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The private Israeli space project Berashit may close its flagship program, a probe landing on the moon, in the coming weeks, after its major donors stopped their contributions. This is what the venture's co-founder Kafir Damari said today (Wed) in an interview with Bloomberg. The Israeli non-profit SpaceIL, which is behind the $100 million program, said that the reduced budget jeopardizes the second planned attempt to land a probe on the moon, using the Berashit 2 spacecraft, whose launch was planned for late 2025. "Our donors decided not to continue their contribution after transferring...

The Faculty of Medicine in Tel Aviv has decided that the number of students there is going to increase significantly, and it is expected to undergo a major change in the curriculum and adapt it to the current era. In a letter sent this week by the management of the faculty to all its members, it announced the expected revolution in medical studies in Tel Aviv: 320 medical students per year within three years - instead of the 225 who started the first year this year - and a change in the entire curriculum. Part of the increase was made possible thanks to the cancellation of the American...

The Authority for Consumer Protection and Fair Trade announces its intention to issue an administrative order to stop the violation to the three soft drink companies that dominate the category - the Central Company for the Production of Soft Drinks Ltd., Tempo Beverages Ltd., Yapaura-Taburi Ltd. The companies must return the price to its original value immediately As the price increases and cancel the planned price increase

Four people were murdered at noon on Tuesday in a shooting attack at a gas station near the settlement of Ali in the center of the West Bank. Four other people were injured, one seriously, and the rest moderately and lightly. The shooting opened at a restaurant and the terrorist was shot dead. There is a suspicion that more terrorists fled the area and the IDF is looking for them

The governor of the Bank of Israel, Prof. Amir Yaron, on Tuesday, summoned the CEOs of the banks in Israel to a meeting on the issue of interest rates on deposits and loans. The conversation that took place in the governor's office was relatively relaxed, but it can be called a "mild reprimand conversation", in which the governor criticized a lack of sensitivity towards the middle-class populations mainly those who pay high-interest rates on loans and when they have money in deposits and current accounts receive low interest, if at all, in an improbable manner of difference from the...

The fares for travel in public transportation - buses and trains, are expected to become more expensive in July by about 12%, this is due to the increase in the input basket index of public transportation. Although the travel rates were always linked to the index and the increase was expected, the Ministry of Transport did not act to prevent it until now and even blame the previous government

The department in charge of wages at the Ministry of Finance contacted all government bodies, clarifying that workers in public workplaces who do not join the framework agreement will be forced to return in August the NIS 6,000 salary increase they received in March. The measure is intended to put pressure on workers' committees to sign the framework agreement with the state, although its final text has not yet been fully agreed upon and is not known. The framework agreement for the wages of public sector workers, established at the beginning of March, established a gradual wage increase...

Data published on Monday by the Central Bureau of Statistics reveal that the basic unemployment rate rose slightly in May to 3.5%, after it was 3.1% in April, 3.3% in March, 3.7% in February, 4.1% in January and 4.3% in December. Before seasonally adjusted data that neutralizes irregular jumps and external events, the unemployment rate remains at 3.6%, and in any case, it is a relatively low unemployment rate both in Israel's past and in the world today

The scope of the use of digital wallets and smart watches reached a peak of NIS 3.2 billion in May: 2.7 times compared to its scope in May 2022, according to SBA data, which develops and manages the national credit card payment system in Israel. Two years ago, in May 2021, Apple Pay entered Israel and was the first international company operating in the field. In the months before that, a number of local digital wallets were operating, but the scope of use was only tens of millions, and when Apple Pay was introduced, the scope of use was only 150 million shekels

The Ministry of Finance announced that agreements in principle had been received for Intel to build a new factory in Kiryat Gat with an investment of 25 billion dollars. According to the ministry's statement, Intel "is expected to hire thousands of additional workers in Kiryat Gat. It was agreed to significantly increase the tax rate that the company will pay to the state from 5% today to 7.5%. As part of its commitments, Intel is expected to finish the investment and start the plant's operations by 2027 and continue to operate it until at least 2035." Intel will receive a grant of 3...