not everywhere· Politics· Updated 23 Oct, 21:28

Netanyahu Prepares Israel for Potential Diplomatic and Economic Isolation

Prime Minister Benjamin Netanyahu warned on Friday, October 23, 2026, that Israel must prepare for potential international economic and banking sanctions. In interviews, Netanyahu revealed he has ordered the preparation of a contingency plan to bypass traditional financial systems under international pressure, exploring alternative economic strategies that include blockchain technology and decentralized cryptocurrencies.

4 newsrooms · 3 languages · since 23 Oct, 18:29

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What happened

01Prime Minister Benjamin Netanyahu has ordered a contingency plan exploring blockchain and cryptocurrencies to counter potential international economic and banking sanctions.
02Netanyahu warned that Israel must prepare for a potential reduction or cessation of U.S. military aid after President Donald Trump's term ends.
03The Prime Minister expressed strong disagreement with Bank of Israel Governor Amir Yaron over warnings about the economic strain of increasing defense budgets.
04A JPPI database shows the United States has the most recorded restrictive measures against Israel with 15 actions, followed by Spain with 10.
05Opposition leader Yair Lapid criticized Netanyahu's policies, warning that they are leading Israel toward diplomatic and economic isolation.
06Experts consulted by Globes cautioned that blockchain and digital currencies may not fully negate sanctions due to traceability and foreign regulations.

Netanyahu also cautioned that Israel can no longer rely on receiving tens of billions of dollars in American military aid after the term of President Donald Trump concludes. Citing internal changes in the United States, Netanyahu urged the country to prepare for a potential reduction or cessation of U.S. defense funding. He also expressed strong disagreement with warnings from the Governor of the Bank of Israel, Amir Yaron, regarding the economic strain of increasing defense budgets.

According to data from the Jewish People Policy Institute (JPPI), the United States leads in restrictive measures against Israel with 15 recorded actions, followed by Spain with 10, the United Kingdom with 8, and Turkey. While these measures range from legislative proposals to academic boycotts, experts consulted by Globes warned that cryptocurrencies may not fully circumvent international sanctions due to traceability and foreign regulations. Opposition leader Yair Lapid criticized Netanyahu's policies, warning that they are leading Israel toward diplomatic and economic isolation.

Summarized by baba from the reports of 4 newsrooms. Updated 00:32