Israel's Shai Babad on Bank of Israel Policy, Meeting Warren Buffett

The transcript discusses the selection of a new governor, economic policies involving tax cuts, and their impact on growth and deficit. It also covers global economic concerns like trade tensions and Federal Reserve policies. The conversation highlights investment opportunities in Israel, including Warren Buffett's involvement and the country's startup culture.

Who is responsible for deciding on the appointment of the new governor?

• The Economic Council

• The President

• The Finance Minister and Prime Minister

• The Central Bank

What was the central bank's concern regarding the government's fiscal policy?

• Increased defense spending

• Rising inflation

• Potential slowdown due to tax cuts

• High unemployment rates

What was the impact of tax cuts on Israel's deficit?

• Increased the deficit

• Caused hyperinflation

• Had no impact

• Reduced the deficit

Which sectors saw increased expenditure due to policy changes?

• Real estate and construction

• Tourism and hospitality

• Health and education

• Defense and military

What are the two major global economic concerns mentioned?

• Brexit and political instability

• Oil prices and currency fluctuations

• Trade tensions and Federal Reserve rate hikes

• Climate change and cyber threats

How much money was raised at the event hosted by Warren Buffett?

• $50 million

• $80 million

• $120 million

• $100 million

According to Warren Buffett, what is crucial for a company's success?

• Advanced technology

• High market share

• Strong financial backing

• Passionate employees