Getting the Scoop in Israel —Sherburne

We began with a business update by Alon Bar-Shany, vice president and general manager, Indigo division, HP. Although not unaffected by the global economic crisis, Israel has continued to show positive GDP growth (4.2 percent in 2008, although it dropped to 1 percent in the second quarter of 2009). Prior to that, the country had four straight years of GDP growth in excess of 5 percent.