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Israel will end 2021 with a deficit of 6.8%, and 2022 with a deficit of 3.9%. After that, the reduced outline of the deficit will continue until 2026, when it will stand at 1.5%, according to the draft decision of the state budget, which the Ministry of Finance submitted to government members this morning. Towards the approval of the budget: The Ministry of Finance distributed to the government ministers the main points of the state budget, which includes the budget framework and the new deficit ceiling, along with the distribution of the budget according to government ministries and the...

Israel's unemployment rate plummeted to 3.1% in August, down from 3.4% the previous month, as reported by the Central Bureau of Statistics. This unexpected decline comes at a time when the nation faces a slew of economic challenges, including a weakening shekel, high-interest rates, a slowing economy, and a high-tech crisis, all while grappling with inflation exceeding government targets

Bezeq has released its sixth report on the state of the Internet in Israel for a summary of 2019. The report, which reviews the Israelis' use and behavior in the digital age, is based on in-depth research conducted by the Company on Internet usage patterns in Israel, its controlling trends and its various uses, as well as data from the Company's activities and systems. The survey included a national sample of 1400 respondents aged 13+ from all sectors, including the first sample of children aged 8 to 12. The survey and infrastructure data collected from Bezeq systems, together with market...

The Medical Federation announced on Sunday evening a labor dispute that will apply to the entire public health system in Israel. The dispute was declared as a result of the non-allocation of standards required to meet the workload during the Corona period and due to the Finance Ministry's decision to impose on hospitals part of the funding of additional standards, which is expected to deepen existing deficits and require layoffs. Finance Minister Israel Katz and Health Minister Yuli Edelstein will hold a meeting tomorrow with representatives of the Medical Federation in order to regulate...

The number of corona patients hospitalized in critical condition continues to decline and tonight (Saturday) their number stands at 694, compared to 741 on Wednesday. However, there has been an alarming increase in the number of serious patients connected to respirators and their number stands at 221 - a record in the fourth wave. Among the severe patients - 486 are not vaccinated, 134 are vaccinated in two doses and 56 are vaccinated with a booster dose. No data were provided for the other severe patients. The rate of severely unvaccinated patients now stands at 72%. Among severe patients...

16,401 Israelis were diagnosed positive for Corona over the weekend. This is according to data from the Ministry of Health. 9,725 Israelis were confirmed positive yesterday, and 6,676 have been diagnosed since midnight. Today about 118,000 tests were solved and yesterday about 178,000. The rate of positive tests in the last two days is about 6.5%. Data from the Ministry of Health show that 1,092 corona patients are hospitalized in hospitals across the country, 696 of them in critical condition. This is an increase compared to the number of serious patients at the beginning of Shabbat. In...

The International Bank concludes 2021 with a profit of NIS 1.4 billion, a jump of almost twice that of the profit in 2020, which amounted to NIS 750 million. The return on capital amounts to 14.7% in 2021 compared to 8.6% in 2020. The Bank's revenues amounted to NIS 3.15 billion in 2021, compared with NIS 2.9 billion in 2020. Net interest income amounted to NIS 2.8 billion, compared with NIS 2.6 billion. International's revenue from interest amounted to NIS 1.44 billion, compared with NIS 1.37 billion in 2020, an increase of 5.3%. The fees charged by the bank last year amounted to NIS...

The high-tech sector in Israel witnessed a concerning nominal decrease in average salaries during May, according to recently published data by the Central Bureau of Statistics (CBS). The average salary in the high-tech sector dropped to NIS 28,031 per month in May, down from NIS 29,219 in April. This decrease in wages may reflect the ongoing impact of the high-tech crisis, which has been exacerbated by a sharp decline in investments this year

An exceptional abstract was presented during the virtual 25th European Hematology Association (EHA) Annual Congress (June 11-21). The abstract demonstrated revolutionary outcomes in treating patients with acute myeloid leukemia (AML), who have very few therapeutic options. The results constitute a historical breakthrough after 20 years in which many attempts have been made to develop a therapy for AML patients who are ineligible for bone marrow transplant

The nurses' strike that began today (Monday) is about to end. In a meeting held tonight between Finance Minister Israel Katz and the chairman of the Nurses' Federation, Ilana Cohen, an outline was agreed for ending the strike. And these are the agreements: 1. An additional 2,000 temporary standards for nurses and 400 for physicians Within three days, a joint team will be set up to make recommendations and conclusions within a month (until August 25) and make a decision - on the scope of the additional additional standard required and the way and date of implementation. 3. The issue of...