Articles

The price of the economic corona: The government debt has reached almost a trillion shekels. In 2020, government debt increased by about 20% and stood at NIS 984 billion each, compared to NIS 823 billion last year. The government deficit more than tripled during 2020 and has reached unprecedented proportions since the 1980s. Add to this the dramatic drop in tax revenues recorded at the beginning of the crisis and the ongoing budget, it will be possible to understand the magnitude of the event that took place in the offices of the Accountant General Unit, responsible for providing funding...

An anti-aircraft missile fired from Syria at Israel fell overnight in the Negev, after an attack attributed to Israel. An air defense system was activated against Syrian anti-aircraft fire, and in response the Air Force attacked the battery from which the missile was fired. In Syrian space. According to reports in Syria, the air force attacked several targets in the Damascus area shortly after 01:30 tonight, and then several surface-to-air missiles were fired, one of which fell in the south of the country. An IDF spokesman said that "the missile, apparently an SA5 model, which reaches a...

According to updated data from the Ministry of Health published this morning, no deaths were recorded on Thursday as a result of complications of the corona virus in Israel. This is the first time since June 29, 2020, between the first wave of morbidity and the second wave. A total of 6,346 corona patients died in Israel from the outbreak of the plague. The optimistic figure joins the sharp decline in the number of people in critical condition in hospitals, which this morning stands at 160 compared to more than 1,200 at the height of the third outbreak of the corona plague. In addition,...

Prime Minister Benjamin Netanyahu said at the climate summit organized by the US president that "I pledged to reduce carbon dioxide emissions and successfully complete the transition from fossil fuels to renewable energy in Israel by 2050." Netanyahu was introduced by US Energy Minister Jennifer Greenholm. She explained that the leaders speaking on the second day of the conference are those whose countries are leading technological developments or those who are leading in the field of renewable energy production. Netanyahu said in his pre-recorded speech: "I can announce that we have...

Small and medium-sized businesses employ 65% ​​of the labor force in the Arab sector - but the financing products in the economy are not tailored to them. This situation will be tried to change by a new fund owned by the state and a public association, and it will provide 250 loans amounting to NIS 15 million. The fund was established by the Koret Funds Association and the Small Business Agency in the Ministry of Economy, and will provide a solution for registered, existing and new businesses that have not received a loan through the state-guaranteed fund in the past year, as well as for...

The Ministry of Health has announced that it intends to bring further relief to the public. The lifting of more Corona restrictions will be brought to the government for approval. Among other things, the occupancy restrictions for places operating within the green label will be abolished, and conditions will be defined for activity and the introduction of food. Entry to attractions in enclosed buildings and activities in gyms and swimming pools will be possible even without vaccination, and will operate in accordance with the purple mark. The reliefs will take effect on May 6, next...

Delek Drilling reported today (Monday) that it has signed a non-binding memorandum of understanding for the sale of its entire share in the Tamar reservoir (22%) to the Mubadella Petroleum Company in Abu Dhabi. The company is part of Abu Dhabi's national investment company, which manages assets worth about $ 230 billion. This is the largest commercial agreement signed between the countries since the normalization agreements with the Emirates and it was signed as part of the gas outline in which Delek Drilling undertook to sell its holdings (22%) in the Tamar reservoir by the end of 2021....

19th place in the world in the GDP per capita ranking - the figure that sounds almost dreamy, appears in the IMF database. With $ 43,689, Israel is below only 18 countries out of 194 countries in GDP per capita in nominal terms. These IMF figures present a flattering picture, but they are problematic. When you look at the significant figure that allows comparison to other countries - GDP per capita in terms of purchasing power parity (PPP), GDP per capita in Israel is $ 40,547, and its place in the world ranking is 35, similar to what it had for several years And Macau, we are about 30th...

Prime Minister Benjamin Netanyahu does not withstand the pressure and crashes. He decided to appoint blue-and-white chairman Beni Gantz as justice minister in the transitional government - three hours before the High Court was due to discuss the appointment of Ophir Akunis to the post. A statement from Netanyahu said the appointment would be approved by the government today. "The prime minister has submitted a detailed response to the Supreme Court that completely rejects the argument that yesterday's debate in the government was against the law," it said, "nevertheless, after the prime...

The Indian strain of Corona virus was found in five students from different schools in Israel. This is according to data from the Ministry of Health's situation assessment report distributed this morning (Thursday). The schools where this variety was located are: Dekel Vilnai and the field plant in Ma'ale Adumim, paths in Pardes Hanna, Keshet in Ashdod and Yosef in Holon. To date, the Ministry of Health's national genomic flooring system has identified 41 cases of Indian variant, of which 24 are from abroad (21 foreigners) and 17 cases in the community, some of which have no connection to...