Saturday, August 22, 2020

Raising The Black Flag against Benjamin Netanyahu in Israel

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Vanshita Banuana

Article Title

Raising The Black Flag against Benjamin Netanyahu in Israel

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Global Views 360

Publication Date

August 22, 2020

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President Benjamin Netanyahu, Prime Minister of Israel

President Benjamin Netanyahu, Prime Minister of Israel | Source: Government Press Office, Israel

The past few months have seen an unprecedented uprising against Israeli Prime Minister Benjamin Netanyahu, owing to rapidly rising unemployment rates and mismanagement of the COVID-19 crisis. Protestors have been gathering at Netanyahu’s residences and demanding that he resign.

Many claim that while the government was initially able to control the spread of the coronavirus, it was too quick to reopen the economy, which led to a more devastating second wave of cases and ended up only hurting small businesses and employment even more. The crashing down of the economy and public healthcare system is touted as evidence of a selfish government which is too distant from the interests of its citizens.

Additionally, Netanyahu is facing trial for charges of corruption. Though the charges first began to surface back in 2016, the indictment came last November. On top of that, it is being alleged that Netanyahu is trying to leverage the pandemic to delay court hearings. In light of the corruption charges, calling Netanyahu “Crime Minister” has emerged as a popular slogan at the protests.

Anti-Government protest in Israel | Source: Middle East Monitor

The protests seem to be mostly organised and led by Israeli leftists, who hold up black flags representing their anti-Netanyahu, anti-corruption and pro-democracy stance. Some protestors have also taken to dressing up in space-themed costumes, in response to a comment by Netanyahu’s son calling the protestor’s “aliens.”

The biggests protests are those held regularly outside Netanyahu’s official residence in Jerusalem and his private home in the high-profile neighbourhood of Caesarea. The police presence at the protests has been heavy; clashes and arrests are common. Small international protests in support of the ones in Israel have been organised in the United States and Britain.

The protests usually bring a mixed crowd of those protesting corruption charges and business In terms of demographics, some have noted that religious Israelis and Israeli Arabs have been a minority presence in the protests, perhaps the former due to political leanings and the latter due to marginalisation and disenfranchisement. At the same time, the protests are being admired for bringing together citizens across political lines, religious beliefs, and ages, as well as the sight of many families attending protests together.

Protests against Netanyahu 2020 Jerusalem | Source: Nir Hirshman Communication via Wikimedia

The supposed political leanings of the majority of the protestors is the key argument Netanyahu has given while dismissing them, calling them “anarchists,” while also reportedly accusing local media of giving them more coverage than they deserve. He has also denied the allegations of corruption levelled against him.

There have been many reports of counter-protests by right-wing groups, often alongside the anti-Netanyahu ones. Supporters of Netanyahu, attempted to ram a car into a protest, called protestors “germs”,  pepper sprayed and attacked them with bottles and clubs. For now, the courts seem to be protecting the Israelis’ rights to freedom of speech and to protest from appeals to curtail the protests in any manner.

There is speculation regarding whether resignation is the “right” demand, since it seems unlikely that someone like Netanyahu will ever follow through on that. But the people of Israel are out in the streets in the thousands. They are called aliens or anarchists all day but denial is a facade that can only last for so long.

Benny Gantz leader of Blue and White Party | Source: Reuven Kapuchinsky via Wikimedia

Netanyahu is now the longest serving prime minister of Israel. He started the new term when his right-wing Likud party signed a coalition deal with Benny Gantz led Blue and White Party which provisioned 18 month long terms for both of them. Gantz’s term is to begin from November 2021 and some analysts predict that Netanyahu might hold early elections to deny prime ministership to Gantz and in the process, delay Israel’s next budget.

The biggest ally of Netanyahu so far in his political career was his luck which finally seems to desert him. He might be thinking that the protests can be waited out and accountability can be avoided. However this time, his political instinct and survival skill may come up short in the face of determined opposition from the common citizens of Israel.

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February 4, 2021 4:48 PM

Kenyans turning to mobile loans in times of COVID-19

The economic impact of COVID-19 is felt on the personal finance of people across the world who are looking for ways to tide over the situation. In Kenya, people are lapping the short-term credit in the form of digital loans by mobile money operators. The number of people taking digital loans has doubled during the COVId-19 induced lockdown period.

Boston Consulting Group's Consumer Sentiments Survey conducted in April and May 2020 reported that "In May, 29 percent responded that they had taken out a short-term loan, compared to 16 percent in April. Mobile money operators were the most common sources of this credit”

Kenya is a pioneer in using mobile money transfer services as the key tool for providing financial inclusion to its citizens. A simple money transfer service, M-PESA launched in 2007 has transformed the financial service industry in Kenya. Today mobile money operators are providing multiple services like digital loans, marketplace for small businesses and farmers.

Digital loans are easy to process and disbursed but there are concerns of shaming the defaulters and compromising the data security of clients. The Digital Lenders Association of Kenya (DLAK) which is a body representing the digital lenders of Kenya has distanced from two of their members, Okash and Opesa over unethical practices. These mobile apps have shared the details of defaulting customers with the moneylenders and asking them to recover the money.

DLAK also stated that Opesa and Okash are known for attacking a client's data privacy which is against the Kenyan data protection laws and has additionally spoiled the reputation of digital leaders in Kenya.

In April 2020, Central Bank of Kenya barred unregulated digital mobile lenders from forwarding the names of loan defaulters to credit reference bureaus. A huge number of Kenyans have been recorded on Credit Reference Bureaus by digital money lenders for loans as little as $5.

Central Bank of Kenya governor Patrick Njoroge told during a press conference in May 2020 that the central bank in consultation with the mobile money operators and digital lenders is presently working to develop a model where the borrowers are protected from mistreatment of online moneylenders.

The borrowers are looking up to the regulatory authorities and the industry bodies to come up with a mechanism which will protect their interest in times of such a health and economic emergency.

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