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Surprising recovery in the housing market: A survey by the Chief Economist of the Ministry of Finance shows that in June there was a record sale of apartments since the outbreak of the crisis. The increase was also recorded compared to June last year. Total transactions last June amounted to 10,900 - an increase of 16% compared to June last year. After deducting price-per-tenant sales, 9,100 transactions were recorded in the free market - an increase of 11% compared to the corresponding period. 4,200 new apartments were sold in June, the highest monthly number since the beginning of the...

For the first time since the closure was imposed, thousands of people demonstrated on Sunday evening against Prime Minister Benjamin Netanyahu in Paris Square, near his residence on Balfour Street in Jerusalem. This is the 14th demonstration in a row since a protest began against the continuation of his tenure under indictments and against the background of the failures to deal with the corona plague. During the demonstration, police arrested a suspicious driver who was driving toward police checkpoints and stopped creaking as he approached police. The driver, a resident of Jerusalem in his...

The employment rate in the economy has fallen from 61% to 50% since the beginning of the crisis - but this figure does not reflect the intensity of social disparities: the employment rate of the bottom quintile of income was 29% lower in October relative to the eve of the crisis, compared to only 6%. In the top quintile. That is, the decline in employment among the weakest was 5 times greater than that recorded among the strongest. This emerges from a review of the effect of the second closure on the labor market published today (Sunday) by the chief economist at the Treasury, Shira...

For the first time since the election, and after the imposition of the task of assembling the government on Benjamin Netanyahu, about a thousand people demonstrate tonight (Saturday) in front of the prime minister's residence on Balfour Street in Jerusalem against him and his government. At the same time, about 30 demonstrators stood in front of the president's house and police forces were called to the scene. Before that many protested at intersections and bridges. The protesters first arrived at the Knesset, from where they marched to Balfour, and some even continued as far as the...

Teva Pharmaceutical Industries has announced impressive results for its most promising innovative drug, Duvakitug, in treating colitis and Crohn's disease. The company revealed today that the drug achieved significantly better-than-expected outcomes in the second phase of clinical trials, outperforming a placebo in key efficacy measures. As a result, Teva's stock surged more than 15% in pre-market trading on the New York Stock Exchange

The Corona crisis has led to a fall in real estate deals for the purchase of residential apartments last April that has crossed all market segments - young couples, investors, and housing enhancers - according to the chief economist's review of the housing sector in April, published Thursday. The total number of transactions was only 2,100 apartments - the lowest level recorded in the domestic real estate market at least since the early 2000s. The last 20 years. The review noted that the unprecedented slump in the number of transactions was recorded against the backdrop of the Corona...

Ahead of the formation of a new government in Israel, Knesset Speaker Yariv Levin announced that Yair Lapid had managed to form a government with Naftali Bennett, but so far has not determined when the vote will take place to approve the formation of a new government. Meanwhile, the coalition agreements between the parties are revealed. The cost of forming a new government, as reflected in the clauses of the coalition agreements published so far, is estimated at around NIS 20 billion a year for the state budget. The full agreements will only be revealed when they are laid on the Knesset...

Foreign airlines resume flights to and from Israel. This follows the ceasefire reached between Hamas and Islamic Jihad and Israel. Some of the companies, mainly American, returned to fly to Israel this weekend. Most foreign companies will resume flights to and from Ben Gurion Airport early next week. After Delta Airlines announced yesterday the return of flights to and from Israel, today American Airlines also announced the resumption of flights to Israel. American will take its first flight from New York to Ben Gurion Airport on May 24 and from Ben Gurion Airport to New York on May 25. As...

The LOTTE Group, one of the five largest corporations in South Korea, with a turnover of about $ 80 billion a year and a profit of about $ 5 billion a year, is looking for investments in Israel. The owner and chairman of the fifth largest corporation in South Korea, is currently visiting the country and meets with Minister of Economy and Industry Eli Cohen Minister of Economy and Industry Eli Cohen: "I welcome the arrival of the LOTTE company in Israel. The arrival of this company is indicative of the strength and quality of the Israeli market that continues to attract large companies...