israel

Israel Facing Shock of Netanyahu Resignation

By John Waage
CBN News Sr. Analyst

CBN.com – JERUSALEM, Israel - Israeli Finance Minister Benjamin Netanyahu shook up his country's government when he resigned from the cabinet Sunday.

He stepped down after the cabinet voted for the forced evacuation of three Jewish settlements in the Gaza Strip.

Netanyahu said the government's "blind insistence" on the Gaza pullout will create a base for terrorists, and put Israel and the west in danger.

Netanyahu said, “I think there is a great battle in the world today, between the forces of terror and the forces of freedom. The only way that we can win this battle - anywhere, everywhere - is by confronting terror, and not appeasing it. Appeasement doesn't work. You can try to go around this a hundred times. It just doesn't work.”

As finance minister, Netanyahu had been working to cut taxes and unshackle Israel's economy. The Israeli stock exchange reacted to his resignation with the biggest one-day drop in three years.

Ehud Olmert, a Sharon loyalist, will replace Netanyahu as finance minister. Netanyahu will now lead the opposition to Sharon within the Likud Party, and will almost certainly run against Sharon for the Likud's top spot in the next elections.

In the meantime, the cabinet vote means that the first eviction of the Jewish settlers could be just days away. Many who are about to lose their homes are still holding out hope.

“We didn't have any high expectations from the government, so we are not surprised or disappointed by the recent decisions. We hope that when the government isn't acting logically, the people will… act sensibly and help us save this situation,” remarked Gaza Strip resident Hadassah Diom.




CBN IS HERE FOR YOU!
Are you seeking answers in life? Are you hurting?
Are you facing a difficult situation?

A caring friend will be there to pray with you in your time of need.

Become a CBN Partner and receive Pat Robertson's new DVD: Keys To Financial Security.

Do you Know Jesus?
Grow in your Faith. Free Courses.

What Our Partners Are Doing

America in Crisis

Operation Blessing is at work and helping here in the USA, where many people are already feeling the impact of an economic downturn.

Is There A Promise For You?

Jerry told Maryum the Lord said He was going to get them a house in 8 months. Jerry followed God's directions and got his house and 64 more!

Frontlines Register/Login Partner Magazine

CBN Partners
Find out how CBN Partners are changing the world!