Israel: January 1, 2003

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: 10.0pt"> The Israeli economy, for the first time in half a century, has declined two years in a row (one percent last year, .9 percent the year before.) All this is the result of the two year war with the Palestinians. Before that, Israel's economy grew 7.4 percent in one year. The death toll in the violence has reached 2,811 (2,077 Palestinian, 685 Israeli).

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