May 3, 2026 - 18:31

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.
October 31, 2026 - 08:06
Mohawk Industries Inc (MHK) Q3 2026 Earnings Call Highlights: Strong Cash Flow and Share ...Mohawk Industries Inc (MHK) reported $390 million in free cash flow and repurchased $261 million of shares during the third quarter of 2026, according to the company`s latest earnings call. The...
October 30, 2026 - 18:32
Civeo Reports Third Quarter 2026 ResultsCiveo Corporation held its third quarter 2026 earnings call, giving investors an update on operations across its hospitality and workforce accommodation segments. Management opened with a review of...
October 30, 2026 - 01:54
PennyMac Financial Services (NYSE:PFSI) misses Q3 2026 revenue estimatesPennyMac Financial Services reported third quarter 2026 results that fell short of market expectations on the top line. The mortgage banking company posted revenue of 469 million dollars, a decline...
October 29, 2026 - 08:03
Trican Well Service Q3 Results Show Profit Recovery Against Margin PressureTrican Well Service has reported its third quarter 2026 financial results, and the numbers present a mixed picture for investors to weigh. The company posted earnings of CA$0.23 per share on...