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The Research Division of the Bank of Israel examined the extent of the impact of the closure and the epidemic on the Israeli economy. What damage will be done to such a long-term locksmith economy? According to Prof. Michel Strawczynski, director of the research division at the Bank of Israel and a member of the Monetary Committee, the direct cost is about NIS 9 billion per week of closure. This means that the continuation of the closure in its current format for 90 days will cost the economy more than NIS 115 billion. The Bank of Israel's Research Division conducted a preliminary analysis...

6,275 Israelis were diagnosed as positive for Corona - more than a third of them from the education system - and this is the highest number of verified since February 8. The peak since the beginning of the plague was 10,117, on January 18th. Today, at midnight, 2,942 verified were diagnosed. Excluding surveys and tests for recoverers, the positive rate yesterday was 4.84% - the highest figure since March 6. The peak of the outbreak is 15%, on September 29 last year. Today, at midnight, the rate of positives is slightly higher - 4.89%. A total of 130,000 tests were performed yesterday, the...

The aerospace industry launches the Scorpius family, the first electronic warfare system (LA) of its kind in the world with reception capabilities, blocking and disrupting several threats at different frequencies and in different directions at the same time. And disrupt the activity of enemy systems in a targeted manner, using multiple transmission beams at the same time. The threats handled by the system are from a wide range and include aircraft, drones, ships, missiles, means of communication and more. Unprecedented that it is possible to detect a large number of threats with different...

Five election campaigns in less than four years cost us a lot of money, when all the expenses and damages to the economy in one election campaign are estimated at three billion shekels, including the cost of the Sabbath day and the damage to economic growth. Today (Sunday) the Finance Committee approved the budget proposal of the Central Election Committee for the elections to the 25th Knesset, which this time will amount to approximately NIS 538 million

El Al's CEO, Gonen Ussishkin, strongly attacked the company's pilots committee in light of the expected decision by the company's board of directors on the outline of the state's request for assistance. Adjust the scope of personnel to the activity. Ussishkin said that as of late June, the company pilots refused to staff the flights, and that all inquiries were not answered for four consecutive days after hundreds of inquiries. "Spins and Pike News can be talked about in the media, but the truth is always within the company and our people know it," the CEO wrote to his employees. It is her...

Bezeq reported to the stock exchange tonight (Tuesday) that it intends to deploy fiber optics for 80% of households in Israel - within 6 years. The Ministry of Communications, which formulated the fiber outline, managed to push the most significant player in the market after years in which Bezeq refrained from deploying fiber optics and connecting homes to high-speed Internet infrastructure. The company - which has invested hundreds of millions of shekels in the project to date - has reported that it intends to continue investing another Billions of shekels in it

In tens of thousands of homes in Israel, the joy of the holidays on Rosh Hashanah and Sukkot will be replaced this year by worry and feelings of uncertainty against the background of the economic distress caused by the corona crisis. A dive into the economic data paints a gloomy and sad picture of the situation of a large part of Israelis about a month before Rosh Hashanah. Nearly a million employees and the self-employed have lost their jobs, business owners who lose money even when the store and business are open, and tens of thousands staying in isolation, some of whom are sick in...

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...