Articles by November, 2020

After a little over a month and a half at home, about half a million first- and fourth-year students will return to schools this morning (Sunday) - and will join the half-million kindergarten children who have been in the frameworks for the past two weeks. The young students will arrive this morning in classes in groups of 20, and will be required to wear masks throughout the school day and throughout breaks. Returning to schools after a week of uncertainty and publishing changing outlines is accompanied by mixed feelings on the part of parents and teachers: on the one hand the desire to...

The Corona Cabinet approved the increase in fines for violating Corona regulations, in a decision passed almost unanimously - with the exception of Interior Minister Aryeh Deri who objected. The increase in fines is still subject to Knesset approval. In addition, Corona projector Prof. Roni Gamzo warned in the discussion of an alarming drop in the number of tests: "This is an ongoing war. The tests are free, still in a state of unwillingness to go and be tested. in her". According to the proposal approved by the cabinet, the fine for opening an educational institution, holding a wedding,...

The average wage in the economy in August increased significantly relative to the corresponding period last year and the main reason for this is layoffs and expenses for low-wage workers. In August, the average wage reached NIS 11,578, an increase of 7.3% compared to August 2019. CBS) published today (Wednesday). Such a high increase in the average salary in the economy is expected to result in an increase of thousands of shekels in the salaries of ministers, Knesset members and senior officials in the economy, if there is no legislation on the temporary order proposed by Finance Minister...

The Corona Cabinet approved on Wednesday evening the opening of street shops starting Sunday in all authorities in the country, under a limit of four shoppers in the store. This, with the exception of the red cities where it was decided to impose a closure. Ministers Yuli Edelstein, Meirav Cohen and Amir Peretz voted against the decision. Prime Minister Benjamin Netanyahu first spoke out against the opening of stores at the hearing. "We are falling into the trap of a real and honest lack of evidence of the situation. We are not in a situation where if we release the closure we will not...

Teva met profit forecasts for the third quarter of the year, but reported a high write-off following lawsuits. Teva shares declined in pre-trading in New York and the Tel Aviv Stock Exchange, after earlier trading in gains. The Israeli pharma company managed by Kor Schultz concluded the third quarter of 2020 with revenues of $ 4 billion, a decrease of 3% compared to the corresponding quarter last year. Earnings were 58 cents a share. Teva's revenues are lower than analysts' forecasts, which expected the company to have revenues of $ 4.07 billion, but the profit is in line with...

The Ministerial Committee for the Declaration of a Restricted Area expanded at noon (Friday) the list of localities in the northern region that are closed due to an increase in the morbidity data in Corona. After yesterday it was decided to extend the closure on Majdal Shams until November 10 and to announce restrictions on the locality of Restaurant until November 11, restrictions were also announced on the localities of Buqata and Hatzor HaGlilit. According to the decision, the restrictions in Buqata will begin tomorrow at 08:00 in the morning and will last until next Thursday at 08:00...

About two hours after the resignation of the Deputy Director General of the Ministry of Health, the Deputy Head of Public Health at the Ministry of Health, Dr. Sharon Elrai Price, gave a briefing to the media following the opening of street shops - a move she opposed - and the increase in infection in Israel. "To reach the next opening, we will need less than 500 verified corona patients a day - so there is still a long way to go." According to Dr. Elrai Price, "With the exit from the quarantine, the coefficient of infection increases. This is not surprising. We knew this was going to...

On Monday, the Knesset committee unanimously approved the bill initiated by the committee's chairman, MK Eitan Ginzburg (blue and white), according to which the salaries of Knesset members will be frozen in 2021. The purpose of the bill is to prevent the salary of Knesset members from being updated by approx. NIS 5,000 gross per month. The Knesset will save about NIS 6 million as a result of the freezing of the salaries of the incumbent MKs, when this amount does not include the expected savings due to the freezing of the update on the benefits of former Knesset members. Knesset Member...

Despite the corona crisis, the closure and the High holidays, the number of transactions in September 2020 was among the highest recorded in September in the last twenty years, both in terms of total transactions and those made in the free market only. This is according to data from th chief economist at the Ministry of Finance. The numbers indicate that last September 9,600 apartments were purchased (including price-per-tenant apartments), unchanged from September 2019 and a decrease of 11% compared to the high level of transactions recorded in the previous month. These are particularly...

"If the vaccine for Corona is available in Israel in the middle of 2021 - growth in Israel in the coming year will be relatively positive, at a rate of 4.8%. But in a continuing morbidity scenario - growth will reach only 2.2%, which is close to zero per capita growth. This first forecast, since yesterday's announcement by Pfizer about the success of its vaccine trial for Corona, was made today (Tuesday) by the chief economist at the Ministry of Finance, Shira Greenberg. This is in the context of presenting the macroeconomic situation of Israel, against the background of the corona crisis,...