Tuesday, 2 December 2014

Israeli PM Fires Top Cabinet Ministers


Israeli Prime Minister Benjamin Netanyahu said he will call early elections and fire his finance and justice ministers for opposing the administration’s policies.


Benjamin Netanyahu's office said on Tuesday he had ordered the dismissals of Finance Minister Yair Lapid and Justice Minister Tzipi Livni.

He also said he would dissolve parliament, a move that will set the stage for snap elections.

“In the past weeks, including the past 24 hours, Finance Minister Yair Lapid and Justice Minister Tzipi Livni have made harsh attacks against my government,” Netanyahu said in a text message.

The government has been teetering on the brink of collapse as Israel grapples with a slowing economy and escalating violence from Palestinians after the failure of the latest peace talks.


Last month, Fitch Ratings revised Israel’s debt outlook to stable from positive, citing the fiscal impact of Israel’s war with Gaza Strip militants in July and August, and political risks stemming from the stagnation of peace efforts.

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