FROM OUR ARCHIVE

years ago: On January 13, 1987, The Jerusalem Post reported that the government agreed on a 10 percent devaluation of the shekel. The government was also considering cuts in subsidies, a NIS 400 million budget cut, the implementation of the capital market reform and a reduction in income tax rates. Prices on all major basic goods, including petrol, went up. Only the defense budget was to remain untouched.

The US moved to placate ruffled sensibilities in Jerusalem and informed prime minister Shimon Peres that no harm had been intended to Israel in the recent release of a number of secret Irangate documents. These documents, continued the clarification, did not “place any responsibility on actions taken by the US Administration.”

The Knesset State Control Committee decided unanimously to ask the finance minister to compel banks and companies that float shares on the stock exchange to publish the salaries, ancillary benefits and pension arrangements of their top officials and board members.

The High Court of Justice ordered that Reform convert Shoshana Miller was to be given an Israeli identity card upon her return from US, where she had gone to care for her aging father. Yitzhak Peretz, the interior minister, resigned resigned after the High Court’s decision. years ago: On January 13, 2002, The Jerusalem Post reported that according to a senior Israeli diplomatic official, Iran’s involvement in the KarineA smuggling affair was part of a larger effort to deter Israel from trying to militarily scuttle Iran’s nuclear program.

– Alexander Zvielli