Business bosses and economists fear that by weakening the Supreme Court, Binyamin Netanyahu will imperil Israel’s prosperity. These accusations now preoccupy him
Save time by listening to our audio articles as you multitaskNo longer. His new government’s plans to overhaul Israel’s legal system, eroding the Supreme Court’s independence and limiting its power to hold the executive to account, have prompted ire from his more predictable foes, including his political opponents and the judiciary. Now the country’s economists and business leaders are chiming in too, warning that he may endanger the country’s prosperity.
Some tech entrepreneurs have gone further, announcing that they are transferring their funds abroad. For an industry that fought for decades to bring foreign investment into Israel and took pride in keeping its research centres there, even when fledgling firms were bought up by foreign companies, this is unprecedented.
The government is not only trying to weaken the liberal-leaning Supreme Court. It also wants to increase funding for lifelong rabbinical scholars and for religious schools that refuse to teach subjects such as maths and English. At the same time it proposes to slash projects beloved by secular Israelis, such as the public broadcasting corporation.
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