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Israel's main union to discuss declaring general strike
  + stars: | 2023-07-24 | by ( ) www.reuters.com   time to read: +1 min
JERUSALEM, July 24 (Reuters) - The head of Israel's main public sector union said on Monday he would meet with other union officials to discuss the possibility of declaring a general strike after parliament ratified a key element in a controversial judicial overhaul plan. Arnon Bar-David, chairman of the Histadrut labour federation, has been trying to mediate a compromise between the government and opposition. "From this moment on, any unilateral progress in the reform will have serious consequences ... Either things will progress with broad agreement or they will not progress at all," said Bar-David. Bar-David said he would meet with Histadrut officials to declare a "general labor dispute in the economy," and will "activate it if necessary until a complete shutdown is achieved."
Persons: Arnon Bar, David, David . Bar, Steven Scheer, Ari Rabinovitch Organizations: Thomson
JERUSALEM, July 24 (Reuters) - Israeli financial markets tumbled on Monday, with the shekel hitting a two-week low versus the dollar, after lawmakers ratified the first bill of a judicial overhaul sought by Prime Minister Benjamin Netanyahu. In protest at the vote, a forum of some 150 of Israel's largest companies held a strike on Monday. Azrieli (AZRG.TA) and Big (BIG.TA), two of Israel's largest malls, said stores in their shopping centres would be closed. But news that compromise talks collapsed erased early gains and sent the shekel weaker, with losses deepening after the vote. The shekel has weakened some 10% versus the dollar since late January when the government unveiled its controversial judicial overhaul plan, setting off mass protests and harming foreign inflows.
Persons: Benjamin Netanyahu, Nir Elias, Arnon Bar, Netanyahu, Steven Scheer, Bansari Mayur, Karin Strohecker, James Mackenzie, Christina Fincher, Sharon Singleton Organizations: REUTERS, Bank of Israel, MPC, Supreme, Thomson Locations: Tel Aviv, Washington
"Stop this judicial process before it is too late," Arnon Bar-David, Israel's Histadrut union leader, said in a televised speech, addressing Netanyahu directly. Protests have taken place across Israel for the last four months, sparked by anger at controversial judicial reforms pushed by Netanyahu's government, the most right-wing in Israel's history. The planned overhaul would significantly weaken the country's judiciary and make it harder to remove Netanyahu, Israel's longest-serving prime minister, from power. On Sunday, Netanyahu's office announced the dismissal of Defense Minister Yoav Gallant, who had opposed the motion, escalating protests. "We must all stand up strongly against refusals," Netanyahu said on Twitter around the time of the announcement, without directly referencing Gallant.
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