The Israeli economy is now in its largest recession, as a result of the Palestinian intifada. The 32- month-old intifada has also caused a dramatic increase in defense spending that has caused budget shortfalls in social services, according to the Israeli business newspaper Globes.
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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.