Articles by June, 2019

Israel again attacked Syria for the second consecutive day. Yesterday, Israel retaliated in response to Syrian fire into Israel, but Israel continued to attack without explanation. The Syrian news agency SANA reports that missiles were fired at the T-4 airport in Syria, located near the city of Homs. The Defense Ministry in Damascus announced that Israel was responsible for the attack and that two missiles had been intercepted. According to the Syrian Center for Monitoring Human Rights, five soldiers were killed in the attack, three of them Syrians. The attack destroyed a rocket depot and...

The Knesset chose Matanyahu Engelman as the next State Comptroller. Engelman, the candidate of Prime Minister Benjamin Netanyahu, was elected by a majority of 67 Knesset members, compared with 48 who voted for the opposition candidate Giora Romm. Five MKs abstained. When the results of the vote were announced, Netanyahu called Engelman and congratulated him on his election to the post. "People were impressed by your integrity and professionalism," Netanyahu told Engelman. "You will do a great job and I am sure that it will work for the benefit of the state and for the benefit of the...

Israel Aerospace Industries (IAI) is launching the new T-Heron, the new Tactical UAV, in the Paris Air Show, the T-Heron aircraft is intended for tactical missions on the battlefield and will serve mainly the ground forces, the Coast Guard and others. My mission is multi-functional, and combines the most advanced technologies from IAI. The T-Heron model joins the UAV family of UAVs and is based on the extensive know-how and experience accumulated in the field of UAVs, which has accumulated over 40 years of operation in IAI, more than 1,700,000 cumulative operational flight hours and more...

Attorney General Avichai Mendelblit rejected the request of Prime Minister Benjamin Netanyahu's lawyers to postpone the hearing scheduled for the beginning of October, even though the elections will take place about two weeks before the hearing. On behalf of Mandelblit, it was stated: "After considering all the relevant interests, the attorney general found that there was no justification for granting the request." The legal system estimates that Netanyahu will petition the High Court of Justice. Three weeks ago, the prime minister's attorney requested that the hearing be postponed, and...

The Taub Institute's State of the Nation Report of 2019 shows that the situation in the State of Israel is certainly relatively good, but various data indicate that there is a fear of economic and social deterioration and that it is very difficult to break out of poverty. The report shows that the levels of poverty and inequality have declined in recent years and that social investment has increased, but that it is much more difficult to exit the cycle of poverty in Israel than in OECD countries. To get out of poverty, a couple with two children has to work about 70 hours a week (each),...

The world's largest beer manufacturer, AB InBev, is setting up a cyber division in Israel that will meet global information security needs in all the regions in which it operates. The company has begun recruiting senior cyber personnel to be employed at a technology center it operates in its offices, which are spread over an area of ​​1,200 square meters at the Sonol Tower in Tel Aviv. In the first stage, about 30 employees will be recruited. By the end of next year, about 100 cyber workers will be recruited. AB InBev began operating in Israel after purchasing the Weissbeerger startup a...

Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon announced that they agreed to continue subsidizing kindergartens operating in the afternoon at the end of the school day, in the coming school year. The proposal will be submitted for Cabinet approval. The two claimed that a financial source was found for the continuation of the subsidy, but did not provide explanations as to the effect of the subsidy on the expected cuts in government ministries, in light of the growing deficit. Attorney General Mandelblit confirmed on Sunday that the budgets of government ministries...

Gross domestic product increased by 4.8% in the first quarter of 2019 compared to the fourth quarter of 2018, according to the second estimate published by the Central Bureau of Statistics on Sunday. This increase is more moderate than the previous estimate for the first quarter published last month, which reported an increase of 5.2%. Although the Central Bureau of Statistics has revised its growth rate in the first quarter downwards, this is still an impressive figure, reflecting an increase in the economy's growth rate, by 3.8% in the fourth quarter and 3.8% in the third quarter of 2018

The new start-up program will act "to accelerate Israeli startups in the early stages, and will begin operating in Israel and then expand to other countries." According to Intel's announcement, the program is designed for "Israeli start-ups that focus on the most influential developments in today's industry, including artificial intelligence (AI), autonomous systems and data-focused technologies and other business models. Start-up companies in the pre-seed stage to Sid in a 20-week program where they will receive practical mentoring from Intel experts and industry in a variety of product,...

French-Israeli businessman Patrick Derhey buys Sotheby's, the largest auction house in the art world, for $ 3.7 billion. Sotheby's announced that BidFair USA, owned by communications and telecom entrepreneur Patrick Drahi, will pay $ 57 per share in cash, and Sotheby's will become a private company. This is a 61% upside on the share's closing price last Friday on Wall Street - $ 35.39 per share, reflecting a market value of $ 26 billion before the deal