Israeli Prime Minister Benjamin Netanyahu warned on Saturday that the implosion of Silicon Valley Bank (SVB), the second largest bank failure in US history, created a deep crisis in the technology industry. "I am closely monitoring the collapse of the American investment bank, Silicon Valley Bank, which has led to a major crisis in the high-tech world," tweeted the Prime Minister of Israel. Netanyahu said that he's been in touch with senior Israeli tech figures following the collapse of Silicon Valley Bank in the United States. "If necessary, out of responsibility to Israeli high-tech companies and employees, we will take steps to assist the Israeli companies, whose center of activity is in Israel, to weather the cash-flow crisis that has been created for them due to the turmoil," he tweeted. Meanwhile, Netanyahu said that the Israeli economy is strong and stable, adding "which finds expression in this crisis as well." Netanyahu, who is in Rome fo...
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