May 132013
Protests in Tel Aviv mirror images in Athens and Madrid but demonstrators lack central leadership or united ideas.
from Al Jazeera
"Talk of austerity measures, budget cuts and street protests seem more European than at home east of the Mediterranean. Saturday night's protests in Tel Aviv mirrored the images seen from cities such as Athens and Madrid in recent years.
"Israel has not escaped the effects of the global economic crisis, leading to a budget deficit of 4.2 percent of GDP last year. Politicians say extreme measures are needed to avoid total economic collapse.
"Those measures were revealed last week in the form of Finance Minister Yair Lapid's budget proposal for 2013 and 2014. Massive spending cuts and widespread tax increases were not easy reading for most Israelis. …."
© Copyright 2013 Al Jazeera, All rights Reserved. Written For: StraightGoods.ca
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