Articles by May, 2020

 Thousands of self-employed protested under the slogan: "The People Against the Disconnected,"
79 Views Details

by Ifi Reporter

Category: Government

Under the title "The People Against the Disconnected," on Saturday evening, about 1,000 people - including employees and self-employed - demonstrated at the Charles Clore Garden in Tel Aviv, as well as other locations in the country. Protesters protested the economic damage they suffered as a result of health guidelines for dealing with the spread of the corona virus. Parallel to Tel Aviv, similar demonstrations were held in Jerusalem, Haifa, Beersheba and Kafr Qasem. Ynet broadcast live demonstration in Tel Aviv. Actor Ran Danker spoke at a rally in Tel Aviv "I came here as an artist and...

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May 2, 2020

Half a million students are expected to return to the education system today - kindergartens closed
81 Views Details

by Ifi Reporter

Category: Government

960,000 students are expected to return to the education system today (Sunday) and during the week. Today, 493,933 first and third graders are expected to return, and by Tuesday, 200,000 11th and 12th students will return, and 80,000 special education children will join 60,000 who are already enrolled, and 127,000 ultra-Orthodox students in grades 7-12. Returning to school is not mandatory with the understanding that there are parents who fear sending their children to school. In the education system, it is estimated that the early days will be characterized by partial attendance because...

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May 3, 2020

 Bank of Israel: from April 19th significant increase in credit card activity by 23%
47 Views Details

by Ifi Reporter

Category: Financial

Data released by the Bank of Israel show that from the beginning of the closure easing (April 19) to the beginning of May, there was a significant increase in credit card activity by 23% compared to the closure period. The average daily expenditure since the beginning of the relief was NIS 960 million a day, compared with NIS 782 million during the closure period. This is not yet a full-fledged activity, as the average daily volume of credit cards on March 16 was NIS 1.1 billion. This means that activity volumes have not fully returned to 15% of their routine - but this is still an...

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May 3, 2020

Huge acquisition for Intel in Israel will pay $ 900 million for Moovit with 775 million users
55 Views Details

by Ifi Reporter

Category: Financial

Another huge acquisition for Intel in Israel: The company signed a deal with Moovit on Monday. The public transport travel app, with 775 million users worldwide, operates in 45 languages, in 3100 cities located in 102 countries. The value of the transaction is estimated at $ 1 billion. In its early years, Moovit focused on free end-user service, but in recent years its business model has expanded. As part of the new model, Mobit offers its various cities and authorities technology as an infrastructure through which they can map and improve their public transport systems.

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May 4, 2020

P.M Netanyahu presented a full exit strategy from the Corona crisis
61 Views Details

by Ifi Reporter

Category: Government

Full exit strategy from the crisis: Prime Minister Benjamin Netanyahu says Israel has recorded "great achievement" in the fight against the spread of the Corona virus. During a press conference held in his Jerusalem office, Netanyahu on Monday presented a series of countries where the proportion of patients and the dead is relatively higher than in Israel, noting that "Israel's achievements serve as a model for many countries." At the outset, Netanyahu said: "Our response to the Corona crisis, the global crisis, is unabated. We are not letting go of the effort to overcome the virus that...

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May 4, 2020

43 people have been diagnosed positive for the Corona virus in the past 24 hours - 238 died so far
76 Views Details

by Ifi Reporter

Category: Health

43 people have been diagnosed as positive for the Corona virus in the last day. This is according to the Ministry of Health data released on Tuesday evening. This represents an increase of 0.26%. Since Saturday night, only 104 new patients have been diagnosed. It has been over a week that the daily growth rate does not exceed one percent. 5,586 people are now defined as active patients, and 10,465 have recovered. In the last day, there was also a 4% increase in the number of recoverers. 91 of the patients are in a difficult situation - only one patient increase compared to yesterday....

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May 5, 2020

Corona positive twiist for Teva: net profit for Q1 amounted to $ 69 million - better than forcast
218 Views Details

by Ifi Reporter

Category: Financial

Teva made $ 69 million, which is 6 cents a share, in the first quarter of 2020 based on US GAAP, compared with a loss of $ 105 million in the same quarter in 2019. Teva's share jumps 11.6% in early trading on the stock exchange Of New York. Teva earned $ 835 million, which is 76 cents a share, in the first quarter of 2020 on a non-GAAP basis, net of amortization of intangible assets and impairment provisions. Analysts ’average earnings were 58 cents a share on a non-GAAP basis in the first quarter of 2020. Teva's revenue grew 5% in the first quarter of 2020 compared to its corresponding...

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May 7, 2020

The High Court of Justice: there is no legal cause to deny from Netanyahu to form a government
115 Views Details

by Ifi Reporter

Category: Law

The Supreme Court, sitting as the High Court of Justice, dismissed the petitions in Netanyahu's case and the coalition agreement, unanimously stating that there is no legal cause to interfere with the imposition of the thirty-fifth government on MK Benjamin Netanyahu On the grounds of the ruling, the judges ruled that to date, the role of the government in Israel has not yet been assigned to a Knesset member accused of bribery, fraud and breach of trust. However, a pending indictment against a Knesset member does not prevent the government from taking on its role, and as a result, its...

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May 7, 2020

  Malls and Markets eopened with social distance limitations and long lines are seen in most of them
90 Views Details

by Ifi Reporter

Category: Government

According to the Central Bureau of Statistics (CBS) data released on March, a 19.1% increase in food chain revenue was recorded. . The sharp rise in food chains has led to an increase of 4.1% in March in all marketing chains. It can be estimated that most of the increase was achieved from the contribution of food and pharmacy chains, since apart from most of these areas, most of the retail activity was disabled with the closure of shopping malls and street shops, following the Ministry of Health's guidelines. A quarterly analysis shows that in January-March, there was an increase of 2.2%...

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May 7, 2020

 Reached an agreement: on kindergartens operating in the after-school hours from 1400
98 Views Details

by Ifi Reporter

Category: Government

The Ministry of Education, the Ministry of Finance and the local government reached an agreement on the operation of kindergartens operating in the after-school hours from 1400 to 1700 known as the afternoon, after initially providing funding that would only allow them to be opened in authorities where the socioeconomic index is relatively low. Now, the statements are expected to gradually open in all authorities - but not in the third grade for now. Parents will pay for the days when the children will stay in the frames, each local authority will announce the date when the detention...

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May 8, 2020

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