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 Discussions within the Democratic Party whether it would be beneficial to replace Biden
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Recent appearances by President Joe Biden have sparked internal discussions within the Democratic Party about the viability of his candidacy leading up to the November elections. Some members are questioning whether it would be beneficial to replace him, given his recent statements and physical demeanor

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Jun 29, 2024

Israel, the United Arab Emirates and Bahrain leaders signed an historic normalization agreement
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The historic signing ceremony for the normalization agreements between Israel and the United Arab Emirates and Bahrain ended on the southern lawn of the White House in Washington. The ceremony will be attended by hundreds of guests, and in the presence of Prime Minister Benjamin Netanyahu, US President Donald Trump, UAE Foreign Minister Abdullah Ben-Zayed, and his Bahrain counterpart Abdel-Latif al-Ziani. At the head of the speeches was President Trump. He referred to past relations between Israel and Arab countries in the Middle East, and welcomed the agreement. "In the history of Israel,...

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Sep 15, 2020

Israel Aerospace Industries will establish an online cyber academy in Bosnia-Herzegovina
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IAI has signed a cooperation agreement with the Bosnia-Herzegovina government to establish an online cyber academy in the country. As part of the agreement, the cyber experts of the Elta Division and the Singapore subsidiary, Custody Technologies, will conduct targeted training accompanied by the company's cyber simulator / trainer, TAME RANGE, which is a unique platform that simulates a wide range of cyber scenarios and enables practice, learning and application in the field. In addition, the coach has online verification and testing capabilities of the being taught and he provides...

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Oct 2, 2020

 Bank of Israel extends the outline of freezing of bank loan payments until the end of 2020
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The Bank of Israel extends the outline of freezing of bank loan payments received in May due to the Corona crisis. The Supervisor of Banks announced today (Monday) the extension of the possibility of freezing loans, when according to the new outline it will be possible to apply for a freeze for all types of loans such as consumer loans, mortgages or business loans, until the end of October. The significant expansion of the mortgage has been made in the field of mortgages: It has been established that in this area, customers who have already requested a mortgage freeze will be able to...

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Jul 13, 2020

Academic year opened on Sunday: 350,000 students are studying at 59 universities and collages
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After a year and a half of partial distance learning, the academic year opened on Sunday and hundreds of thousands of students will fill the campuses and study in classrooms. The studies will take place under the rules of the "green character". Thus, higher education institutions have announced that most of the learning will take place on campuses, but they intend to incorporate distance learning on a limited scale as well. 350,000 students are expected to study in the current academic year at 59 institutions of higher learning. This is an increase of four percent compared to the previous...

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Oct 10, 2021

Finance Committee approved the budget laws for 2nd and 3rd reading in the Knesset
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On Thursday night, the Finance Committee approved the budget laws for the years 2022-2021 for a second and third reading in the Knesset. Last minute: An additional NIS 91 million was agreed for the opposition in the coalition agreements. After approving the numerical part of the budget last night, the committee also approved the verbal part tonight, thus concluding the budget discussions and the Arrangements Law ahead of next week's Knesset votes. Today, discussions on the Arrangements Law are expected to continue in the various committees in the Knesset, prior to its approval there as...

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Oct 28, 2021

Tax Authority postponed until October the deadline for repaying back aid grants illegally received
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The tax authority has not yet begun taking enforcement action to return aid grants to businesses that illegally received the money during the Corona crisis. Following pressure from the self-employed, the tax authority postponed for two months, until October 2021, the deadline for repaying the debt, through an arrangement for the distribution of interest-free payments. As part of the corona grants, billions of shekels were paid to businesses based on their statement. In retrospect, it became clear that these were not eligible for the grants because the extent of the damage to the business...

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Aug 10, 2021

Israel is among the 10 happiest countries in the world - Finland is the happiest fifth year in a row
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Israel is among the ten happiest countries in the world, according to the World Happiness Report published today, this is the tenth year. Israel was ranked ninth in the ranking, compared to 11th place in 2021 and 14th place in 2020. Finland is the happiest country in the world for the fifth year in a row in the ranking, where more than 150 countries are ranked. The ranking is published by a body called the UN Sustainable Development Solutions Network, and is based on data from a Gallup global survey, along with other variables such as per capita GDP and life expectancy. Finland's...

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Mar 18, 2022

Economic Impact of War: Israeli Average Salary Sees Fluctuations - High-Tech Sector Stalls
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Recent data from the Central Bureau of Statistics (CBS) paints a complex picture of Israel's economic landscape in October, the month when the war broke out. The average salary for a salaried employee stood at NIS 12,492, showing a 6% increase compared to October 2023 but a noticeable dip from September's almost NIS 13,000. Adjusted for inflation, the average salary at constant prices was NIS 10,619, reflecting a modest 2.2% uptick from October the previous year

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Jan 18, 2024

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