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Miami-Dade county in Florida raises the limit on investments in Israel bonds

(JTA) — The Miami-Dade region in Florida can spend millions more tax dollars on Israel, after officials increased the share of county investments that can include Israeli bonds.

The Board of County Commissioners approved a resolution last week toward the start of a seven-hour meeting, in a unanimous, single vote that grouped together numerous ordinances. This action enables the county to invest up to 5%, rather than 3%, of its $9 billion in investments in these bonds — debt issued by the Israeli government sold by a U.S. underwriter.

Despite the previous cap of 3%, Israeli bonds only make up about 1.48% of Miami-Dade’s portfolio, or roughly $130 million, according to the county’s third-quarter investment report.

Known as “Israel Bonds,” these loans are deeply rooted in the Diaspora’s relationship with the country. Israel, like many countries, raises money by selling bonds to investors, who then receive repayments with interest after a specified time period. But for American Jews, these bonds are issued via the U.S.-based Development Corporation for Israel, which has served as the underwriter since 1951.

As for Miami-Dade, the county began purchasing Israeli bonds in 2016. But these investments increased substantially just after Hamas’ Oct. 7, 2023, attacks on Israel. At the time, Miami-Dade Mayor Daniella Levine Cava announced that the county would be boosting these investments from $51 million to $76 million.

Palm Beach County made a similar decision at the time, as did cities, counties and states around the country.

Nonetheless, activists nationwide have increasingly been pushing governments to stop investing in Israel bonds, citing the Jewish state’s military operations in Gaza.

An initiative called “Break the Bonds,” launched by the progressive Jewish Voice for Peace group, claims that “the Israeli military is committing a genocide of Palestinians in Gaza,” and that community investments in such bonds are enabling the situation.

“At a time when so many people in our community are struggling, we believe our public dollars should be invested in our communities and in meeting the needs of the people who live here,” JVP South Florida said in a statement, prior to last Tuesday’s vote.

Israel Bonds representatives did not reply to repeated requests for comment.

Given the resolution’s swift passage, which occurred without a public hearing at the board meeting, detractors signed up to testify about an unrelated item in order to voice their concerns.

“My tax dollars should be kept safe and should be working to benefit my community,” Coconut Grove resident Jared Simon, who identified himself as Jewish, told the commissioners.

“You didn’t even allow public comment on it before voting,” he said. “Your constituents do not want their tax dollars funding the functions of the Israeli government.”

Addressing the lack of public hearing, the commissioners responded that residents already had the opportunity to speak about the resolution during a session earlier this summer.

That session occurred on July 15, when the Intergovernmental and Economic Impact Committee advanced the rule to the Board of County Commissioners with a favorable recommendation.

Among the most prominent speakers to take the podium — even though he had apparently not registered to do so — was James Fishback, a far-right former gubernatorial candidate and sharp critic of Israel. Alleging that the commissioners “unanimously voted to give up to $450 million of money to Israel,” Fishback said he’d rather not be “escorted out by these great men in uniform.”

“Do you serve the people of Hialeah or of Haifa? Do you serve the people of Aventura or of Tel Aviv?” he asked the commissioners. “Do you serve the people of South Miami or of Jerusalem? This money should be invested here in this community.”

As the sergeants escorted Fishback out of the auditorium, another individual screamed “America First!” from the audience.

Oliver Gilbert, one of the commissioners, responded that the “board today didn’t vote to give any money to anyone,” stressing that they just “set investment criteria.”

Before Tuesday’s meeting reached its most heated point, Keon Hardemon, another commissioner, told the audience that he and his colleagues “don’t care what you’re talking about, what subject it is that you don’t like, what you care for, what you don’t care for, what your politics are.”

“What we are not going to stand for are people who want to make anyone in this room feel uncomfortable,” Hardemon added.

Yet immediately after this intervention, public outcry over the resolution, known as 11A2, continued.

Miami resident Mina Trachtenberg argued that county investment policies require the prioritization “of public funds and liquidity of public funds above all else.”

“The resolution passed today achieves the opposite of that, opening the door to the purchase of high-risk, even junk-quality bonds of a foreign entity,” Trachtenberg said. “Please divest from apartheid.”

Anthony Rodriguez, the chairman of the Board of County Commissioners, eventually instructed the sergeants in the room to eject anyone who refused to comply with the rules.

Just after those instructions, Miami resident Mohammed Mohammed came to the podium, voicing his alarm that he was “going to be escorted out just for being Palestinian.”

“That’s not the case. Let’s not put words in anybody’s mouth,” a visibly frustrated Rodriguez responded. “You just have to follow the order and speak on the item.”

Mohammed then declared “that 11A2 is an absolute disgrace,” leading Rodriguez to summon the sergeants and declare that the speakers just “want their minute of fame.”

The rule’s sponsor, commissioner René García, explained that the county invests about $9 billion, with the intention of generating “a greater return of money” to fund public needs. García, a former Republican state senator, explained that the rule simply ensures “more flexibility and more liquidity” for certain investments.

In addition to raising the investment cap from 3% to 5%, the resolution would also reduce the maturity of “bonds backed by the full faith and credit of the state of Israel” from five to three years.

Within that text, the authors also deleted a clause that previously had required Israel to have an “A” credit rating from at least two agencies. That revision stemmed from a recent Florida statute allowing investments in Israel bonds regardless of the country’s rating. This change was particularly noteworthy because credit ratings of Israel have fluctuated in the past few years.

This article originally appeared on JTA.org.

The post Miami-Dade county in Florida raises the limit on investments in Israel bonds appeared first on The Forward.

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Four Seats or No Seats? Why Israel’s Final Polls Disagree Over Amcha Yisrael

Ofer Winter

Conflicting projections for Ofer Winter’s party illustrate the uncertainty of measuring public support near an electoral threshold.

A Channel 12 poll gives Ofer Winter’s Amcha Yisrael four parliamentary seats.

An i24NEWS survey reaches the same seat total.

Other final polls find that the party does not qualify for representation.

How can surveys conducted close to the same election produce such different results?

The answer lies partly in the difference between measuring a vote share and converting it into parliamentary seats.

A Statistical Boundary

Israel’s electoral threshold is 3.25 percent.

For a party receiving substantially more than that percentage, modest sampling fluctuations may change its expected number of seats without calling its parliamentary presence into question.

For a party whose support lies near 3.25 percent, the same type of fluctuation may change its projected representation from several seats to zero.

This does not necessarily mean the polls are measuring completely different political realities.

They may be producing estimates close to the same threshold but on opposite sides of it.

Sample Size Is Only One Factor

The i24NEWS survey conducted on October 22 included 5,124 adult respondents and reported a sampling error of plus or minus 1.4 percentage points at the 95 percent confidence level.

That is a substantial sample by conventional political polling standards.

But a larger sample does not eliminate every source of uncertainty.

Different pollsters may employ different recruitment methods, weighting systems and procedures for estimating turnout.

They may also differ in how they handle respondents who are undecided or reluctant to state their preferences.

These choices can matter particularly for smaller parties.

The Problem of Turnout

Opinion polls generally estimate voting preferences before actual voting takes place.

Election results reflect the ballots cast by people who participate.

Differences between intended and actual turnout can affect parties in different ways.

Analysts must therefore consider not only how many respondents express support for a party, but also whether the poll’s turnout model accurately reflects the eventual electorate.

Without transparent, comparable information about the methods used by each polling organization, it is difficult to identify which methodological difference is responsible for a particular disagreement.

Reading the Final Surveys

The appropriate interpretation of Amcha Yisrael’s polling is neither that its parliamentary representation is guaranteed nor that exclusion is certain.

The available surveys demonstrate uncertainty around a legally decisive boundary.

The four-seat projections reported by Channel 12 and i24NEWS are meaningful observations.

So are the below-threshold findings published by Channel 13, Maariv and Zman Yisrael.

Each survey is a measurement of electoral intentions under a particular methodology, not a count of actual votes.

For readers following Israel’s election, this makes Amcha Yisrael an instructive case study in how polling uncertainty interacts with electoral law.

The final result will provide the definitive seat allocation. The polls explain why the outcome was difficult to measure in advance.

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As Trump betrays Ukraine, it’s beginning to feel a lot like Munich

In Munich on Sept. 30, 1938, the leaders of Britain and France signed an agreement with Adolf Hitler that caved to the Nazi leader’s demand that Germany be given a chunk of Czechoslovakia. Five months later, Hitler ordered the German military to forcibly take the remainder of the neighboring country.

On Oct. 9, 2026, Donald Trump and Vladimir Putin struck a deal allowing Russia to sell diesel fuel to global markets, most importantly to the US. Then Trump waived a package of sanctions on Russia that had been passed by Congress. By replenishing Russia’s war coffers, it is likely more Ukrainians will die because of these twin gifts from America’s president to the warmongering Russian autocrat.

Why is Trump doing this? He seems to be hoping the diesel deal will help him avert disaster in the upcoming midterms. Or maybe there’s more to it than that. Perhaps Trump seriously thinks that this will get him the Nobel Peace Prize by ending the war in Ukraine through helping Putin win it. Perhaps it’s one more scheme to further enrich himself and his family. Or maybe Putin really does have something on Trump.

In any event, it feels like Munich all over again.

There are some remarkable parallels between Czechoslovakia’s predicament in 1938 and Ukraine’s nine decades later: separatists in two vulnerable Central European democracies were encouraged and supported by a neighboring authoritarian regime that sought to seize adjacent territory under the pretext of protecting a minority from oppression.

And at the center of both narratives is betrayal: of Czechoslovakia by Britain and France, and Ukraine by Trump.

British Prime Minister Neville Chamberlain, 1939. Photo by Fox Photos/Hulton Archive/Getty Images

In the spring and summer of 1938, Konrad Henlein, leader of the Nazi-allied Sudeten German Party in Czechoslovakia, held secret meetings with Hitler and other Nazi officials. They concocted a plan: Cause so much disorder in the Sudetenland that the Czech government would declare martial law, thus creating an excuse for German troops to march in to protect the ethnic German minority.

Tensions that had long existed along the Czech frontier erupted into gunfire and death in the Sudeten town of Habersbirk on the morning of Sept. 13, 1938. A mob of German separatists hung a swastika banner from a church tower, stormed the police station, kidnapped the wife of a cop, and engaged in gunfights with police officers that lasted hours. Four Czech police officers and four insurgents died. Outbreaks of violence, terror and torture raged along the border for days, backed by Freikorps paramilitary troops who crossed from Germany and by SA and SS men who took part in cross-border sabotage and armed attacks.

The uprising had the desired impact. Just 17 days later — on Sept. 30, 1938 — Britain, France, Italy and Nazi Germany signed the Munich Agreement, yielding to Hitler’s demand that the Sudetenland be ceded to him. After landing at an airport outside London, Prime Minister Neville Chamberlain waved a document in his hand and jubilantly proclaimed:

“The settlement of the Czechoslovak problem which has now been achieved is, in my view, only the prelude to a larger settlement in which all Europe may find peace.”

“I believe it is peace for our time,” Chamberlain said later that day.

But it didn’t take long for Hitler to show he could not be trusted. Hitler’s army marched into Czechoslovakia on March 15, 1939. Germany’s invasion of Poland followed less than six months later, and by 1942 German forces controlled territory spanning from the Atlantic Ocean to deep inside the Soviet Union.

Ethnic Germans’ uprising in Czechoslovakia in 1938 found an echo nine decades later in Ukraine’s Donbas region, where unrest that began with pro-Russia protests in 2014 evolved into the war Russia has been waging on its neighbor for nearly five years.

In the spring of 2014, paramilitary units led by Russian intelligence officers stormed government office buildings in several towns and cities in Donbas, seizing weapons and clashing with police. In a scene reminiscent of the Habersbirk siege of 1938, on April 14, 2014, pro-Russian militants seized the police station in Horlivka, beat up the police chief, and murdered a member of the city council, whose body was found in a river. Similar clashes occurred throughout Donbas.

Two Kremlin-backed pseudo-states soon emerged: the Donetsk People’s Republic and the Luhansk People’s Republic. Russia funneled tanks, artillery, air defense systems and fighters into Donbas, fueling a war between separatists and Ukrainian forces that dragged on for years.

Like Hitler in the Sudetenland, Russia’s de facto occupation of Donbas was not enough for Vladimir Putin. His eyes were on all of Ukraine, and he spent years manufacturing pretexts for the full-scale invasion that began on Feb. 24, 2022.

Trump has been buttering up Putin for more than a decade, starting with his 2015 campaign for president, when he effusively praised the ruthless Russian autocrat’s leadership style. Putin is a “strong leader,” is “far more respected than our president,” meaning the immensely popular Barack Obama, and was someone he “would get along with very well,” Trump said back then.

Trump’s admiration for Putin took on ominous tones after becoming president. During a press conference after the two leaders’ 2018 Helsinki summit, Trump questioned intelligence findings on Russian election interference and said he believed Putin’s denial. “I don’t see any reason it would be  Russia,” Trump told reporters, with the Russian strongman standing at his side.

After Russia’s invasion of Ukraine in 2022, during Biden’s presidency, Trump called it “a pretty smart move,” praised Putin as a “genius,” and also said it wouldn’t have happened if Trump was still president, remarks that were amplified by Russian state media.

During Trump’s second term, his buddy-buddy relationship with Putin has turned into a virtual strategic alliance, as the American president repeatedly makes moves and statements that seem designed to please the Russian autocrat. There are Trump’s threats to abandon NATO, his humiliation of Ukraine President Volodymyr Zelensky during a February 2025 meeting inside the Oval Office, and most recently Trump’s demand that Ukraine cease its drone attacks on Russian oil refineries, his call for Zelensky’s ouster, and envoy Steve Witkoff thanking Putin for being a “humanitarian.”

Putin has proposed a summit between himself, Trump, and Chinese leader Xi Jinping to discuss ending the war in Ukraine. It’s notable that Ukraine has not been invited. This is also what happened in Munich nine decades ago, when Czech delegates were excluded from the room, and others decided Czechoslovakia’s fate.

Last October, aboard Air Force One, Trump told reporters the Donbas region should be “cut up,” leaving most of it in Russian hands.

“Let it be cut the way it is,” he said. “They can negotiate something later on down the line.”

It seems the fate Trump envisions for Ukraine is similar to the one Hitler envisioned for Czechoslovakia. It would be naïve to think that Putin’s expansionist ambitions would stop there.

The post As Trump betrays Ukraine, it’s beginning to feel a lot like Munich appeared first on The Forward.

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A Chabad Jew was stabbed in NYC. He returned the next day to continue wrapping tefillin.

(JTA) — Less than 24 hours after he was stabbed in midtown Manhattan, Yosef, a Chabad-Lubavitch man from Crown Heights, was back on the same street where he’d been assaulted, popping into Diamond District businesses as usual to help employees wrap tefillin.

Yosef, 26, who did not share his last name to maintain his privacy, told the Jewish Telegraphic Agency that he was back on 47th Street on Thursday afternoon, the day after the stabbing, without missing a beat in his Monday-through-Thursday rounds even as police investigate the incident as a possible hate crime.

A number of the people he visited pieced together that the widely circulated footage of a man being stabbed the previous night was of him.

“They were in shock. They were obviously scared for me,” said Yosef, who has been wrapping tefillin and distributing Shabbat candles to Jewish Diamond District employees for about three years. He started that routine when his father, a Chabad Jew who works in the jewelry business, realized he needed his son’s help to handle the demand for those acts. Yosef told Chabad.org that he was “still shaken” by the attack a day later.

Still, he told JTA, “We can’t allow some hate to stop us.”

Yosef said he felt it was important to communicate that message because “we need more mitzvahs in the world, we need more light in the world.”

Yosef was taken to Bellevue Hospital on Wednesday evening around 6 p.m., where medical staff assessed that he had no internal bleeding and would not need stitches. No arrests have been made, but the assailant has been described as a woman in her 40s.

The attack has renewed concerns about security that have faced Chabad adherents and institutions, which often host public events and maintain a visible street presence. But the threat didn’t diminish their presence in midtown Manhattan on Friday.

Multiple Chabad men stood under a bright yellow tent on the sidewalk wrapping tefillin for a steady stream of workers in the heavily Jewish Diamond District.

“The Rebbe says that the way to defeat darkness is only through the addition of light,” said Shmuel Cohen, who was handing out small photographs of the movement’s late leader, the Lubavitcher Rebbe Menachem Mendel Schneerson.

Cohen told JTA that he had not heard about the attack that took place just down the block two days earlier, though his partner under the sidewalk tent had. Cohen said that the best way to respond is through “the observance of Torah and mitzvot without being ashamed of our Judaism but presenting it to everyone.”

Also on Friday, Chabad officials met with New York Police Department representatives for their annual meeting about security ahead of Chabad’s international conference in Crown Heights, the Brooklyn neighborhood where the movement is headquartered. The conference begins on Nov. 5.

Chabad has been targeted in multiple high-profile attacks in the past year, including the deadly Bondi Beach shooting in Australia in December. The following month, a man rammed a car into the doors of the Chabad-Lubavitch headquarters in Brooklyn, raising further questions over how the movement should balance its commitment to making its events accessible with security.

Meanwhile, Jews have been targeted in more than half of hate crimes committed in New York City in 2026, despite making up about 12% of the city’s population.

“Security is our top priority. Our goal is to provide an environment where every participant feels safe and can fully experience the purpose and spirit of the gathering,” said Rabbi Mendy Kotlarsky, a top organizer of the upcoming conference.

In the wake of the attack, Yosef said he is not concerned about going out in public as a visibly Jewish person and doesn’t plan to change how he approaches the world.

“I was wearing the same clothes on Tuesday and Wednesday and Thursday,” he said. “I didn’t change my routine.”

This article originally appeared on JTA.org.

The post A Chabad Jew was stabbed in NYC. He returned the next day to continue wrapping tefillin. appeared first on The Forward.

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