Israel’s gross national product (GNP) is estimated between $22-$23 billion and one quarter of it goes to defense and defense-related needs, according to Prof. Eitan Berglass, a leading economist, in a report to a joint panel of the Knesset’s Foreign Affairs and Security Committee and Finance Committee. Berglass noted that Israel pays to the U.S. each year about $1 billion in interest and principal on military aid loans. That burden has been eased.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
