Netanyahu Warns of Sanctions Risk as Israeli Stock Market Opens Lower

According to Israeli media reports, the Tel Aviv Stock Exchange opened lower this morning. This is the first stock market decline since the Israeli Prime Minister made remarks about Israel needing to prepare for international sanctions and decoupling from the global economy. Israeli Prime Minister Netanyahu said in an interview last Friday that he has ordered the formulation of a plan to enable Israel to cope with possible restrictions on the financial system through alternative payment methods such as crypto assets.