Israel's Knesset gives first nod to contested Supreme Court bill

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Israel's Knesset gives first nod to contested Supreme Court bill
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Israel's parliament gave preliminary approval to a bill that limits some Supreme Court power. The drive to change the justice system has sparked protests, stirred concern for Israel's democratic health among its Western allies and bruised the economy

The drive to change the justice system by Netanyahu's ruling coalition of nationalist and religious parties has sparked unprecedented protests, stirred concern for Israel's democratic health among its Western allies and bruised the economy.

Critics argue that this judicial oversight helps prevent corruption and abuses of power. Proponents say the change will facilitate effective governance by curbing court intervention. "Continued uncertainty is liable to have notable economic costs," Yaron told reporters, citing an excess depreciation of the shekel and underperformance of Israel's stock market.

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