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Full Story: Yahoo News 11 November 2011
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| Photo: israeliran.net |
A leading Israeli investment firm says, "Any military strike on Iranian nuclear facilities would exact an economic price too high for the world to accept, and as a result, it would likely acquiesce to a nuclear Iran," reports Yahoo News Thursday.
Amir Kahanovich, chief economist at Clal Finance, one of Israel's largest brokerage houses, warned that a sharp rise in the price of oil, the costs of war and the damage to global trade would be too great and deter world powers from taking any serious action.
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