TLR 194- Who Won? What Happens Next?

September 19, 2019
The Israeli election of 2019 turned out to be a match with two ‘legs’. For people who don’t follow football (soccer in the US), let me explain what that means: the teams play each other twice, once at ‘home’ and once ‘away’ (at the other team’s home ground). The result is the cumulative outcome of the two legs.

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CURRENT ACCOUNT DATA FOR Q2 2019

September 16, 2019
Bottom line: April-June 2019 saw one of Israel’s largest-ever quarterly current account surpluses. This was achieved despite falls in the value of trade in both goods (smaller deficit) and services (smaller surplus), from the record levels posted in both of these in the first quarter of 2019. The key to the large surplus was the $600m surplus on primary income – highlighting the trend underway in this area in recent years, from deficit to surplus. I expect this to continue.

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TLR 193- Hot and Getting Hotter

August 30, 2019
This issue was intended to be focused on the economy, highlighting the growing problems in key areas of policy, as well as the major social and economic issues that are of concern to most voters, but are not being discussed in the election campaign. However, as so often in Israel, urgent developments demand immediate attention and thus take precedence over longer-term issues. The discussion of fiscal and monetary policy, of stagnant exports and of the woes of the health, welfare and education systems will be deferred, but not for long – since none of those problems will disappear, but rather they will wait to greet the next government and demand its attention.

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The ostrich farm

August 2, 2019
“If he becomes Prime Minister, I’m out of here the next day”.

Commonly-heard comment from British Jews.

The ‘he’ referred to in the quote is not Boris Johnson, the country’s new premier — but rather Jeremy Corbyn, the leader of the Labour party. It is Mr Corbyn, not Mr Johnson, from whom British Jews are threatening to run away.

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