Israel: Help on the Way

While it did very well in its most recent military endeavors, Israel needs economic help. Last week more than 450 leading financiers, manufacturers and economists from 29 countries jetted to Jerusalem for talks on building up Israel's private sector. When the four-day conference ended, Premier Levi Eshkol could declare without over statement that it had "surpassed our most optimistic expectations."

The "millionaires' conference," as it was called, was almost as evangelical as it was economic. British Banker Sir Siegmund Warburg announced a new holding company that would pump an initial $100 million...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!