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STATE LEADERS REACH AGREEMENT ON BUDGET
SACRAMENTO – Gov. Gavin Newsom, Senate President pro Tempore Toni G. Atkins and Assembly Speaker Anthony Rendon recently said they have reached an agreement on the 2020-21 state budget:
“The COVID-19 global pandemic has caused a sudden and dramatic change in our nation’s and state’s economic outlook – and has had a cascading effect on our state budget. California was better positioned for this sudden change than at almost any time in its history, building out record reserves following years of responsible budgeting. Even still, the size and scope of the pandemic and the accompanying economic crisis have been unprecedented – leaving California to make hard choices and figure out how to sustain critical services with much less.
"In the face of these challenges, we have agreed on a budget that is balanced, responsible and protects core services – education, health care, social safety net and emergency preparedness and response. This budget also invests in California small businesses harmed by the pandemic.
"This agreement reflects our shared commitment to supporting schools, and is built on a foundation of equity – allocating billions of dollars for students most affected by learning loss and continuing our state’s leadership toward reforming the criminal justice system.
"To be clear, this budget required some tough decisions and more work remains ahead. But they were necessary steps for keeping California on firm fiscal footing while we continue to meet the COVID-19 challenge, protect vital services and our most vulnerable communities, and build a strong fiscal bridge to a safe, speedy economic resurgence. Californians are doing their part – now it’s imperative for our federal partners to pass a responsible and comprehensive relief plan so states and local communities can continue to keep Americans safe while leading our national economic recovery."
GREEK PM MEETS WITH JVP CHAIRMAN EREL MARGALITTO EXPLORE CYBER COOPERATION
Greek Prime Minister Kiryakos Mitsotakis met recently in Jerusalem, with entrepreneur and Chairman of Jerusalem Venture Partners (JVP) Erel Margalit, one of the world's leading cyber investors. The meeting took place within the framework of his Official Visit to Israel, and comes against a background of many cyber-attacks on Greek sites and companies, and a global rise in cyber-crime during the COVID-19 pandemic.
This week the Greek intelligence services announced they were recruiting 80 hackers to tackle cyber-attacks, while Israel is considered a global leader in combating cyber threats. In particular JVP has made a number of key investments and launched a range of companies in the field of cyber-security.
Chairman and Founder of JVP Erel Margalit said, “Greece is an important country in our region and Israeli tech companies, along with Israeli workers, have a lot to offer in the field of cyber defense, and resilience in the face of growing threats. We are pleased to help Greece meet the cyber challenges it faces.”
30 Sivan-6 Tammuz, 5780 June 22-28, 2020 -- THE JEWISH OBSERVER, LOS ANGELES--637th Web Ed.