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A ‘historic’ day in Israel ends with a political compromise — and big questions about the future
(JTA) — Like hundreds of thousands of her fellow Israelis, Kelly Breakstone Roth’s instinct on Sunday was to take to the streets.
The only wrinkle: She and her family have been in Brooklyn for the last two years, part of the diaspora of hundreds of thousands of Israelis living abroad. They couldn’t just walk out the door of their apartment and join the sweeping nationwide protest that ignited after Prime Minister Benjamin Netanyahu fired his defense minister, who had called for a pause on proposed changes to Israel’s judiciary.
So they bought one-way plane tickets, set to take off at 2 a.m. on Monday and land in Israel that evening. “It was a very spontaneous decision,” Breakstone Roth, an entrepreneur, told the Jewish Telegraphic Agency on Sunday evening, as she ran errands to prepare her family of five for a trip of indeterminate length. “But the sensation that we have to be there has been building up for quite a bit now.”
She likened the experience to that of Israeli military reservists who receive an emergency call-up notice, known in Israeli jargon as a “tzav shmoneh,” Hebrew for “order eight.”
“This is a tzav shmoneh moment for anybody who wants there to be a Jewish and democratic state,” she said.
By the time Breakstone Roth landed in Tel Aviv Monday evening, conditions in Israel had shifted dramatically. Late-night protests on Sunday that shut down a main highway and riveted Jews the world over had been dispersed, but protesters convened again on Monday in Jerusalem, where the parliament was waiting to hear whether it would vote on a key piece of the judiciary legislation. The country’s labor unions had called a general strike, and everything from universities to McDonald’s franchises to some departures at the Tel Aviv airport had shut down.
The Breakstone Roth family poses with protest signs in New York City’s John F. Kennedy International Airport en route to Israel, March 27, 2023. (Courtesy of Kelly Breakstone Roth)
Meanwhile, Netanyahu had spent Sunday night negotiating with his coalition partners, trying to keep their government together despite a mounting sense that proceeding immediately with its signature legislation could plunge Israel into unprecedented turmoil — possibly even civil war. By the evening, even the justice minister who threatened to quit if Netanyahu delayed the vote said he would respect a decision to pause — one that Netanyahu made official only as night fell.
Netanyahu did not say what he had promised his partners to sign off on the pause, but a far-right minister said he had exacted permission to launch a civilian police corps.
Earlier, breaking his public silence, the prime minister had tweeted, “I call on all the demonstrators in Jerusalem, on the right and the left, to behave responsibly and not to act violently. We are brotherly people.”
Big questions loomed: What would happen when right-wing supporters of the judiciary reform — including a notoriously racist and combative group of fans from the Beitar Jerusalem soccer club — heeded a call to take to the streets, too? Would a delay satisfy protesters who have spent a dozen weeks articulating deep-seated grievances that, in many cases, go far beyond the particular reforms? Would Netanyahu and his coalition offer any meaningful concessions before resuming the legislative process in the future? What would be the cost of the promises he offered his most extreme partners in exchange for their acquiescence?
The answers to those questions will help determine what kind of country Israel will be after this crisis ends, whenever that is. But on Sunday night and Monday, the protesters and those watching them could be forgiven for taking a moment to bask in the sense that history was being made.
Thousands of Israeli right-wing protesters rally in support of the Israeli government’s judicial overhaul bills outside of the Israeli parliament, the Knesset, in Jerusalem, March 27, 2023. (Gili Yaari/Flash90)
“What we witness in Israel is a historical revolution in the style of French, Russian, Iranian revolutions and the collapse of the Soviet Union,” tweeted Yossi Melman, a journalist who has covered military affairs for multiple Israeli newspapers.
“A historic night. Each of us will remember where we were tonight,” tweeted the journalist and political analyst Anshel Pfeffer. “And whoever was not in the streets will say that they were.”
The head of the country’s labor union, the Histadrut, also used the word “historic” to describe the general strike he was supporting.
Ahmad Tibi, an Arab lawmaker, tweeted in language drenched in history. He posted in Hebrew transliteration a slogan associated with the 2011 Arab Spring: “The people want to bring down the regime.”
It’s not at all clear that the Israelis who protested on Sunday and Monday will ultimately be satisfied. Revolutions don’t always succeed, as the Arab Spring and countless other examples in history make clear. Many of the social and demographic forces that brought Israel to this moment haven’t changed. Netanyahu has survived political crisis after political crisis before.
In addition, while a substantial majority of Israelis oppose the specific judicial reform legislation that is on the table now, many still say they believe some changes are merited. Israel’s far right, in particular, still views a disempowered Supreme Court as essential to achieving its vision of expanded Jewish settlement and control in the West Bank.
Supporters of the judicial overhaul were framing the stakes as historic, too, but casting the demonstrations as a threat to democracy. It is “inconceivable that the minority will force its opinion with violence and the creation of anarchy in the streets,” declared 17 leading religious Zionist rabbis in a joint statement calling on the government to push forward with the legislation on Monday.
Yet for Monday, at least, the politically diverse anti-government coalition that has solidified over the last three months could exult in the power of the people. And at a time when some liberal Israelis are so alarmed by the country’s political direction that they are packing up and moving away, the Breakstone Roths were coming home.
“This is a critical time in Israel’s history,” Breakstone Roth said before boarding. “In terms of our daughters, we felt it was really important for them to know that we’re doing everything that we possibly can to try to make an impact.”
She said she hoped to hear upon landing that Netanyahu was pulling the legislation, if only temporarily — then turned to realpolitik. “Hopefully If he does say it, he intends it, and … we’ll be able to say that the demonstrations were a success,” she said. “And if he’s just fooling, trying to do some sort of maneuver, then it’s going to be ignited once again.”
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Somalia’s South West State Says It Has Severed Ties With the Federal Government
FILE PHOTO: Somalia’s presidential candidate of South West state Abdiaziz Hassan Mohamed speaks inside the Somali Parliament house in Mogadishu, Somalia April 30, 2018. Photo: REUTERS/Feisal Omar/File Photo
Somalia’s South West state said on Tuesday it was suspending all cooperation and relations with the government in Mogadishu, the latest sign of strain in the Horn of Africa country’s fragile federal system.
At a press conference, South West officials accused the federal government of arming militias and trying to unseat the state’s president, Abdiaziz Hassan Mohamed Laftagareen. Somalia’s defense and information ministers did not respond to Reuters’ requests for comment.
Disputes over constitutional changes, elections and the balance of power between Mogadishu and regional administrations repeatedly open up political fault lines in Somalia. The South West administration says relations with Mogadishu worsened after the federal government pushed through constitutional amendments opposed by some state leaders.
Travel agencies told Reuters on Tuesday that commercial flights between Mogadishu and Baidoa, the administrative capital of South West state, had been halted. Humanitarian flights, including for United Nations operations, were continuing. Baidoa, which lies about 245 km (150 miles) northwest of Mogadishu, is a politically and militarily sensitive city because it hosts federal troops, regional security forces and international humanitarian operations in a zone affected by drought, conflict and displacement.
The Mogadishu government’s relations with other states have also been fraught. Somaliland declared independence in 1991 and has long been outside Mogadishu’s control. The administration of semi-autonomous Puntland said in March 2024 it would no longer recognize the federal government until disputed constitutional amendments were approved in a nationwide referendum.
Semi-autonomous Jubbaland suspended ties with Mogadishu in November 2024 in a dispute over regional elections.
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Report: Iran Sees Control of Strait of Hormuz as Victory Over US, Israel
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. Photo: REUTERS/Benoit Tessier/File Photo
i24 News – Iran is showing no indication it is ready to end the war with the United States and Israel, as officials say Tehran is relying on its control over the Strait of Hormuz to increase global economic pressure and strengthen its position.
According to regional officials cited by The Washington Post, Iran is rejecting diplomatic efforts to identify an off-ramp and instead escalating attacks on neighboring countries. An Iranian diplomat said the strategy is to “make this aggression super expensive for the aggressors,” as Tehran faces sustained military pressure.
The Strait of Hormuz remains central to Iran’s calculations. The waterway carries roughly one-fifth of global fuel shipments, and its partial closure has disrupted energy markets. US President Donald Trump issued a 48-hour deadline for Iran to reopen the route, warning of further escalation if it does not comply.
Iranian officials and diplomats said the leadership views its ability to maintain pressure through the strait as a short-term success, even as infrastructure damage mounts. “They don’t feel any pressure to negotiate,” one European diplomat based in the Gulf said, adding that Iran sees its influence over oil markets as a form of leverage.
At the same time, efforts to mediate a ceasefire have so far failed. Officials from Qatar and Oman approached Iran last week, but Tehran said it would only engage if US and Israeli strikes stopped first. An Iranian diplomat said the country would not accept a “premature ceasefire” and is seeking guarantees, including compensation and commitments to prevent future attacks.
The war has already caused significant damage. The Pentagon says more than 15,000 targets have been struck across Iran, while Iranian authorities report over 1,200 civilian deaths. The conflict has also expanded regionally, with Iranian strikes targeting energy infrastructure in Gulf states following attacks on its own facilities.
Despite mounting losses, analysts say Iran’s leadership believes prolonging the conflict could shift pressure onto Washington and its allies through rising energy prices and regional instability. “We’re still on an escalatory path,” said Alan Eyre, a former US official, adding that Tehran is attempting to “up the costs” rather than move toward negotiations.
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Persistent Iran War, Energy Price Surge Set to Sway Wavering Stocks
Stock ticker. Photo: Ahmad Ardity/Wikimedia Commons.
A Middle East crisis that has convulsed markets should remain the focal point for Wall Street in the near term, as investors stay glued to developments in Iran and the fallout from surging energy prices.
As the US-Israeli war on Iran stretches to three weeks, an over 40% jump in oil prices is driving worries about higher inflation and stagnating economic growth.
Inflationary concerns on Friday were prompting markets to rule out any equity-friendly interest rate cuts this year, which investors previously had been counting on, with futures trading instead suggesting modest chances of hikes in 2026. Federal Reserve Chair Jerome Powell expressed deep uncertainty at the US central bank’s meeting on Wednesday about how the crisis would factor into the economy, muddying its ability to forecast conditions ahead.
US stocks suffered sharp declines to end the week. The benchmark S&P 500 stock index posted its fourth straight weekly decline and hit a six-month low, while the Nasdaq Composite ended down nearly 10% below its October all-time high.
Middle East tensions escalated this week. Iran attacked energy facilities across the region following Israel’s strike on its gas field, while officials told Reuters on Friday that the US military is deploying thousands of Marines to the Middle East.
“This is a situation that’s so fluid,” said Chris Fasciano, chief market strategist at Commonwealth Financial Network. “We could have a resolution in the next week or it could go on for some time. And the longer it goes on, you start to think about the impacts it could have on the US economy.”
WATCHING OIL, STOCKS’ ‘ORDERLY’ REACTION
Swings in crude prices have rippled through asset classes. US crude settled around $98 a barrel on Friday, while Brent ended around $112. In addition to the attacks on energy infrastructure, traffic has stalled in the Strait of Hormuz, through which around a fifth of the world’s crude oil and liquefied natural gas normally passes.
The 20-day correlation between the S&P 500 and US crude stood at -0.89 late on Friday, according to LSEG data, a strong inverse relationship that showed they have tended to move in opposite directions.
“If you’re a trader, you watch oil prices because I do think that that’s generally giving the leading indicator as to how the financial markets are viewing the outlook for the conflict,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.
The S&P 500 energy sector, which includes shares of oil companies, has gained since crude prices began to spike in late February, but the group accounts for less than a 4% weight in the benchmark index.
The latest declines left the S&P 500 down 6.8% from its record closing high set in late January. The pullback has mostly lacked the chaotic quality of the abrupt equity slide last April following President Donald Trump’s “Liberation Day” tariff announcement that set off broad economic worries, Fasciano said.
“This has been fairly orderly, which I think is an encouraging sign,” Fasciano said. “And I think it’s because the underlying fundamentals for corporate America are still fairly robust and are offering some support.”
TREASURY YIELDS, MARKET TECHNICALS ALSO IN FOCUS
Fast-climbing Treasury yields, driven higher by the energy price spike and caution from global central banks, were looming as a risk factor for stocks. The benchmark 10-year Treasury yield was last at 4.38% on Friday, its highest level since last summer.
Keith Lerner, chief investment officer at Truist Advisory Services, said he was watching whether the 10-year Treasury yield sustainably rises above 4.3%, which could increase pressure on stocks, while he was also eyeing 4.5% as a key level.
“Rates going higher means borrowing costs are somewhat higher. And then that could actually slow the economy,” Lerner said. “At some point, if they keep going higher, then the relative attractiveness of (bond) yields becomes more attractive relative to equities.”
Stocks were also around key technical levels. The S&P 500 on Thursday closed below its 200-day moving average — a closely watched long-term trendline — for the first time since May. With another decline on Friday, the index ended at its lowest point since September and fell below November lows that strategists had also identified as worrisome levels.
Reports on manufacturing, services activity and consumer sentiment highlight a relatively light week ahead for US economic data. A major energy conference in Houston that will feature top global industry executives could draw Wall Street’s attention.
Events in Iran were likely to loom largest. In a note on Thursday morning, analysts at UBS Global Wealth Management said the latest developments were “pushing markets to price in a higher risk of prolonged conflict, deeper infrastructure damage and higher-for-longer crude prices.”
“While a less damaging outcome in the Strait of Hormuz remains possible, recent events have narrowed that path and heightened the risk of continued volatility,” the UBS analysts said.