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The bill proposing that the banks will be required to pay interest on the current account, which has already passed the committee of ministers and was supposed to go up for a preliminary vote in the plenary on Wednesday, is dropped from the agenda at this stage. Member of Knesset Yanon Azoulai (one of the bill's presenters), announced that "after consultation with Shas movement chairman Rabbi Aryeh Deri, Prime Minister Binyamin Netanyahu, and coalition chairman Ofir Katz, it was decided to wait with raising the bill, which would oblige the banks To pay interest on the current account...

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

Following the weather, the Finance Committee has decided that it will work to determine compensation for natural damage under the law. This is in the wake of the damage done to business owners and private individuals in the intense wave of rains that hit Israel. The Capital Market Authority said about 4,500 applications were submitted to the insurance companies. The company's estimate indicates weather damage totaling NIS 130 million. The Deputy Commissioner of Fire said: We warned in advance that the systems would collapse. We need NIS 30 million, and the political situation paralyzes us...

The Ministry of Finance, the Histadrut and the presidents of employers and businesses in Israel have reached agreements on how to pay for the days of isolation. According to the agreement, the isolation days have been reduced from the employee's sick days quota and the payment for the days will be as provided by law. The employee will bear the cost of the first two days and the state and employers will share the cost of the remaining days, so that at the end of the day the total cost will be divided between the employee, the state and the employer. In order to complete the agreement...

The government last night approved the change in the law in favor of the self-employed, which is intended to allow the calculation of grants during the eligibility period of this year through a comparison to two thousand and eighteen or two thousand and nineteen, according to the dealer's choice. Prior to the approval of the reservation, only two and nineteen reports were allowed to be compared. Our correspondent, Liel Kaiser, notes that the move was first approved yesterday by the Finance Committee in an exceptional procedure, at the request of Finance Minister Katz, as part of a...

The Minister of Finance, Israel Katz, announced that he had agreed with the Director of the Tax Authority on the outline of compensation for indirect damages due to Operation The Wall Guard. This means that gates in the south, such as Ashkelon, Sderot and Beer Sheva, will receive compensation, but the Gush Dan and Shefela areas will not receive any compensation, even though they have received rocket fire. The compensation will be given to businesses for a decrease in business turnover or for wages paid to employees who are absent due to the security situation. Businesses in the Gaza...

The Ministry of Defense and the Aerospace Industries launched the first (second and second) night into space on the Ofek 16. This is an advanced spying satellite of Israel, joining a family of Ofek satellites that have so far been launched into space. The Defense Ministry said that the Mafia Space Agency (the Research, Development and Military Infrastructure Administration) dispatched the satellite at 4am, using a "comet" launcher. The launch of military aircraft into the air, in addition to the ground crews from the central control centers and the Palmachim. Although the launch was...

About a month after Histadrut Chairman Arnon Bar-David called for a consumer boycott due to the rising prices for Diplomat, Shastovitz, and Kimberly Clark, the response arrived: the employees of Kimberly Clark Israel decided to take revenge: to leave the Histadrut and move to the National Histadrut. There are about 1,000 employees

Years of regulatory stagnation, problematic government policies and the relentless exchange of ministers in the responsible ministry have brought the Israeli communications market to a significant laggard vis-à-vis the Western world in terms of communications infrastructure - both fixed and mobile. An internal report by Dr. Ofer Raz-Dror, VP of Economics at the Ministry of Communications, presents a rather bleak picture of the country's infrastructure. Israel lags significantly behind the world in deploying stationary infrastructure and is below the EU average, very far from the...

The Ministry of Communication is promoting a move designed to facilitate travel abroad and exempt Israelis from additional payment - and for this purpose last night it distributed information requirements to Israeli cellular companies, in order to get a snapshot of the field of roaming services. If in the past Israelis who flew packages abroad were also offered NIS 50, today most companies offer very high prices - for a package that includes about 1,000 minutes of conversation, 1,000 messages and a surfing package of about 10 GB, about NIS 300. The move by the Ministry of Communications...