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Daily Updates from Silicon Wadi for
Sunday, September 10, 2023
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Decision on second term of Bank of Israel governor will be made in October
Bank of Israel governor Amir Yaron and Prime Minister Benjamin Netanyahu agree to announce a decision about the extension of the former’s tenure after the Jewish holidays
Fiscal state deficit widens to 1.3%, exceeding government target
Israel’s fiscal deficit widened to 1.3 percent of GDP, or NIS 23.1 billion ($6 billion), in August over the prior 12 months, as state revenue from taxes continued to slide and government expenditure increased, preliminary figures released by the Finance Ministry on Sunday show. The deficit has swelled above the government’s fiscal deficit...
One-click currency exchange makes startup investing easier via OurCrowd
Jerusalem-based venture investing platform teams up with Australia’s Airwallex to ease payments in local currencies
Shmuel Abramzon to be appointed new chief economist at the Treasury
Finance Minister Bezalel Smotrich selects civil service veteran, subject to government approval
High Court freezes firing of Postal Company chair, orders government explain decision
The High Court of Justice has taken a dim view of the ministerial decision to dismiss the chairman of the Israel Postal Company chairman Mishael Vaknin, and froze the decision on Sunday morning with a warning to the ministers involved that it will be reversed if they do not adequately explain their...
Malware can install itself without users clicking a link
Apple releases major security update to counter Israeli firm NSO’s Pegasus spyware
Researchers say newly discovered system flaw is being ‘actively exploited’ to deliver malware onto iPhones and iPads; recommend all users immediately update devices
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