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The Taub Institute's State of the Nation Report of 2019 shows that the situation in the State of Israel is certainly relatively good, but various data indicate that there is a fear of economic and social deterioration and that it is very difficult to break out of poverty. The report shows that the levels of poverty and inequality have declined in recent years and that social investment has increased, but that it is much more difficult to exit the cycle of poverty in Israel than in OECD countries. To get out of poverty, a couple with two children has to work about 70 hours a week (each),...

In a recent report from the Chief Economist Division at the Ministry of Finance, November 2023 witnessed a partial rebound in housing market activity compared to the previous month. However, the numbers remain alarmingly low, marking the lowest level of transactions recorded in November over the past two decades

After four years of research funded by the Ministry of Science and Technology, researchers at the Migal Institute of Coronary Virus Vaccine (IBV) developed successfully in preclinical trials and genetically modified for the corona virus vaccine. Minister of Science and Technology Ophir Akunis welcomed the new revelations of the study: "Hope and believe there will be further progress soon." Minister Akunis instructed his office manager to quickly promote possible collaborations that would enable vaccines for humans as soon as possible

Israel is celebrating 72nd Independence Day, which this year has been marked in homes rather than on streets and entertainment venues, because of regulations designed to prevent the spread of the Corona virus. The beacon lighting ceremony on Mount Herzl was held without crowds and without the flagship exchange of IDF troops. As a result of the stringent holiday regulations, the businesses that opened in recent days, as did the supermarkets. The traffic on the roads has been greatly reduced due to the prohibition of traveling between cities. At 17:00, the special regulations for the...

The Aeronautics deal was approved by the government. The Social Economic Cabinet, led by Finance Minister Moshe Kahlon, approved the deal in which Rafael government company and businessman Avihai Stolero bought Aeronautics for NIS 850 million. The Aeronautics Group is an Israeli company engaged in the development and production of intelligence-based, unmanned systems solutions for the international security market. The company's center is in Yavne. Following the transaction, Aeronautics' stock will be deleted from the stock exchange and will become a private company. The aerospace...

The Ben & Jerrys affair, the ice cream maker that announced Monday that it will not sell its products in the territories, caused a great deal of controversy throughout Israeli politics. However, the company's original decision was even more decisive. According to an NBC report, the intervention of Unilever, the giant corporation owned by Ben & Jerrys, softened the statement. Yesterday, the company announced that it would stop selling ice cream in the occupied territories, and that it would not renew its franchise agreement, under which an Israeli company manufactured the ice cream at a...

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