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November 21, 2012 11:31 am

Even as Rockets Rain Down, Israeli Economic Strength Recognized

avatar by Maxine Dovere /

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Ido Aharoni, consul general of Israel in New York, at the New York Stock Exchange's "Israel Day" Tuesday. Photo: Maxine Dovere.

NEW YORK—On Nov. 20, for the sixth consecutive year, the New York Stock Exchange (NYSE) recognized the innovative technology and business acumen that characterizes the Jewish state at its “Israel Day.”

The event took place in the midst of high tension from ongoing Gaza rockets, but even as Israelis were forced into shelters, the Tel Aviv stock exchange rose 28 points, noted Laurence Leibowitz, chief operating officer of the NYSE Euronext International Listing.

The importance of Israel Day could not be greater, said Leibowitz. “In Israel, they do what they do,” he said, stressing the importance of ensuring that investors are not fearful about investing in Israel.

Ido Aharoni, the Consul General of Israel in New York, said the Israel-Gaza conflict is not about land, but about Israel’s very right to exist.

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“One indicator of Israel’s resilience is the behavior of Israel’s stock market,” he said.

“Israel is the living proof that it is possible to defend yourself and be successful!” Aharoni added.

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