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President of the Manufacturers' Association Ron Tomer The damage to the entire economy from the three days of fighting is estimated at five hundred and forty million shekels. According to him, the Israeli industry continues to produce under fire with a poorer presence of workers The Manufacturers' Association's estimate is based on the assumption that about a third of the employed in the south of the country were absent from work and ten percent of the workers in the center of the country Following the riots and riots across the country: tens of millions of shekels in damage to...

According to the guidelines of the Home Front Command, studies will not be held tomorrow (Thursday) in most parts of the country - from the Gaza Strip to the localities of Gush Dan and the Sharon. Home Front Command guidelines also apply to Friday until the end of the school day. Since schoolchildren go on holiday for weeks, at this stage the studies are expected to resume on Wednesday, after Shavuot has been banned and only if there is an improvement in the security situation. Following the guidelines, about one million students will not attend school by Wednesday. The guidelines also...

Tensions between Arabs and Jews in Israel reach negative highs in two acts of Lynch in Acre and Bat Yam. In Acre, a Jewish man was beaten and seriously injured. In Bat Yam an Arab man was beaten and seriously injured. In Lod, the riots continue despite the curfew coming into effect, riots began in Bat Yam with members of "La Familia", and also in Tiberias, Haifa and Acre it was not quiet: a 30-year-old Jewish citizen was fatally injured in a lynching attempt in Acre when he was attacked with sticks and stones. MDA staff evacuated him to the Galilee Medical Center in Nahariya. At the same...

The government deficit continues to decline, amounting to 11.2% of GDP in the last 12 months (May 2020-April 2021); This is after the first time since the outbreak of the corona crisis was recorded in March, a decrease compared to the previous month - to 12.1%. State revenues amounted to NIS 35.5 billion in April (NIS 31.4 billion of which are tax revenues). This is about 10% of the state's revenue forecast for 2021. The state's capital raising was (gross) in April NIS 16.8 billion in the domestic market, and NIS 400 million abroad. In April, NIS 10.3 billion was repaid from the total...

A new record in the Bank of Israel's foreign exchange reserves rapidly approaching $ 200 billion. Foreign exchange reserves totaled $ 193.996 billion at the end of April 2021, an increase of $ 8.316 billion compared to the end of March. The balances constitute 48.1% of gross domestic product. The increase in balances is explained by foreign currency purchases by the Bank of Israel in the amount of $ 5.266 billion and transfers by the private sector in the amount of approximately $ 186 million. In addition, foreign currency reserves were revalued in the amount of approximately $ 3.129...

After the mandate for the formation of the government was given to chairman Yesh Atid Yair Lapid, Netanyahu's opponents are preparing for the implementation of the most complex stage to date - a real and public attempt to form a government and prevent a fifth election. From the moment the possibility of forming a government with Netanyahu was dropped, among other things in light of Smutrich's opposition to joining the government with RAAM and Gideon Saar's opposition to joining a government in which Netanyahu will serve as prime minister at some point, Naftali Bennett announced Wednesday...

The recovery of the economy is much broader than expected. April recorded a record state revenue for this month from taxes in recent years. Despite the holidays, total tax revenue in April 2021 was NIS 30 billion. The data, which will be officially published on Sunday, show that this is an increase of close to 30% compared to the state's tax revenues in April 2019, before the corona crisis, which amounted to NIS 23.6 billion. In April 2020, of which the first closure was for 19 days, tax revenues were particularly low at NIS 21.9 billion. The increase in tax revenues last month is due to...

The salary report for 2019 published today (Tuesday) by the Minister of Finance's salary, Kobi Bar-Natan, once again reports a particularly high salary paid to hundreds of employees in public bodies, up to an average monthly salary cost of NIS 119,000 for the 12 senior employees in the PA Airports. The report again includes serious data on huge wage gaps between men and women in public bodies, although the wage commissioner has made efforts in this area in recent years and told us today that "we see some improvement in this area." The wage gap between men and women continues to be high...

First cases of the Brazilian variant of Corona in Israel: A vaccinated baby and adult who returned from abroad became infected with the Brazilian variant and were diagnosed in Israel. The Ministry of Health said on Monday evening that a first case of the variant originating in Chile had also been diagnosed in an Israeli who had returned from abroad. The Ministry of Health announced that as of Monday, new directives regarding entry into and exit from and from Israel came into force. The National Genome Flooring Array has located 19 more verified Indian strain among foreigners. A total of...