This is one of the best images the Israeli social protest has produced: the Governor of the Bank of Israel and former chief economist at the World Bank Stanley Fischer walking out of a cultural event in central Tel Aviv, surrounded by protesters who happened to be gathering at a nearby square when they spotted him. The protesters shouted, “government and capital equal organized crime,” at Fischer and his wife (video here).
While government officials praise Fisher for his term at the Bank of Israel, many protesters blame him for pursuing a monetary policy that supports big business instad of the middle class, and for letting Israel’s real estate prices skyrocket. Fischer will complete his term at the Bank of Israel in a few weeks.
(Photo by Ilai Ben Amar; click for full size)