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Tech Israel
Daily Updates from Silicon Wadi for
Tuesday, August 13, 2024
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PM downplays Fitch’s downgrade but top economists warn about handling of war economy
By
Sharon Wrobel
Opposition leaders say Fitch rating cut is due to government’s management of the economic fallout of the war; leading economists urge progress on 2025 budget to regain confidence
Fitch downgrades Israel’s credit rating, warning war could last well into 2025
By
Reuters
and
Sharon Wrobel
As politicians dither, Treasury prepping alone for NIS 25 billion cut to 2025 budget
By
Sharon Wrobel
Amid expectations for a delay in governmental approval of next year’s fiscal plan, Finance Ministry officials working on tax hikes and spending cuts to avert more rating downgrades
Musk’s X is platform where it is easiest to find Hamas content, watchdog says
By
ToI Staff
Researchers found terror propaganda on X within 10 minutes, as major industry group reportedly sees billionaire owner as thwarting efforts to crack down on extremism
'It was the quickest way to leave'
Looking to escape war at home, Israelis seek refugee status in Portugal
By
Romain Chauvet
As the Israel-Hamas conflict stretches into its 11th month, locals looking to flee its physical and economic perils find a shortcut – albeit temporary – in applying for EU asylum
Archaeology
When the Second Temple was destroyed
Detritus from ancient Jerusalem drainage channel captures moment of city’s destruction
By
Gavriel Fiske
Excavation reveals rare glass and ceramic vessels, oil lamps, tableware and food remains, offering insight into state of city in period before its sacking by Rome in 70 CE
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