Articles by August, 2021

Three years since the last budget Israeli government approved state budget for 2022-2021
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Three years since the last budget was approved, the Israeli government approved this morning (Monday), after a white night of heated discussions, the state budget for the years 2022-2021 - and later it will have to approve it in the Knesset as well. In light of the narrow coalition, the government is facing a significant problem ahead of the Knesset vote on the budget in mid-November - and in order to obtain a majority it will have to reach various "deals". The government discussed approving the budget from Sunday morning, went out for a break in the afternoon - and returned to discuss it...

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Aug 2, 2021

A huge fire broke out today in the Jerusalem area, near the village of Shoresh
114 Views Details

by Ifi Reporter

Category: Health

A huge fire broke out today (Tuesday) in the Jerusalem area, near the village of Shoresh and Road No. 1 (Jerusalem-Tel Aviv Road). Suspected arson. Following the fire, Shoresh's first line of houses, on Harimon Street, was evacuated - as was the gas station complex and the nearby commercial center. Later, residents of the first line of houses in the locality of Shoeva, on Hahoresh Street, were also evacuated to an absorption center in Kiryat Anavim. In addition, in both localities, electricity was cut off, in order to avoid the danger of electric shock

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Aug 3, 2021

Corona cabinet decided to impose further restrictions: to wear masks in open spaces
110 Views Details

by Ifi Reporter

Category: Health

The Corona Cabinet decided on Tuesday evening to impose further restrictions on the public in view of the increase in Corona morbidity, including the expansion of the green label outline. The public will be required to wear masks even in open spaces during gatherings. The list of countries from which returnees will be required to enter isolation has been expanded, even if we have been vaccinated before leaving for them. Most of the decisions will take effect next Sunday, August 8th. During the discussion, some of the ministers raised the possibility that another closure would be imposed on...

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Aug 3, 2021

The average wage in May was NIS 11,300, A decrease of 3% - the number of jobs rose by 15%
110 Views Details

by Ifi Reporter

Category: Financial

The average wage in the economy last May was NIS 11,300 gross, a decrease of 3% compared to April this year. This is according to data from the Central Bureau of Statistics. The number of jobs in May was 3.552 million, an increase of 15.5% compared to the same period last year and an increase of 1.1% compared to the previous month. The continued decline in the average wage in the economy can be attributed to the return of weaker workers to the labor market. Most of the laid off or workers who were expelled from the IDF were in occupations where the monthly income was low, especially in the...

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Aug 4, 2021

Paz will acquire Freshmarket for NIS 2.1 billion in cash and reflects a 14% premium on it's value
123 Views Details

by Ifi Reporter

Category: Financial

Paz will acquire Freshmarket, controlled by Shlomi and Yossi Amir, for NIS 2.1 billion in cash (80%) and shares (20%). The transaction reflects a 14% premium on the value of a fresh market on the stock exchange. Simultaneously with the decision to acquire Freshmarket, the Paz Board of Directors decided to reject the two proposals it received for the acquisition of control of the company by Leumi Partners and by Shikun VeBinui. Leumi Partners offered to inject NIS 1.055 billion, in exchange for an allotment of 20% of Paz's shares at a company value of NIS 3.85 billion - and an option to...

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Aug 4, 2021

Health officials warn: A closure is not a solution but a lockdown is considered
168 Views Details

by Ifi Reporter

Category: Health

The warnings of the Corona Cabinet, the Ministry of Health and Prime Minister Naftali Bennett against a fourth closure, perhaps during the Tishrei holidays, lead to an attack by senior health officials who warn: A closure is not a solution. This move, they say, has failed in the past, and will fail this time as well. The Ministry of Health and its senior officials, they claim, do not take into account all the considerations, and manage the crisis through a particularly narrow prism. In the Corona Cabinet yesterday, the experts who attended the meeting said that in order to avoid reaching...

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Aug 5, 2021

Hezbollah launches about twenty rockets to northern Israel but are not looking to escalate
103 Views Details

by Ifi Reporter

Category: Government

Hezbollah launches about twenty rockets into the north of the country. No one was hurt. Ten of them were intercepted using an Iron Dome system. Three rockets landed in Lebanese territory and another six fell in open areas away from settlements. The 19 rockets fired at Israel by Hezbollah were not aimed at inhabited areas. This was updated by IDF Spokesman Ran Kochav. The IDF explained that the readiness of the Iron Dome system was increased and therefore the launch did not surprise the army. Do not harm residents. However, the army noted that although they are not ready for a "situation...

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Aug 6, 2021

The deficit  in the last 12 months dropped to 9.3% of the GDP -  30% jump in tax revenues
149 Views Details

The current account deficit in the state budget in the last 12 months to July dropped to a single-digit figure - 9.3% of GDP. The deficit fell after a sharp jump of about 30% in state tax revenues in July. The deficit in June reached 10.1% and has been declining since the peak of March, when it stood at 12.1%. The total deficit is about NIS 44 billion. The volume of tax collection in Israel soared to an all-time high of NIS 35.8 billion - an increase of 23.7% compared to the same period last year. The increase was mainly due to the investments and issues of the high-tech industry. In...

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Aug 8, 2021

P.M Naftali Bennett approved the outline for the opening of the school year September 1st
63 Views Details

by Ifi Reporter

Category: Government

After lengthy discussions in the government, Naftali Bennett this evening (Sunday) approved the outline prepared by the Ministries of Health and Education for September 1. According to the outline, which still needs to get the corona cabinet approval and will only apply if there is no closure, classes will open as usual from kindergartens to twelfth grades, under six "layers" of protective actions, including serological tests starting later this week, speed tests to be provided to parents, tests Initiated in schools in orange and red localities, observance of the rules of the corona - and...

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Aug 8, 2021

6,275 Israelis were diagnosed positive for Corona - 3rd of them  from the education system
223 Views Details

by Ifi Reporter

Category: Health

6,275 Israelis were diagnosed as positive for Corona - more than a third of them from the education system - and this is the highest number of verified since February 8. The peak since the beginning of the plague was 10,117, on January 18th. Today, at midnight, 2,942 verified were diagnosed. Excluding surveys and tests for recoverers, the positive rate yesterday was 4.84% - the highest figure since March 6. The peak of the outbreak is 15%, on September 29 last year. Today, at midnight, the rate of positives is slightly higher - 4.89%. A total of 130,000 tests were performed yesterday, the...

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Aug 9, 2021

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