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Bloomberg: How the Constant Threat of War Shaped Israel’s Tech Industry

Unit 8200 is Israel’s most mysterious agency. No one outside knows exactly how it operates, who works there, or how they learn. All the public knows for certain is that Unit 8200 has been the beating heart of Israel’s spectacular—and in many ways unmatched—technology boom.

Read the full story at Bloomberg, by Ashlee Vance 

According to Bloomberg first quarter of 2016 growth was only 0.8%, far below the analysts’ expectations of 2.6%. “Lackluster expansion may be the new normal, ” Ministry of Finance chief economist Yoel Naveh told Bloomberg, citing low Arab and ultra-Orthodox Jewish participation in the workforce, a labor shortage in high-tech, and weaker demand for Israeli exports…

 

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