Word: perese
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The Israeli government, however, considers the new U.S. policy a godsend. It is hoping that thousands of such emigres will now actually come to the Jewish state and help balance the rapidly growing Arab population. Finance Minister Shimon Peres announced during a visit to Washington last week that Israel expected...
Arguing that the basic proposal was still intact, Shamir called Labor's impending withdrawal "misguided." Labor leader Shimon Peres countered that "there is no reason to remain in the government," but invited Shamir to "retract" the appended conditions, which include barring East Jerusalem's 140,000 Palestinian residents from participating...
Shamir's move jeopardized his fragile coalition with the rival Labor Party and threatened to strain relations with a Bush Administration eager to get peace talks under way. Charging that Likud had "put heavy handcuffs on the peace process," Finance Minister Shimon Peres fumed, "Shamir can agree to Sharon's...
The stunning upset ended decades of Labor Party dominance in numerous key regions. With more Labor strongholds expected to fall in runoff elections scheduled for next week, Labor leader Shimon Peres grudgingly agreed to an investigation into the humiliating defeat.
But the new Finance Minister is determined to make austerity stick. Said Peres: "I came to the Treasury to carry out a task, not to look for approval."