Word: eshkol
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...weary of politics to hand-pick his successor: Ukrainian-born Finance Minister Levi Eshkol, 67, who has brought Israel from a hand-to-mouth economy to the point where its gross national product has risen an average of 11% annually over the past five years, and its dollar surplus is almost an embarrassment. Twice married but now a widower, Eshkol has four daughters, one of whom teaches dancing in Jerusalem, while another is a sergeant in the Israeli army. His new Cabinet strongly resembles Ben-Gurion's old one, and it is unlikely there will be any radical changes...
...Project. The governmental transition might have been uneventful except that, sure enough, Ben-Gurion suddenly withdrew his resignation from the Knesset, on condition that he would only attend parliamentary sessions if he felt like it. Neither Eshkol nor the opposition politicians were too happy about Ben-Gurion's keeping his foot in the door. Now, should Eshkol falter or a crisis threaten, Ben-Gurion might charge back into office to save the country from alleged disaster...
...large holdings in Bonds of Israel and was equally tired of parlor meetings. Impressed, Laskey bypassed Jewish-controlled investment houses to avoid any further tinge of sentiment, persuaded Manhattan's Paine, Webber, Jackson & Curtis to underwrite the plan. Visiting Israel, he also persuaded Finance Minister Levi Eshkol and the socialist Labor government to make concessions to the fund, including below-market-value sale of government-held stocks and an option eventually to purchase $50 million in such securities...
...luck.' " As the tanker passed through the narrow and disputed Strait of Tiran, the captain ordered the flag dipped in salute to the UNEF troops garrisoning the Egyptian base at Sharm el Sheikh. UNEF fired an answering rocket in recognition. "A historic day!" cried Israeli Finance Minister Levi Eshkol as the tanker began pumping its cargo into newly finished tanks on the barren shore. Israeli crowds went wild with excitement, dancing the Hora, and the national radio interrupted its Sabbath music program to announce the great news...
...striking professors at the Hebrew University of Jerusalem: ''The future of Israel in the Middle East depends on its position as a state highly developed in industry, technology and science. Yet professional workers are involved in a constant and exhausting struggle for economic survival." Finance Minister Levi Eshkol's reply was to say that the nation could not afford raises. Besides, he added. "I would rather burn the money than hand it over to the professionals...