Comment Fake news (Score 4, Informative) 42
It's a total spin. The operative word here is "Netanyahu says".
Netanyahu's government is in the midst of trying to turn on full fascist mode. Subjugate the judicial branch to the government (it already has control over the legislative branch), take control over the media, and in general, follow Hungary's model for "democracy in name only" (not that we've been in excellent shape before this, mind you).
Unsurprisingly, the economy isn't playing ball. Fascist governments go hand in hand with corruption (already the case in Israel), and those tend to favor low knowledge industries. Since Israel's #1 export industry is high-tech, which is high knowledge, the whole economy is unstable. The Sheqel is dropping, new investments in the High-tech industry are at an embarrassing low.
The Israelis are not taking it lying down. For almost half a year now, every week, and often in the middle of the week as well, hundred of thousands of people take to the streets to protest. Netanyahu, of course, is blaming the economic slowdown on the protests, contradicting every independent expert out there.
So Netanyahu producing a spin: the government approves a subsidy to a new Intel chips plant. To be clear, Intel may have asked for one. This new plant would replace an existing plant at the same location. What's clear, however, is that Intel has not yet made a decision to actually open one. There was no announcement from Intel's side.
So the proper title for this article is: "A politician has made an announcement".