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Gross domestic product (GDP), at constant prices and after deducting the seasonal effect, increased in the third quarter by 2.4% on an annualized basis compared with the second quarter (0.6% on a quarterly basis). Compared with the third quarter of 2020, it increased by 5.9%, according to the Central Bureau. According to statistics, the gross domestic product per capita increased by 0.5% on an annual basis. The Central Bureau of Statistics explains that the relatively moderate increase was also due to a decrease in passenger car imports compared to the second quarter (partly due to the...

The Finance Committee of the Tel Aviv-Yafo Municipality has approved the doubling of the hourly parking fee in blue and white for visitors to the city center who are not residents. This will increase the price of parking from NIS 6.30 per hour today to NIS 12.60. The city council is expected to approve the change at its next meeting on May 23, and a month later it will take effect. The change in the tariff was made possible thanks to the "parking reform" that underwent the latest arrangement law, which, among other things, allowed the municipalities to raise the price of parking above NIS...

The Committee of Experts on Food and Drug Administration (FDA) last night (Friday) unanimously recommended that the third vaccine be given to people 65 and older and to high-risk groups for serious illness in the United States. This was at the end of a re-vote, after the panel of experts ruled out giving the booster sweepingly to all 16-year-olds and older. In a discussion that lasted about eight hours, the experts raised doubts about the need for a booster for all age groups - and claimed that there is still not enough information indicating the safety of the third dose, especially for...

The Knesset's Education Committee approved the curriculum, which the ministers voted on earlier on Thursday. The health system fears the decision to require all students to perform rapid home corona tests before returning to school after Sukkot, and to require their parents to make a statement regarding the test results. Back from the Sukkot holiday it is mandatory to present a statement on a negative corona test. A student who does not present the statement at the school gate will be admitted - but will be removed from the students. Teaching teams will be charged with a green mark or a...

During January, there was a noticeable decline in business activity in Israel. Ruthi Bank Automated announced that there was a decrease of nearly 12% in credit card expenses in January - in the expenses of Israelis in businesses. In contrast, there was an increase in expenses in online transactions, which brings the monthly decrease compared to December to only 3.3%. There was also a decrease in the withdrawal of cash from ATMs, at a rate of about 12%. What is more interesting is the fact that this is the third month in a row that such a decline has been recorded, which may indicate a...

According to updated data from the Ministry of Health published this morning, no deaths were recorded on Thursday as a result of complications of the corona virus in Israel. This is the first time since June 29, 2020, between the first wave of morbidity and the second wave. A total of 6,346 corona patients died in Israel from the outbreak of the plague. The optimistic figure joins the sharp decline in the number of people in critical condition in hospitals, which this morning stands at 160 compared to more than 1,200 at the height of the third outbreak of the corona plague. In addition,...

The prime minister was focused this week on one thing that managed to boil over the people of Israel and its voters. He promised in the Knesset that he would receive tax benefits, more correctly say tax refunds. I do not dispute Benjamin Netanyahu's right to exercise his rights vis-à-vis the tax authority. With that, every move also has the issue that makes your move a winning move. Netanyahu is an expert in this field. This is how elections win. But the man is probably in financial obsession, always has been. For some reason he forgot that there are about a million unemployed, many of whom...

The government is expected to discuss the budget bill tomorrow and it will approve it. This is the first time that the Israeli government has approved a budget in the last three years. A political majority for a budget is guaranteed after 17 government ministers pledged to support it. The ministers demand budget increases of NIS 12-14 billion a year, they will criticize various items, the discussion will continue until late at night until Monday morning, but in the end the budget must be approved by the government. It was initially planned to continue the budget discussions on Thursday,...