Israeli Prime Minister Benjamin Netanyahu has fired a key ally, Aryeh Deri, following a High Court order. Deri, a minister in Netanyahu’s cabinet, had a criminal record, and the Supreme Court ruled that he must be dismissed.
Netanyahu made the decision during Sunday’s cabinet meeting, in compliance with the Supreme Court’s order. Deri, a member of the Shas party, had been a key ally of Netanyahu’s since 2015.
The Supreme Court ruled that Deri’s criminal record prevented him from serving in the cabinet. Deri had previously been convicted of bribery, fraud, and breach of trust in 2000.
The dismissal of Deri has been widely reported by news outlets such as CNN, FRANCE 24 English, POLITICO, The Times of Israel, and Reuters.
Netanyahu has yet to comment on the decision to dismiss Deri, but the move is seen as a major setback for the Prime Minister’s coalition.
Lord Abbett High Yield Fund Q4 2025 Commentary: What Investors Need to Know for a Profitable Future!
Jersey City, New Jersey—In the closing quarters of 2025, Lord Abbett High Yield Fund navigated a challenging investment landscape, marked by evolving interest rates and shifting economic indicators. Analysts noted that despite initial obstacles, investors were encouraged by the fund’s strategic allocation and management decisions, which positioned it favorably amidst market uncertainty. The fund’s performance during the fourth quarter reflected a cautious but calculated approach to high-yield debt. With inflationary pressures beginning to stabilize, the fund’s managers focused on identifying opportunities in sectors that showed ... Read more