Israeli Shares Drop Most Since March on Hamas-Fatah Accord, Syria Unrest
Bloomberg / Ronit Goodman
01-May-2011 (one comment)

Israel’s benchmark stock index tumbled
the most since March, led by Perrigo Co. (PRGO), as Prime Minister
Benjamin Netanyahu said an agreement between Hamas and Fatah
should concern the world.

Perrigo, the maker of over-the-counter drugs, dropped the
most since Nov. 30 and Gazit-Globe Ltd. (GLOB), a multinational real-
estate investment company, tumbled to the lowest in almost a
month. The Tel Aviv 25 Index (TA-25) of the country’s 25 biggest
companies lost 1.7 percent, the most since March 15, to 1,292.55
at 1:48 p.m. in Tel Aviv, bringing the four-day drop to 3.7
percent.

Hamas, an Islamist group that rules the Gaza Strip, and
Fatah, which holds sway in the West Bank, signed a preliminary
agreement on April 28 to end their almost four-year divide, form
a unity government and hold elections. The U.S., the European
Union and Israel<... >>>

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Simorgh5555

Iranians are occupying Arab land!

by Simorgh5555 on

It happens in Iran as well!

 The Arab league, founded in 1945, demanded independence for Arabistan, and the province remained one of the focal points of Arab nationalism throughout the 1950s. In 1958 a radical Arab nationalist government took power in neighboring Iraq and drastically increased the outside support for the nascent Arabistani nationalist movement. Exile nationalist organizations, based in the Iraqi capital, Baghdad, directed operations in the province, with strikes, demonstrations, and the sabotage of pipelines and oil refineries becoming common practice.


The Iraqi government temporarily suspended overt aid to the national movement following the resolution of a long-standing border dispute with Iran in 1975. However, in 1979 Iraq resumed its support of the Arabistani nationalists following the revolution that brought a radical Islamic government to power in Iran. The Arabistanis, viewed by the new Islamic government as potential agents for rival Iraq, suffered severe suppression even though they had initially supported the revolution. Betrayed by the revolutionary government, the Arabistanis launched a renewed campaign of sabotage.