Lapid: Israel Has Monster Overdraft, I'll Have to Become 'Mr. No'

Yair Lapid starts his stint as finance minister by admitting that things are likely to get worse before they get better.

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Finance Minister Yair Lapid started his first week of work by telling activists from his Yesh Atid party that Israel’s fiscal situation is far worse than he had imagined, and warned that he would have to...