Britannia Radio

Ex-PMs Barak and Netanyahu in secret power-sharing talks as Kadima votes for next leader September 16, 2008, 6:43 PM (GMT+02:00) Livni, Mofaz's PM bid ambushed by Barak-Netanyahu's secret scheme Defense minister Ehud Barak of Labor and opposition leader Binyamin Netanyahu of Likud are in advanced negotiations to rotate the premiership between them in order to cut the ground from under ruling Kadima which votes for a new chairman Wednesday, Sept. 17. The ultra-religious Shas is in on the plan. This is reported by DEBKAfile’s political circles. Foreign minister Tzipi Livni and transport minister Shaul Mofaz are front-runners for the post to succeed Ehud Olmert.  More...

US Federal Reserve pumps $50 billion into financial system DEBKAfile Special Report September 16, 2008, 6:39 PM (GMT+02:00) Sacked The move was taken urgently Tuesday, Sept 16 to ease credit stresses in addition to the $20 bn slated for regular market operations. US, European banks scrambled to rescue Goldman Sachs by mergers as well as other falling institutions after Lehman Brothers and Merrill Lynch sank. Israel’s defense minister, Ehud Barak, Tuesday, Sept 16, cut through treasury and official spokesmen’s anodyne comments on the global financial crisis’ impact on Israel, and said the finance minister Ronnie Bar-On must call an urgent conference and get down to brass tacks on the damage and how to control it. More...