Israel: An Economy Minister's Wet Dream

The Israeli economy grew by an annualized 6.1% in the third quarter, and business product grew by 6.6%, the Central Bureau of Statistics reported today. The figures show that the economy has remained unaffected by the weak dollar and the sub-prime crisis in the US. Private consumption rose by 6%, investment rose by 24%, export grew by 18%, while import rose 6%. Public consumption fell by 1.5%. Source: Globes today.