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The EROS-C3 satellite produced by the Aerospace Industry was launched on December 30, 2022 at 09:20 Israel time, from the SPACEX company's "Falcon 9" launcher at the US Space Force's Vandenberg Base in California, USA. EROS-C3 is one of the most advanced observation satellites in the world, thanks to the integration of breakthrough technological capabilities that allow very high resolution photography on several channels at the same time

For the second time in a year, the Administrative Court canceled a plan to build 3,000 apartments southeast of Ashdod Port, which was twice approved by the National Planning and Building Committee and promoted by the Israel Lands Authority. This is a huge plan to build a new neighborhood known as Lachish Park, on a 612 acre site where Ashdod's new football stadium is to be built. The ruling will force the state to appeal to the High Court or completely cancel the plan. At the beginning of the year, the Be'er Sheva Administrative Court received a petition from the Manufacturers...

The IMF economists express concerns that the conflict in Gaza could escalate further, and continued attacks by the Houthis in the Red Sea, a crucial route for 11% of world trade, could disrupt supply chains and impede the global recovery. The ongoing war in Ukraine adds to the risks, potentially causing spikes in food, energy, and transportation prices, which have already seen a sharp increase

Gross domestic product (GDP), at constant prices and after seasonal adjustment, rose by an annualized 2.2% in the second half of 2018, according to the first estimate released by the Central Bureau of Statistics on Sunday, following a 3.4% In the first half of the year and an increase of 4.3% in the second half of 2017. The decline in growth is explained by the stagnation in exports of goods and services, the decline in investments and the slowdown in expenditure on private consumption, and mainly in the purchase of vehicles

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...

On Wednesday afternoon, the US Department of Commerce dropped a bombshell: it announced that two Israeli companies, NSO and Kandiro, were blacklisted as entities acting against the national interest of the United States, in light of repression aided by the company in authoritarian countries and against democracies. "Foreign governments have served as a means of repression and silence in authoritarian regimes and as a tool against regime opponents, journalists and exiled activists." The decision means that companies will have to issue a special license to trade in the US, but it will also...

The number of job vacancies in October fell by 2%, from 55.5 thousand in September to 54.5 thousand; This is compared to about 100,000 vacancies at the end of 2019. This is according to data published by the Central Bureau of Statistics. The vacancy rate in October was 2.3%, compared with 2.32% in September. The low number of job vacancies is not just a result of the second closure: even in summer the number of job vacancies did not exceed 60,000. The slump in demand for workers is probably due to the uncertainty of the economy during the Corona period, Another factor is the very little...

A perishable personal device for identifying the corona of an Israeli entrepreneur last night received an emergency permit from the US Food and Drug Administration (FDA). Visby Medical has announced that it has received approval for the company's personal and disposable PCR device, which is used for rapid detection of COVID-19 disease; The hand-sized device is capable of delivering extremely reliable results in less than 30 minutes. Visby was founded by Adam de la Zerda, who also serves as the company's CEO, a graduate of the Technion in Computer Engineering. It is reported that the first...

Sad end to the Emilia Cosmetics factory in Yeruham: after it already seemed that they had managed to save the factory - it was decided to close it. The factory currently employs about 80 workers and the management has formulated a conditional agreement with another company operating in the field that may allow workers to find alternative work. The factory said that despite the streamlining measures taken at the factory, the rise in input prices and increased competition with manufacturers from abroad and the move to imports led to the decision