An alleged shoplifting incident in Hong Kong in 2006 has become a major issue over whether Yaakov Frenkel will return to his former post as Governor of the Bank of Israel, replacing Stanley Fischer who is quitting in mid-term to return to the United States. Prime Minister Binyamin Netanyahu’s nomination of Frenkel two weeks ago […]
Outgoing Governor of the Bank of Israel Stanley Fischer was rushed to a Tel Aviv hospital Tuesday night after complaining of exhaustion, but he is being released on Wednesday. He was suffering from dehydration. "The Governor is now feeling better. He remained in hospital overnight for observation and will be released to go home today,” […]
The money markets can relax. There is economic growth after Stanley Fischer, who has decided that Israel is not his home. Prof. Yaakov Frenkel, who once headed the Bank of Israel, is returning.