HEADLINES FROM THE HEBREW PRESS

HA’ARETZ 1. Deal of the decade: Biggest global investor acquires control of ISCAR from Wertheimer for $4 billion.


BUFFET: I WILL CONSIDER ADDITIONAL INVESTMENTS IN ISRAEL.
Olmert calls to congratulate Eitan Wertheimer: „Great gift to Israel.” The stock exchange: Following acquisition, dollar will fall and stock market will rise. The family: Eitan Wertheimer – „I am different with Buffett behind me.” (…).
2. FIVE RESISTANCE COMMITTEES MILITANTS KILLED IN GAZA STRIP BY AIR FORCE FIRE.
Police prepared for Hebron evacuation.
3. ILAN MIZRAHI TO CHAIR NATIONAL SECURITY COUNCIL INSTEAD OF GIORA EILAND.
4. OLMERT’S FIRST DAY AT PRIME MINISTER’S OFFICE.
Senior Kadima figure: United Torah Judaism and Meretz will join coalition soon.
HATZOFEH
1. Today: New Government has first Olmert-era meeting.
SIEGE IN HEBRON.
Large police and army forces set up barriers around Beit Shapira and have not been allowing access to site since Friday. Police to carry out actual evacuation while IDF will guard protestors and prevent arrivals to area. High Court of Justice approved evacuation but judges told state representatives that they hope lessons from Amona have been learned and that there will not be any harsh confrontations. Hebron residents: No alternative to confrontation – families will not evacuate voluntarily. Confrontations broke out after midnight between residents and security forces.
2. RECORD INVESTMENT.
American tycoon Warren Buffett acquired 80% of ISCAR from Steff and Eitan Wertheimer for $4 billion. Largest-ever acquisition of Israeli company (…). Buffett: No dismissals at ISCAR. Olmert: „Move will provide great momentum to Israeli economy.”
3. FIVE GAZA STRIP TERRORISTS ELIMINATED BY AERIAL FIRE
4. MERETZ CLOSE TO JOINING COALITION.

MA’ARIV
1. Israeli company ISCAR sold for $4 billion.
THE ISRAELI DREAM.
Steff Wertheimer established ISCAR in Nahariya shed; yesterday it was sold in largest deal in country’s history. Legendary investor Warren Buffett bought company for NIS 20 million.
2. PROFIT TO STATE: $1 BILLION.
Wertheimer to pay 25% tax.
3. BUFFETT TO MA’ARIV: THIS IS ONLY THE BEGINNING.
Says: „I will invest more in Israel.”
4. BARRICADING AHEAD OF EVACUATION OF HOUSE IN HEBRON.
Concern: Events of Amona to repeat themselves.

YEDIOT AHRONOT
1. Tycoon Warren Buffett buys Galilee’s ISCAR for $4 billion and says: I believe in the Israeli economy.
DEAL OF THE MILLENIUM.
State to receive $1 billion in taxes from ISCAR sale and Finance Ministry is considering perk for public: Lowering VAT.
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SUMMARY OF EDITORIALS FROM THE HEBREW PRESS

Hatzofeh discusses Prime Minister Olmert’s Knesset speech last Thursday and asserts that, „Olmert is basing his policy on the demagogic and mendacious claim that ‘The continued dispersed settlement throughout Judea and Samaria creates an inseparable mixture of populations which will endanger the existence of the State of Israel as a Jewish state’.” The editors believe that, „Today, it is possible to create a separation between Jewish settlement blocs and Palestinian blocs without dismantling any settlements,” but adds, „Of course, nobody will discover this fact because uprooting communities has became the main thing.”

Hatzofeh, in its second editorial, believes that IDF soldier Hananel Dayan should receive a citation for refusing to shake IDF Chief-of-Staff Lt.-Gen. Dan Halutz’s hand at the outstanding soldiers’ awards ceremony that was held at President Moshe Katsav’s residence on Independence Day.
Yediot Ahronot suggests that the symbolic value of the decision to raise the price of bread bodes ill for the Government’s policies toward the poor.
Yediot Ahronot, in its second editorial, commends Steff Wertheimer’s enterprising spirit in founding ISCAR and building it up over the years.
BreuerPress-info