Articles by March, 2022

Inflation is back: CPI rose by 0.7% in February and 0.9% since the beginning of the year
117 Views Details

The consumer price index rose by 0.7% in February 2022, completing a 3.5% increase in the last twelve months (February 2022 compared to February 2021). This is according to data published by the Central Bureau of Statistics. Thus, already in the second month of 2022, a price increase of almost a full percentage - 0.9%, has been accumulating since the beginning of the year

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Mar 15, 2022

Sentinel One acquires American Attivo Networks for $ 616 million - will publish results tonight
115 Views Details

by Ifi Reporter

Category: Hitech

Sentinel One announced the acquisition of Attivo Networks for $ 616 million. Atibo Networks specializes in identity management and deception products. It provides protection against identity theft, privileges and more, and also prevents cyber attacks by enticing attackers to expose themselves. This is done through various deception tactics, such as opening an account or file that act as a trap for the purpose of attracting attackers

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Mar 15, 2022

Is Corona back?  The obligation to wear masks in closed spaces will continue
109 Views Details

by Ifi Reporter

Category: Health

Prime Minister Naftali Bennett is consulting with Health Minister Nitzan Horowitz and senior officials of his ministry following the increase in infection rates. The discussion presented the morbidity data in Israel as well as the morbidity situation in the world, with an emphasis on the focal points of the outbreak in China and Hong Kong. The discussion presented the information currently available on the BA2 strain and the combined strain of the Omicron. At the end of the discussion, it was decided that the obligation to wear masks in closed spaces would continue at this stage and be...

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Mar 16, 2022

A new era began? US Federal Reserve raised the interest rate by 0.25% - Israel might be next
128 Views Details

A new era began tonight in the financial world. After a long period in which most countries around the world had a particularly low level of interest rates, the US Federal Reserve raised the interest rate from 0 to 0.25% - to 0.25% to 0.5%, for the first time since December 2018. Despite previous estimates that the war in Ukraine could delay interest rate hikes - high inflation, resulting from rapidly growing consumption as the Corona crisis subsided, overcame the war and led to the beginning of US interest rate hikes. The implication of raising interest rates tonight in the leading...

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Mar 16, 2022

Defense ministry will purchase laser-based systems for intercepting rockets and mortar shells
120 Views Details

by Ifi Reporter

Category: Government

In the coming days, the Ministry of Defense will purchase powerful laser-based systems for intercepting rockets and mortar shells. Elbit, which is responsible for the production of the laser transmitter, and Rafael, which manufactures the system, recently announced that they have the required capacity to begin production of an operational system within three years. The air and are expected to operate in the Gaza Envelope. When the Israeli defense industry began to develop laser interception capability a few years ago, it faced several technological challenges: First, it had to produce a...

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Mar 17, 2022

Israel is among the 10 happiest countries in the world - Finland is the happiest fifth year in a row
143 Views Details

by Ifi Reporter

Category: Government

Israel is among the ten happiest countries in the world, according to the World Happiness Report published today, this is the tenth year. Israel was ranked ninth in the ranking, compared to 11th place in 2021 and 14th place in 2020. Finland is the happiest country in the world for the fifth year in a row in the ranking, where more than 150 countries are ranked. The ranking is published by a body called the UN Sustainable Development Solutions Network, and is based on data from a Gallup global survey, along with other variables such as per capita GDP and life expectancy. Finland's...

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Mar 18, 2022

lotteries on discounted apartments are back: Registration opens Sunday al over Israel
154 Views Details

by Ifi Reporter

Category: Real Estate

The big lotteries on discounted apartments are back this week. On Sunday, registration opens for a large raffle of about 10,000 discounted apartments in 150 different projects in 31 localities across the country, in the north, in the south and also in the center. The lottery comes after a long period in which large lotteries for discounted apartments were not held under government housing programs, for several reasons, including political instability, government turnover and housing programs, and, of course, bureaucracy. The current big lottery is the first in the new "Target Price"...

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Mar 19, 2022

 Ultra-Orthodox leader Rabbi Kanievsky will be laid to rest - We will pay hundreds of million NIS
387 Views Details

by Ifi Reporter

Category: Law

Sunday, when the leader of the ultra-Orthodox community, Rabbi Kanievsky, will be laid to rest, becomes one of the days when the State of Israel descends to an unprecedented low. The entire Gush Dan, which includes the cities of Tel Aviv, Bnei Brak, Petah Tikva, Ramat Gan and the cities of the Sharon, will be blocked and it seems that the Israeli economy will lose billions of shekels tomorrow. The State of Israel does not know how to deal with about a million mourners who want to attend a funeral that will take place in a small cemetery in Bnei Brak. Each road number 4, one of the most...

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Mar 20, 2022

Central Bureau of Statistics:  construction starts in 2021 amounted to 63,330,000 - 13% increase
117 Views Details

by Ifi Reporter

Category: Real Estate

2021 was a record year in the real estate market and not only in terms of prices and sales of apartments. Data published by the Central Bureau of Statistics (CBS) summarizes the number of construction starts in 2021 amounted to 63,330,000 apartments - a record not observed since 1995. This is an increase Of 13% compared to 2020, when construction began on 55,990 apartments. The data are set against the background of statements by Finance Minister Avigdor Lieberman on new measures to cool price increases, the launch of a new lottery for 10,000 discounted apartments funded by the government...

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Mar 20, 2022

Bank of Israel might approve a rise in interest rates that banks will charge for Mortgages
105 Views Details

by Ifi Reporter

Category: Real Estate

The Bank of Israel announced Sunday a number of measures that ostensibly signal an increase in credit risks in the real estate market. The possible significance of this step could be the rise in interest rates that banks will charge on loans to purchase high-leveraged land. The Supervisor of Banks, Yair Avidan, said that "in light of the increase in risk appetite and the banking system's exposure to the construction and real estate industry, we have recently instructed the banks to hold appropriate discussions on the matter with their boards of directors and management

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Mar 20, 2022

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