Articles by May, 2021

Free trade area agreement between South Korea and Israel will be signed this week
43 Views Details

by Ifi Reporter

Category: Government

Foreign Minister Gabi Ashkenazi and Minister of Economy and Industry Amir Peretz will pay a two-day diplomatic working visit to Seoul, South Korea. At the center of the visit, there will be a signing of a free trade area agreement, which is expected to significantly increase mutual trade between Israel and Korea and exempt from customs Korean products imported to Israel and Israeli products exported to Korea. In addition, during the visit, an agreement will be signed to double the budget of the KORIL-RDF fund, which supports innovative research and development carried out in cooperation...

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May 8, 2021

the government approved the assistance outline to El Al and Israir NIS 737 over 20 years
324 Views Details

by Ifi Reporter

Category: Financial

The government has approved the Ministry of Finance's outline of assistance to the aviation industry, following the corona crisis and severe damage to the industry. As part of the approval of the outline, the agreements signed between the Ministry of Finance and El Al and Israir were approved, under which the state will purchase in advance a fixed amount and value of flight tickets for the employees of the aviation security system, for a period of 20 years. This amount will not change even if there is a change in the volume of tickets required in accordance with the security guidelines....

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May 9, 2021

budget deficit continued to decline to 11.2% of GDP in April - reached NIS 158.9 billion
238 Views Details

The government deficit continues to decline, amounting to 11.2% of GDP in the last 12 months (May 2020-April 2021); This is after the first time since the outbreak of the corona crisis was recorded in March, a decrease compared to the previous month - to 12.1%. State revenues amounted to NIS 35.5 billion in April (NIS 31.4 billion of which are tax revenues). This is about 10% of the state's revenue forecast for 2021. The state's capital raising was (gross) in April NIS 16.8 billion in the domestic market, and NIS 400 million abroad. In April, NIS 10.3 billion was repaid from the total...

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May 9, 2021

 Apple Pay has become the largest digital wallet in Israel: more than 150,000 users
47 Views Details

In less than a week: Apple Pay has become the largest digital wallet in Israel, according to credit card companies and banks. Five days after its launch, Apple's service that allows payment via iPhone or Apple Watch at the store checkouts, by attaching the mobile phone to the checkout, has gained momentum that similar services launched for Android phone and watch users can only dream of and arrived at estimates. For more than 150,000 users. Credit card companies and banks talk about mass joining. Two of the companies estimate that the number of participants in the entire market is over...

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May 9, 2021

 Still: 460,000  are unemployed in Israel of whom 52% are women - half of them under 34
44 Views Details

by Ifi Reporter

Category: Politics

One year and two months after the crisis and more than three months after leaving the third quarantine, and probably the last at this stage - there are still 460,000 unemployed in Israel, of whom 52% are women, with about half of the job seekers being young up to age 34 and half unemployed. Fear: It will be difficult for a large proportion of those sitting at home to find work in the coming months. This emerges from new data from the Employment Service published on Monday. After the unemployment rate dropped to 8% in March, unemployment benefits are expected to fall at the end of this...

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May 9, 2021

Home Front Command: Studies are cancelled until Monday in areas from the south up to the Sharon area
52 Views Details

by Ifi Reporter

Category: Government

According to the guidelines of the Home Front Command, studies will not be held tomorrow (Thursday) in most parts of the country - from the Gaza Strip to the localities of Gush Dan and the Sharon. Home Front Command guidelines also apply to Friday until the end of the school day. Since schoolchildren go on holiday for weeks, at this stage the studies are expected to resume on Wednesday, after Shavuot has been banned and only if there is an improvement in the security situation. Following the guidelines, about one million students will not attend school by Wednesday. The guidelines also...

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May 12, 2021

Riots in mixed cities: Lynching in Bat Yam and Acre and Night curfew in the city of Lod
56 Views Details

by Ifi Reporter

Category: Law

Tensions between Arabs and Jews in Israel reach negative highs in two acts of Lynch in Acre and Bat Yam. In Acre, a Jewish man was beaten and seriously injured. In Bat Yam an Arab man was beaten and seriously injured. In Lod, the riots continue despite the curfew coming into effect, riots began in Bat Yam with members of "La Familia", and also in Tiberias, Haifa and Acre it was not quiet: a 30-year-old Jewish citizen was fatally injured in a lynching attempt in Acre when he was attacked with sticks and stones. MDA staff evacuated him to the Galilee Medical Center in Nahariya. At the same...

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May 12, 2021

Roket firing continues: 5 year old child was killed in Sderiot and 8 were injured in Petach-Tikva
59 Views Details

by Ifi Reporter

Category: Government

The heavy firing on Israel. From eight in the evening last night until the morning hours, the Palestinians fired more than one hundred and thirty rockets, twenty-four fell in the Gaza Strip. The Iron Dome system intercepted dozens of rockets. Several rockets were fired in Sderot In Petah Tikva, nine people were injured last night by rockets in three residential buildings. Two were moderately injured and the rest lightly. Last night, the boy who was fatally injured by a rocket hit his apartment in Sderot-- Ido Avigal, five, died of his wounds. He was in the protected space but was hit by...

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May 13, 2021

 Manufacturers' Association: The damage to the economy from 3 days of fighting is NIS 540 million
41 Views Details

President of the Manufacturers' Association Ron Tomer The damage to the entire economy from the three days of fighting is estimated at five hundred and forty million shekels. According to him, the Israeli industry continues to produce under fire with a poorer presence of workers The Manufacturers' Association's estimate is based on the assumption that about a third of the employed in the south of the country were absent from work and ten percent of the workers in the center of the country Following the riots and riots across the country: tens of millions of shekels in damage to...

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May 13, 2021

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