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The Knesset's Economics Committee on Tuesday discussed the severe damage to the self-employed during the Omicron wave, with the Ministry of Finance refusing to approve a compensation plan for the self-employed at this stage. The meeting is also attended by Finance Minister Avigdor Lieberman. He said, "Within two weeks we will agree on a safety net for the self-employed. It will probably also involve changes in legislation. We do not intend to abandon anyone. Anyone who needs assistance will receive assistance." The finance minister explained that on February 25, after the business...

The grants announced by Prime Minister Netanyahu at the beginning of last week and promised to be paid by last Wednesday have not yet reached the bank accounts of Israeli citizens. Today, Sunday, the government approved the grants in the total amount of six billion shekels. However, it seems that not every citizen will receive the same grant in the coming days as Prime Minister Netanyahu announced. The proposals that will be summarized on Monday morning in the "Four Committee" of Prime Minister Benjamin Netanyahu, Defense Minister Bnei Gantz, Finance Minister Israel Katz and Economy...

The Omicron variant could jeopardize the global growth trend and lead to a continuation and worsening of inflation, the OECD report published today (Wednesday) states. Total government and domestic product. According to OECD forecasts, the debt-to-GDP ratio will improve more rapidly relative to previous forecasts by local bodies. The organization expects that the ratio of public debt to GDP will decrease. According to the OECD, following the jump in debt raising, the ratio reached 71.5% in 2020, and it remained the same in 2021. However, as early as 2022, the debt-to-GDP ratio will begin...

The Corona Cabinet has approved the updated traffic light index, according to which studies will be able to resume in cities defined as "bright orange" from next Tuesday. The localities where more studies are open are Gush Etzion, Gan Yavne, Ganei Tikva, Yokneam Illit, Kfar Yona, Mevaseret Zion, Ma'ale Adumim, Nahariya, Pardes Hanna-Karkur, Rehovot and Ramat Gan. They will also be able to reopen their studies in the settlements of Yakir and Peduel in Samaria, Mevo Horon in Mateh Binyamin, and in Sde Nehemia in the Upper Galilee. In Eilat, the municipality announced that the institutions...

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...

The Corona Cabinet decided on Monday towards midnight that studies in the 23 local authorities defined as “red” due to high morbidity figures will not open today. The decision was made unanimously in the cabinet, and is valid until Thursday. Then the ministers will convene again and discuss whether to impose a closure on some of those local authorities. Wherever a closure is imposed there will be no studies. The Ministry of Health has published a list of the 23 authorities, which according to the "traffic light" program of the projector Prof. Roni Gamzo will be subject to many...

The representatives of the state and the teachers' union signed the new employment agreement with the teachers' union on the night between Wednesday and Thursday, which will include, among other things, an increase in teachers' salaries already now and a change in the vacation schedule starting next year

About 60 students from Israel from 3 academic institutions (Tel Aviv University, Hebrew University and Interdisciplinary Herzliya) participated in the L'Oreal Marketing Innovation Competition - BRANDSTORM this year and joined 40,000 students who participated in the competition worldwide. The theme of this year's competition was sustainability: BUILD A PLASTIC-LESS FUTURE IN THE BEAUTY INDUSTRY, in collaboration with L'Oreal's consumer products division. Eighteen outstanding students rose to the final stage, and last week (19.5.20) the final competition was held, as the winning team from...

Preliminary data from the Leumitech and IVC report for the third quarter of the year in the Israeli high-tech sector reveals intriguing insights into the industry's recent performance. While headline figures indicate a significant decline in investments, a closer look reveals encouraging signs of stabilization and recovery