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Israel By Yoni Weiss YERUSHALAYIM - President Reuven Rivlin speaks at the Business Conference in Romania on Wednesday. (Mark Neiman/GPO) President Reuven Rivlin and Prime Minister Florin Cîțu of Romania on Wednesday opened a business seminar attended by the Romanian minister of economy, entrepreneurship and tourism, Claudiu-Iulius-Gavril Năsui, and a delegation of Israeli business leaders and industrialists who are accompanying the President, led by president of the Israeli Manufacturers’ Association Dr. Ron Tomer and head of the Israel Export Institute Adiv Baruch, and leading Romanian business and economic leaders. “This economic seminar is of great importance. While government-to-government relations are a basis for official relations, business-to-business and people-to-people relations are the real basis for partnerships between people,” said Rivlin at the beginning of his remarks. “Economic cooperation between Israel and Romania has great ....
Rockets are launched from the Gaza Strip towards Israel, May 10, 2021. (AP Photo/Khalil Hamra) The 11-day conflict between Israel and Hamas led businesses to incur an estimated NIS 1.2 billion ($369 million) in damages, according to the Manufacturers Association of Israel. The group is calling on the government to compensate businesses that have been hit in a “fast and efficient” manner. Most of the damage was caused by a decrease in output, due to the fact that people did not come to work, the association said. Israel and Hamas agreed to a ceasefire that went into effect on Friday morning, ending 11 days of fighting that saw Hamas and other Gaza terror groups launch over 4,000 projectiles at Israel since May 10 and Israel in response carry out an extensive bombing campaign in the Strip. ....