Articles by May, 2020
by Ifi Reporter
Category: Government
The ministry of Transportation announced today that the city bus lines will resume operation on Fridays and Saturdays. In areas where buses also operated on Saturdays, activity will resume throughout the weekend. They also announced that the train would return to operate on a limited basis from the following week between Sunday and Thursday. The last time the bus lines operated at the weekend was on the weekend of March 14-13. The National Public Transport Authority of the Ministry of Transport has determined that the municipal public transport lines that operate during the week will...
May 11, 2020
by Ifi Reporter
Category: Government
Education and health ministries on Monday concluded an outline for a gradual return to elementary, middle and high school studies. The ministry has concluded that fourth-12th graders will return to school this Sunday, May 17, but only for part of the week and in a limited format. All classes will be divided into separate groups of 20 students. According to the layout, students will not be required to wear a mask, but will keep two meters apart. The teacher will also keep a similar distance from the students, and if he travels between them, they will be required to wear masks. It was...
May 11, 2020
by Ifi Reporter
Category: Financial
A fall in potash and phosphate prices resulted in a 57% drop in Israel Chemicals (ICL) 's net profit in the first quarter of 2020, totaling $ 60 million - 5 cents a share. ICL's revenue, managed by Reviv Zoller, fell 7% in the first quarter of 2020 compared to its corresponding quarter in 2019, totaling $ 1.3 billion - 4% more than the analysts' forecasts. The decrease in ICL's revenues (-2.89% 1210) was due to a 15% ($ 44 per tonne) drop in potash prices in the last quarter compared to the corresponding quarter, to $ 250 per ton. ICL was also hit by a fall in the price of green phosphoric...
May 12, 2020
by Ifi Reporter
Category: Government
Health Ministry Director Moshe Bar Siman-Tov announced Tuesday morning to Prime Minister Benjamin Netanyahu and Health Minister Yaakov Litzman about his desire to resign. In a letter he sent to the two, he wrote that "upon the establishment of the government, I would like to announce my resignation from the office of the Director General. The State of Israel service is the greatest privilege. After almost 20 years in public service, of which five years as Director General of the Ministry of Health, it is time to move on. "I am proud of my years as CEO and especially in dealing with the...
May 12, 2020
by Ifi Reporter
Category: Capital Market
Despite the opening of malls and shopping malls, the retail chain industry holds the highest rate of paid leave without leave (ILS): 33% of retail chain employees are still on vacation, compared to an average of 18% in May. The highest among the economic sectors, with the lowest rate recorded in the finance and insurance sectors, where 5.2% of employees are still in the foreign currency. This data comes from a fourth Bezeq survey in May, published by the Central Bureau of Statistics, to examine the state of the business when the Corona virus spread. He has three surveys conducted by the...
May 13, 2020
by Ifi Reporter
Category: Government
US Secretary of State Mike Pompeo comes to Israel for about eight hours to discuss Netanyahu with two key issues: Iran and China. Washington is very unhappy with the acquisition of Israeli infrastructure by China. It is about the two ports of Israel in Haifa and Ashdod and that China is the one that will establish Israel's new ports. Alongside these, the US is unhappy with the acquisition of Beijing's Tnuva and Dor Alon Tabor power plant. In statements by Prime Minister Benjamin Netanyahu; Blue and White chairman Benny Gantz; and designated foreign minister Gabi Ashkenazi, after meeting...
May 13, 2020
by Ifi Reporter
Category: Real Estate
First signs of the impact of the Corona crisis on the housing market: According to the Central Bureau of Statistics, between January and March, 8,090 new apartments were sold, down 11.4% from October to December, where 9,130 apartments were sold. This is the first official figure that reflects the state of the field's sales, following the companies' reports that since the beginning of the restrictions on the sale of apartments, they were almost completely stopped
May 14, 2020
by Ifi Reporter
Category: Financial
The Bank Hapoalim published its financial results for the first quarter of 2020, and the Corona crisis was clearly evident with a sharp 76.6% drop in net profit to NIS 192 million. Bank Hapoalim is the first of the banks to publish its Q1 reports. The decrease in net profit is a significant increase in NIS 757 million in credit losses, including a group provision of NIS 603 million due to uncertainty over the effects of the Corona crisis and a preliminary step to the possibility of borrowers, including large borrowers such as a fuel group that will find it difficult to meet payments. The...
May 14, 2020
by Ifi Reporter
Category: Health
The National Institutes of Health said it began a study to evaluate the combination of antibiotic azithromycin and malaria drug hydroxychloroquine, which was previously touted by U.S. President Donald Trump as a "game changer" for the treatment of COVID-19. The study, for which Teva Pharmaceutical Industries Ltd will be donating medicines, will assess whether the combination can prevent hospitalization and death from COVID-19, the coronavirus respiratory disease. The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health, is sponsoring...
May 16, 2020
by Ifi Reporter
Category: Government
After three election campaigns - Israel has a new government: The Knesset plenary on Sunday approved a majority of 73 Knesset supporters against 46 opposing the 35th state of Israel led by Prime Minister Benjamin Netanyahu and Alternate Prime Minister Benny Gantz. Broadcasts live declaration of allegiance by new government ministers One by one, the new government ministers came up and declared: "I pledge as a member of the government to maintain allegiance to the State of Israel and its laws, to fulfill my role as a member of government and to comply with the Knesset's decisions
May 17, 2020
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