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In a surprise move, Israeli Prime Minister Benjamin Netanyahu dismissed Defence Minister Yoav Gallant on Tuesday, citing “trust issues”, and replaced him with close confidant Israel Katz.
Mr Katz, 69, is a Netanyahu loyalist who previously served as foreign minister and is known as a staunch supporter of the prime minister's policies. But the decision to appoint him has raised questions about Mr Katz’s experience in defence matters. Following his appointment, Mr Katz vowed to lead Israel’s defence strategy with a hardline approach.
“We will work together to lead the defence establishment to victory over our enemies and to achieve the goals of the war: the return of all hostages as the most important moral mission; the destruction of Hamas in Gaza; the defeat of Hezbollah in Lebanon; the containment of Iranian aggression; and the safe return of the residents of the north and south to their homes,” Mr Katz said in a statement.
Born in 1955 in Ashkelon, Mr Katz served as a paratrooper before leaving the military in 1977. Unlike Mr Gallant, a former general, Mr Katz lacks senior military command experience. A member of Mr Netanyahu's right-wing Likud party, he was appointed foreign minister in 2019. He has previously served as minister of finance, transportation, energy and agriculture and has been a member of the Knesset since 1998.
Mr Katz has built a reputation for attacking political opponents and critics of Israel's policies and is expected to support Netanyahu’s agenda as the country navigates growing opposition – both domestic and international – amid intensified conflicts in Gaza and Lebanon.
His tenure as foreign minister was marked by sharp rebukes of world leaders and international organisations, particularly those he viewed as unsupportive of Israel’s military actions in Gaza. He made headlines internationally when he criticised UN Secretary-General Antonio Guterres for what he saw as his inadequate condemnation of Iranian missile attacks on Israel, and went as far as declaring Mr Guterres “persona non grata”.
He has also spearheaded a campaign against the United Nations Relief and Works Agency (UNRWA), claiming it had ties to Hamas. His lobbying efforts recently led to Israel banning the organisation, a move that was met with wide-scale international condemnation. Additionally, Mr Katz had also advocated legal action against French President Emmanuel Macron when France prohibited Israeli companies from participating in a military trade show.
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Difference between fractional ownership and timeshare
Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company
TEST SQUADS
Bangladesh: Mushfiqur Rahim (captain), Tamim Iqbal, Soumya Sarkar, Imrul Kayes, Liton Das, Shakib Al Hasan, Mominul Haque, Nasir Hossain, Sabbir Rahman, Mehedi Hasan, Shafiul Islam, Taijul Islam, Mustafizur Rahman and Taskin Ahmed.
Australia: Steve Smith (captain), David Warner, Ashton Agar, Hilton Cartwright, Pat Cummins, Peter Handscomb, Matthew Wade, Josh Hazlewood, Usman Khawaja, Nathan Lyon, Glenn Maxwell, Matt Renshaw, Mitchell Swepson and Jackson Bird.
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Oscars in the UAE
The 90th Academy Awards will be aired in the UAE from 3.30am on Monday, March 5 on OSN, with the ceremony starting at 5am
Gully Boy
Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi
Rating: 4/5 stars
Our family matters legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
