Articles by September, 2022

The long struggle of the specialist doctors is bearing fruit: Prime Minister Yair Lapid has decided that the preparation to shorten specialist shifts to 16 hours will begin in the periphery immediately. The chairman of the organization of specialized doctors and the leader of the struggle, Dr. Ray Beaton, announced the withdrawal of the letters of resignation. "We have made a great achievement," said Dr. Beaton. "We have not finished the struggle. But as of now, we have reached a situation where the letters of resignation can be withdrawn."

Sunfrost's frozen bean products are back on the shelves, after their production and marketing was stopped due to the discovery of parts of a snake, a mouse, a snail and a bird's foot, among others, in the company's beans and peas, which is owned by Tnuva. They will gradually return to the points of sale starting today. Sunfrost controls about 70% of the cash sales in the frozen vegetables category. See that Sunfrost has begun the process of improving quality control and sorting at its factory in Migdal Ha'Emek, but has not yet activated the three optical sorting machines it announced it...

While inflation slowed slightly in August and the consumer price index fell by a higher rate than expected - 0.3% - the housing market is heating up and apartment prices continue to soar. Despite the moderation in the mortgage market and the drop in the number of apartments sold, in the months of June-July, the price of apartments increased by 1.3%, thus registering an annual increase of 17.9% - the highest jump since 2010

Teva pharmaceutical company held a press conference Sunday at its new headquarters in Tel Aviv, where it presented its goals for the coming years, which it provided with the publication of the latest reports. In 2027, Teva expects to reach an operating profitability rate of 30%, a debt-to-EBITDA ratio of 2, a cash-to-earnings ratio of 80%, and to return to growth, after several years of revenue erosion. Carr Schultz, Teva's president and CEO, presented Teva's progress since 2017, when he took office. "In 2017, we set goals. One of them was business optimization. 80 production sites - we...

Israel Railways continues the strategic plan to eliminate road-rail junctions in order to increase the safety of all road users and improve train service. In recent days, a new level separation was opened for vehicular traffic near the construction site, which completely separates the railroad from the road crossing it. In this way, the road-rail intersection was canceled which resulted in damage to the train service due to incidents of trespassing in the area of ​​the intersection which caused train delays. In 1985, a major disaster occurred at the meeting when a bus that got stuck on the...

OPC energy company is promoting the development of a power plant in West Virginia that supplied 1.8 gigawatts, for $3.5 billion. The station is powered by natural gas and incorporates technologies to capture and bury the carbon dioxide emitted by the station. The announcement of the project, which will be carried out through the American subsidiary CPV (70%), was made together with the Chairman of the Energy Committee in the Senate Joe Manchin from West Virginia, and the representative of the Governor of West Virginia. Giora Almogi, CEO of OPC, (-2.07% 4210), said that the establishment of...

A recovery arrangement was signed between the Accountant General and the Israel Post in the amount of NIS 1.7 billion, along with a new collective agreement with the Post's workers' council. As part of it, out of the company's 5,000 employees, approximately 1,050 employees will be laid off in two phases - the first of which will be in December. The financing agreement consists of the sale of real estate of the post office - which has 700 branches throughout the country - to the state. The value of the assets to be sold is estimated at NIS 800 million. The state will also finance the...

The approaching holidays mark not only the massive departure of Israelis abroad, but also the arrival of tourists who return to flood the streets of the cities. However, despite a considerable recovery in the arrival of tourists, the inbound tourism industry reports that they are still not arriving here in the numbers they were before the corona virus - while Israelis are flocking abroad in droves, and the figures are already equaling, and even surpassing, the numbers before the crisis. The number of tourists reaches 60%-70% of their number before the crisis. According to data from the...

On New Year's Eve, the population of Israel is estimated at 9.593 million people. The population will reach about 10 million inhabitants at the end of 2024, and about 15 million inhabitants at the end of 2048 when the State of Israel will celebrate 100 years of existence, and about 20 million inhabitants at the end of 2065. Where will these people live? Well, Israel is not preparing for the expected growth in the coming years. Our politicians focus on the now and not the future. But - "Jerusalem, we have a problem"

A historic record in the number of apartments whose construction began - 72,540 in the 12 months between July 2021 and June this year, 24% higher than the previous 12 months (July 2020-June 2021) in which the construction of approximately 58 thousand apartments began. The number of apartments whose construction began in the period under review is the same as the record recorded in 1995 at a time when hundreds of thousands of immigrants from the Commonwealth of Nations were absorbed into the country. According to the Central Bureau of Statistics, the number of apartments with construction...