Features
Jaron Rykiss’s half-year spent on exciting “Kivunim” program in Israel cut short by COVID
By BERNIE BELLAN
In 2019 Winnipegger Jaron Rykiss embarked on what, for almost any recent high school graduate, would probably be considered the adventure of a lifetime.
Jaron, who had just graduated from Gray Academy in the spring of last year (and doesn’t that seem like an eternity ago, even though it’s really only a little more than a year and a half ago?), had decided to enroll in a program that is probably not all that familiar to many Winnipeggers, known as “Kivunim”.
Kivunim, which means “directions” in English, is a program begun in 2006. Here is how the Kivunim website explains what it’s all about:
“KIVUNIM succeeds in delivering an immersive and transformative gap year experience of serious academic study, focused international travel and cross-cultural dialogue. These take place within the context of impressive intellectual and aesthetic exploration and growth that develops and deepens our students’ Jewish identity as engaged global citizens.
“KIVUNIM students forge a lifelong connection with Israel and the Jewish people through thoughtfully and intentionally-designed travel experiences that impart what other Jewish education programs can only envy: a nuanced and integrated understanding of Jewish civilization through sophisticated contact with the remarkable spectrum of religious traditions, cultures and world views among which the Jewish people grew throughout our 2,000-year Diaspora. Israel, our gap-year program home for the academic year, provides a challenging and surprisingly inspirational setting for appreciating the possibilities of Muslim-Jewish and Christian-Jewish co-existence and informs our broader international encounter with ‘the other’.”
Sounds pretty fantastic – right? And for any graduating high school student with the resources to participate in a program like this, it has to be considered a dream come true.
I spoke with Jaron Rykiss about his experience in Kivunim, which sadly for him and everyone else in the 2019-20 program, was cut short by COVID.
I began by asking Jaron how he heard about Kivunim in the first place?
Jaron explained that back in high school he was very involved with BBYO. Through BBYO he was exposed to a certain amount of international contact and realized “that there’s more to life than just Winnipeg”.
As graduation from Gray Academy was approaching Jaron “sat down with Avi Posen” (who was still in Winnipeg at that point, although in the fall of 2019 Avi himself made aliyah to Israel with his wife, Illana Minuk), and “we began talking about the possibility of a gap year” (the year between graduating from high school and entering a post-secondary institution).
After spending considerable time researching various programs Jaron came upon Kivunim which, he says, was perfect for someone like him – someone who didn’t have much experience outside of Winnipeg.
I asked Jaron whether he had ever been to Israel before?
He answered that he had – “twice” – once when he was nine, for a family occasion, and then again in 2017 when he was one of the students participating in the P2G (partnership together) program that Gray Academy has with Dancinger High School in Kiryat Shemonah, Israel. “That was really when I fell in love with the country,” he noted.
Fast forward to September 2019 and Jaron is in Jerusalem – “which is now my favourite city on the planet,” he said. There were 54 students in the program with Jaron – mostly from the U.S., but one other Canadian from Toronto as well.
“We all lived in a dormitory together – in the Mamillah area,” Jaron explained.
Under the original plan, Jaron said, he would have been in the program for eight and a half months, which would have taken him to the end of May.
As it was, he came back in March of this year – “exactly five months after I left”.
I asked Jaron at that point to describe what exactly he was studying during the program?
He answered: “The program goes to show you religion in other countries, so we spent the year studying Judaism, Islam…a Buddhist monk came to live with us for a couple weeks in Jerusalem and then when we got to India he showed us around.”
Which countries did Jaron actually visit as part of Kivunim? I asked.
Jaron said that the first month was spent in Jerusalem, followed by what was supposed to have been the first of several international trips.
“We ended up going to Greece and Bulgaria for two weeks,” after which the group returned to Israel for a month and a half, then India, but trips to Spain, Portugal, Italy, Germany, Hungary and Morocco were all canceled due to the outbreak of COVID.
“We were supposed to end up in Morocco and meet the king there,” Jaron noted. “It’s too bad that never happened.”
(Jaron added that they were also supposed to visit Turkey at the same time as they visited Greece and Bulgaria, but that didn’t happen either. As he explained, “there were a lot of political issues” – what with the heightened civil unrest in Turkey at that time.)
What was the actual learning experience like? I wondered.
Jaron described the learning as “experiential”.
“While we were in Israel we would study the places we were going to visit,” Jaron observed, “then we would experience what we had just learned about – so it was a combination of classroom and experience.”
I was still uncertain, however, what the overall purpose of the program was – beyond exposing students to a wide variety of experiences.
According to its website, Kivunim aims to provide a “liberal arts” type of education: “The power of conceptual and intellectual integration is the ultimate (and all-to-often illusive) goal of a liberal arts education.
The website goes on to say:
“Why do we train our children in the liberal arts? It is not because these studies can grant someone virtue, but because they prepare the soul for accepting it.”
“KIVUNIM represents the beginning of a unique intellectual journey for our students and our staff and faculty. KIVUNIM succeeds in creating a thoughtful, comprehensive, and resilient intellectual foundation for our students and alumni.”
Here are the five courses taught to students in Kivunim. (There are no optional courses and all students must take the same five courses):
Civilization and Society: Homelands in Exile
Land, People, Ideas: The Challenges of Zionism
Hebrew Language and Literature
Arabic Language and Culture
Visual Learning – The Art of Seeing
A more detailed examination of each course gives a clearer understanding of just what it is that Kivunim is attempting to convey to students. Here, for instance, is an excerpt from the course outline of Land, People, Ideas: The Challenges of Zionism: “Here we seek to make the history of the Zionist movement come alive and allow KIVUNIM students to truly appreciate the capacity of the human being to become an historical actor: to make things happen. The course explores the growth of Pan-Arab nationalism and the specific development of Palestinian identity and nationalism. We encourage our students to imagine solutions while studying problems and to develop their sense of empowerment in glimpsing a future more positive than the past or today.”
If this all seems slightly airy-fairy, then I wondered how a program like this would be perceived by other institutions of higher learning – for instance, at a university here in Manitoba? After all, on its website Kivunim maintains that its courses will give students 30 academic credits, which would be equivalent to a normal year of study in an Arts program at a Manitoba university.
Jaron, who is now enrolled in an Arts program at the University of Manitoba, said that the university has not yet accepted for credit all the courses that he took in Israel.
Thus far, he has received credit for two of the courses: “Civilization and Society: Homelands in Exile”, and “Land, People, Ideas: The Challenges of Zionism”.
He noted though that he is being asked to take aptitude tests in both Hebrew and Arabic to determine whether the courses he took in those languages will be accepted for credit. As for the fifth course – “Visual Learning”, he explained that he is not expecting to obtain credit for that course, since it was more of a “photography” course than anything.
The problem, however, as Jaron noted during our conversation, is that due to COVID, so much of the university’s decision making is backed up that he doesn’t know how long it will be before he knows what the status of the two language courses that he took will be vis-à-vis receiving credit for them.
As far as his future studies go, Jaron added that he plans on majoring either in Political Studies or Philosophy, with his ultimate goal to get into law. (By the way, did I mention that Jaron’s grandfather is Jack London, about whom I have a review of his book elsewhere in this issue? As a disclaimer though, I want to explain that I contacted Jaron long before I knew that Jack had even written his memoir.)
One final aspect of the Kivunim program that hasn’t been mentioned yet in this article is the question of cost. I sent an email to the Kivunim program, asking for information as to the cost of the program. Here is the response I received:
“Our tuition is $55,000 which includes room and board, international travel, academics, a round trip from New York, etc. Tuition plus a small fee also includes 30 academic credits from Hebrew College (a full college year) accepted by most colleges in the U.S. and Canada. Every year we offer scholarships and interest free loans. We give about 40-50% of our students scholarship each year. Jaron’s year, 45% of students received a scholarship totaling approximately $375k.” (By the way, as one might expect, Kivunim is not being offered in person this year, although there is an online program.)
Features
Bias in America’s Colleges Produced Modern Anti-Zionism
By HENRY SREBRNIK Jon A. Shields, Yuval Avnur, and Stephanie Muravchik, professors at the Claremont Colleges in California, have just completed a study, “Closed Classrooms? An Analysis of College Syllabi on Contentious Issues,” published July 10, 2025, that draws on a database of millions of college syllabi to explore how professors teach three of the most contentious topics: racial bias in the criminal justice system, the Israel-Palestine conflict, and the ethics of abortion.
They used a unique database of college syllabi collected by the “Open Syllabus Project” (OSP). The OSP has amassed millions of syllabi from around the world primarily by scraping them from university websites. They date as far back as 2008, though a majority are from the last ten years. Most of the data comes from universities in the United States, Britain, Canada, and Australia.
“Since all these issues sharply divide scholars, we wanted to know whether students were expected to read a wide or narrow range of perspectives on them. We wondered how well professors are introducing students to the moral and political controversies that divide intellectuals and roil our democracy. Not well, as it turns out.”
In the summary of their findings, “Professors Need to Diversify What They Teach,” they report that they found a total lack of ideological diversity. “Across each issue we found that the academic norm is to shield students from some of our most important disagreements.”
Teaching of Israel and Palestine is, perhaps no surprise, totally lopsided, and we’ve seen the consequences since October 7, 2023. Staunchly anti-Zionist texts — those that question the moral legitimacy of the Israeli state — are commonly assigned. Rashid Khalidi, the retired professor of Modern Arab Studies at Columbia, is the most popular author on this topic in the database. A Palestinian American and adviser to the Palestine Liberation Organization delegation in the 1990s, Khalidi places the blame on Israel for failing to resolve the conflict and sees the country’s existence as a consequence of settler-colonialism.
The problem is not the teaching of Khalidi itself, as some on the American right might insist. To the contrary, it is important for students to encounter voices like Khalidi’s. The problem is who he is usually taught with. Generally, Khalidi is taught with other critics of Israel, such as Charles D. Smith, Ilan Pappé, and James Gelvin.
Not only is Khalidi’s work rarely assigned alongside prominent critics, those critics seem to hardly get taught at all. They include Israel: A Concise History of a Nation Reborn by Daniel Gordis, a professor at Shalem College in Israel. Gordis’s book appears only 22 times in the syllabus database. Another example is the work of Efraim Karsh, a prominent historian. His widely cited classic, Fabricating Israeli History, appears just 24 times.
For most students, though, any exposure to the conflict begins and ends with Edward Said’s Orientalism, first published in 1978. Said is the intellectual godfather of so many of today’s scholars of the Middle East, thanks in no small part to this classic book. Said was a Palestinian-American academic, literary critic, and political activist from a prominent Christian family. Educated at Princeton and Harvard Universities, two of America’s most distinguished centres of higher learning, he taught at Columbia University, another Ivy League institution, until his death in 2003.
Said was no crude antisemite. His writings were aimed at academics and intellectuals and he has, in my opinion, done more damage to the Jewish people than anyone else after 1945. Said claimed to be the first scholar to “culturally and politically” identify “wholeheartedly with the Arabs.” But he was also a political activist for the Palestinian movement opposing the existence of Israel.
Said warned PLO leader Yasir Arafat that if the conflict remained local, they’d lose. Join “the universal political struggle against colonialism and imperialism,” with the Palestinians as freedom fighters paralleling “Vietnam, Algeria, Cuba, and black Africa,” he advised.
(In this he was not the first, though. Fayez Sayegh, a Syrian intellectual who departed for the United States and completed his Ph.D. at Georgetown University in 1949, preceded him. Also an academic, his 1965 monograph Zionist Colonialism in Palestine stands as the first intellectual articulation of Zionism as a settler colonial enterprise, arguing that the analytical frameworks applied to Vietnam and Algeria apply equally to Palestine. The treatise situated Zionism within European colonialism while presenting it as uniquely pernicious.)
Israel’s post–Six-Day War territorial expansion helped Said frame Israel as “an occupying power” in a 1979 manifesto titled The Question of Palestine. Alleging racial discrimination as the key motive was a means of transforming the “Zionist settler in Palestine” into an analogue of “white settlers in Africa.” That charge gained traction in a post-Sixties universe of civil rights, anti-imperialism, anti-colonialism, and Western self-abnegation. The work sought to turn the tables on the prevailing American understanding of Israel: It is not, in fact, an outpost of liberal democracy or refuge from antisemitism, but an instrument of white supremacy.
Orientalism popularized a framework through which today’s advocates on behalf of Palestinians understand their struggle against the state of Israel and the West generally. Said casts the Western world as the villains of history and peoples of the East as its noble victims.
The essence of the book, Said concluded, is the “ineradicable distinction between Western superiority and Oriental inferiority.” It falsely affirms “an absolute and systematic difference between the West, which is rational, developed, humane, superior, and the Orient, which is aberrant, undeveloped, inferior.”
So it was impossible to take Zionism seriously as one among the myriad nationalist movements that emerged in the nineteenth century, much less to see Israel itself as a land of refugees or the ancestral homeland of Jews. And, indeed, Said’s Orientalism singles out Israel for special rebuke, suggesting that the state could be justified only if one accepted the xenophobic ideology at the core of Western civilization. Israel’s defenders, particularly those who lament the lack of democracy in the Middle East and fault Arabs for their militancy, represent the “culmination of Orientalism.”
Said is widely acknowledged as the godfather of the emerging field of postcolonial studies, and his views have profoundly shaped the study of the Middle East. Said also inspired – and in some cases directly mentored – a generation of anti-Zionist U.S. scholars whose dominance in the academic study of the area is unquestionable today.
The political left that emerged trained itself to read every conflict as the aftershock of colonialism. The ideological narrative of oppression and resistance allowed even the jihadist to become a post-colonial rebel.
It’s hard to overstate the academic influence of Orientalism. The authors note that “As of this writing, it has been cited nearly 90 thousand times. It is also the 16th most assigned text in the OSP database, appearing in nearly 16 thousand courses.” Orientalism is among the most popular books assigned in the United States, showing up in nearly 4,000 courses in the syllabus database. Said’s work appears in 6,732 courses in U.S. colleges and universities.
But although it was a major source of controversy, both then and now, it is rarely assigned with any of the critics Said sparred with, like Bernard Lewis, Ian Buruma, or Samuel Huntington. Instead, it’s most often taught with books by fellow luminaries of the postmodern left, such as Frantz Fanon and Judith Butler.
All these ideas are now embedded into diversity, equity, and inclusion identity politics, and “humanitarian” outrage over supposed Israeli “settler-colonialism,” “genocide,” and “apartheid.”
The ground for the massive pro-Hamas college and university encampments, and attacks on Jewish students, was prepared decades ago. The long march of progressives through American institutions over the past decades has taken its toll on society.
Henry Srebrnik is a professor of political science at the University of Prince Edward Island.
Features
Exchange Rate Factors: What Global Events Mean for Savvy Investors
When Russia invaded Ukraine in 2022, it created ripples in all financial markets, including currency markets. The Euro weakened while the dollar surged and emerging market currencies wobbled. Global factors can quickly affect financial markets and shake established trends. Apart from such rare events, currencies tend to change their price because of interest rates, inflation, and overall investor confidence. For investors managing money abroad, understanding these movements is critical to avoid losses and mitigate risks.
Below, we will break down how global political, economic, and cultural events influence exchange rates, with insights for savvy investors.
Economic factors
There are several key exchange rate factors with a consistent history of shaking financial markets. These factors include inflation, interest rates, trade balances, employment rates, and so on. Since economic factors are shaping markets almost daily, we start with those.
Inflation and interest rates
Inflation and interest rates are closely connected as one can easily affect the other. When inflation rises, central banks step in and raise interest rates to reduce inflation, and when inflation is lower, central banks can lower interest rates to make borrowing money cheaper. As a result, investors closely monitor these two metrics to anticipate changes in interest rates. Higher inflation makes currencies weaker, and whenever banks change the rates, the changes are immediately reflected in global currency rates. In the United States, the Federal Reserve is the central bank that sets interest rates in the country.
Trade balances and economic growth
A country that exports more than it imports has a stronger demand for its currency. More demand equals a stronger currency. However, the Japanese yen was always weaker against the dollar because the BOJ of Japan tends to have super low rates near 0 to support its exporters. Economic growth also increases demand for local currency as more investors try to invest in the country’s economy. Long-term investors often track this data to detect early signs of any changes in currency strength.
Political and geopolitical factors
Elections, sanctions, and overall political stability are also crucial factors. If the country gets under sanctions, its economy crumbles and its currency becomes inflationary, losing its value quickly. Elections are also crucial for a currency’s strength. Geopolitical events can have a serious impact on the currency as well. The most obvious example is the 2016 Brexit events that made GBP lose its value rapidly and violently. Global conflicts, such as wars, can seriously impact global financial assets, especially currency markets. When tensions are high, safe-haven currencies like USD and CHF (Swiss Franc) become very popular among investors as they seek a safe place to protect their capital.
Cultural and social factors
People like tourists, workers, and diaspora communities can shape currencies as well. Tourism usually drives seasonal demand, and countries that are popular destinations during certain seasons experience their currency appreciation as demand spikes. The perception matters as countries seen as safe and opportunity-rich tend to attract more investors, solidifying their currency strength.
Technology and innovation
Technology is seriously affecting everything, especially the financial sector. Digital payment systems, blockchain technology, and fintech startups have made it easy and swift to move money around. Cryptos and stablecoins enable investors to protect their capital using stablecoins during volatile times. The latest trend among banks is to work on CBDCs, which signals a new era where national currencies are blended with technology and blockchain. Despite this, currencies, even in their crypto form, will continue to be influenced by all major factors mentioned above, and knowing how these factors impact your currency is key to keeping your capital safe from risks.
Practical lessons for savvy investors
So, what do all these factors teach us about global currency rates and investing strategies? The key lies in proper preparations and anticipation. Monitoring macro trends, policy announcements, and major geopolitical and political developments is critical.
Diversify
The number one method which is used by professional investors is diversification. This simply means to spread your risks across a basket of assets. By not investing all your capital in one instrument, you can mitigate risks. If one asset experiences a loss, other ones will counter it with returns. Building a diversified portfolio is key to properly diversifying. For example: divide your capital to buy stocks, commodities, currencies, and cryptos so that if one fails to perform, others will counter it. This ensures a stable income without unnecessary losses in the long run.
Hedge
Forex options and ETFs are great hedging assets. Forex options let investors lock in an exchange rate for a future date, which is very useful if you expect volatility but want stability. Currency ETFs, on the other hand, track specific currencies or a basket of currencies and allow easy trading or protection without trading forex directly, but they are still risky.
Monitor the economic calendar
Economic calendar is a free online tool that aggregates important macroeconomic news data such as interest rate decisions, CPI, inflation, employment rates, central bank announcements and speeches, and other crucial information. By monitoring them, investors can always know when important news data will be released, and they can postpone their investment decisions to avoid volatile times and only invest after the main trend is determined.
Features
The Canadian Dollar is on a slow decline. Should you save in euros or US dollars instead?
The Canadian dollar has been losing its value against the dollar this year. For Canadians, this raises a simple question: if your CAD is losing ground, is it better to move savings into euros or U.S. dollars, especially bonds, stocks, or a carry-trade strategy? Carry-trade strategy in this context means to borrow in CAD and invest it in the USA or the EU zone. This is a complex matter, and to understand where the CAD is, how attractive other currencies might be, we need to analyze these currencies more deeply. Below, we will walk you through the data, practical costs, and risks so you can reach a usable conclusion after reading this guide.
Quick snapshot – What the markets say right now
Recently, the Canadian dollar has hit multi-month lows due to weaker oil prices and a post-Fed (U.S. Federal Reserve) market reaction (which raised the rates, making the CAD weaker against the dollar). Canada’s central bank has cut its policy rate to 2.25%, while the Fed’s fund rate remains notably higher at about 3.75-4%. The ECB (European Central Bank) main interest rates are lower than the Fed’s and near the low-to-mid 2% range. While the Euro currency to USD rates remain mostly predictable, due to higher US bond yield rates, the EUR remains stronger, still. The U.S. 10-year Treasuries are around 4.1%, Canada’s 10-year near 3.2%, and Germany’s 10-year around 2.7%, meaning that today the USD-denominated bonds have the highest nominal yield among the three. As a result, the dollar seems much more attractive when it comes to bond yields and stocks.
Bonds – Which currency is the best for fixed income?
The short answer is: USD bonds. When it comes to nominal yield alone, US bonds beat almost all other competitors. U.S. government bond yields (10-year) are noticeably higher than Canadian and German/Eurozone bond yields right now. As a result, US bond buyers have more income potential than Canada and the EU. Euro-area core yields are lower, meaning they are paying less than the USA.
However, nominal yield does not mean it is guaranteed real return, and metrics like inflation, currency rates, and hedging costs can impact potential returns directly. If you buy USD bonds but the dollar falls against the CAD, currency losses will most likely wipe out the higher yield rate. If the Fed lowers its rates, it will make the dollar weaker against the CAD and EUR.
Another challenge is that, if you live and spend in Canada, you are using CAD, and when exchanging it for dollars, you get exposed to foreign currency rate risks, which must not be underestimated.
Stocks – Euro or dollar?
Both the EUR and USD have their advantages. USD has strong liquidity and strong long-term performance, while EUR equities offer valuation opportunities and recent relative strength.
Why USD?
The U.S. market remains the most liquid stock market with strong earnings for many tech and large companies. This makes USD stocks very attractive for long-term-oriented investors. S&P has been rising historically, and even after crashes, it often recovers its value relatively quickly.
Why EUR?
European indexes have performed well this year and in many cases cost less than their U.S. counterparts. While cheaper does not always mean better, these indexes still have some growth potential. Some major banks in the EU zone, together with industries, have recovered strongly with a recent focus on military manufacturing, making many EU stocks very attractive, together with local indexes.
However, here is a caveat: if you are using CAD daily and it loses its value against the euro, the returns from euro holdings might shrink, exposing you to greater currency risks.
Carry-trade analysis – Is it viable to borrow CAD and invest it in USD or EUR?
The basic promise of carry-trade is simple yet powerful: you borrow cheaper currency and invest it in currencies with higher yields. In our case, is it lucrative to borrow in CAD and invest in either EUR or USD? To answer this question, we need to look at numbers. BoC policy rate is 2.25%, Fed funds from 3.75%, U.S 10-yr is 4.1%, Canada 10-yr is 3.2%. If we deduct Canadian rates from the U.S. rates, we get around 1.8% positive before costs. So, in theory, it could be lucrative to invest CAD in USD assets using a carry trade. Since the ECB has around 2%, it is not profitable to use a carry-trade strategy for the euro.
The bottom line
While the CAD has been weakening lately, it is still not cheap enough to naively invest in USD or EUR. However, if you want a pure yield and can tolerate foreign exchange rate risks, USD bonds are more attractive today. When it comes to stocks, USD equities provide stable and liquid markets. If you want valuation potential and diversification, then euro equities have become more attractive this year. When it comes to carry-trade strategies, the USD remains more lucrative than the euro, but on paper, traders and investors should evaluate all the risks and costs before investing in any currency.
In the end, Canadians who have CAD for their daily costs should be careful when trying to get exposure to other markets. US bonds, US stocks, US carry-trade, and EU stocks remain attractive choices for experienced investors.