- by MAJDAL SHAMS
- 07 28, 2024
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Despite wars, political instability and global financial turmoil, Israel’s economy has been a steady success. Bar a blip in 2020, it has grown by almost 4% a year since 1996. Binyamin Netanyahu, the country’s longest-serving prime minister, has been in charge for much of this. He likes to take credit for the boom. Israel’s business bosses have allowed him to do so.No 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.