{"id":1698,"date":"2023-08-27T12:05:34","date_gmt":"2023-08-27T12:05:34","guid":{"rendered":"https:\/\/digitone.news\/?p=1698"},"modified":"2023-08-27T12:05:35","modified_gmt":"2023-08-27T12:05:35","slug":"the-state-of-the-israeli-economy","status":"publish","type":"post","link":"https:\/\/digitone.news\/index.php\/2023\/08\/27\/the-state-of-the-israeli-economy\/","title":{"rendered":"The State of the Israeli Economy"},"content":{"rendered":"\n<p>The Israeli economy is an unusual place. On one hand, after years of unparalleled growth the high-tech sector has come to a screeching halt. New investment has tanked and some of the Unicorns have found their values cut in half or more. This decline could be a short term phenomena, but it could represent a major shift. I believe if the judicial overhaul is halted the investment downturn will be a short-term circumstance, and the overall strengths, particularly the talent that fueled Israel\u2019s previous phenomenal growth will reassert themselves.<\/p>\n\n\n\n<p>The economic sector where there has been no slowdown is the defense industries. Since the start of the Russia-Ukraine war, orders for Israeli arms have been pouring in. With Europe rearming, and NATO members actually planning to reach the 2% of GNP, there is a large market for Israeli defense products. The only negative is that Defense products require physical manufacturing, so the value-added and profit is not anything like the software industry. It&nbsp; does however provide good paying jobs to people who would not easily find their way to the high tech world.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"936\" height=\"702\" src=\"https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7.png\" alt=\"\" class=\"wp-image-1081\" srcset=\"https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7.png 936w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7-300x225.png 300w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7-768x576.png 768w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7-80x60.png 80w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7-265x198.png 265w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7-696x522.png 696w, https:\/\/digitone.news\/wp-content\/uploads\/2019\/07\/image-7-560x420.png 560w\" sizes=\"auto, (max-width: 936px) 100vw, 936px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Israeli economy is an unusual place. On one hand, after years of unparalleled growth the high-tech sector has come to a screeching halt. New investment has tanked and some of the Unicorns have found their values cut in half or more. This decline could be a short term phenomena, but it could represent a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-1698","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"_links":{"self":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts\/1698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/comments?post=1698"}],"version-history":[{"count":1,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts\/1698\/revisions"}],"predecessor-version":[{"id":1699,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/posts\/1698\/revisions\/1699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/media\/1081"}],"wp:attachment":[{"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/media?parent=1698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/categories?post=1698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitone.news\/index.php\/wp-json\/wp\/v2\/tags?post=1698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}