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Israel: Turn gas to gold

Israel is putting together a plan for a national investment fund that would tap an anticipated natural gas bonanza to fuel both an export-geared economy and provide a nest egg of $10 billion in under a decade for future generations. Some of the revenues would be invested in strategically critical targets such as education, health, and using some of the proceeds to endow a new set of export-oriented, technology-based industries that would build on what has traditionally been the country's greatest resource: human capital. Based on Bank of Israel and Finance Ministry assessments, the fund could be managing $10 billion by 2021, with revenues starting to accumulate by 2015.

View Count: 345 Date: January 27, 2012

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  • adir999 January 28, 2012

    @skinnywhop87 you can lol as long as you want but Israel will gain the upper hand

  • FloralPrintVideoJamz January 28, 2012

    cant wait for WW3 start....once it start am going in middle east...

  • rangoon03 January 27, 2012

    Well I'm not a Jew & I'm not from Israel & I love the Jews ,Israel & feel certain that the hatred they often receive is down to jealousy at the fact that they are often utterly brilliant with a higher than average intellect. Don't worry you people of Isra

  • skinnywhop87 January 27, 2012

    @dtvdish0 lol Israel hates the rest of the world too? lol i would think so, since they're about to get fucked royally by a general assembly meeting

  • dtvdish0 January 27, 2012

    @skinnywhop87 don't worry son of a bitch we hate you too, and we sincerely hope you have a painful dead

  • dtvdish0 January 27, 2012

    BOYCOTT: mel gibson's new movie;How I Spent My Summer Vacation-2012 I am asking you to boycott the movie & tell other Jews If you recall mel's father denies that the Holocaust ever happened. mel supports his fathers beliefs. In July of 2006 Mel Gibson w

  • abarzilai664 January 27, 2012

    @skinnywhop87 The issue with Cyprus has already been resolved and they will partner with Israel to drill there as for Lebanon it's outside their territorial waters as the UN said but it's just sour grapes cause they never payed attention to the seabed

  • skinnywhop87 January 27, 2012

    Why are you making plans Israel? Haven't you heard the phrase "Don't count your eggs before they hatch" The gas reserves are NOT and I repeat NOT legally Israels yet. There's still a dispute on maritime borders between Cyprus, Lebanon and Israel. I

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