Articles by January, 2023

2023 welcomes Israel with a wave of price increases for products and various services
632 Views Details

by Ifi Reporter

Category: Financial

Today, January 1st, every Israeli citizen will feel a wave of price increases for products and services that has not been seen in years, such as at the beginning of the civil year. Today, the salaries of Knesset members and other senior officials are also expected to increase, at a high rate of up to 15%. The final rate will be determined at the beginning of the month, after the publication of the average wage in the economy in the relevant months. The Public Dress Committee recommended raising the salaries of Knesset members by only 2% and attaching all senior public sector officials to...

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Jan 1, 2023

Israel Postal Company is raisings: packages deliveries within Israel will rise by 25%
1516 Views Details

by Ifi Reporter

Category: Government

The Israel Post is joining the wave of price increases and raising the prices of some services within Israel and Israel abroad: packages within Israel and from Israel abroad, stamps, registered mail and Post 24. Regarding the packages, it was stated that "there is no effect on the costs of shipments that arrive in Israel from shopping sites from abroad - This is about an increase in letter and shipping rates in Israel and Israel abroad." At the same time, the increase in the price of parcel delivery within Israel may increase the price of deliveries within the country of Israeli online...

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Jan 2, 2023

P.M Netanyahu met with finance minister and economy minister to discuss prices surge
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Last night (Monday) a first working meeting was held at the Prime Minister's Office between Benjamin Netanyahu and Minister Bezalel Smotritz. In part, their individual advisors participated, but for an entire hour Netanyahu and Smotrich sat alone and discussed the state of the economy face-to-face and made a first assessment of the situation in relation to the economic measures to be taken in the areas of rising prices in the economy and rising apartment prices. For the first meeting, the senior finance officials were not invited, including CEO Ram Blinkov, head of the budget department...

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Jan 3, 2023

Salesforce joins Kaltura and announced that they are laying off dozens of employees
1186 Views Details

by Ifi Reporter

Category: Law

Salesforce joins Kaltura and both announced that they are laying off dozens of employees. The cloud software giant will lay off about 10% of its workforce worldwide and close several offices, as part of a restructuring plan. Calcalist learned that the layoffs also reached the company's local branch in Israel, which began summoning employees for a hearing. The number of those laid off in Israel is still unclear, but it is estimated that there will be dozens of workers

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Jan 4, 2023

Alert: Israel Government is on rout of canceling the independence of the legal system
439 Views Details

by Ifi Reporter

Category: Financial

First step on the collision course between the Israeli government and the judiciary system - on the way to canceling the reason for reasonableness and enacting the superseding clause by a majority of 61. Justice Minister Yariv Levin (Likud) held a press conference in the Knesset this evening (Wednesday), where he presented the main points of his legal reform. Several key sections of the reform focus on weakening the judiciary and the Supreme Court

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Jan 4, 2023

 Thousands demonstrated  against Netanyahu's legal reform - Judge Barak: String of poison beads
722 Views Details

by Ifi Reporter

Category: Health

Thousands of people demonstrated on Saturday evening in Tel Aviv against the new government led by Benjamin Netanyahu, among other things in protest of the reform of the judicial system that it intends to promote. At 7:00 p.m. they gathered in the Habima Square and from there they marched around the city to the Tel Aviv Museum plaza. "All the opponents of the coup d'état carried out by the criminal government, which threatens to harm all citizens of Israel wherever they are, have gathered," the organizers of the demonstration said

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Jan 7, 2023

Transportation Minister Regev:  On Shabbat only work related to supervision will be carried out
897 Views Details

The new Minister of Transportation, Miri Regev, met earlier today (Sunday) with senior officials of the Ministry of Transportation and Israel Railways to discuss work on the railroads on Saturday. Regev said that on Shabbat only work related to supervision will be carried out, and asked to present additional solutions to reduce work on the track on Shabbat. Last night, those around the minister also claimed that despite the request of the minister of housing and Torah Judaism chairman Yitzhak Goldknopf to stop the works on Shabbat, they will continue.

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Jan 8, 2023

Partner will compensate by NIS 3 million in benefits for a huge glitch in its television broadcasts
1180 Views Details

Partner will compensate with benefits amounting to an additional three million shekels for a huge glitch in its television broadcasts two years ago: Last week, a request was submitted to the District Court in Tel Aviv to approve a settlement agreement and grant validity of a judgment to the settlement agreement, as part of requests to approve class actions filed in 2021 against the company Partner Communications. In the center of the applications submitted through three different law firms, it is claimed that for several days in January 2021, Partner TV's television services were down for...

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Jan 9, 2023

Privatization of Haifa port has finally been completed: State will be enriched by NIS 3 billion
590 Views Details

by Ifi Reporter

Category: Government

The privatization of the Haifa port has finally been completed, which will enrich the state coffers by a little less than NIS 3 billion, and approximately NIS 1 billion to the Haifa Port Company, when the "Adani Gadot" group transferred the payment. Thus came to an end a long and complex process of privatizing the port of Haifa, the first port in the State of Israel. The group, which consists of the company Gadot Mesofim for Chemicals (1985) Ltd. and the Indian company Adani Ports and Special Economic Zone Ltd., owned by the third richest man in the world, Gautam Adani, successfully...

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Jan 10, 2023

Chief economist at the Ministry of Finance: Real estate sales and prices decline
550 Views Details

The investors are disappearing, the apartment buyers are sitting on the fence, the supply of subsidized apartments has decreased, and on the streets you can already feel the drop in prices. This is according to the review of the real estate market in November, published by the chief economist at the Ministry of Finance. The declines in apartment sales and the signs of the approaching crisis in the industry - which began already in the middle of last year - have so far not affected the price indices of the apartments which continued to rise, at least until last September. The main factor...

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Jan 11, 2023

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