• 11/25/2024

Israeli SVB branch closes after collapse, dozens laid off

Jerusalem Post Experts warned that following the collapse, Israeli startups will face decreased valuation and increased competition for funding. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734064

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Israel stocks slip on SVB failure, government vows aid for tech firms

Jerusalem Post Israel’s tech sector is the country’s main growth engine and its relationship with the Silicon Valley region is strong. Many Israeli startups had accounts at SVB although the amounts are unconfirmed. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734059

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Silicon Valley Bank fallout starts to spread around the world

Jerusalem Post SVB had branches in Canada, the UK, China, Denmark, Germany, India, Israel and Sweden, and the scenes coming out of California are just the beginning. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734050

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‘History will hold Donald Trump accountable’ for Jan. 6, Pence says

Jerusalem Post Pence, who is considering a run for the Republican nomination for the 2024 presidential election, was whisked to safety by law enforcement during the attack. https://www.jpost.com/american-politics/article-734043

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Russian Orthodox head appeals against eviction of church from Kyiv

Jerusalem Post The Ukrainian culture ministry says the church has until March 29 to leave the 980-year-old Kyiv-Pechersk Lavra monastery complex, where it has its headquarters. https://www.jpost.com/christianworld/article-734031

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Silicon Valley Bank collapses, largest failure since 2008 crisis

Jerusalem Post Netanyahu says he is closely following the events. https://www.jpost.com/business-and-innovation/article-734023

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Elon Musk: Capitol rioter QAnon Shaman must be freed from prison

Jerusalem Post Despite Musk’s claims of false portrayal in the media, the QAnon Shaman plead guilty in September 2021 to obstructing an official proceeding when he stormed the US Capitol. https://www.jpost.com/american-politics/article-733993

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Colors on ancient pottery tell of Peruvian empire’s influence – study

Jerusalem Post The Wari empire existed in parts of Peru from 600 CE until 1050 CE, pre-dating the Inka.  https://www.jpost.com/archaeology/article-733982

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Ancient ‘demonic’ temple with painted human remains found in Peru

Jerusalem Post A Spanish explorer from the 17th century described the temple as being used for demonic summonings and mentioned a witchcraft university nearby. https://www.jpost.com/archaeology/article-733977

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Financial uncertainty doesn’t bode well for global business – opinion

Jerusalem Post Until now, most tax treaties are bilateral and not multilateral. MoMA doesn’t actually prescribe anything new, but it presents current “best” practice for resolving multilateral tax disputes https://www.jpost.com/business-and-innovation/opinion/article-733888

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