Political Issues

As I'm sure everyone is now aware, a flotilla of ships heading to the Gaza Strip territory was raided yesterday by a team of Israeli commandos. The world media is now debating the legitimacy of the action, as well as the long term viability of the blockade of the Gaza Strip territory. Tensions are high and opinions on both sides are heated.

Given the growing significance of this incident over the past 48 hours, in the Mediterranean off Israel, I think it's worth taking a moment to offer some brief comments as to its affect on 1) our group, 2) our program going forward, and 3) on business in general in Israel.

First, as to any immediate impact on our group, there is none. In Haifa, where we are based, we are about as far from the Gaza Strip as one can get in Israel. Additionally, as of right now, there have only been limited protests in Tel Aviv, Jerusalem, and the occupied territories. The feeling is, as of right now, that cooler heads will prevail. Hopefully, this will now be resolved purely through diplomatic channels.

Second, as to the long term impact on the program, this is also a non issue. To be sure, we as a group are watching and following the news with care. That being said, the direct impact on us in Haifa is muted. From my perspective, these issues could conceivably be happing on the other side of the earth - as opposed to down the coast in Gaza.

Lastly, business as usual goes on in Israel. In this part of the world, things happen. If one were unable to quickly adjust, then one would get nothing done. For example, in Haifa during the 2006 Lebanon War, over 6,500 Qassam rockets fell throughout the region. My teammates at the Technion related that they continued going to work and university throughout this period, despite the threat. For myself as an American these reactions seem cavalier and reckless. For Israelis, it's a given. Life goes on.

I will be watching with interest and with care as this issue develops over the following weeks. For now however I will follow the example of my Israeli teammates, push forward and continue working.
The views expressed on this site are those of Daniel Branscome, hereafter referred to as "the owner", and do not necessarily represent those of the University of Maryland, the Robert H. Smith School of Business, or the Technion. All content provided on this blog is for informational purposes only. The owner makes no representations as to the accuracy or completeness of any information on this blog or found by following any link on this blog. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.