Kudos to billionaire investor Warren Buffett and his company Berkshire Hathaway, who recently purchased Israeli machine tool maker Iscar Metalworking and several other local businesses. The Iscar investment, valued at over $4 billion, spurred an immediate boost to Israel's business climate, as both the Tel Aviv stock exchange and the value of the shekel subsequently hit record highs.
At a time of such great political uncertainty, the Buffett investments show some much welcomed (and in many ways, much needed) confidence in the future of the Jewish state. Furthermore, the "Sage of Omaha" isn't the only backer of Israeli ventures; computer chipmaker Intel, for one, recently announced plans to build a new hi-tech microchip factory in the nation as well.
Israel's economy and its people are alive and kicking, and regardless of what certain anti-Semitic Iranian nutcases may think, the Jewish nation will surely remain that way.
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Update: If you're interested in learning more about Israel's vibrant business, medical, and technology sectors, Israel21c is a superb and fascinatingly interesting resource.
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