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In August, a budget deficit of about one billion shekels was measured, but the accumulated budget surplus in the last 12 months remained at 0.6% of GDP. Everything emerges from data published today (Thursday) by the Accountant General of the Ministry of Finance, CPA Yali Rotenberg. The cumulative surplus since the beginning of the year has dropped to the amount of NIS 34.4 billion - still unprecedented since the state has never had a situation where after eight months there is a surplus of funds in the state budget. What's more, the surplus is about 8% of the annual state budget

As part of the Histadrut's ongoing struggle against the cost of living in Israel, representatives of the Histadrut, social activists, and citizens came Friday afternoon to protest the cost of living in front of the house of the president of the Union of Chambers of Commerce Uriel Lin in north Tel Aviv. The activists waved signs that read, among other things, "The workers are the solution - not the problem", "The tycoons are the engine of the cost of living" and "The state belongs to the workers and not to the tycoons"

A new scientific development may lead to blood tests for cancer diagnosis: Weizmann Institute researchers have located genetic changes in the blood of cancer patients, which may represent a "seal" that will enable early diagnosis of various diseases and cancerous tumors - with a simple blood test. The research findings are published in the scientific journal Nature Biotechnology. Cancer is the world's leading cause of death, even before heart disease, and the diagnosis is often made too late, when the tumor has already spread and the metastases cannot be destroyed. The currently accepted...

The average budget for a state-religious high school student in 2021 was NIS 41,400 - 26% more than the budget for a state high school student, which was over NIS 32,800. This was the gap in 2020 as well - thereby maintaining the large gap between the two sectors this year as well. This is according to the "Budgetary Transparency" presentation for 2021 published today (Sunday) by the Ministry of Education. These disparities are the result of the period in which ministers from the religious parties ruled the ministry, between 2015 and 2020 - first Naftali Bennett and then Rafi Peretz - who...

Israelis try to save on expenses that are considered a necessity - such as buying food products at the supermarket and paying electricity and water bills - and on the other hand, continue to spend on things they see as experiential and fun, for example going to restaurants and cultural and entertainment shows. The result is a clear slowdown in the increase in spending from June to August (compared to the corresponding period in 2021), compared to the rate of growth from January to May, alongside a significant increase in the portion of spending on entertainment and pleasure in the total...

After the government approved last night (Sunday) the proposal for the establishment of metropolitan transportation authorities by the Minister of Transportation, MK Merav Michaeli, which should allow, with the advancement of the legislation, the delegation of powers to the authorities to run public transportation tenders on Shabbat, the question arises whether the heads of the local authorities who will head the metropolitan areas are even interested in this.

The long struggle of the specialist doctors is bearing fruit: Prime Minister Yair Lapid has decided that the preparation to shorten specialist shifts to 16 hours will begin in the periphery immediately. The chairman of the organization of specialized doctors and the leader of the struggle, Dr. Ray Beaton, announced the withdrawal of the letters of resignation. "We have made a great achievement," said Dr. Beaton. "We have not finished the struggle. But as of now, we have reached a situation where the letters of resignation can be withdrawn."

Sunfrost's frozen bean products are back on the shelves, after their production and marketing was stopped due to the discovery of parts of a snake, a mouse, a snail and a bird's foot, among others, in the company's beans and peas, which is owned by Tnuva. They will gradually return to the points of sale starting today. Sunfrost controls about 70% of the cash sales in the frozen vegetables category. See that Sunfrost has begun the process of improving quality control and sorting at its factory in Migdal Ha'Emek, but has not yet activated the three optical sorting machines it announced it...

While inflation slowed slightly in August and the consumer price index fell by a higher rate than expected - 0.3% - the housing market is heating up and apartment prices continue to soar. Despite the moderation in the mortgage market and the drop in the number of apartments sold, in the months of June-July, the price of apartments increased by 1.3%, thus registering an annual increase of 17.9% - the highest jump since 2010

Teva pharmaceutical company held a press conference Sunday at its new headquarters in Tel Aviv, where it presented its goals for the coming years, which it provided with the publication of the latest reports. In 2027, Teva expects to reach an operating profitability rate of 30%, a debt-to-EBITDA ratio of 2, a cash-to-earnings ratio of 80%, and to return to growth, after several years of revenue erosion. Carr Schultz, Teva's president and CEO, presented Teva's progress since 2017, when he took office. "In 2017, we set goals. One of them was business optimization. 80 production sites - we...