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In a sobering revelation, the Ministry of Finance anticipates a staggering 6.5% deficit of the GDP for the year 2024, attributing the alarming shortfall to heightened expenses associated with financing ongoing military efforts. The updated draft of the budget proposal, yet to be officially distributed, sheds light on the financial predicament gripping the nation

Tragedy struck at the "Hutzot Karmiel" mall on Wednesday when a stabbing incident claimed two lives and left several others injured. The assailant, whose identity remains undisclosed, was swiftly neutralized by security forces at the scene

Concerns are mounting within Israel's Ministry of Finance as the country grapples with a rapidly escalating budget deficit, prompting discussions about the necessity of emergency measures to address the alarming financial situation. Senior officials, including heads of the Bank of Israel and prominent figures in the economy, express surprise and deep apprehension at the unprecedented figures

The Knesset plenum approved the extension of the state of emergency that was declared in Israel upon the establishment of the state, and has been extended repeatedly since then. With the declaration of a state of emergency in 1948, it was not precisely defined what such a state was. Extending its validity has two main consequences: authorizing the government to establish emergency regulations that can override Knesset legislation; and the authorization of the Knesset to enact laws that depend on the validity of a state of emergency

LivePerson, a leading provider of advanced customer and brand communication platforms, is recruiting 50 employees for its development centers in Israel. The company develops advanced communication platforms between customers and brands and assists the world's leading brands to digitize their service centers using advanced technologies such as Big Data, AI and Machine Learning. The company is currently traded on the Tel Aviv Stock Exchange and posted a 7% growth in the share following a positive recommendation from Oppenheimer

A recent survey has revealed a significant decline in American support for Israel, with only 46% of adults expressing more sympathy for Israel over the Palestinians when asked, "Who do you sympathize with more?" This marks the lowest level of support Israel has seen in the 25 years the survey has been conducted and follows a similar downward trend seen in 2024, when support was recorded at 51%, tying with 2001 for the lowest ever recorded

Israeli government tabled the largest state budget in the country's history, totaling 582 billion shekels, before the Knesset, 21 days after its initial approval. This budget marks a significant increase of 68 billion shekels compared to the earlier 2024 budget set in May 2023. Notably, it includes substantial cuts across all government ministries except for defense and yeshiva budgets

The British chip company ARM is firing several dozen workers in Israel. The company refused to say how many workers would be fired, but it appears that this is a few dozen of the 200 employees employed by the development center in Israel. ARM said in response, "Like any business, ARM is constantly re-evaluating its resources and technology to ensure that we are ready to support our growth strategy." ARM recently re-evaluated our investment in the IoT Services Group to increase effectiveness And our ability to respond to customers and this may affect a small number of positions in Israel...