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Bank Leumi in Israel Faces One-day Strike Today over Wage Dispute

Israel’s largest bank, the Bank Leumi, was threatened with shutdown tomorrow in wage disputes, all branches of the bank will be closed if the clerk’s union carries out a threatened one-day warning strike. The union issued a circular to its members informing them of the projected walkout if the bank management fails to yield to demands for bonuses for all employes.

In dead locked newspaper negotiations, the Israeli Journalists Association has been seeking for more than 6 weeks a wage increase for newspaper writers with a view to bringing such wages to a level equivalent to that of other non-Governmental professionals, such as doctors and engineers. If no settlement is reached today, the journalists will go on strike tomorrow.