Articles by 0 August, 2022
![A cyber-financial cooperation agreement was signed between Israel and the United States A cyber-financial cooperation agreement was signed between Israel and the United States](http://www.ifi.today/uploads/d/dan56/cyber444_e2bfe~.png)
by Ifi Reporter
Category: Government
The Cyber, Emergency and Security Unit and the Chief Economist Division at the Ministry of Finance continue to strengthen the long-standing relationship and cooperation with the US. Further to the meeting of Finance Minister Lieberman with the US Deputy Treasury Secretary, Wally Adeyemo, in November 2021, in which they discussed the need to strengthen the resilience of systems, organizations financial and deepening cooperation on the subject, today (Tuesday) a cooperation agreement (MOU) in the cyber-financial field was signed between the ministries of finance of Israel and the USA. On the...
Aug 23, 2022
![Supreme Court shortened the sentence of M.K Faina Kirshenbaum from 10 years to 7.5 Supreme Court shortened the sentence of M.K Faina Kirshenbaum from 10 years to 7.5](http://www.ifi.today/uploads/d/dan56/fullsizeoutput_e2e_2d755~.jpg)
by Ifi Reporter
Category: Law
The Supreme Court today (Wednesday) shortened the sentence of the former Deputy Minister of the Interior, Faina Kirschenbaum from ten to seven and a half years in prison. Kirschenbaum was convicted of bribery, fraud and breach of trust in the Israel Beitenu case. In addition to this, the judges also shortened the sentence of Rami Cohen, the former director general of the Ministry of Agriculture who was convicted in the case of accepting bribes and other crimes - from 30 to 18 months in prison
Aug 24, 2022
![Soon: The Tax Authority wants to impose VAT on currency conversion fee for credit cards Soon: The Tax Authority wants to impose VAT on currency conversion fee for credit cards](http://www.ifi.today/uploads/d/dan56/fullsizeoutput_1b_62831~.jpg)
by Ifi Reporter
Category: Financial
The use of credit cards abroad will soon be added to the list of products that are becoming more expensive in Israeli life: a six-year dispute between the credit card companies and the tax authority may soon end in a compromise, the consequences of which could make the fees for using credit cards abroad more expensive. In December 2016, the Tax Authority issued an assessment to the credit card companies that mainly deals with the payment of VAT for income from credit card transactions carried out abroad, as well as online purchases on websites abroad. When a customer carries out such...
Aug 25, 2022
!["Corona crisis did not lead to a wave of resignations and a mass exit from the labor market" "Corona crisis did not lead to a wave of resignations and a mass exit from the labor market"](http://www.ifi.today/uploads/d/dan56/stop667_cbe7d~.png)
by Ifi Reporter
Category: Capital Market
A review by the chief economist at the Ministry of Finance indicates that in Israel, the corona crisis did not lead to a wave of resignations and a mass exit from the labor market. According to the review, as of June 2022, the employment and participation rates in Israel have somewhat exceeded their pre-crisis level. The employment rate of those aged 15 and over in June 2022 was 61%, 0.1 percentage point higher than before the crisis, and the participation rate (63.4%) exceeded its pre-crisis level by half a percentage point. Nominally, the number of participants in the labor market in June...
Aug 25, 2022
![OPC's revenues in Q2 grew by 18% to NIS 405 million - Operations in the US rose by 24% OPC's revenues in Q2 grew by 18% to NIS 405 million - Operations in the US rose by 24%](http://www.ifi.today/uploads/d/dan56/fullsizeoutput_1d_68921~.jpg)
by Ifi Reporter
Category: Health
Prolonged shutdown of three power plants, for the purpose of carrying out maintenance and renovation work, resulted in a decrease in the operating profit of the OPC company controlled by the Canon company of the Idan Ofer group. OPC, which is managed by Giora Almogi, lost NIS 11 million in the second quarter of 2022, an 85% decrease in loss compared to the corresponding quarter in 2021. The second quarter, which is a transition season in Israel and the US, is the seasonally weakest quarter in OFC's operations. The company operates two power plants in Israel and controls (70%) the American...
Aug 26, 2022
![Commit the leading technology services company expanded: continues to recruit dozens of employees Commit the leading technology services company expanded: continues to recruit dozens of employees](http://www.ifi.today/uploads/d/dan56/fullsizeoutput_f_0eb36~.jpg)
by Ifi Reporter
Category: Hitech
Commit, the leading technology services company in Israel, is expanding to new offices, and continues to recruit dozens of employees, who will join its 600 employees worldwide. Commit is a global technology services company with offices in Israel, New York and Europe. The company was established in 2005 and has about 600 multidisciplinary innovation experts, who serve a wide range of companies, from startups in their infancy to product companies and large organizations. Commit is the only one in Israel that provides a comprehensive answer to all the technological needs of its customers and...
Aug 29, 2022
![A marketing manager at Google protested cooperation with Israel claims harassment and resigned A marketing manager at Google protested cooperation with Israel claims harassment and resigned](http://www.ifi.today/uploads/d/dan56/Screen-Shot-2022-08-31-at-15-32-01_cb300~.png)
by Ifi Reporter
Category: Politics
Ariel Koren, a marketing manager at Google who was one of the leaders of the protest against "Nimbus", the company's agreement with Israel, has announced that she is resigning from the company. According to her, Google tried to harass her following her activism. Koren, a 28-year-old American of Jewish origin, feared that the technology that Google would provide to Israel would harm the Palestinians. Koren worked in the field of educational products at Google for seven years. For more than a year, she organized the protest against Nimbos, a $1.2 billion contract under which Google and...
Aug 31, 2022
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