Israeli PM Netanyahu reportedly plans to dismiss Defense Minister Gallant due to policy differences, sparking currency weakening.

Israeli Prime Minister Benjamin Netanyahu is reportedly planning to dismiss Defense Minister Yoav Gallant, considering Gideon Sa'ar as his replacement. Tensions have escalated over Gallant's opposition to certain policies, including an ultra-Orthodox enlistment bill and military strategies. Amidst this political uncertainty, Israel's currency, the shekel, has weakened, reflecting concerns about potential shifts in the government's stance on the Gaza conflict. Netanyahu's office has denied these reports.

September 16, 2024
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