State report: Boycott could cost Israel NIS 40 billion per year

[Little Tich]

Source: Times of Israel

Finance Ministry economists outline range of scenarios from boycott by European stores to broad EU sanctions

Israel’s economy could lose up to NIS 40 billion ($10.5 billion) per year and thousands of people could lose their jobs if the country is subject to a full international boycott, according to a Finance Ministry report unveiled last week after a two-year battle.

The six-page report, completed in mid-2013, warns damage from an international boycott could range from approximately half a billion shekels ($130 million) per year and up to 500 people losing their jobs, to NIS 40 billion and 36,500 firings, depending on the scope of the boycott and its rate of adoption around the world.

The report, drafted by staff at the Finance Ministry during Yesh Atid leader Yair Lapid’s stint as finance minister in the last government, had been kept under wraps until now.

Read more: http://www.timesofisrael.com/state-report-boycott-could-cost-israel-nis-40-billion-per-year/

[Erich Bloodaxe BSN]

1. There's some interesting polling that Luntz did, that 'surprised and shocked' him

that was reported on in the Times of Israel, that shows that more Democrats are supportive of BDS than he expected, but that most Americans still don't even know what it is, and that it has a lot of room to grow yet. He was not a happy camper.

[leveymg]

2. Payup, or we shoot the puppy.