bulletinhistoryconnectmaincategories
missionhelpchatblogs

Gov’t approves Smotrich ally Israel Malachi as Finance Ministry director-general

May 3, 2026 - 18:31

Gov’t approves Smotrich ally Israel Malachi as Finance Ministry director-general

The government has approved the appointment of Israel Malachi as the new director-general of the Finance Ministry, a move that has drawn sharp criticism from opposition figures. Malachi is a close associate of Finance Minister Bezalel Smotrich, raising concerns over the politicization of a key bureaucratic post.

Malachi previously served as the treasurer of the Yesha Council, the administrative body that oversees over 40 Israeli settlements in the West Bank. His background in settlement governance and his direct ties to Smotrich have led opponents to argue that the appointment prioritizes ideological loyalty over professional merit.

Critics say the role of director-general is meant to be apolitical, managing the ministry's day-to-day operations and budget. They worry that Malachi's appointment could shift the ministry's focus toward settlement expansion and other hardline policies. Supporters, however, defend the choice, noting that Malachi has extensive experience in financial management and public administration.

The approval comes as the government continues to push forward with a controversial judicial overhaul and budget negotiations. Malachi will replace the previous director-general, who stepped down earlier this year. His tenure is expected to begin immediately, with a mandate to oversee the ministry's operations and implement Smotrich's economic agenda.


MORE NEWS

Japan’s Katayama Declines to Comment on FX Intervention For Now

May 3, 2026 - 01:04

Japan’s Katayama Declines to Comment on FX Intervention For Now

Japanese Finance Minister Satsuki Katayama has declined to confirm or deny whether the government intervened in the foreign exchange market last week to prop up the yen. When pressed by reporters...

Micron vs. SanDisk: Which Stock Is the Better Buy for the AI Boom?

May 2, 2026 - 22:38

Micron vs. SanDisk: Which Stock Is the Better Buy for the AI Boom?

Both Micron Technology and SanDisk have dramatically outpaced the broader S&P 500 index over the past year, riding the massive wave of demand for artificial intelligence infrastructure. However,...

Inside Italy’s secret ‘Cheese Bank,’ where Parmigiano Reggiano becomes financial gold

May 2, 2026 - 10:23

Inside Italy’s secret ‘Cheese Bank,’ where Parmigiano Reggiano becomes financial gold

In the quiet countryside of northern Italy, rows of massive wheels of Parmigiano Reggiano rest on wooden shelves inside climate-controlled warehouses. These are not just aging rooms for cheese....

What to watch as Greg Abel leads his first Berkshire Hathaway Conference

May 1, 2026 - 23:21

What to watch as Greg Abel leads his first Berkshire Hathaway Conference

For the first time, Greg Abel will lead the annual Berkshire Hathaway shareholder weekend, stepping into the role long held by Warren Buffett. The event, a major gathering for investors, comes with...

read all news
bulletinhistoryconnectmaincategories

Copyright © 2026 Coinlyt.com

Founded by: Eric McGuffey

missionhelpchatpicksblogs
data policycookiesterms of use