Shalom Life | March 31, 2015

Fischer Gets Unexpected Support for IMF Bid

Palestinian PM Fayyad calls Fischer a "superb human being."

By: David Shear

Published: June 12th, 2011 in Business » World

Fischer Gets Unexpected Support for IMF Bid

Stanley Fischer, Israel's central bank chief, has been given the nod of approval from an unexpected supporter, the Palestinian prime minister.

Fischer, who announced his candidcy for the head of the International Monetary Fund, is being called a "superb human being" and one that would make a "great managing director," by Salam Fayyad.

Although the Palestinian Authority does not participate in the selection process, Fayyad said that should he had a vote, he would have cast it for Fischer.

Fayyad, a former IMF offical, has known Fischer for for two decades, since the time the two of them worked together at the IMF.

Fischer was born in Zambia but holds an Israeli citizenship. He has held the top jobs at the World Bank and Citigroup Corp before taking on his current role at the Bank of Israel where he has helped make Israel one of the world's strongest economies per capita.

Despite the outstanding qualifications, Fischer has one major strike against him his age. Traditionally the IMF has not accepted candidates under 65 years old. Fischer is 67.

Study: Israeli Women Believe Being A Female Breadwinner is "Unfeminine" Study: Israeli Women Believe Being A Female Breadwinner is "Unfeminine" TrendingNew Toronto Marketing Agency Finds the Most Influential Social Media Users to Effectively Market Your Brand New Toronto Marketing Agency Finds the Most Influential Social Media Users to Effectively Market Your Brand TrendingHackers Threaten Israel with 'Electronic Holocaust' Hackers Threaten Israel with 'Electronic Holocaust' Trending
 

Study: Israeli Women Believe Being A Female Breadwinner is "Unfeminine"

March 31, 2015 | By Caitlin Marceau
Study: Israeli Women Believe Being A Female Breadwinner is "Unfeminine"

In a recent study at the University of Haifa, women admitted to working unpaid hours, and performing unpaid tasks, believing that asking for equal pay is seen to be as unfeminine

Read More

Wonderful Initiative Helps Over 100 Orphaned Boys Celebrate Bar Mitzvah Together

March 31, 2015 | By Caitlin Marceau
Wonderful Initiative Helps Over 100 Orphaned Boys Celebrate Bar Mitzvah Together

Colel Chabad organization holds event at Western Wall and International Convention Center in Jerusalem

Read More

New Toronto Marketing Agency Finds the Most Influential Social Media Users to Effectively Market Your Brand

March 31, 2015 | By Sy Berg
New Toronto Marketing Agency Finds the Most Influential Social Media Users to Effectively Market Your Brand

Using a complex algorithm, The Leaders are able to recruit users with high rankings on social media, and utilize their influence to increase brand recognition for clients like Google and L'Oreal

Read More

5,000-Year-Old Beer-Making Pottery Discovered in Central Tel Aviv

March 31, 2015 | By Itay Blumenthal
5,000-Year-Old Beer-Making Pottery Discovered in Central Tel Aviv

Archaeologist: 'Tel Aviv has been city that never sleeps for thousands of years'

Read More

Here's Every Jew and Israel Joke Trevor Noah Has Made on Social Media

March 31, 2015 | By Daniel Koren
Here's Every Jew and Israel Joke Trevor Noah Has Made on Social Media

People are furious with the South African comedian tapped as Jon Stewart's replacement for 'The Daily Show'

Read More

ADL: 21% Increase in anti-Semitism Across the U.S.

March 31, 2015 | By JNS.org
ADL: 21% Increase in anti-Semitism Across the U.S.

anti-Semitic incidents rose substantially from 2013 to 2014, says the Anti-Defamation League

Read More

The Iron Dome of Jewish Leadership

March 30, 2015 | By Ambassador Danny Ayalon
The Iron Dome of Jewish Leadership

Yeshiva University has created an "Iron Dome" of Jewish leadership, arming a generation of young men/women with the skills they need to tackle any religious, societal, or communal challenge that lies ahead

Read More

More Headlines