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Israel s Finance Minister should try unpaid leave - Opinion

Get email notification for articles from Nehemia Shtrasler Follow Apr. 15, 2021 11:36 PM The economy is reopening, kids are going back to school. Everything is moving, everything is changing. But Herod remains Herod. He’s not budging. He knows everything better than everyone. He’ll continue refusing to listen to any of the professionals in his office and continue handing out billions to the general public without no accounting and no conscience. According to both the “economic safety net” law approved by the Knesset in July 2020 and economic common sense, Finance Minister Yisrael Katz should already be cutting the unemployment benefits paid to people on unpaid leave. The unemployment rate fell to 9.8 percent in March, which is below the 10 percent cutoff stipulated in the law.

Israel s finance minister defies economists on unemployment benefits

Follow Apr. 7, 2021 The elections are over for now, but Finance Minister Yisrael Katz is continuing to pursue policies counter to the advice of his professional staff and business organizations. With the unemployment rate rapidly dropping, Katz announced on Wednesday that he would seek to rescind rules due to set into motion an automatic drop in jobless benefits. The announcement came after the Central Bureau of Statistics reported earlier on Wednesday that Israel’s broad unemployment rate had fallen to 12%, equal to half a million people, in the first half of March. Using the jobless measure by which benefits rates are calculated, unemployment dropped to 9.8% in the first half of March.

Binyamin Netanyahu for President?

YERUSHALAYIM - Prime Minister Binyamin Netanyau. (Yonatan Sindel/Flash90) Prime Minister Binyamin Netanyahu‏‏ may not be able to assemble a 61-MK majority for a new government, but he does have the votes to elect him as Israel’s next president. At least, that is, according to a senior Likud source quoted The Jerusalem Post. “I know for a fact that most of the MKs would vote for him, if he decides he wants to be president,” the source said. “It’s all in Netanyahu’s hands.” The source added that there would also be sufficient support to change the vote for president in the Knesset from a secret ballot to an open one, which would likely favor Netanyahu.

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