and i suppose the other big concern is investment in israel. israel s much fabled startup high tech sector where investment has fallen at a much faster rate than it has fallen in startups around the world in terms of investment from venture capital firms in to startups. and that is a big worry for israel because high tech exports account for about half of all israeli exports. so if the high tech sector is impacted, that will have a big impact on the economy as a whole. but it is not all doom and gloom. certainly that is what benjamin netanyahu and his finance minister were trying to say yesterday in the wake of this announcement by moodys. they were saying look, once the dust settles, everyone will see that the israeli economy is strong and to be fair they reckon it will grow about 3% this year, that is not too shabby. and also there are big investments coming in the gas sector and just yesterday, we had a big french aerospace and
going to the national public broadcaster, it was going to other places. that was widely seen as an attack on the independence of the broadcaster, actually, by making it more reliant on tax money, which can be easily cut, and less able to guarantee its funding and to carry out independent journalism. so, you know, macron may be doing this as a vote winner, but actually, whenever politicians say we need to replace the licence fee with something else, we need to be very wary about what their intentions actually are. chris curtis from broadcast, if i bring you back in, i saw that broadcast was reporting this afternoon that one of the big french tv bosses has claimed that a le pen victory would mean french state tv assets being sold to a billionaire. yeah. i mean, dominic summed it up quite well there is a period of reckoning coming for public service broadcasters around the world, and it s going to be challenging, but i suspect that one of the things that those organisations need to do i
by making it more reliant on tax money, which can be easily cut, and less able to guarantee its funding and to carry out independent journalism. so, you know, macron may be doing this as a vote winner, but actually, whenever politicians say we need to replace the licence fee with something else, we need to be very wary about what their intentions actually are. chris curtis from broadcast, if i bring you back in, i saw that broadcast was reporting this afternoon that one of the big french tv bosses has claimed that a le pen victory would mean french state tv assets being sold to a billionaire. yeah. i mean, dominic summed it up quite well there is a period of reckoning coming for public service broadcasters around the world, and it s going to be challenging, but i suspect that one of the things that those organisations need to do is kind of grasp the nettle and start to have proper, progressive conversations about alternatives. the bbc traditionally has been very defensive, and unders
this as a vote winner, but actually, whenever politicians say we need to replace the licence fee with something else, we need to be very wary about what their intentions actually are. chris curtis from broadcast, if i bring you back in, i saw that broadcast was reporting this afternoon that one of the big french tv bosses has claimed that a le pen victory would mean french state tv assets being sold to a billionaire. yeah. i mean, dominic summed it up quite well there is a period of reckoning coming for public service broadcasters around the world, and it s going to be challenging, but i suspect that one of the things that those organisations need to do is kind of grasp the nettle and start to have proper, progressive conversations about alternatives. the bbc traditionally has been very defensive, and understandably so, about the licence fee and independence from government is absolutely crucial to its future. but if it becomes so wedded to the licence fee that it isn t prepared to e