In a filmed interview posted on the Wall Street Journal website on Thursday, Netanyahu said he was no longer seeking to grant parliament the authority to overturn Supreme Court rulings.He said that another part of his nationalist-religious government's plan that would give the ruling coalition decisive sway in appointing judges will be changed but not scrapped.
The Israeli shekel was down 0.6% on Thursday at a three-week low of 3.70 per dollar and Tel Aviv's main share indexIsraeli Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting at the prime minister's office in Jerusalem, 25 June 2023. ABIR SULTAN/Pool via REUTERS/File Photo Netanyahu's government unveiled its plan to overhaul Israel's justice system in January soon after it came to power, saying the Supreme Court had been increasingly encroaching into political areas where it had no authority., with critics saying it was a threat to democracy. Washington urged Netanyahu to seek broad agreements over reforms instead of rapidly driving unilateral changes it said would compromise Israel's democratic health.