award in the jewelry industry. Reservations for a personal appointment with Paul Klecka the day of his appearance are now being accepted. Saturday, October 29, only at Diamonds and Fine Jewelry 26400 W. 1...…

October 21, 1994 • Page Image 23

…Roz Knows Clothes. Sherm Knows Shoes. "Nothing's easier than the carefree knits of Helen Hsu. You can work, play or travel hard and still look as good at the end of the day as when you started." "Elegant, exquisite and unexpected. That's the Stuart Weitzman trademark. Simple touches that make his shoes unique. These from his new fall line are proof positive:' From Helen Hsu's Fall collection. Come see the complete Stuart Weitzman collecti...…

October 21, 1994 • Page Image 24

…Please join us at the fourth annual dinner to benefit YAD EZRA YAD EZRA DIALOGUE page 22 the kosher food pantry feeding the Jewish hungry feediv the Tewhgh titergny Monday, November 21, 1994 6:45 p.m. Dinner 6 p.m. Hors d'oeuvres Honoring... Shelley & Michael Eizelman a founding family of Yad Ezra A special honor will be presented to Akiva Hebrew Day School in recognition of its strong commitment to Yad Ezra. at Congregation Sha...…

October 21, 1994 • Page Image 25

…amined the township manager greenbelt will include walls and and attorney over the action of a berm. the planning commission. The The synagogue purchased part commission had vetoed the plan of a vacant swim club site to the Aug. 23 because it said the site south to allow it to expand. The was too small, the land use too in- remainder of the site is expected tense, and the expansion was not to be used for new home devel- in keeping with good pl...…

October 21, 1994 • Page Image 26

…FILM CAW'. WE'VE FOCUSED ON DETROIT JEWISH LIFE FOR OVER 50 YEARS. Now WE'D LIKE To GIVE You A SHOT. PRESENTING "SIX DAYS IN OCTOBER" DE'TROff JEWISH LIFE As SEEN THROUGH YOUR LENS. From Sunday, October 23rd to sundown October 28th, you and your family are invited to share in a wondrous community project We'd like you to take your camera along with your imagination and capture your idea of Detroit Jewish Life. It could be a family reun...…

October 21, 1994 • Page Image 27

…Two Sides To Every Story John Engler and Howard Wolpe present their views to the Jewish community. JENNIFER FINER STAFF WRITER he Democratic and Republi- can candidates for governor have been campaigning against each other long enough to know what each is going to say and then respond to those re- marks without actually hearing them. Those present at a forum this week featuring Gov. John Engler and his Democratic chal- lenger Howard Wolpe c...…

October 21, 1994 • Page Image 28

…Howard Wolpe: On The Campaign Trail JENNIFER FINER STAFF WRITER I he polls show him behind Wolpe barely had enough time to his incumbent opponent eat the McDonald's lunch his dri- but Howard Wolpe does not ver picked up. Even as he ate, a put a lot of stock in what photographer snapped a series of photos of the former congress- the polls say. He is confident that in the end, man. Then, after a quick appli- ,_\ the voters of Michigan will el...…

October 21, 1994 • Page Image 29

…/.& poi \ Gov. Engler: Looking Back JENNIFER FINER STAFF WRITER John Engler is pleased with his record as governor. The could put it on the refrigerator like a stu- dent does with a straight-A re- port card, he would. "I'm proud of my full record over the last 31/2 years," the gov- ernor said. When asked what he is most proud of, the governor rattles off a list: "Cutting taxes, balancing the budget, making the environ- ment cleaner and refo...…

October 21, 1994 • Page Image 30

…two m ? , ws fen x g rISS I S3W , Honoring Ann Newman flint T1 1 1 11 1 VP YESHIVA BETH YEHUDAH with the Golden Torah Award General Chairman Judge Avern Cohn EARS OF TORAH EDUCATION IN DETROIT Dinner Chairman Mr. William Davidson 80th Annual Dinner Sunday, November 6, 1994 Westin Hotel - Renaissance Center TH E DETRO I T J EW ISH NEWS 6:00 Reception 30 R.S.V.P. & Journal Ads: 7:00 Dinner (810) 557-6750 Help Celebrate A De...…

October 21, 1994 • Page Image 31

…Guest Speaker Jack Kemp Secretary of Housing and Urban Development, 1989-1993 Dinner Co-chairmen Mr. Jay Alix Mr. Norman Allan Mr. Eugene Applebaum Mr. Marvin Berlin Mr. Harold Beznos Mr. Harold Blumenstein Mr. Paul Borman Mr. Steve Bromberg Mr. Warren Coville Mr. William Davidson Mr. James Devine Mr. Henry Dorfman Mr. Hiram Dorfman Mr. Max Ernst Mr. Oscar Feldman Mr. Gerald Freed Rabbi E.B. Freedman Mr. Byron Gerson Mr. Ralph J. Gerson M...…

October 21, 1994 • Page Image 32

…Manolo, a man who knows no limits, defies the laws of gravity. In the sport of freeclimbing, Manolo combines his athletic training with keen instincts to challenge the laws of nature. The man who knows no limits, wears a SECTOR. ADV 2500 CHRONO ALARM 4441041, 0 SECTOR SPORT WATC S For more information call ARTIME U.S.A. 1-800-225-1732 DARAkJIAN *d gwva 32 D 29333 Northwestern Highway, Southfield, MI 48034, (810) 356-7140 …

October 21, 1994 • Page Image 33

…OCTOBER 21, 1994 Metro ZOA Elects Officers Frank Stella Frank Steda Is gionored O n Nov. 10, B'nai B'rith will present the Great American Traditions Award to Frank D. Stella, chairman and chief execu- tive officer of F.D. Stella Products company. the dinner will be held at the Westin Hotel in the Renaissance Center, Detroit. Mr. Stella is being honored because of service to the com- munity and tireless devotion to numerous worthwhile caus...…

October 21, 1994 • Page Image 34

…Your child describes the Anti-Semitic incident at school and chokingly says, "I didn't know what to do." How Can You Best Help Yourself and Your Family Cope? Anti-Defamation League® PRESENTS CONFRONTING ANTI-SEMITISM A FAMILY AWARENESS PROJECT Co-Chairs Sheri Schiff Hilary Isakow Ruth Beitner Committee Jill Berlin Roz Blanck Cheryl Bloom Shelley Boschan Sue Ann Canvasser Wendy Talan Edelson Lisa Ellias Beth Erman Earle Erman Barry Goo...…

October 21, 1994 • Page Image 35

…HUGE '94 CLEARANCE SALE! OPEN FRI. 9-9 AND SAT. 10-6 WE PAY OFF YOUR TRADE REGARDLESS OF HOW MUCH YOU OWE!* Program Features Biblical Women "Women: Willful, Witty and Wise," explores womanhood through biblical and contempo- rary stories told by Corrine Stavish. The new program, spon- sored by the Federation Business and Professional Women's Divi- sion, will be held in Adat Shalom Synagogue at 6:30 p.m. Oct. 27. Each story told by Ms. Stavis...…

October 21, 1994 • Page Image 36

…MAKING SPIRITUALITY REAL FOR YOU: the Hows and Whys of Jewish Ritual Featuring Rabbi Moshe TutilaUer Conservative Movement svohoiar in Residence A Series of Mitzvah Workshops on Honoring Our Parents: The Sandwich Generation Rabbi Efry Spectre Wrapped in Holiness: Tallit and Tefillin Rabbi Leonardo Bitran Rabbi Daniel Nevins Spirituality, Shabbat and the Family Rabbi Irwin Groner The Spirituality of Living in the Land Rabbi Moshe Tutnaue...…

October 21, 1994 • Page Image 37

…' GIVE YOURSEL THE BOOT. LOOK FOR BOOTS, A FALL MUST-HAVE, TO RUN THE GAMUT IN STYLES THIS SEASON - FROM ANKLE BOOTS TO OVER-THE-KNEE BOOTS. •p.A.R•i•s•I•A.N• NOW OPEN AT LAUREL PARK PLACE Shown: Cole Haan "Olympia" black suede hiking boots. Sizes 6 to 10 medium. 110.00. In Women's Shoes. …

October 21, 1994 • Page Image 38

…+ NTAAft/,7) %,) 4;4 ‘r ) CP AM RAMAII IN CANADA d invites you to join us for one of AND THE BUSH morn WAS NOT 11Pt< CONSUMED 5Dt< these information get togethers with Rabbi Mitch Cohen, Director Wednesday, Oct. 26 7:30 p.m. Adat Shalom Syn. 29901 Middlebelt Farmington Hills Light Refreshments Thursday, Oct: 27 6:15 p.m. PIZZA PARTY Cong. Shaarey Zedek B'nai Israel Center 4200 Walnut Lake West Bloomfield R.S.V.P. 357-5544 Applicatio...…

October 21, 1994 • Page Image 39

…Friday: 6 p.m., Saturday: 9 a.m., 7 p.m. Sunday: 8:30 a.m. Weekdays 7:30 a.m. and 6 p.m. B'nai Mitzvah of Jessica Fischer, daughter of Joan and Fred Fischer; Michael Barr, son of Susan and Benson Barr. BETH ABRAHAM HILLEL MOSES 5075 W. Maple Rd., West Bloom- field, 851-6880. Rabbis: A. Irving Schnipper, Aaron Bergman. Cantor: Ben-Zion Lanxner. Sexton: Joseph Mermelstein. Services: Friday 7 p.m.; Saturday 8:45 a.m.; Sunday 8:30 a.m. and 6 p.m...…

October 21, 1994 • Page Image 40

…Top 10 Reasons To Get In Gear With the St obat at Vea Afeteof gi Its the Synagogue with an AFFORDABLE membership plan for YOU! Rabbi Herbert Yoskowitz joins Cantor Max Shimansky and Reverend Joseph Baras. Youth programs. Two daily minyans. Sisterhood, Men's Club, Young at Heart, Club Chayim, and Singles. Shabbat Dinners and Sit Down Kiddushes El Culture and Concerts. Lunch and Learn, and Book Bites. Rabbi Herbert Yoskowitz BEHIND TH...…

October 21, 1994 • Page Image 41

…Temple Beth El Proudly Presents Genealogy Workshop Set The annual fall Genealogy Work- shop of the Jewish Genealogical So- ciety of Michigan will take place 1:45-4:15 p.m. Oct. 23 at the Farm- ington Hills Public Library, 32737 W. 12 Mile Rd., Farmington Hills. Cider and doughnuts will be served. Participants will be able to choose to hear two of four speakers for the afternoon. Linda Bell will talk on sources for beginners; Mar- ilyn Natch...…

October 21, 1994 • Page Image 42

…NATIONAL COUNCIL OF JEWISH WOMEN Greater Detroit Section 14th annual fashion spree Fashion Spree '94 Sale of Gently Used DESIGNER CLOTHING... Plus 3 DAYS ONLY • Saturday Evening, November 5th 6 pm — 10 pm $5 admission • Sunday, November 6th Free Admission 12 noon — 6 pm • Monday, November 7th Free Admission 12 noon — 6 pm Men's • Women's • Children's Clothing Furs • Costume Jewelry • Sweaters • Handbags Trendy & Vintage Michigan...…

October 21, 1994 • Page Image 43

…UNIVERSAL WATCH REPAIR We've just bought out an entire watch inventory from a large jewelry store chain! Bomb Found Near Shul Door New York (JTA) — An unex- ploded bomb was discovered near the entrance to Moscow's central and largest synagogue, according to a report from Moscow. The report, from the Union of Councils' Moscow Bureau on Hu- man Rights, said the bomb was discovered early Sunday morn- ing near the entrance to the Choral Synagog...…

October 21, 1994 • Page Image 44

…SILO ppLLHA DHSS 1111 Mal** - . III riiii WHY Are Any `Non-Children,' `Non-Male' Types Reading This? ELIZABETH APPLEBAUM ASSOCIATE EDITOR sivis the price of Series® silver-Mannington Silver floors-is going down.* vinyl From September 19 through November 15, every Mannington Silverade Sterling:' quicksilver, 'Th -floor is on sale and Resolution These stylish floors start out looking beautiful and will stay beautiful tor years to come, S...…

October 21, 1994 • Page Image 45

…MIL MIL MIL ATTENTION COVENANT CREDIT UNION MEMBERS ONE WEEK ONLY! Monday 10/24 through iflonday 1 0/3 EXCLUSIVE DISCOUNT PRICING FANTASTIC FINANCE RATES OVER 1500 CARS AND TRUCKS TOP DOLLAR PAID FOR ALL TRADE-INS AVAILABLE ONLY AT LASSMAN FELDMAN Cr3 OLDSMOBILE • SAAB • HYUNDAI 28000 TELEGRAPH AT THE TEL-12 MALL SOUTHFIELD 810-354-3300 WITH APPROVED CREDIT TERMS AN D CONDITION DETERMINE D BY CREDIT UNION CNJ 42355 GRAND RIVER ...…

October 21, 1994 • Page Image 46

…PHOTOS BY GLENN TRIEST 'Test's •lends Six longtime buddies make up a new Southfield company which is selling "Forrest Gump for President" T-shirts and sweat shirts. STEVE STEIN STAFF WRITER t seems like David Let- terman mentions Forrest Gump at least once a week during his Top Ten routine. Last week, after Pres- ident Clinton was given a pin by the assistant manager of a Dearborn bookstore he was visit- ing, the assistant man- ager told a...…

October 21, 1994 • Page Image 47

…Helene Friedman, Pam Fishman, Eileen Warshaw and Elyse Tuttleman show off their Forrest Gump shirts IsRAEL _DIcrEsr Specially compiled by The Jerusalem Post — $1 EQUALS 3.0210 NIS (shekels) - Close Price 10/11/94 — Should Shekel Be Devalued? Israel's ever-growing gap be- cent against the dollar since the tween galloping inflation and beginning of the year. the crawling devaluation of the An over-valued shekel makes shekel has generated a...…

October 21, 1994 • Page Image 48

…Free Maintenance No Luxury Tax on all vehicl ' '94 BMW 525i Euphoria? Yawn! Economist says the end of the Arab boycott wouldn't have a profound effect on the Israeli economy. ELIYAHU KANOVSKY SPECIAL TO THE JEWISH NEWS sraeli leaders were euphoric when the Gulf Cooperation Council, comprising Saudi Arabia, Kuwait, the United Arab Emirates, Oman, Qatar and Bahrain, announced the end of the secondary and tertiary eco- nomic boycotts of Isr...…

October 21, 1994 • Page Image 49

…but this will not represent a real increase. Since the mid-1980s, when oil prices dropped very sharply, the Arab economies have been suf- fering from serious financial and economic problems. Before the oil-price collapse, poorer Arab countries benefit- ed from generous foreign aid from the richer Arab states. Now they have to cope with little or no aid from these countries. Even more important were the millions of jobs that opened up in the ri...…

October 21, 1994 • Page Image 50

…ypewriter Compiled by Steve wig *iv two TAX-FREE BONDS MUTUAL FUNDS STOCKS T A X E X E P T First of Michigan Corporation Members New Yak Stock Exchange, In FoM INVESTNENTS N A N .• A L Herman Schwartz Senior Vice President - Investments P L A T N T N 6230 Orchard Lake Road, Suite 230 R U West Bloomfield, MI 48322 S G (810) 855-2100 T 1-800-654-1443 S TAX DEFERRED ANNUITIES IRA's MONEY MANAGEMENT If you are not wearing it... ...…

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