Reasonableness Amendment News Today

Read MEI's weekly briefing featuring expert analysis of key regional developments for the week ahead.

The flames of Hamas, Israel, apartheid, and Palestine :: The Market Oracle ::

After a year of unprecedented events, Israel’s political and constitutional turmoil came to a head on Sept. 12, when the Supreme Court heard oral arguments in a critical case that will determine the future of the Netanyahu government’s judicial overhaul. The arguments concern the so-called Reasonableness Amendment, passed by Israel’s parliament in late July; this amendment to the country’s Basic Laws would partially strip the Supreme Court of its authority to review governmental acts.

By maintaining Israel’s rating, the credit rating agencies gave us an opportunity to avoid the worst of possible economic outcomes – it is critical that we do not miss it.

Earlier this year, we published an article warning against the dangers of the judicial reforms, to our regret, many of the negative developments about which we warned at the beginning of the year have already come to pass.