Israel’s Accountant General announced Monday that the country’s budget deficit for 2020 was $50.4 billion, the highest it has ever been and three times higher than it was in 2019, Ynet News reports. The record figure was largely anticipated in light of the economic devastation wrought during the COVID-19 pandemic.
Prime Minister Benjamin Netanyahu said Sunday, as a shipment of 700,000 Pfizer COVID vaccines arrived at Ben-Gurion International Airport, that the Pfizer vaccines would continue to arrive, with a “huge” shipment expected.
A Ninth Circuit judge Monday expressed concern that California’s effort to curb Covid-19 transmission by banning all indoor religious gatherings could extend into the summer months or beyond if the pandemic worsens, further restricting people’s constitutional right to practice their religion.
Britian and the European Union avoided a messy divorce on Christmas Eve as they agreed on a trade deal worth nearly $1 trillion.
Israel is progressing with moves to legalize recreational marijuana in the next few months, while its burgeoning cannabis industry looks to expand its manufacturing, production and export capabilities, Ynet News reports.
A new survey conducted after the 2020 presidential election has shown that 97% of politically active conservative Christians voted for Donald Trump, the Christian Post reports. The survey was launched by the Cultural Research Center at Arizona Christian University and was conducted from November 3 through November 16, 2020.
In June, elites at important international institutions such as the World Economic Forum and the United Nations launched a far-reaching campaign to “reset” the global economy.
The Commerce Department on Wednesday reported that third-quarter GDP growth was unchanged at 33.1%, which confirms the record-breaking expansion that occurred last quarter.
U.S. President Donald J. Trump authorized his administration early Tuesday to prepare for the transfer of power to his rival Joe Biden, who claimed victory in the presidential election.
Aid workers say thousands of desperate people, many of them Christians, have fled an area in northern Mozambique after Islamist fighters killed dozens of villagers.
Hungary’s controversial prime minister has introduced a nationwide curfew and other strict measures to halt the coronavirus pandemic citing a massive increase in deaths and hospitalizations across Europe.
The federal deficit for fiscal year 2020 was $3.1 trillion, or 14.9% of gross domestic product, the Congressional Budget Office reported Monday, the largest as a share of the economy since World War II.
The White House says leading infectious disease expert Anthony Fauci is playing politics with the coronavirus pandemic after warning that the United States was in for a “whole lot of hurt.”
The U.S. economy grew at a record-breaking 33.1% annual rate in the third quarter, the Commerce Department reported Thursday, beating forecasters’ expectations.
Warning of “a dark winter” Democrat Joe Biden condemned U.S. President Donald Trump’s handling of the coronavirus pandemic at their Thursday’s final debate.
The global economy’s recovery from the pandemic recession is tentative and uneven and “marked by significant uncertainty” as confirmed coronavirus cases spread in many countries, international finance ministers warned Thursday.
In a major policy shift, the World Health Organization (WHO) has urged world leaders to stop “using lockdowns as your primary control method” against the coronavirus amid fears they lead to as many as 100 million deaths.
The federal deficit for fiscal year 2020 was $3.1 trillion, triple last year’s figure, the Congressional Budget Office estimated Thursday.
President Trump has signed an executive order aimed at countering China’s drive to corner the international market on rare earth minerals — key elements used in high-tech products that are the backbone of the U.S. economy and key weapons systems.
Millions of Americans and many more worldwide watched U.S. Republican Vice- President Mike Pence and Democratic challenger Kamala Harris facing off in one of the most meaningful vice presidential debates in recent memory.