MAGAZINE ABOUT LIFE IN ISRAEL

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Economy & Innovation - page 3

Israeli Unemployment Rate Soars; Amazon Hires

in Economy & Innovation

The day before the second lockdown began, over 41,000 new people entered the unemployment system, a sign of deep danger for the Israeli economy. The unemployment rate is the highest it has ever been at 24%, and young people, elderly, and families are those most affected by the lack of income. Children are also suffering,…

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100 Startups Hackathon in Tel Aviv

in Economy & Innovation

With a 25% decrease in private investments, the Israeli “Startup Nation” is in need of solutions in a post-COVID world. In a poll from Israel Innovation Authority, about 29% of startups have had to fire employees, which has caused many talented people to lose their jobs. In order to help solve the problem, a few…

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Israel Signs Peace Deal with UAE and Bahrain

in Economy & Innovation/Life, Culture & Sports

On September 15, in a historical moment at The White House, Israel signed a peace treaty with the United Arab Emirates and Bahrain. Only 29 days after the UAE deal was announced, Bahrain joined in. The small island situated close to the UAE and Saudi Arabia, only 200 meters away from Iranian borders, is already…

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Israel Locks Down as COVID Rates Rise

in Economy & Innovation/Health & Science

In an official announcement on Monday, Israeli officials chose to lock down the country effective September 18, as Rosh Hashanah kicks off the high holiday season. The lockdown is slated to last at least three weeks when Sukkot is over on October 11. While this lockdown will be looser than last, all non-essential businesses will…

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The 2020 School Year Kicks Off – Kind Of

in Economy & Innovation

The school year kicked off as normal on September 1, despite a number of concerns from teachers and parents about the lack of preparation for the coming year. The Israel Teachers’ Union has been set to strike since the beginning of the week, and are planning to do so today September 3, unless their demands…

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