Foreign Minister Moshe Sharett will not attend the current session of the United Nations General Assembly at which the Soviet Union will be strongly criticized for its anti-Semitic policy and for breaking off relations with Israel. A decision to this effect was taken by the Cabinet today.
The Cabinet today named David Horowitz, former director-general of the Finance Ministry, to the post of director of the State Bank. He was instructed to begin preparations immediately for opening the bank. The Ministers also approved the regular administrative budget for the 1953 fiscal year.
Dr. E. Shinnar, head of the Israel delegation in West Germany, reported to the Cabinet on the status of the German-Israel reparations agreement and the Bonn demands that German ships be allowed to transport German reparations goods to Israel ports.
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