Uncategorized
Mike Bloomberg: Israel’s judicial reforms could make Brexit’s economic effects look like ‘bubkes’
(JTA) — Mike Bloomberg, the billionaire philanthropist and former New York mayor, is the latest pro-Israel stalwart to warn that Prime Minister Benjamin Netanyahu’s proposed judicial reforms could be catastrophic.
“Close allies bound together by shared values stand together in times of need — not only to support each other but to reaffirm the inviolable obligations we have to defend those values,” Bloomberg said Sunday in a New York Times op-ed. “And that is why I am standing up again now.”
Bloomberg, who served three terms as New York’s mayor and briefly ran as a Democrat for president in 2020, is the latest prominent Jewish figure who was often at the forefront of defending Israel to now say Netanyahu’s reforms, which would gut the independence of the judiciary, are endangering the country. Others have included Times columnist Bret Stephens, constitutional lawyer Alan Dershowitz and the former director of the Anti-Defamation League, Abe Foxman.
Bloomberg noted how, as New York mayor in 2014, he defied a Federal Aviation Administration order not to fly to Israel during its war that summer with Hamas. He also listed his philanthropic endeavors in Israel, including a health center named for his mother.
Bloomberg, who made his billions of dollars with his eponymous financial news and data firm, said Netanyahu’s planned reforms were harming the economy that he helped open up in his previous terms as prime minister.
“Unless he changes course, Mr. Netanyahu risks throwing all that progress — and his own hard-earned legacy — away,” Bloomberg wrote.” The economic damage could make the cost being paid by the United Kingdom for Brexit look like bubkes.” Britain’s economy has yet to recover from its withdrawal from the European Union.
Foreign investors have warned against investing in Israeli companies, the shekel’s value has fallen sharply and some Israeli companies have moved their money into overseas accounts to protest the judicial legislation and guard against its potential economic effects.
Bloomberg said he could understand why companies were pulling out of Israel, noting the protection that Israel’s courts have extended to women and minorities, including Arab and LGBTQ Israelis.
“In a disturbing sign, some people have already begun pulling money out of the country and re-evaluating their plans for future growth there,” he said. “As the owner of a global company, I don’t blame them. Companies and investors place enormous value on strong and independent judicial systems because courts help protect them — not only against crime and corruption but also government overreach. Just as important, they protect what their employees value most: individual rights and freedoms.”
—
The post Mike Bloomberg: Israel’s judicial reforms could make Brexit’s economic effects look like ‘bubkes’ appeared first on Jewish Telegraphic Agency.
Uncategorized
Lebanon Plans UN Complaint Against Israel Over Border Wall
A UN vehicle drives near a concrete wall along Lebanon’s southern border which, according to the Lebanese presidency, extends beyond the “Blue Line”, a U.N.-mapped line separating Lebanon from Israel and the Israeli-occupied Golan Heights, as seen from northern Israel, November 16, 2025. REUTERS/Shir Torem
Lebanon will file a complaint to the U.N. Security Council against Israel for constructing a concrete wall along Lebanon’s southern border that extends beyond the “Blue Line,” the Lebanese presidency said on Saturday.
The Blue Line is a U.N.-mapped line separating Lebanon from Israel and the Israeli-occupied Golan Heights. Israeli forces withdrew to the Blue Line when they left south Lebanon in 2000.
A spokesperson for the U.N. secretary-general, Stephane Dujarric, said on Friday the wall has made more than 4,000 square meters (nearly an acre) of Lebanese territory inaccessible to the local population.
The Lebanese presidency echoed his remarks, saying in a statement that Israel’s ongoing construction constituted “a violation of U.N. Security Council Resolution 1701 and an infringement on Lebanon’s sovereignty and territorial integrity.”
Dujarric said the United Nations Interim Force in Lebanon (UNIFIL) had requested that the wall be removed.
An Israeli military spokesperson denied on Friday that the wall crossed the Blue Line.
“The wall is part of a broader IDF plan whose construction began in 2022,” the spokesperson said, referring to the Israel Defense Forces.
“Since the start of the war, and as part of lessons learned from it, the IDF has been advancing a series of measures, including reinforcing the physical barrier along the northern border.”
UNIFIL, established in 1978, operates between the Litani River in the north and the Blue Line in the south. The mission has more than 10,000 troops from 50 countries and about 800 civilian staff, according to its website.
Uncategorized
Iran Says US Is Not Ready for ‘Equal and Fair’ Nuclear Talks
Iranian Foreign Minister Abbas Araqchi speaks during a meeting with foreign ambassadors in Tehran, Iran, July 12, 2025. Photo: Hamid Forootan/Iranian Foreign Ministry/WANA (West Asia News Agency)/Handout via REUTERS
Washington’s current approach toward Tehran does not indicate any readiness for “equal and fair negotiations,” Iran’s foreign minister said on Sunday, after US President Donald Trump hinted last week at potential discussions.
Following Israel’s attack on Iran in June, which was joined by U.S. strikes on Iranian nuclear facilities, attempts at renewing dialogue on Tehran’s nuclear program have failed.
The United States, its European allies and Israel accuse Tehran of using its nuclear program as a veil for efforts to develop the capability to produce weapons. Iran says its nuclear program is for peaceful purposes only.
Tehran and Washington underwent five rounds of indirect nuclear talks prior to the 12-days-war, but faced obstacles such as the issue of domestic uranium enrichment, which the U.S. wants Iran to forego.
“The U.S. cannot expect to gain what it couldn’t in war through negotiations,” Abbas Araqchi said during a Tehran conference named “international law under assault.”
“Iran will always be prepared to engage in diplomacy, but not negotiations meant for dictation,” he added.
During the same conference, deputy foreign minister Saeed Khatibzadeh accused Washington of pursuing its wartime goals with “negotiations as a show.”
Uncategorized
Israeli Government Decides ‘Independent’ Commission to Investigate Oct. 7 Failures
The Israeli Supreme Court in Jerusalem. Photo: Wikimedia Commons.
i24 News – The Israeli government has approved the creation of an “independent” commission of inquiry to examine the failures that enabled the Hamas assault of October 7, 2023.
However, in a move sharply criticized by the opposition and contrary to the recommendation of the Supreme Court, the panel will not be a formal state commission of inquiry. Instead, its mandate, authorities, and scope will be determined directly by government ministers.
According to the decision, the commission will receive full investigative powers and must be composed in a way that ensures “the broadest possible public trust.”
Prime Minister Benjamin Netanyahu will form a special ministerial committee tasked with defining what the inquiry may investigate, the time periods to be reviewed, and the authority it will receive. The committee has 45 days to deliver its recommendations.
For the past year, the government has repeatedly resisted calls to establish a state commission, arguing at first that such a body could not operate during wartime. Later, some ministers accused Supreme Court President Isaac Amit of being incapable of appointing an impartial chairperson.
But on October 15, the High Court of Justice ruled that there was “no substantive argument” against forming a state commission, giving the government 30 days to respond.
Netanyahu maintains that responsibility for the October 7 failures lies primarily with Israel’s security agencies rather than with political leaders.
His critics accuse him of creating a weaker, government-controlled inquiry designed to limit scrutiny of his decisions, undermining the prospect of full accountability for the deadliest attack in Israel’s history.