Shimon Peres finally arranged private financing for his Red Sea - Dead Sea channel from Jewish billionaires. Ex-Soviet Jews readily recognize the communist mega-projects of turning the rivers backwards and connecting the seas.
A multibillion-dollar project spells ecological catastrophe for the Dead Sea and creates up to a million jobs primarily for Jordanians.
Peres, Jewish rich set to destroy the Dead Sea | |
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Past coverage: economy 
16.04 Bank of Israel: Israel is oligarchy
08.04 Finance Ministry refuses reimbursing Heftziba victims
22.03 Bank of Israel approves long-term intervention
22.03 Water crisis in Israel |
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