Israel has been accepted into the Organization of Economic Development and Cooperation, according to YnetNews. This is great news for Israel and for the rest of the countries in the OECD, as economic development is always a good thing. I hope this is just the beginning of greater cooperation between Israel and other European and world nations.
Of course, this must be awful news for the HPers who wait by their computers forecasting Israel's economic doom. Poor guys, they wish so hard, it must suck to have reality not meet their hopes.
[H/T Elder of Ziyon]