Articles by April, 2020

Israel is celebrating it's 72nd Independence Day with a total closure
532 Views Details

by Ifi Reporter

Category: Health

Israel is celebrating 72nd Independence Day, which this year has been marked in homes rather than on streets and entertainment venues, because of regulations designed to prevent the spread of the Corona virus. The beacon lighting ceremony on Mount Herzl was held without crowds and without the flagship exchange of IDF troops. As a result of the stringent holiday regulations, the businesses that opened in recent days, as did the supermarkets. The traffic on the roads has been greatly reduced due to the prohibition of traveling between cities. At 17:00, the special regulations for the...

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Apr 28, 2020

 Labor Court will decide whether El Al can withdraw NIS 115 million from its employees' pension fund
502 Views Details

by Ifi Reporter

Category: Financial

The Bat Yam Labor Court will hold a crucial hearing on Thursday for the airline. The tribunal will have to decide whether El Al can withdraw NIS 115 million from its employees' pension fund, as the company's fund - whose operations are almost completely disabled - is depleted. The amount is needed by God on interim financing until government assistance is granted - a $ 400 million state guarantee loan that has not yet been approved. The Histadrut - contrary to its position in the past and contrary to the position of workers who oppose the appeal - supports El Al's request. A Histadrut...

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Apr 29, 2020

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