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Insurtech Startup Hippo Opens Innovation Center In Israel
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Hippo sets up Israel development center
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Top tech CEOs demand the Israeli government stop depreciating the dollar against the shekel
News Highlights: Top tech CEOs demand the Israeli government stop depreciating the dollar against the shekel
Leading Israeli tech entrepreneurs have written to Finance Minister Israel Katz demanding that the government immediately draw up and implement a contingency plan to save Israeli exports, with a focus on technology, due to the recent strengthening of the shekel relative to the US dollar. The letter, signed by 14 technical executives, entrepreneurs and venture capital funds, warns that without such a move, “ the current crisis facing the Israeli economy will only get worse, as hundreds of thousands of people will join the unemployment ranks, more than those taking their lives. already lost during the Covid-19 crisis. “