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Tech Israel
Daily Updates from Silicon Wadi for
Monday, May 22, 2023
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As inflation persists, Bank of Israel hikes interest rates for 10th time, to 4.75%
By
Sharon Wrobel
Central bank lifts borrowing costs by 25 basis points, citing inflation above 5% and a tight labor market; sees signs of moderation in economic activity
Bank Hapoalim posts NIS 2.01b quarterly profit fueled by 49% jump in interest income
By
Sharon Wrobel
Net profit surges 21.3%, prompting bank to raise dividend payout 10 percentage points to 40% of quarterly profit as it benefits from steady interest rate hikes over past year
Tel Aviv University
Take the First Step Toward Real Change: TAU’s New Climate Change Masters Degree
Israel’s ecology, innovation and complex geo-political situation make it the ideal place to prepare for a career addressing the political and social aspects of climate change.
‘Lack of trust’: Economy minister asks Competition Authority chief to resign
By
ToI Staff
Nir Barkat claims ‘weakness’ of agency under Michal Cohen a key reason for rising food prices, accuses her of refusing to adopt his policies
Defense Ministry to invest heavily in AI in bid to improve intel on Iran
By
Lazar Berman
Director-General Eyal Zamir announces Depth Multi-Year Plan, and creation of robotics and AI body, as Tehran continues to enrich uranium
Netanyahu gives UTJ nod to pay NIS 250m to yeshiva students, ending budget boycott
By
Carrie Keller-Lynn
As final budget votes begin in Knesset, government secures critical support for two-year, trillion-shekel plan
Conservative movement okays dining at meat-free eateries without kosher certificates
By
Jackie Hajdenberg
Rabbis rule it’s kosher to eat at unsupervised vegan and vegetarian restaurants, say many of their members already see ‘no obvious kashrut problems’ in doing so
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