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Netanyahu Gets Landslide in Markets Masking No Peace Process

Israeli Prime Minister Benjamin Netanyahu’s electoral opponents say he has presided over a deterioration of the Palestinian peace process, heightened tension with Iran, Egypt and Turkey and rising living costs.

For investors, he represents a more sanguine image: a world-beating bond rally and the shekel’s best advance under any government since at least 1984 as he fostered economic growth faster than in the U.S. and Europe.