JP Morgan warns of growing risk in investing in Israel ...Kuwait

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JP Morgan warns of growing risk in investing in Israel
Financial services firm JP Morgan has warned of the growing economic risks of investing in Israel due to Prime Minister Benjamin Netanyahu’s planned overhaul of the country’s legal system.  A leaked memo from JP Morgan said Israel was witnessing a “flareup in idiosyncratic risk” - also known as inherent risks - due to “increased geopolitical tensions” and “plans for judicial reforms,” according to Israel’s Channel 12. The damning financial assessment came after Netanyahu had cited the bank along with Goldman Sachs to defend his legal changes, which would allow the Israeli parliament to overrule any supreme court decision.  "The judicial reform has raised concerns rega

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