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Once the game was finished, however, those who stayed tuned to Israeli radio and TV heard a shocking message. Premier Yitzhak Rabin, 55, had waited for game's end to take to the air waves and declare another stunning upset-his own. Rabin announced to the country that he would not lead his ruling Labor Party in the May 17 elections -and that he wanted to resign immediately. His reason: he and his wife Leah had held two U.S. bank accounts in violation of Israeli law, and their value was far higher than the couple had earlier admitted...

Author: /time Magazine | Title: ISRAEL: The Sad Downfall of Yitzhak Rabin | 4/18/1977 | See Source »

...hospital after a severe heart attack, and Yigael Yadin, head of the upstart Democratic Movement for Change, is fighting libel charges. Even so, Labor Stalwart Abba Eban confessed to doubts that the party "can still turn the wheel and gain momentum." If not, the sad end of Yitzhak Rabin could be followed by the demise of the Labor government he has suddenly ceased to lead...

Author: /time Magazine | Title: ISRAEL: The Sad Downfall of Yitzhak Rabin | 4/18/1977 | See Source »

With the downfall of Yitzhak Rabin and the emergence of Shimon Peres as leader of the Labor Party, Israeli citizens have been deprived of their favorite blood sport: the ferocious, nonstop struggle for power and prestige between their Premier and their Defense Minister. For the past three years virtually every Israeli domestic, foreign and military policy issue has engaged the two contestants in loud public attacks and counterattacks, which occasionally subside into sotto voce snarling and low-key muttering...

Author: /time Magazine | Title: The World: Step by Step with Shimon Peres | 4/18/1977 | See Source »

...damn it, whispers a military historian, Hail to the Chiefis an old rouser going back to the 19th century, which is used to lift spirits and tell people the President is there. The history of those honor guards that Carter is curtailing-Israel's Prime Minister Yitzhak Rabin rated only a four-man color guard-goes back to the Bible; in the U.S. they have been lined up for 200 years according to the manual of Baron von Steuben. There is protest that a patriotic message that has reverberated through every city and hamlet is being muted...

Author: /time Magazine | Title: THE PRESIDENCY by HUGH SIDEY: Simplicity or Mediocrity? | 3/28/1977 | See Source »

...began with an apparent error of inexperience. Greeting Israeli Prime Minister Yitzhak Rabin, the President said that Israel should be granted "defensible borders" in any peace agreement with the Arabs. Since "defensible borders" has been a code phrase for Israel's argument not to return the Arab lands it has occupied since the 1967 war, Carter's statement alarmed State Department officials and Arab diplomats...

Author: /time Magazine | Title: THE ADMINISTRATION: Do-lt-Yourself Diplomacy | 3/21/1977 | See Source »

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