Business and Economy
The Bank of Israel predicts that while the current lockdown is likely to be less expensive than the previous two, all will have long-term effects.
When Lior Avitan, CEO of UltraWis, watched cranes operate inefficiently and dangerously, he felt that the time had come to introduce aircraft technology to the Israeli construction industry.
“We’re talking to them about it,” said Adam Boehler, CEO of the U.S. International Development Finance Corporation. “If they’re ready, they’re ready, and if they are then we’ll be happy to even support more financially than what we do.”
U.S. Assistant Secretary of State for Near East Affairs David Schenker said “we would like to see Israel doing more to monitor Chinese investments, mainly in high-tech.”
As funding totals near $10b, investment insiders explain the successes—and challenges—that 2020 brought for blue-and-white companies.
The event marked the end of two years of renovations at the site, which dates back 600 to 700 years and is a symbol of the area.
The exchange rate marks the lowest point for the United States currency since 1996.
“New York’s restaurant industry stands at the forefront of a high-stakes decision that pits economic livelihood against physical health,” says New York-Israel Business Alliance President Aaron Kaplowitz.
Experts in digitech, medtech and agtech joined for panels to discuss and identify how to best overcome global challenges, when innovation and technology will play even greater roles.
“This is just one of many ways we can repay our boundless gratitude for all that they did to save Jews during the Holocaust,” said Stanlee Stahl, executive vice president of the Jewish Foundation for the Righteous.
Avner Shalev says he’s less worried about a “revolt” by researchers over a controversial appointment for his successor than he is about donations drying up due to the COVID-19 pandemic.
Still, the situation has fared better than many other countries in part because of the strong performance of the high-tech sector.
