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68% of Jewish workers are confident that they will return to work at the end of the Corona crisis, compared to 42% among Arab workers, according to a survey by the Israeli Democracy Institute. The survey was conducted the week before Passover, between March 29 and April 2, among a representative sample of the working population in Israel. The survey was initiated, drafted and analyzed by the Center for Governance and Economics at the Israeli Institute of Democracy, assisted and methodologically supervised by the Guttman Center for Public Opinion and Policy Studies, when field sampling was...

There was a significant increase in the corona 2020 in the government debt of Israel and in the public debt, which includes the debts of local authorities. Taking out large-scale loans for government spending to fight the virus and aid the economy, caused for the first time in 11 years a significant increase in debt and this increase is expected to continue in 2021. However, it must be said honestly. A debt of 73% is a very impressive rate. We are very far from a real economic crisis. Even if it grows to 80% this year, we are very far from a real economic crisis

Towards a revolution in the Internet market: The Ministry of Communications issued a hearing to examine the abolition of infrastructure-to-provider separation (ISP), which has been practiced in Israel since 2000. As part of the reform, it is proposed ISP to private consumers so that they may be entitled to a unified service. "The existence of a split model no longer serves the competitive purposes for which it was set and imposes unnecessary costs on the economy and harms consumer welfare," the ministry notes. "The contribution of the ISP segment is small and it is doubtful whether it is...

Flywire has officially announced the acquisition of Israeli startup Simplee. It's Founder and CEO Tomer Shoval will be named Senior Vice President for Sales, Business Development and Strategic Accounts at Flywire. At the same time, Flywire announced the completion of a new $ 120 million round of funding led by Goldman Sachs, which will support the acquisition in part. "The acquisition is accelerating the digitization of payments to address the challenges associated with patient engagement and funding in the medical market," the statement said. "By integrating the Playwire platform with...

"Without health there is no economy but without economy there will be no health." This is what the Governor of the Bank of Israel, Professor Amir Yaron, said today at a special press conference he initiated, aimed at presenting a recent snapshot and explaining the policy steps the bank has taken in recent days. "When the crisis ends will depend primarily on the world's ability to overcome the virus. However, it is the right policy that will dictate the rate of crisis exit and determine the size of its vulnerability. Our ultimate goal is to support the economy and society to help the...

The profits of New-Med Energy (formerly Delek Drilling), Yitzhak Tshuva's gas company that owns about 45% of the Leviathan reservoir, soared in the third quarter of the year. The partnership also reported record profits in the third quarter of the year thanks to record production of gas from the reservoir, and the increase in natural gas prices over the past year following the war waged by Russia in Ukraine. It recorded record profits in the third quarter of NIS 123 million. The company will distribute a dividend of NIS 50 million.

The long-standing Alliance factory in Hadera, a key manufacturer of patented tires, will be permanently closed, Japanese multinational corporation Yokohama announced last month. The closure, set for December 31, 2024, follows a significant decline in orders, attributed to Israel's loss of its competitive edge in transportation, the company explained

The EU's investment bank EIB will provide NIS 30 million in financing to Brennmiller Energy for the construction of a plant for innovative thermal energy storage systems, which will be established near Dimona and will provide the city's residents with about 100 new jobs. Funding for the new plant is made possible as a result of Israel's participation in the European Horizon 2020 Framework Program for the Advancement of Research and Innovation. The loan is supported by the European Commission as part of the financing of InnovFin Energy Demonstration Projects. The European Investment Bank...

The government unanimously approved the allocation of eleven billion shekels tonight, an addition to the budget as part of a compromise proposal adopted to prevent the dissolution of the Knesset and the early elections. NIS 3 billion will be allocated to increase the defense budget. Nine hundred million shekels to increase disability benefits and one hundred and eighty million to raise about thousands of Flashmob members. Budgets will also be allocated for the integration of members of the Ethiopian community in Israel, for dozens of educational programs in state and state religious...

The corona plague is far from over, and the death toll from it worldwide is already approaching one million. However, although the basic tools for curbing the plague are already known to all, governments continue to fail to address its basic treatment, says the weekly Economist, which cites Israel as an example of such failure, due to arrogance and internal struggles. An article in the weekly said that although the number of patients in Corona in the world is probably much higher than current estimates, there are reasons for optimism, whether due to the slowdown in mortality or due to the...