The World Economic Forum's Global Competitiveness Report ranked Israel in 16th place, up eight places from last year and the first time it ranked among the index's top 20 nations.
Once again, Israel has been recognized as a leading force in the technology sector and many leading global high-tech companies have found that Israel is an ideal place to establish an innovation center.
Prime Minister Benjamin Netanyahu showed US Secretary of State Kerry a video clip that documented examples of Palestinian incitement by the political leadership, the media and the education system, which is a decisive factor in catalyzing the current wave of Palestinian terrorism.
Kerry acknowledged that some of the massive funds that Iran will get in sanctions relief as a result of the nuclear deal are likely to reach terrorists.
In what appears to be another outrageous lie, the Palestinian Authority leader claimed that he tried meeting Netanyahu to resume negotiations but was rebuffed.
Prime Minister Benjamin Netanyahu is in Switzerland for the World Economic Forum in Davos, where he plans to present on the Israeli economy, focusing on Israel's leadership in the high-technology and cyber-technology fields.