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Prime Minister Benjamin Netanyahu said Israel must prepare for potential global sanctions, including on its banks, and suggested blockchain technology could be used to circumvent them, telling Israelis to "prepare yourselves" for the end of U.S. aid. He argued the threatening economic outlook stems from developments unrelated to Israel's own policies. Critics, including Haaretz commentary, countered that Netanyahu's government bears responsibility for the risk of sanctions and that his focus on military strength over economic planning threatens Israel's future as a wealthy, high-tech economy, warning the crypto proposal would deepen isolation and spook investors.

2 outlets · 4 articles · first seen Oct 23, 2:05 PM ET

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