A group of Ultra-Orthodox Jewish schools has come up with a divine solution for surviving the worldwide financial crisis — prayer.
On Thursday evening, 11 prominent Jewish seminaries plan to hold simultaneous prayer sessions for the recovery of the global economy. They hope their prayer will help their donors to keep funding their cash-strapped schools.
Because Israel holds a special place in the hearts of Jews across the globe, many organizations rely heavily on the largesse of Jewish donors worldwide.
As a result, the seminaries aren't the only institutions feeling the pinch from the crash of world markets and the weakening of the U.S. dollar versus the shekel in the past year.
Israeli hospitals, universities, synagogues and other non-profits all report financial struggles because donors have been tightening their belts.