Good evening and welcome to the Worldview Report. I’m Brannon Howse. Leading off tonight, the state of Israel is leading the way into the cashless society. A new Israeli law went into effect Monday prohibiting cash payments to businesses of over $1,760, the equivalent of 6,000 New Israeli Shekel or NIS. Previously, the use of cash up to $3,200 could be used in business deals. The ceiling for transfers between private individuals will be $4,400, a decrease from the current limit of nearly $14,700, according to a report by Israel 365 News.
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Sincerely
Brannon Howse
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