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Tech Israel
Daily Updates from Silicon Wadi for
Wednesday, August 28, 2024
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Bank of Israel again leaves interest rate at 4.5%, amid wartime fiscal uncertainty
By
Sharon Wrobel
Central bank raises concern over the government’s expansionary fiscal policy and a widening deficit due to the war and the delay in the 2025 budget
Innovation Authority invests NIS 35m to lure tech jobs to Negev and Galilee
By
Sharon Wrobel
Addressing challenges posed by the months-long war, funds are allocated to help tech firms open new branches and hire local talent in the north and south
Analysis
Agencies
Israel’s economy in grave danger as Gaza war drags on, economists warn
Experts say economy cannot survive much longer as fighting with Hamas has stalled tourism, forced small businesses to shut, slowed down shipping and raised deficit
US to spend record $454 million securing religious institutions as antisemitism spikes
By
Jackie Hajdenberg
Jewish groups hail increased funding, with Jewish Federations of North America saying it ‘will make an enormous impact on our community’s security’
Oops!
Kid shatters 3,500-year-old jar in Haifa museum, gets invited back
By
Gavriel Fiske
The Hecht Museum says it has no plans to change its long-held policy of displaying certain items ‘without barriers or glass walls’
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