Global #Israel

The usage of cash is decreasing as a result of advances in digital payment technology, according to Andrew Abir, Deputy Governor of the Bank of Israel, who spoke at the recent "Engines of the Israeli Ecosystem" conference on April 16.

The value of many assets has been significantly impacted by Iran's retaliatory attack against Israel on Saturday, April 13. This is because it has raised the risk for some vital supply routes, like the Hormuz Strait, and stoked concerns that the ongoing conflict in the region may spread to other countries.

As it seems that the United States has dissuaded Israel from launching a counterattack, the market has moved past worries of tensions between Iran and Israel intensifying.