Netanyahu's Judicial Reforms and "Temporary Dust"

Israeli Prime Minister Benjamin Netanyahu condemned the concerns raised by some investors regarding his government's plan for judicial reforms. In an interview with the American economic news channel CNBC, Netanyahu stated, "The temporary dust hanging in the air is just dust," pointing to rising growth and declining deficits. He added, "Experienced investors are coming because they know that the fundamentals are great... and less experienced investors follow the herd... so those who have come now and are coming now will make a lot of money." Moody's credit rating agency has revised its outlook for the Israeli economy from positive to stable, affirming Israel's credit rating at (A1) in light of the judicial reform plan.