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This is how the news missed the report of the observers on the Israeli economy - voila! Barangay

2024-02-11T07:23:40.926Z

Highlights: Moody's report is like an observer's report on the Gaza border from October 6. The media was supposed to be a mediating factor: once to bring the news as it is and another time with the interpretation of it. The main item in the main Shabbat news release was brought to you by the Prime Minister's economic advisor/Flash 90, Yonatan Zindel. In a normal country, a special broadcast evening would be dedicated to news like this. In France, for example, there were already hundreds of thousands on the streets.


Moody's report is like an observer's report on the Gaza border from October 6. What did they do in the main newscast so that we don't wake up to economic October 7? Not much and certainly not enough


Prof. Avi Simhon.

The main item in the main Shabbat news release, brought to you by the Prime Minister's economic advisor/Flash 90, Yonatan Zindel

Economy is a strange animal: on the one hand, it is a pocket animal, that is, it practically exists in the pocket of each of us: in the wallet, in the bank account, in savings and debts.

On the other hand, it is a rare animal, in the sense that it is sometimes difficult for us to follow its behavior.



The media was supposed to be a mediating factor: once to bring the news as it is and another time with the interpretation of it, the way they do with security or politics:



first of all they bring the news in a way that is supposed to be unbiased, then move on to the interpretation, which is partly "objective" with or without Quotation marks, for example when (if we take News 12, the most watched) Yaron Avraham or Dafna Lial interpret the political headline of the edition, or when they bring us the same two parties who express an opposite ideology, for example in the case of Amnon Abramovich and Amit Segal.



When there is an event, for example in the security arena, a military commentator will also often sit in the studio, usually a major general - and so on, according to the topic.

Where do we fall in not being able to mediate the meaning of the news to the public?

in the economic field.



Here, Channel 12, which knows how to bounce retired chiefs of staff and heads of the Mossad and the Shin Bet, when necessary, had almost 24 hours to think about how to build the main item of the Moschai Shabbat edition, presented by Dana Weiss.

Amalia Doak

Her reasonable opening article, which introduced the issue, did not develop into a proper discussion in the studio/Reuven Castro

Don't like to talk about money

In a normal country, a special broadcast evening would be dedicated to news like this.

In France, for example, there were already hundreds of thousands on the streets.



In Israel, our treatment of economic issues is different, perhaps because economic information nevertheless requires a minimum of effort on the part of the viewers, perhaps because for years the economic reporters isolated it with a kind of "majorbrush" language, professional mumbo-jumbo designed to distinguish them from the laymen, as compensation for So they earn about a per mille from the people they survey - and perhaps because we, as Jews and Israelis, have a kind of special attitude towards the subject: the



brilliant crook Bernie Madoff, for example, was sentenced in the US to a prison term that was not served here even for the biggest terrorist, while in Israel tax offenses They are almost a mark of merit.



And yet, despite this problematic background, one would have expected the news system to be better prepared for economic news that is more dramatic than it is hard to find: Here, we have confirmed that we have won, for the first time in the history of credit ratings, Israel's rating is going down.



What did we get? A reasonable opening article but Short (Amalia Doak), a somewhat hesitant interpretation, which seems to have tried with all her might to balance between two extremes, with "lights and shadows" in the report (although with all due respect for the assessment of the strength of Israeli society and the functioning of its central bank, it is in no way equal to the harsh criticism leveled at the Israeli government ) and then a very milky interview with Prof. Avi Simhon, Netanyahu's economic advisor, or should we say: his economic spokesman.

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Minister of Finance, Bezalel Smotrich.

A response that should be taught in alternative reality schools/image processing, Haim Goldberg/Flash 90

A report that is like an observer's report on the Gaza border on October 6

Simhon was sent to the studio to divert the fire from the government: according to him, it is all the fault of the war.

He came to repeat the message why he deviated from the Prime Minister's practice, when he published a special message during Shabbat: Israel's economy is strong, the drop in the rating is only because of the war, and of course - when it ends, the situation will improve and the rating will rise.



Let's assume that this is a legitimate position (although it does not, to put it mildly, correspond with reality), are there also those who think otherwise?

So we got Dr. Yitzhak Sporta in the article, in the blink of an eye of less than half a minute, everything else was expropriated and abandoned to spokespeople along the lines of "a slight tremor in the wing"



. If this is the case, why did Israel make every possible effort to prevent the downgrade? And if it is important and significant, then it is like the writing on the wall, such a warning that should have been heard on October 6, before we all woke up to the economic equivalent of October 7 , because no less serious than the drop in Israel's credit rating, is the negative forecast regarding its future-our future.



If you will, in economic terms it is quite possible that the Moody's report is like an observational report on the Gaza border on the eve of Simchat Torah. The Israeli government's interest in burying the report is understandable , the desire of a news channel to cooperate with this line is a little less understandable.



Let's calm down, but not too much: it's not like tomorrow the citizens of Israel will go to the bank to cash out their savings and find that it's closed. We're really not there and I wish we never would be. But imagine if it were A detailed assessment of the US National Security Headquarters is published, according to which in about three years from now the Iranians will have the nuclear capability to destroy the State of Israel... Shouldn't we start how to thwart the evil before it happens, or at least dig nuclear shelters if the thwarting fails?

Meir Spiegler, CEO of the Electric Company. There are economic issues that Keshet 12's current affairs department actually knows how to explain very well/Iodine photos

We will go to the sponsorships and the main ones first

Shortly before the central bonfire, as Shabbat ended, the Minister of Finance also published his response.

If there is something in which Smotrich was not suspected before this term, but has characterized it almost from the beginning, then it is only damaged credibility.

The Minister of Finance of the State of Israel was suspected of quite a few things (not only the Shin Bet, at the time), but no one imagined that he had such an ability to look straight into the camera, blink innocently, and deliver a message that was completely false from beginning to end.



This happened recently in all the discussions on the budget and it was demonstrated Even more so on Saturday night. How do I know? It is enough to go back to the way the Minister of Finance celebrated the fact that the rating companies were satisfied with a warning, but did not lower Israel's credit rating in previous rounds (meaning, this is an important issue) and it is enough to be exposed to the great efforts made by the Treasury, right up to the moment the publication, in order to prevent or at least soften the negative publicity.



When all this failed, Smotrich published a message that cannot be called anything but delusional, in which he accused Moody's of being complicit in a worldwide conspiracy to force political concessions on Israel, the end of which is who will know.



Mila on Channel 14 They scratched their heads in embarrassment and didn't know how to deal with the issue and how to present a report that is full of sharp criticism - not about the strength of the Israeli economy and not about the fact that Israel was caught in a complex security situation, but about the way in which the Israeli government conducts the security campaign (without a horizon) or the economic campaign (without answers) sufficient in the state budget, beyond the expected VAT increase).



To Tomi I thought that because of Shabbat there wasn't enough time for News 12 to prepare for the presentation of the item, but in the morning I managed to catch a few minutes of the morning program presented by Niv Raskin.

You won't believe what topic took up a longer period of time than the main news of the weekend.

I'm pretty sure that even if I give you three guesses, you won't be able to hit:



not the tunnels in Gaza or the plan to conquer Rafah, not the abductees, not the campaign in the north, you know what?

Even a promotion to the "winning kitchen" that will air in the evening, would have been accepted with understanding (however "Rainbow"), but the longest item in the program was devoted to the repairs carried out by the employees of the electric company in the network that was damaged by the bombings in the north.

Includes an extensive interview not only with the person responsible for the works, but with Meir Spiegler, CEO of the Electric Company.



Since this is already the second or third interview with Spiegler in the past week, I began to suspect that there might be a campaign in disguise here: don't get me wrong, I'm full too Appreciation for the employees of the Electric Company who carry out their work both in difficult weather and in the face of a security threat, but to dedicate the prime time of the morning program to this, surely when there are equally important issues? To say the least



, it already raises concerns for those who do not know how to explain somewhat complex economic news to us More than the fateful question of whether the stench from Minister Amsalem's mouth comes from vodka or arak (referring to last week's main headline), at least they know how to make a living, even when it comes to a news broadcaster and not a cooking show sponsored by dishwashing liquid.

  • More on the same topic:

  • Credit Rating

  • News 12

  • Avi Simhon

Source: walla

All news articles on 2024-02-11

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