Extraordinary details of how strikes brought Israel’s embattled government to its knees on Monday have been shared by the country's biggest trade union.
Benjamin Netanyahu's government was already under fire as mass protests broke out over sweeping judicial reforms on Monday and the sacking of defence minister Yoav Galant over his criticism of the plans.
Histadrut's international director Peter Lerner told The National the union’s co-ordinated actions “brought results in less than 10 hours”, and sent “a clear message that the Prime Minister needs to stop the reforms”.
“First it was Ben Gurion Airport stopping departures on Monday," he said. "Then municipalities and local authorities joined the strikes and then shopping centres. It was a systematic, co-ordinated effort that brought immediate results.”
The widespread strike action coincided with street protests in which an estimated 700,000 people came out against Mr Netanyahu's contentious legal overhaul. The actions forced the government to delay the parliamentary process to pass the bill and enter into negotiations with the opposition.
“Monday was a huge success for the union, who flexed only a little muscle to get what it wanted, without too many people paying the price,” Mr Lerner added.
The strikes have now been called off, after the government pledged to delay its plans for the judiciary to allow time for dialogue.
The coalition’s proposed reforms would limit the power of Israel’s legal institutions and increase the government’s ability to challenge court rulings and appoint legal officials.
Co-ordination was key to the union’s success, Mr Lerner said. “Each of the 29 affiliates of the union knows the plan about how they should withhold labour in the event of a general strike," he added.
Mr Lerner said the swift consensus in Histadrut’s diverse ranks showed that many in Israel feel “humiliated” by the coalition’s “undemocratic, winner-takes-all approach to governance”.
New polls make a similar assessment. On Monday, a survey by Israeli channel N12 News said that for the first time in a decade, Likud, the Prime Minister’s political party, would receive fewer than 30 seats if an election were held today.
Mr Lerner says an intransigent government is solely to blame for the strike. “Up until Monday the union’s position had been that these political debates need to be solved around political tables with dialogue and discourse. But the events preceding Monday’s demonstrations were the straw that broke the camel’s back.”
He was referring in particular to Mr Netanyahu’s decision to fire Mr Gallant, who publicly called for a halt to the reforms on Sunday evening, saying they posed a “tangible threat” to Israel’s security as more and more people in the armed forces threatened not to show up for duty in protest over the government’s plans.
“Just last week, the Chairman of the Joint Chiefs of Staff in the US said Iran was a few months away from a nuclear bomb,” Mr Lerner said.
“All Israelis know that our country is surrounded by enemies. That is why so many people poured out into the streets after the defence minister said the country was being weakened. Israelis are very attuned to what the security community is saying.”
Mr Lerner said many others in the defence establishment were in favour of the strikes. “Under the roof of Histadrut, all sectors of Israeli society gathered on Monday morning in our conference room, from business leaders to former generals and the former chief of the Shin Bet. Many of these groups would normally have been head-to-head with one another.”
The assembly even included high-profile members of Likud. “The head of the workers committee in the Israel Airports Authority is a very strong and well-connected figure within Likud,” Mr Lerner explained.
“In television interviews yesterday, he was saying that he is a very strong supporter of Mr Netanyahu and the government, but that what is happening with the reforms and how they are being rolled out is wrong for society.”
He said the success of the strike action showed the enduring power of the union movement in Israel.
"Like the military, unions are central to Zionism. We were established in 1920, 28 years before the State of Israel came into existence. Our movement was fundamental in laying the foundations for the country.
“There hasn’t been a general strike in many years. But that's not because we don't know how to or can't, it is because we prefer to sit around the table and negotiate good terms for workers.”
He also predicted a rise in membership. “Our numbers were already growing by about 2 per cent each year, which is quite different from most trade union movements around the world,” Mr Lerner said.
“Our numbers grow, because we are effective in the collective bargaining agreements that we sign and the security that we offer our members,” he added. “I think yesterday’s action is an opportunity to make the trade union movement in Israel even broader.”
But he stressed the importance of wielding such power with restraint. “There is real power in unions, but strikes are still a very blunt weapon. They can be damaging, and need to be used with a high level of wisdom,” he said.
For now, Histadrut is closely monitoring the government’s next moves.
“Mr Lerner said: We need to see if the promised delay and dialogue is actually going to happen. Remember, another general strike general is always possible.”
JOKE'S%20ON%20YOU
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Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EDirect%20Debit%20System%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20Sept%202017%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20with%20a%20subsidiary%20in%20the%20UK%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Undisclosed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Elaine%20Jones%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3C%2Fp%3E%0A
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
ESSENTIALS
The flights
Emirates flies direct from Dubai to Rio de Janeiro from Dh7,000 return including taxes. Avianca fliles from Rio to Cusco via Lima from $399 (Dhxx) return including taxes.
The trip
From US$1,830 per deluxe cabin, twin share, for the one-night Spirit of the Water itinerary and US$4,630 per deluxe cabin for the Peruvian Highlands itinerary, inclusive of meals, and beverages. Surcharges apply for some excursions.
The%20specs
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Spare
Profile
Company name: Spare
Started: March 2018
Co-founders: Dalal Alrayes and Saurabh Shah
Based: UAE
Sector: FinTech
Investment: Own savings. Going for first round of fund-raising in March 2019
Visit Abu Dhabi culinary team's top Emirati restaurants in Abu Dhabi
Yadoo’s House Restaurant & Cafe
For the karak and Yoodo's house platter with includes eggs, balaleet, khamir and chebab bread.
Golden Dallah
For the cappuccino, luqaimat and aseeda.
Al Mrzab Restaurant
For the shrimp murabian and Kuwaiti options including Kuwaiti machboos with kebab and spicy sauce.
Al Derwaza
For the fish hubul, regag bread, biryani and special seafood soup.
57%20Seconds
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How%20to%20avoid%20getting%20scammed
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Top%2010%20most%20competitive%20economies
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BORDERLANDS
Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis
Director: Eli Roth
Rating: 0/5
UAE rugby in numbers
5 - Year sponsorship deal between Hesco and Jebel Ali Dragons
700 - Dubai Hurricanes had more than 700 playing members last season between their mini and youth, men's and women's teams
Dh600,000 - Dubai Exiles' budget for pitch and court hire next season, for their rugby, netball and cricket teams
Dh1.8m - Dubai Hurricanes' overall budget for next season
Dh2.8m - Dubai Exiles’ overall budget for next season
Heavily-sugared soft drinks slip through the tax net
Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.
Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.
A 680ml can of Arizona Iced Tea costs just Dh6.
Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.
Mohammed bin Zayed Majlis
Green ambitions
- Trees: 1,500 to be planted, replacing 300 felled ones, with veteran oaks protected
- Lake: Brown's centrepiece to be cleaned of silt that makes it as shallow as 2.5cm
- Biodiversity: Bat cave to be added and habitats designed for kingfishers and little grebes
- Flood risk: Longer grass, deeper lake, restored ponds and absorbent paths all meant to siphon off water
Killing of Qassem Suleimani
Arctic Monkeys
Tranquillity Base Hotel Casino (Domino)
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
'Will%20of%20the%20People'
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