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Companies expected to say shalom to Israel. (part 1)

THE STATE OF ISRAEL, long considered inhospitable and unprofitable for foreign investment, exporting, and international business, is looking much more attractive, for a number of reasons.

Traditionally, many internationally-oriented firms have shunned doing business in Israel due to its socialist-type policies, regulatory burdens, and poor economy--not to mention the political burdens and risks of its state of war with its Arab neighbors. Today, though, each of those hurdles appears to be coming down.

The most immediately obvious shift is this month's breakt

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