Ronald Cohen, co-founder of Apax: "An economic boycott of Israel is beginning. If it reaches the banks, it will be very dangerous"

Sir Ronald Cohen, co-founder of Apax, warns in an interview with Globes of an incipient economic boycott of Israel that could spread to banks. He criticizes the government's handling of antisemitism and identifies a bubble in artificial intelligence.

Sir Ronald Cohen, co-founder of the Apax fund and a pioneer of the European venture capital industry, warns in an exclusive interview with Globes of an incipient economic boycott of Israel. According to him, the boycott begins in the settlements but could spread to banks, which would be very dangerous. Cohen criticizes the government's handling of antisemitism and the neglect of the battle for global public opinion in favor of the military war. He identifies a bubble in the global artificial intelligence industry, with excessive valuations and an expected correction. Cohen expresses hope for a return to stability and moderation in Israel, and calls for preventing Israeli startups from leaving. He notes that the total cost of the war reaches 150 to 200 billion dollars, and the public debt has risen from about 60% of GDP to nearly 70%.

Ronald Cohen, co-founder of Apax: "An economic boycott of Israel is beginning. If it reaches the banks, it will be very dangerous"