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In a second and third reading, the Knesset approved the amendment to the State Basic Law, which would allow the government to increase its spending in the current fiscal year to budget the treatment of the Corona crisis. Without their support, the amendment would not have been approved. Right-wing members were absent from the vote, so the government initially had trouble recruiting sixty-one Knesset members required to approve a Basic Law amendment. Knesset Speaker Benny Gantz congratulated Knesset members on approving the amendment to the Budget Fundamentals Law

The reports of Israeli public companies holding significant activity in China indicate that there is currently no significant impact on business. However, the expected harm is mainly in the tourism sector of Chinese who will not come to Israel. It is estimated that about 24,000 tourists from China will be canceled in the next two months. Most of them spend an average of seven nights per night. This is a loss of close to 170,000 overnight stays in February and march

The Legal advisor of the government and the Cheif procecuter Avichai Mandelblit officially announced on Thursday evening that he has decided to adopt the recommendation of the police and the State Attorney's Office and not open a criminal investigation against Prime Minister Benjamin Netanyahu in the stock affair. The attorney general states that the prime minister received benefits, but the offense is statute-barred. At the same time, Mandelblit referred to the submarine case (Case 3000) and announced following the petition of the Movement for Quality of Government to the High Court to...

Prime Minister Benjamin Netanyahu does not withstand the pressure and crashes. He decided to appoint blue-and-white chairman Beni Gantz as justice minister in the transitional government - three hours before the High Court was due to discuss the appointment of Ophir Akunis to the post. A statement from Netanyahu said the appointment would be approved by the government today. "The prime minister has submitted a detailed response to the Supreme Court that completely rejects the argument that yesterday's debate in the government was against the law," it said, "nevertheless, after the prime...

The Central Bureau of Statistics (CBS) has released alarming data showing a significant increase in the number of Israelis emigrating and staying abroad for extended periods. In 2023, a total of 55,300 Israelis left the country, marking a 46.4% rise compared to the previous year. This translates to approximately 5.7 residents leaving per every 1,000 people living in Israel

Now it's official: starting in another three weeks, on January 17, the limit on taking out a prime interest mortgage will be removed, so that up to two-thirds of the mortgage on this component can be taken out. This is the cheapest component in a mortgage, but the borrower is also exposed to an increase in payment in the scenario of an interest rate increase. This relief will be relevant in three weeks to all apartment buyers (first apartment, housing improvers and investors). As for those who refinance a mortgage - he will be able to enjoy the relief a month and a half later - starting on...

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),...

Salesforce, the world leader in CRM and cloud services, has revealed data on the acquisition of millions of global users in more than 30 countries worldwide through transaction data generated from its trading cloud, billions of transactions through its marketing cloud and millions of consumer complaints received In its cloud service. The information has been enhanced with Salesforce's first research on consumer habits and consumer behavior (Shopper-First Retail) this year. This year, more than any other year and more than any other device israeli consumers turned to purchases through the...

A woman who has recovered from the corona virus has donated plasma, the blood component in which the antibodies to the corona virus are found, to save the life of a 29-year-old corona patient who is in serious condition. MDA calls Corona patients who have recovered from donating plasma through a simple procedure after at least 14 days of complete recovery. A call for a plasma donation was received yesterday at Magen David Adom's blood services. Found a donor - a resident of Jerusalem who recovered from the virus. MDA then began a Bezeq operation to bring an ambulance to the blood services...

The tender for new frequencies, including frequencies for the 5th generation of cellular phones, ended on Wednesday evening without any significant surprises. The cellular companies will pay a total of NIS 265 million for the new frequencies, but will later be reimbursed according to the network's deployment rate. The concern that arose at the beginning of the tender, according to which some of the companies would remain without frequencies, was removed with the publication of the results of the tender. All companies will receive frequencies that will allow the expansion of the 4th...