In an Israeli TV interview broadcast on October 23, when Israeli Prime Minister Binyamin Netanyahu was asked if he would be concerned about US-Israel relations after US President Trump leaves office. He said that “there will never be a president as friendly as Trump” in the future, and Israel must plan ahead. Furthermore, Netanyahu also said that Israel will no longer receive tens of billions of dollars in defense budget aid from the US as in the past because “America has changed” and “it is only a matter of time until all of this is over.” When talking about whether he is concerned about the economic sanctions imposed on Israel by Britain and other countries, Netanyahu said that he has requested the formulation of relevant plans to prepare an “alternative economic system” that can “bypass the sanctions”. Once Israel is sanctioned by the banking sector, blockchain and cryptocurrency networks may be used to “circumvent” it. However, he remains optimistic about the Israeli economy.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.