“Israel is at war and needs us now more than ever.” This is the tagline on a prominent banner sprawled across the homepage of the international website of the Development Corporation for Israel. The DCI—better known as Israel Bonds—was founded in 1951 with the express goal of floating bonds to fund the economically constrained Israeli state, founded three years earlier in 1948. As important as they were in the formation of the State of Israel, today, the bonds play a “crucial role”, as the website puts it, in a “time of conflict and war” following the October 7 attack by…
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