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The open banking reform takes effect tomorrow For the first time, customers will be able to transfer banking information to innovative technological entities in a kind of "financial ZAP" that will strengthen customers vis-à-vis banks, promote fintech companies' entry into the market and increase competition in the banking system. One of the significant barriers to increasing competition in the banking system in particular and the financial system in general is the monopoly held by financial entities over the financial information of their customers. The Financial Information Service Law,...

After Finance Minister Avigdor Lieberman claimed yesterday that rental prices had not risen significantly, the Knesset approved the establishment of a committee to examine the rental housing market under the Economics Committee, headed by MK Yevgeny Soba, a Knesset member of Lieberman Yisrael Beiteinu's party. The faction because he did not know at all about the establishment of the committee and not about the appointment of MK Soba. The committee that will be established will also include MK Limor Magen Telem (Yisrael Beiteinu) and MKs Ron Katz (Likud) and Uri Maklev (Torah Judaism)....

The 118 information and telephone assistance center operated by the Ministry of Welfare, which began operating in 2004, and which is intended to provide information services and initial assistance to the general public, provides the most customer service. According to internal data, calls to the call center last an average of one minute and 22 seconds. "What can be done in almost 90 seconds? Maybe apologize for the lack of help or refer the caller to another source," says Edith Lev of the "Forum for Combating Poverty." The "Rabbis for Human Rights" organization reports similar cases: about...

The big party of the gay community: The 23rd Pride Parade in Tel Aviv was launched at noon (Friday) from the gathering stage at Sportek North in the city. More than 80,000 people attended the event. "We are here each and every one of us to celebrate our colorfulness, to demand our right to security in the public space, to show ourselves and our right to full equality of rights in the State of Israel," said Tel Aviv-Yafo Mayor Ron Huldai, who launched the parade with Hila Peer, Yu. R. Partner of the Association for the LGBT. The parade passes through Rokach Boulevard and will reach the show...

Following the rise in corona morbidity, and after health ministry experts recommended Wednesday return and wear masks indoors and in gatherings, Corona projector Prof. Salman Zarka said today that the rise in morbidity "worries senior Ministry of Health officials". He recommended to "be careful and put on a mask indoors", but clarified that "Israel will not obligate the public to regulations and restrictions. " In an interview with prof. Zarka the project manager referred to the increase in morbidity and said that "we are monitoring it and conducting situation assessments. As the increase...

Ministry of Finance officials have already estimated that their work on the 2023 budget will probably be in vain, and this evening on Wednesday Finance Minister Avigdor Lieberman confirmed the assessment and announced that budget discussions are frozen at this stage. This is after the coalition suffered another discrimination in the Knesset with the minimum wage law of the opposition, which passed a preliminary reading contrary to the government's position. Lieberman said after his decision: "This is not the right time to bring in a budget, until everything calms down and stabilizes."

The number of verified people reached a peak of a month and a half yesterday, the Corona also made a comeback in the Knesset - and now the Ministry of Health is re-launching the information campaign and may postpone the abolition of isolation for verified people. Health Minister Nitzan Horowitz, who himself was positive about the virus yesterday, convened a discussion with senior officials of his ministry this afternoon (Tuesday) following the increase in morbidity, and it was finally decided that alongside the renewal of the information campaign, the elderly population and people at risk...

Dudi Ezra, the controlling owner of the Neto Holdings group and chairman of the group, was arrested by the tax authority on suspicion of smuggling more than 475,000 euros abroad. After being brought to the Jerusalem Magistrate's Court on Monday, he was released on restrictive conditions. The request for arrest and release on bail submitted by the Tax Authority against Ezra shows that the Jerusalem Customs and VAT Investigations Department, in cooperation with the customs inspectors at Ben Gurion Airport's passenger hall, is conducting an investigation against Ezra on suspicion of smuggling...

After quite a few delays, the "Shark" rig arrived in Israel and infuriated the Lebanese. The reason for this lies in the conflict over the economic maritime border between Israel and Lebanon, an area with the potential to find gas reserves that could dramatically improve the precarious economic situation of the land of cedars. In order to protect the rig, last week the Economics Committee approved a no-go zone at a distance of about 500 meters from the outer edge of the rig, and within a radius of 1,500 meters around the location of the rig. In Israel, they intend to produce gas from a...

The average wage in Israel continued to rise, and as of March was NIS 12,672, according to data from the Central Bureau of Statistics. This is an increase of 5.2% compared to the previous month and an increase of 1.5% compared to the corresponding period last year. However, the increase in the average wage is explained as a seasonal change. The average high-tech salary in March was NIS 29,772, a decrease of about 1% compared to the previous month and an increase of 2.5% compared to the corresponding period last year. The average wage in high-tech is 2.4 times higher than the average wage...