Massive purchase the latest in a series of measures by banks to counter soaring unemployment, plummeting equities, shuttered businesses, amid coronavirus pandemic
Employment Service says new applications slowing after ebbing of initial wave of layoffs in travel, service industries, but more expected as pandemic affects other industries
Unemployment hits historic highs, with up to 7,000 Israelis filing per hour; S&P global rating agency predicts global recession, but says Israel on good footing
Move meant to boost liquidity, support Israeli currency as pandemic pummels global markets; publicly traded firms call for further intervention amid spiraling economic crisis
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