The Shekel is now equal to the value of one U.S. cent and economists calculate that in the six years of Likud rule, Israel’s currency has depreciated by 99 percent relative to the dollar.
In what is described as an almost clandestine operation, former Premier Begin quietly moves from his official residence to his new home after 102 days of self-imposed seclusion.
A powerful bomb explodes in a crowded Jerusalem bus, killing four persons and injuring 46 others in what is described as the worst terrorist attack in five years. Two of the wounded persons later die of their wounds.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.