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Israel in State of Emergency as 200 Large Companies Allow Employees to Protest Netanyahu – Latest Updates

Israel is in a State of Emergency, 200 Large Israeli Companies Allow Their Employees to Take Part in Netanyahu’s Demonstration

TRIBUNNEWS.COM – An association of 200 large Israeli companies reportedly gave their employees permission to take a week off to take part in protests against the Israeli government.

Publicly, the large demonstration called for Prime Minister Benjamin Netanyahu to be replaced because he was deemed to have failed to overcome the Gaza War, especially regarding the release of Israeli hostages and prisoners held by Hamas.

The demonstration was also aimed at putting pressure on the Israeli government regarding prisoner exchange negotiations with Hamas, Israeli media reported.

Also read: Tel Aviv’s Main Streets Totally Paralyzed, Thousands of Israelis Urge Natanyahu to Give in for Hostages

In more detail, these large Israeli companies announced that their employees could be absent or leave work early to take part in anti-government demonstrations without any deduction from their leave rights.

According to an Israeli news site, Israel Hayomthe CEOs of several companies argued and warned that Israel as a country is currently experiencing a “state of emergency”.

The forum consists of major private companies in Israel, which collectively employ most of the workforce in the private sector, as reported by Israeli news sites.

It is worth noting that Israel’s funding of the war in Gaza resulted in a credit rating downgrade for the first time in February.

At the time, Moody’s cut Israel’s credit rating by one notch, from A1 to A2, and noted the country’s poor finances.

The accompanying variable in the form of the ongoing Gaza war is also considered to “weaken Israel’s executive and legislative institutions.”

The ongoing Israeli aggression in Gaza led to a significant decline in private consumption and investment, accompanied by a surge in government spending due to the massive mobilization of reserve forces and widespread displacement of the Israeli population.

Israeli settlers demonstrate in Tel Aviv against Benjamin Netanyahu’s government on July 24, 2023.

Israeli Police Crackdown Against Protesters

At the same time, massive protests erupted in Tel Aviv on Saturday (30/3/2024) evening.

The large demonstration was reportedly attended by tens of thousands of Israeli settlers, who gathered to put pressure on the government.

Protesters took to the streets to force the government to speed up negotiations on a deal with Hamas and advocate scheduling early elections.

2024-03-31 14:06:36
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