Michael Bloomberg and Donald Trump: 24tv.
Billionaire and philanthropist Michael Bloomberg has announced the allocation of 100 million shekels to rebuild areas of northern Israel that have been devastated by the war. According to Time Ukraine Israel, citing Vesty, this amount is only the initial part of a large-scale project that aims to help revive the region, which is important to the Jewish people.
Details of the initiative
The Bloomberg-Sagol Centre at Tel Aviv University will fund projects aimed at reconstruction and support for local communities. The centre was founded by Michael Bloomberg and his Israeli partner Yossi Sagol.
To date, the Centre has engaged more than 60 experts who are working on the implementation of recovery projects in 40 local councils. James Anderson, a representative of the Bloomberg Foundation, said in a letter to local community leaders that their foundation is actively considering applications from the affected areas, trying to cover as many initiatives as possible.
Development strategy
The Bloomberg Foundation’s approach to recovery is systemic: it focuses on long-term community support, infrastructure modernisation and social development. The priority is to ensure community resilience and restore vital facilities.
Michael Bloomberg himself stressed that this project has not only humanitarian but also symbolic significance, as it supports a key region for the Jewish people.
Bottom line.
Bloomberg’s investment in northern Israel will not only help rebuild the region, but also set an example of international support and unity. Thanks to his initiative, dozens of communities will have a chance for a new life after the devastating effects of the war.
Time Ukraine Israel will continue to follow the development of this important project.
