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The OECD has published an optimistic forecast according to which the Israeli economy is expected to grow by 5% this year, and by 4.5% in 2022. Although current growth forecasts for the global economy (5.8%) and the countries of the organization (6.3%) are higher than for Israel, it is worth considering two additional data: The decline in Israel's GDP as a result of the corona crisis was lower than in the world and the West Of 3.5% and 4.8% respectively), but the expected growth rate next year is higher in Israel than in the rest of the world and the Western world (as mentioned, an increase...

The economy continues to recover. For the first time since the start of the Corona crisis, the percentage of unemployed in the Central Bureau of Statistics' expanding calculation fell from 10%, to 9.6% in the first half of May. The percentage of unemployed in the limited calculation used by the Treasury fell to 6.7%. This is according to data from the Labor Force Survey published by the CBS. However, it is likely that in the second half of May, in which Operation Wall Guard was conducted, the downward trend in the unemployment rate was halted

Following the criticism in recent days, Finance Minister Israel Katz instructed the professionals in his office to expand the outline of compensation to be given to businesses as part of the Wall Guard operation, so that businesses within 40-80 km of the Gaza Strip border will also be entitled to compensation. In the cities involved, any business owner who was injured during the riots and closed for at least 7 days will also be able to receive indirect compensation beyond the direct compensation. As part of the new outline that will be submitted to the Finance Committee for approval next...

Customers from all over the country came to support businesses in the southern region after the ceasefire after 11 days of fighting. They did shopping to sit in containers in the city, and so people had to wait in long minutes until a table became available for them. In Ashkelon, too, the cafes were filled with people today, and in Roja's coffee, the parliaments returned. "We are returning to life in Ashkelon, everything is full, after two difficult weeks." "We waited patiently for the operation to end," says Herzl Gabriel, who arrived with his family from Tel Aviv. "We came to support the...

Just before the change of the company's CEOs, when Avi Zvi replaces Itzik Benvenisti, Partner reports this morning on its financial results in the first quarter of the year, which show that the trend continues to increase in the company's customers in the fixed segment and this is reflected in increased revenues. Partner's revenues in the first quarter of the year grew by 3% to NIS 833 million. By segmentation, Partner recorded a 2% decrease in revenues from cellular services, partly as a result of the corona crisis that reduced the company's revenues from roaming services

Bezeq reported to the stock exchange tonight (Tuesday) that it intends to deploy fiber optics for 80% of households in Israel - within 6 years. The Ministry of Communications, which formulated the fiber outline, managed to push the most significant player in the market after years in which Bezeq refrained from deploying fiber optics and connecting homes to high-speed Internet infrastructure. The company - which has invested hundreds of millions of shekels in the project to date - has reported that it intends to continue investing another Billions of shekels in it

The Minister of Finance, Israel Katz, announced that he had agreed with the Director of the Tax Authority on the outline of compensation for indirect damages due to Operation The Wall Guard. This means that gates in the south, such as Ashkelon, Sderot and Beer Sheva, will receive compensation, but the Gush Dan and Shefela areas will not receive any compensation, even though they have received rocket fire. The compensation will be given to businesses for a decrease in business turnover or for wages paid to employees who are absent due to the security situation. Businesses in the Gaza...

Two young men in their 20s were injured in a stabbing attack, one of them seriously and the other lightly. They were stabbed on Haim Bar Lev Boulevard in Jerusalem, near the light rail station not far from the national police headquarters. MDA staff arrived at the scene and treated the two and evacuated them to Hadassah Hospital on Mount Scopus. Police officers who arrived at the scene began investigating the circumstances of the case, at the same time the terrorist was shot and neutralized. MDA paramedic Sigalit Mizrahi said: "We arrived at the scene and saw two wounded with stab wounds...

The Employment Service report, the first part of which is published today, shows that the number of jobseekers claiming unemployment stood at 490,855 in April, and decreased by 14.4% compared to March. The cumulative number of all jobseekers also decreased by 13.6%. Regarding this figure, it should be noted that most of the decrease was recorded among jobseekers who were on unpaid leave. The number of job seekers registered is the lowest since the second closure. There was also a significant improvement in the number of job seekers in relation to each vacancy: in April the best figure was...

A few days ago, the Israeli government signed a contract with Amazon and Google, the happy winners of the first tender in the "Nimbus Project" for the provision of cloud services to the Israeli government sector. The winners will be required to establish cloud areas in Israel (Region) in the next two years; Until established, the winners will provide cloud services from the Netherlands, Germany and Ireland. The tender is valid for 7 years, with the possibility of extensions up to a period of 23 years in total. The Nimbus project is intended to enable government ministries, security bodies...