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Israeli Newspapers in Crisis

July 30, 1974
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Noah Mozes, editor of the independent afternoon newspaper Yediot Aharonot and president of the Israeli Daily Newspaper Publishers Association, has warned that Israeli dailies are “facing a crisis of life or death” because of the new economic measures adopted by the government. Moses, who is also a member of the board of directors of the Jewish Telegraphic Agency, said that the newspapers face the prospect of being forced out of business by the new policies that were introduced to combat inflation.

“Besides stiff pay increases, higher paper prices and a 20 percent cutback in advertising since the Yom Kippur War we are now faced with added problems,” Moses declared. “The government has slapped customs duties and an import surcharge on newsprint, and next April we shall be subject to the new added value tax on our gross income.”

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