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"Omicron" - This is the name of the new African strain of corona that threatens the world, according to the World Health Organization. Omicron is the 15th letter in the Greek alphabet. According to the organization in its announcement today (Friday), there is evidence that this strain causes increased infection and is considered a "cause for concern". This is the fifth variant of the virus that has been defined as such since the outbreak of the plague

In an unusual move, Finance Minister Bezalel Smotrich has drawn criticism for his involvement in shaping a key economic report, raising concerns about the independence of professional economic analysis in Israel. The report in question, mandated by a recent amendment to the law, requires the Ministry of Finance to provide a preliminary estimate of economic forecasts in September for years with a two-year budget, such as the current 2023-2024 budget

Bezeq Group, a leading telecommunications company in Israel, has announced its financial results for the second quarter of 2023, showcasing impressive growth in revenues and achieving its highest adjusted net profit since 2017. The company's robust performance has led to positive market sentiment, with its shares rising by 1.8% at the opening of trading on Wednesday

In a move aimed at providing crucial support to businesses grappling with the aftermath of the 'Iron Swords' war, the Ministry of Finance has released a memorandum of law outlining a compensation plan. The plan, designed to be swiftly legislated, is set to pave the way for grant applications as early as November 15th, with a primary focus on small businesses and self-employed individuals who have suffered significant economic setbacks due to the conflict

Finance Minister Avigdor Lieberman announced today that "immediately after the budget is approved, we are going to launch a large amount of 26 projects in the field of infrastructure, transportation, water, and energy amounting to NIS 110 billion, not including the metro. About NIS 50 billion will be funded by the private market (PPP). - SG). "If we released the first PPP project 20 years ago, now we will release NIS 50 billion in projects here for the private sector - this should bring further impetus to the Israeli economy, which will allow the economy to grow, and bring more employment

The Corona crisis led to a sharp increase in Strauss's sales but contributed to erosion of its profitability in the first quarter of 2020. The company earned NIS 171 million in the last quarter - down 0.3% on its corresponding quarter in 2019. The company's management report consolidates - in contrast to accounting rules - Strauss's relative share of the financial results of companies it holds only 50% of its shares, and does not control them like Strauss Frito Lei, which produces savory snacks, Sabra that produces chickpeas and tres Coracoes Brazil's largest coffee company, with Strauss's...

This coming Sunday, classes will be resumed in grades 5-6 as well as 11-12 in green, yellow and orange cities where more than 70% are vaccinated, but 7th-10th graders will continue to be at home - at least until March 7, 11 Days before the beginning of the Passover holiday. Teachers, parents, children and educators from all over the country harshly criticized the decision that remained: "Opening malls and commerce before the education system symbolizes the importance of the education system and Israeli students in the eyes of the political echelon. Shame and disgrace." Ahead of tonight's...

Bahrain and Israel on Sunday signed an interim agreement to establish diplomatic relations between the two countries. Bahrain Foreign Minister Abed a-Latif a-Ziani, Foreign Ministry Director General Alon Ushpiz and National Security Adviser Meir Ben Shabbat signed the joint declaration establishing diplomatic relations between Israel and Bahrain as well as eight memoranda of understanding in various fields, including visas, aviation, agriculture and investments . "We have signed these agreements because we believe in coexistence and reconciliation," the Bahraini foreign minister said at...

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 draft law of arrangements presented by the Ministry of Finance includes reference to the issue of public transport, which is of critical importance in view of the exacerbating crisis on the roads, but ignores possible solutions. It should be emphasized that this is a draft that is expected to change until it is approved. Although the law includes reference to enforcement on public transport routes and the Treasury recommends paving more such routes, it does not include increasing the frequency of buses traveling on these routes. Also, the law does not include congestion charges - a...