Israel's History:
1962

1962:
by Liat Tzoubari, 2002-2003 ECRUSY Israel Affairs VP

So, what exactly happened in Israel in 1962? Here's some info, just for you!

• Yerid Hamizrach, an international commercial fair, opens in Tel Aviv; 33 countries participate.
• An economic program which includes a large devaluation of the lira (Israel's currency) and the cancellation of subsidies on basic commodities leads to inflation and a rise of the deficit in the balance of trade.
• Adolf Eichmann is executed in Israel for his part in the Holocaust (May 31).
• President Ben-Zvi dies in office and Zalman Shazar is elected Israel's third president.
• Haifa University is opened.
• Archeological excavations begin at Masada, under the direction of Prof. Yigal Yadin.
• United States' sale of Hawk missiles to Israel is concluded.