BEHIND THE HEADLINES, A VERY SICK ECONOMY.

Discusses the concern of American and Israeli economists that massive infusions of cash, like the promised loan guarantees, will increase Israel's dependence on handouts and make it even less likely to push needed economic reforms. Impact of ballooning deficits; Discussion on the powerful control of both the government and the national labor organization Histadrut; Comment on Israeli government's plan to announce relaxations of foreign exchange controls; Israel's vital statistics; Discussion on economic reforms.