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The State of Israel ended January with a budget surplus of NIS 5.9 billion. That's how the Treasury published. Among the reasons for the big surplus - managing the state through a temporary budget and higher than expected tax revenues. According to the Treasury announcement, government spending in January reached NIS 27.7 billion. January's state revenues were pleasantly surprised and reached NIS 33.6 billion, a figure that reflects a nominal increase of 11.9% compared to January 2019. This is a figure that could indicate improvement in economic activity, however, as today's senior deficit...

Conflict, urgency, shouting and great disappointment: While more than a thousand backpackers are making their way back from South America back to the country, 23 Israelis remain in Lima the capital of Peru after finding no place on flights. Four EL AL planes and another Lattam leased aircraft that took off from Cusco are involved in the complex flight of Israeli backpackers. Last night, after two El Al planes took off from Lima airport, it became clear that some Israelis had no place in the planes. It also turned out that many of those who arrived at the airport were not registered at all...

The Central Bureau of Statistics (CBS) publishes data for August, according to which the unemployment rate in the labor force is about 5.4%, compared with 5.1% in July. The labor force rate of employed persons who were temporarily absent from work all week for reasons related to the Corona virus, plus the unemployed stands at 9.8% (10.3% in the previous month). The proportion of non-employed people who stopped working due to dismissal or job closure from March 2020, plus the employed who were temporarily absent from work all week due to Corona virus-related causes, along with the...

The Ministry of Communications imposes a high fine on Hot after it thwarted the wholesale market reform. The ministry imposed an unusual fine of NIS 6 million on the cable company. The fine was imposed after the Ministry of Communications, according to the Ministry of Communications, prevented the implementation of the reform for about a year, and made it difficult for Internet providers without infrastructure to lease infrastructure segments and market them to consumers. The wholesale market reform required Bezeq and Hot to allow competitors to ride on their infrastructure. The reform...

Afcon Electric Transport, a company owned by Afcon Holdings, is completing another phase of operating the largest public charging network in Israel. Afcon has recently completed the installation of charging stations in the Dan hotel network across the country. In recent months, Afcon has established dozens of fast charging stations in BIG complexes, across the Emek Hefer Regional Council and many kibbutzim nationwide. The hotels participating in the pilot are the Dan Hotels chain: Dan Tel Aviv, Dan Carmel, Dan Panorama Tel Aviv, Dan Eilat, King David and the Link Hotels chain. Udi...

On Friday, the Tel Aviv District Court approved the continuation of the construction work of the light rail system in Bnei Brak on shabat, one of the holiest days in Jewish calender. The court decided that the work was necessary and that the lack of it could endanger lives. On Friday evening, tens of thousands of ultra orthodox trligious residents of Bnei Brak held a mass prayer to protest. Police say several demonstrators tried to break into the light rail construcyion site but were stopped by police