Stanley Fischer, are you deserting a sinking ship?
Is the respected economist jumping the good ship Bank of Israel because economic havoc looms, or is he angling for a different job?
The timing of Stanley Fischer’s departure from his position as governor of the Bank of Israel could not have been worse – just one day after it became known that the Finance Ministry is facing collapse and the forecast for the 2013 and 2014 budgets are gloomier than ever. The last thing Israel needs now is to lose its highest-ranked financial leader.
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