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The Israel Defense Forces (IDF) confirmed today that it has decided to freeze the reserve service of Lt. Col. (res.) Ron Sharf, one of the leaders of the "Brothers in Arms" organization, until July 2025. The decision comes in the wake of Sharf’s vocal opposition to the government's judicial overhaul plan, which has been at the heart of political protests across Israel

On Saturday evening for the eighth week in a row, many Israelis demonstrated at bridges and intersections across the country in protest of the conduct of the government and its leader - Benjamin Netanyahu - regarding the economic crisis. Also, many thousands protested in front of the prime minister's residence in Jerusalem, under the headline "We are the hope - voting with our feet," and hundreds demonstrated near his home in Caesarea. One of the signs read: "When will you make peace between us?". At the same time, police announced that they had arrested a Hadera resident on suspicion of...

In a press conference on Sunday, Accountant General Yehli Rotenberg disclosed that Israel is on track to end 2023 with the highest budget deficit in recent history, standing at 4% of the GDP. The announcement coincided with the release of state budget data for November, indicating an accumulated deficit of 3.4% of GDP, totaling NIS 62.3 billion

Retail giant Amazon is finally making its first move in Israel, and e-mails to Israeli sellers and invites them to start selling products through it. On the night between Monday and Tuesday, Israeli suppliers began to receive an official request from Amazon inviting them to start selling products through it. This marks the beginning of Amazon's official activity in Israel, but at this stage it is not exactly the full activity

Partner will compensate with benefits amounting to an additional three million shekels for a huge glitch in its television broadcasts two years ago: Last week, a request was submitted to the District Court in Tel Aviv to approve a settlement agreement and grant validity of a judgment to the settlement agreement, as part of requests to approve class actions filed in 2021 against the company Partner Communications. In the center of the applications submitted through three different law firms, it is claimed that for several days in January 2021, Partner TV's television services were down for...

The business sector is not ready to accept the bizarre legislative initiatives of the forming coalition and to apply discrimination to the citizens of Israel under the protection of the law. Discount Bank will not grant credit to businesses and entities that discriminate against customers on the basis of religion, race, gender or sexual orientation - this is what the bank's board of directors stated

The corona crisis gave its signals on the real estate market in the second quarter of 2020: In April-June, 16,800 apartments were sold in the free market (ie apartments that were not subsidized by the state) - a decrease of 27% compared to the corresponding quarter last year. Published today (Sunday) the chief economist at the Ministry of Finance, Shira Greenberg. It should be noted that this is the sharpest quarterly decline rate since the second quarter of 2014 that stood in the shadow of waiting for a zero VAT plan and also the lowest level since the first quarter of 2003 that stood in...

The Israeli defense industry is sounding the alarm after the Spanish government canceled another major arms deal with Rafael, deepening concerns that other countries may follow suit as part of efforts to pressure Israel to end the war in Gaza

The Knesset committee approved the recommendation of the public committee for determining the salary for Knesset members, according to which the salary of Knesset members should be increased by 5.1%, instead of the automatic update of 12.5% in accordance with the increase in the average salary in the economy

Israel's revenues from natural gas royalties witnessed a substantial surge during the first half of 2023, reaching over NIS 1 billion. This marks a remarkable 23% increase compared to the same period in the previous year. reports the Natural Resources Administration at the Ministry of Energy. A significant contributor to this impressive growth was the initiation of natural gas production from the Harish reservoir in October 2022. This addition not only led to a boost in gas production volumes by approximately 13%, with 12.32 billion cubic meters (BCM) produced in the first half of 2023...