A bank guarantee might be used when a buyer obtains goods from a seller then runs into cash flow difficulties and can't pay the seller. The bank guarantee would pay an agreed-upon sum to the seller. Similarly, if the supplier was unable to provide the goods, the bank would then pay the purchaser the agreed-upon sum. bank guarantee, like a line of credit, guarantees a sum of money to a beneficiary. Unlike a line of credit, the sum is only paid if the opposing party does not fulfill the stipulated obligations under the contract.
Various sects of Jews settled in caves overlooking the Dead Sea. The best known of these are the Essenes of Qumran, who left an extensive library known as the Dead Sea Scrolls. The town of Ein Gedi, mentioned many times in the Mishna, produced persimmon for the temple's fragrance and for export, using a secret recipe.
Death of the Dead Sea. The Dead Sea might finally live up to its name by 2050, scientists say. Four decades ago, the water level was 80 feet higher than it is today. Now itâs losing a meter of depth with each passing year.At current rates of exploitation, we can expect its holy waters to dry up in a few decades.oday, the Israelis simply call it the Sea of Salt, which is more to the point. Located in the depths of the Great Rift Valley, the Dead Sea is the planetâs lowest-lying land, with a shoreline 1,300 feet below sea level, about a quarter of a mile.