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Veteran Israeli newscaster Haim Yavin retired.

Yavin, who became known as “Israel’s Walter Cronkite” over his four decades of anchoring the Channel 1 television news, delivered his final broadcast Tuesday before a studio converted to accommodate scores of friends and relatives.

Yavin, 74, said he would continue working on independent television projects, such as a recent documentary about settlers that roiled many right-wingers in Israel.

Channel 1 began airing news in 1968 and was long Israel’s premier media outlet, but its status has dropped in recent years because of budget cuts and competition from private stations.