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Reuters
Reuters
World

Israeli leaders rebuff Moody's outlook cut, protests persist

Moody Israel Benjamin Netanyahu
An aerial view shows people during a demonstration against Israeli Prime Minister Benjamin Netanyahu and his nationalist coalition government's judicial overhaul, in Tel Aviv, Israel, April 15, 2023. REUTERS/Ilan Rosenberg

Israel's government on Saturday rebuffed an outlook downgrade on the country from credit ratings agency Moody's, while tens of thousands of Israelis returned to the streets to protest against a planned overhaul of the country's judiciary.

Moody's report issued on Friday marks the latest warning about a potential economic backlash to Prime Minister Benjamin Netanyahu's legislative push.

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