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Fighting for democracy: Tens of thousands stood in silence and grieve all over Israel
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The demonstrations against the legal revolution led by Prime Minister Benjamin Netanyahu and Justice Minister Yariv Levin continued this evening (Saturday) in the shadow of the attacks that took place during Shabbat in Jerusalem. About 40,000 people came to the centers of the demonstrations in Tel Aviv, in Haifa about 13,000 participated in one of the largest demonstrations ever held in the city, and large demonstrations were also held in a number of other cities

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Jan 28, 2023

 Papaya Global takes all the company's money out of Israel - Money is taken out of the country
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The founder and CEO of the high-tech company Papaya Global, Einat Gaz, announced this morning (Thursday) that she has decided to take all of the company's money out of Israel following the promotion of the legal reform. "There is no certainty that we can conduct international economic activity from Israel, this is a painful but necessary business step." . According to Gaz: "Following Prime Minister Netanyahu's statements that he is determined to pass reforms that will harm democracy and the economy, we made a business decision at Papaya Global to withdraw all of the company's funds from...

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Jan 27, 2023

Public debt-to-GDP ratio for last year decreased by 7.1% and amounted to only 60.9%
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The Accountant General at the Ministry of Finance, CPA Yali Rotenberg, published the first estimate of the debt-to-GDP ratio for 2022, according to which the public debt-to-GDP ratio for last year decreased by 7.1% and amounted to only 60.9% compared to 68% in 2021. Meaning: this is still At a slightly higher rate than it was before the coronavirus in 2019, but still at the largest-ever decrease in state debt in one year

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Jan 18, 2023

They have no shame: Knesset members approved themselves a 5.1% increase in their salaries
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The Knesset committee approved the recommendation of the public committee for determining the salary for Knesset members, according to which the salary of Knesset members should be increased by 5.1%, instead of the automatic update of 12.5% in accordance with the increase in the average salary in the economy

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Jan 17, 2023

Job vacancies  in the high-tech sector continue to decline: dropped by 8% in November-December
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According to the data of the Central Bureau of Statistics (CBS) published on Tuesday, last December there were approximately 141,543 vacancies in the economy - similar to November. But in the high-tech sector the decline continued, when the average in October-December was 11,468 vacancies for engineers, of which 7,282 Software developers - a drop of 8% compared to the September-November average and a drop of about 35% compared to the numbers a year ago which were 16,899 engineers, of which 13,280 were software developers

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Jan 17, 2023

Chief economist at the Ministry of Finance: Real estate sales and prices decline
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The investors are disappearing, the apartment buyers are sitting on the fence, the supply of subsidized apartments has decreased, and on the streets you can already feel the drop in prices. This is according to the review of the real estate market in November, published by the chief economist at the Ministry of Finance. The declines in apartment sales and the signs of the approaching crisis in the industry - which began already in the middle of last year - have so far not affected the price indices of the apartments which continued to rise, at least until last September. The main factor...

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Jan 11, 2023

For the first time since 1987 the government ended a calendar year with a budget surplus
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For the first time since 1987, the government ended a calendar year with a budget surplus, not a deficit. 2022 ended with a surplus of 0.6% of GDP, following the sharp increase in tax revenues - compared to a deficit of 4.4% the previous year

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Jan 11, 2023

Privatization of Haifa port has finally been completed: State will be enriched by NIS 3 billion
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The privatization of the Haifa port has finally been completed, which will enrich the state coffers by a little less than NIS 3 billion, and approximately NIS 1 billion to the Haifa Port Company, when the "Adani Gadot" group transferred the payment. Thus came to an end a long and complex process of privatizing the port of Haifa, the first port in the State of Israel. The group, which consists of the company Gadot Mesofim for Chemicals (1985) Ltd. and the Indian company Adani Ports and Special Economic Zone Ltd., owned by the third richest man in the world, Gautam Adani, successfully...

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Jan 10, 2023

Partner will compensate by NIS 3 million in benefits for a huge glitch in its television broadcasts
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Partner will compensate with benefits amounting to an additional three million shekels for a huge glitch in its television broadcasts two years ago: Last week, a request was submitted to the District Court in Tel Aviv to approve a settlement agreement and grant validity of a judgment to the settlement agreement, as part of requests to approve class actions filed in 2021 against the company Partner Communications. In the center of the applications submitted through three different law firms, it is claimed that for several days in January 2021, Partner TV's television services were down for...

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Jan 9, 2023

Transportation Minister Regev:  On Shabbat only work related to supervision will be carried out
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The new Minister of Transportation, Miri Regev, met earlier today (Sunday) with senior officials of the Ministry of Transportation and Israel Railways to discuss work on the railroads on Saturday. Regev said that on Shabbat only work related to supervision will be carried out, and asked to present additional solutions to reduce work on the track on Shabbat. Last night, those around the minister also claimed that despite the request of the minister of housing and Torah Judaism chairman Yitzhak Goldknopf to stop the works on Shabbat, they will continue.

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Jan 8, 2023

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