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Yitzhak Tshuva: I will build the Peace Channel By TheMarker Staff Tags: U.S. Israel Executive Summit "Together with President Shimon Peres and the King of Jordan, I believe we will succeed in building the Peace Channel," Yitzhak Tshuva said Wednesday morning in New York at the opening of the two-day U.S. Israel Executive Summit. He was refering to the link between the Red and Dead Seas. The conference was held at Tshuva's Plaza Hotel, and marked an informal reopening for the hotel and apartment complex. The conference, initiated by TheMarker, focused on deepening business ties between Israeli and American executives. Tshuva seemed to be rather excited as he rose to speak, accompanied by the song "My Way." Advertisement In his welcoming remarks, Tshuva said that while Israeli businessmen were succeeding all over the world, and Israeli minds were sought after everywhere, there is a need to invest in Israel to continue the country's development. Tshuva also revealed that he will reopen the Plaza soon with a "royal" celebration. He added that only deep ties between Israel and its neighbors can bring peace in the region. Hundreds of the most senior representatives of Israeli business packed the conference, held in a renovated hall reminiscent of a 19th century ballroom. The first day of the conference highlighted the Israeli economy and ways to bring investors to the country. "I have a lot of respect for Yitzhak Tshuva. He has done something incredible with the Plaza," real estate magnate Donald Trump told the summit yesterday afternoon. Trump owned the the Plaza at one time, but said he still has feelings for the place. As for more mundane issues, Trump told the conference attendees he expects the U.S. real estate market to bottom out in 6-12 months, but added he personally expects to make a lot of money off the slowdown since there are a lot of good properties worth buying. He said he can now buy things he couldn't buy two years ago. He said the Manhattan real estate market is in excellent shape, maybe the best ever. As for Israel, Trump said he loved the country and had visited a few times. He said there was even a park named after him - after he donated money for it. As for whether he intends to invest in Israel, Trump responded to the question saying he was about to build a building here, but the site was sold first. He said he might do a deal with Tshuva, and there were also interesting places to build in the Far East and Russia. But Israel is now a hot location, said Trump, adding he never would have said that 4 or 5 years ago. Bookmark to del.icio.us   Power to the people Egypt plans to provide all of Gaza's electricity, to wean dependency on Israel. Calculated escalation Hamas has been trying for some time to create a balance of deterrence with Israel.

Today Online 2 IDF soldiers, 61 Palestinians die in Gaza clashes Responses: 578 Barak: Hamas will pay for its escalation in the south Responses: 465 Analysis: Uncompromising Hamas is in trouble Responses: 242 Bradley Burston: True Islam will spell defeat for the Jihadists Responses: 125 When McCain and Obama face off, Israel may find itself in the eye of the storm Responses: 127 More Headlines 01:42 2 IDF soldiers, 61 Palestinians die in Gaza clashes 00:12 5 hurt in Ashkelon as close to 50 rockets hit southern Israel 00:15 PA suspends peace talks with Israel over Gaza violence 00:48 Family and friends gather to pay respects to fallen IDF soldiers 00:17 Meshal: Gaza is 'real holocaust,' armed resistance only option 00:18 Vice Premier: Reoccupying Gaza will hurt Israel more than help it 00:19 ANALYSIS / Gaza raids met by loud silence from the Arab world 08:38 Ban: Hezbollah hindering talks on prisoner swap 22:40 N.Y. Plaza Hotel, co-owned by Israeli and Saudi groups, reopens doors 20:27 Lebanese TV: Saudi, Kuwait urge nationals to leave Lebanon 07:53 Israeli tennis star Peer upset in semifinals of Memphis tourney Previous Editions Select Day 29 feb 28 feb 27 feb 26 feb 25 feb 24 feb 22 feb 21 feb 20 feb 19 feb 18 feb 17 feb

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