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Deal signed to oust Israeli Prime Minister

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According to new reports, Israel’s opposition party has secured the numbers to form a new majority government in Israel.

Yair Lapid  from the centrist Yesh Atid party, has just announced that a deal has been reached.

“I am honoured to inform you that I have succeeded in forming a government,”

Mr Lapid told President Reuven Rivlin in an email, according to his office.

Lapid was seeking the support of a right wing politician, Naftali Bennett, expected to become the country’s Prime Minister.

Under the agreement, Lapid and Bennett will split the job of prime minister in a rotation.

Bennett will serve the first two years, while Lapid will serve the final two.

This follows Lapid securing a number of deals, to help lock in the numbers and form the new majority.

“This government will work for all Israel’s citizens, those who voted for it and those who did not. It will respect its opponents and do all it can to unite and connect all parts of Israeli society,”

Lapid said on Twitter.

Over the past week, Prime Minister Benjamin Netanyahu has been appealing to his fellow right-wing politicians to not join the proposed coalition.

Prior to a new government being formed, the members would still be required to achieve a vote of confidence in Parliament, which may prove difficult.

If the vote is not successful, Israelis may be back to the polling booths.. for the fifth time in five years.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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