Avi Gabbai has bravely shown the way, but Corbyn is only a part of a much larger problem. The Israeli Establishment is in deliberate, willful denial over the imminent rise to power of the Hard Left in the UK.» Read more
For the first time in a long time, there are grounds for serious concern about the direction of Israeli economic policy and hence for the well-being of the economy. This issue presents a detailed analysis of the country’s fiscal situation and why, despite the excellent record and significant achievements in this sphere over the last fifteen years, fiscal policy has become the weak link in what is still a generally strong macro-economic position.» Read more
March 25, 2018
The global stock market slump that began in January and picked up steam this month is a major development — both because of its causes and its consequences.
March 15, 2018
The passage, as well as the structure, of the 2019 state budget reflects the strange state of Israeli politics — but weirdness is inherently unsustainable.
Feburary 15, 2018 The very-long-awaited recommendations by the Israel Police regarding two (out of four, at least) investigations of Prime Minister Netanyahu, were announced last night: that the premier be indicted on charges of bribery in both cases. Whatever the strength of the legal cases (the experts differ), the political impact of this development is very limited. Even if the […]» Read more
January 29, 2018.
Trump’s presidency is not a fleeting phenomenon, but rather ‘an icebreaker’, smashing the established structure of American politics and portending systemic change. Israel has been there and done that, with interesting results.