Central bank governor warns Netanyahu of judicial reform risks
Bank of Israel Governor Prof. Amir Yaron, backed by a bevy of predecessors and economists, called on Prime Minister Binyamin Netanyahu on Tuesday to warn that the economy faces serious fallout from the judicial reform program husbanded by the justice minister. International companies may be deterred from investing in Israel, said Yaron, and Israel’s high credit score would be lowered. Some high-tech firms report that foreign investors are already beginning to withdraw. Opposition to the initiative has spurred the opposition to organize mass anti-government protest demonstrations.