The most important rules governing high-speed electronic trading weren’t written by market regulators, New York’s attorney general or a computer whiz. They were formulated a century ago when Albert Einstein figured out nothing could travel faster than light.
Israel has found it’s no easy task to find a successor to President Shimon Peres, the 90-year-old Nobel peace laureate and statesman who imbued his largely ceremonial office with a prestige far beyond its powers.
Israel’s formula for boosting trade to China is to hang at the Expo Museum in Shanghai. It’s E=mc2, the Albert Einstein discovery that the government uses to symbolize the virtues of its technology companies.