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Prime Minister Benjamin Netanyahu speaks during an interview with the Channel 10 economic TV network, October 22, 2026. (Screenshot/Channel 10/YouTube)

A group of 109 senior economists, business executives, and former public service officials expressed “grave concern and anxiety” Sunday after Prime Minister Benjamin Netanyahu said Israel should prepare for potential international sanctions on its banking system, and for the use of cryptocurrencies to circumvent them.

In a statement, the Economists’ Forum for Democracy called the proposal “puzzling,” and warned that Netanyahu is knowingly leading Israel toward international economic boycott and isolation, which will cause “irreversible damage.”

The forum warned that sanctions on the Israeli banking system would mean that corporations, exporters, investors and, above all, the tech sector will be unable to operate.

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Promoted: JPPI, Rabbi Sharon Brous

“Unemployment will surge, foreign investments will vanish entirely,…