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Senior finance officials: Israel's credit downgrade closer than ever

The amendment to the Basic Law: The Judiciary, which changes the composition of the Judicial Selection Committee, passed in the Knesset on Thursday morning. In Israel’s major trading rooms, concern is mounting over how foreign investors might react. Market jitters were already apparent Wednesday, as US stocks declined following tariffs imposed by President Trump on imported cars, a move that has further shaken confidence among market participants.

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