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5 million people have died so far from corona and virus-related complications worldwide
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5 million people have died so far from corona and virus-related complications worldwide. This was reported on Saturday by the Reuters news agency, which noted that with the spread of the delta strain, most of the victims are not vaccinated. According to the news agency, the number of victims worldwide stood at 2.5 million after almost a year after the epidemic broke out, and another 2.5 million died within 236 days. According to Reuters, more than half of the deaths are from the US, Russia, Brazil, Mexico and India. Last week, Reuters noted that an average of 8,000 deaths were reported per...

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Oct 2, 2021

The average wage in the economy per Israeli worker was NIS 11,784 per month
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The average wage in the economy per Israeli worker was NIS 11,784 per month in January 2022, a decrease compared to the previous month when the average wage was NIS 12,142. This is according to data published by the Central Bureau of Statistics (CBS). In the high-tech industry, the average wage continues to be much higher than in the entire economy and even rose close to NIS 1,000 compared with December 2021 to NIS 27,310 (December 26,494). The salaries of the programmers in the field reached NIS 29,558 and of the workers in the field of scientific research and development NIS 29,481

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Apr 4, 2022

 Rally in Tel Aviv Urges Action for Kidnapped Israelis Held by Hamas in Gaza strip
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In a powerful display of solidarity, thousands gathered in Tel Aviv on Saturday evening to rally for the release of individuals held captive by Hamas. Emotions ran high as family members, including Maayan Zim, whose daughter Dafna is among the abducted, took the stage to share their anguish and frustration

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Nov 11, 2023

Microsoft Israel intends to double the number of its employees in the next four years by 2,000
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Microsoft Israel Research and Development announced on Wednesday that it intends to double the number of its employees in the next four years - from about 2,000 to about 4,500. Due to the expected jump in the number of employees, Microsoft has announced that it will open five new development centers in Israel in the coming years. The company will establish a new campus in Tel Aviv that will be spread over 25,000 square meters and will house more than 1,000 employees. A new center in Herzliya will be built with a size of 17,000 square meters that will accommodate 1,000 employees as well...

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Oct 6, 2021

Facebook's parent company -  Meta: Israeli cyber companies attacked thousands in 100 countries
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Severe criticism of Israel from Facebook's parent company: Meta tonight published an extensive report on a months-long investigation conducted by the company, and mapped the activities of spy and surveillance companies on its platform. Of seven companies starring in the report, five are Israeli or have ties to Israel. In all, the seven companies in the report attacked about 50,000 people in 100 countries, including journalists, human rights activists, and opponents of the regime. Meta announced that it had blocked the companies on its platforms. Of the seven companies starring in the...

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Dec 17, 2021

 Corona Cabinet decided to lift all the restrictions on business activities on weekends
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The Corona Cabinet has decided to lift restrictions on business activities on weekends and stays in public playgrounds. These decisions are subject to government approval, and a vote will be taken during the day. It was also decided to increase involvement in the orange and red cities, and it was decided to promote an outline for the opening of the skies on August 16. The focus of the discussion was a confrontation between the prime minister's approach, which pushed for a closure call, For that. The forum convened yesterday to discuss the possibility of new concessions or restrictions on...

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Aug 5, 2020

 Bank of Israel increased the basic interest rate by 0.25% to 0.35% for the first time in 3.5 years
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The Bank of Israel, headed by the Governor, Prof. Amir Yaron, announced today (Monday) an increase in the basic interest rate in the economy from 0.1% to 0.35%. In doing so, the predictions were confirmed that the Monetary Committee is expected to raise interest rates for the first time in three and a half years. Some experts even thought that the bank might raise the interest rate to 0.5% at once, but this forecast did not materialize. Following the increase in the basic interest rate, the prime interest rate will also rise this coming Thursday, after the banks are preparing for a change,...

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Apr 11, 2022

Announced: 3 startups selected to establish Israeli Quantum Computing Center for NIS 100 million
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The Innovation Authority announced the group of companies selected to establish the Israeli Quantum Computing Center with a budget of NIS 100 million for three years. The group will be led by the Israeli start-up company Quantum Mashins, and the Israeli start-up Classic will also participate. The quantum processors will be provided by three foreign companies: Quantware, ORCA Computing, and cold quanta

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Jul 17, 2022

A recovery arrangement was signed with Israel Post: Approximately 1,050 employees will be laid off
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A recovery arrangement was signed between the Accountant General and the Israel Post in the amount of NIS 1.7 billion, along with a new collective agreement with the Post's workers' council. As part of it, out of the company's 5,000 employees, approximately 1,050 employees will be laid off in two phases - the first of which will be in December. The financing agreement consists of the sale of real estate of the post office - which has 700 branches throughout the country - to the state. The value of the assets to be sold is estimated at NIS 800 million. The state will also finance the...

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Sep 19, 2022

The average wage in Israel increased to NIS 11.6 thousand per month - in High-tech to NIS 26.24K
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The average wage in Israel increased in September 2021 compared to the corresponding period in 2020, even though the number of jobs in the economy also increased. This shows that the anomalous situation that characterized the corona crisis - an abnormal increase in the average wage due to the waves of dismissals - is changing and there is a real increase in the average wage. This may be because of the high demand for workers, which creates pressure on employers to raise wages. The average wage of workers in Israel in September was NIS 11.6 thousand per month. This is a decrease of about 1%...

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Dec 2, 2021

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