Articles by October, 2023
by Ifi Reporter
Category: Communication
In an urgent response to the impending cessation of insurance coverage by international companies, the Israeli government is set to extend a financial lifeline to El Al and Israel Airlines. The move aims to secure vital insurance against the risks of war, following the recent announcements of international insurers discontinuing their services within seven days
Oct 12, 2023
by Ifi Reporter
Category: Politics
In a stunning turn of events, Minister Galit Distel-Atbarian has tendered her resignation as the head of the Ministry of Information, citing her deep concerns over the misallocation of public funds. Her resignation comes amid a growing controversy within the Israeli government. In her official statement, Minister Distel-Atbarian expressed her unease about the substantial expenses associated with running a government ministry, emphasizing the significance of every shekel for the people of Israel. Her primary grievance revolved around the perceived loss of power and effectiveness of the...
Oct 12, 2023
by Ifi Reporter
Category: Government
Israel government has initiated a relief program to support citizens affected by the war. However, the plan has drawn significant criticism for its limited scope and perceived inefficiency.Starting today, war-affected citizens can submit initial requests for assistance, with grants ranging from NIS 1,000 to NIS 5,000. The Ministry of Finance is expected to develop a comprehensive economic plan, including measures requiring approval from the Knesset's Finance Committee. The estimated cost of this program is approximately two billion shekels
Oct 14, 2023
by Ifi Reporter
Category: Politics
Shelley Greenspan, who is responsible for Jewish community relations on behalf of the Biden administration, issued a statement on behalf of the White House according to which "the United States is ready to act if an entity hostile to Israel considers trying to incite or expand this war." The announcement detailed the aid, weapons and ammunition that the US recently transferred to Israel, including Iron Dome interceptors, a fighter squadron and two aircraft carriers. About US citizens who live, work and travel in Israel", it was further stated
Oct 14, 2023
by Ifi Reporter
Category: Capital Market
In a heartfelt response to the ongoing challenges faced by children and teenagers affected by the recent conflict in Israel, Discount Bank has announced the establishment of the "Keren Or" fund. This dedicated aid fund, established in partnership with a mercantile bank, will provide NIS 50 million to address the complex needs of these young individuals, focusing on physical and emotional healing and community security
Oct 14, 2023
by Ifi Reporter
Category: Government
Home Front Command and the Ministry of Education have jointly announced plans to allow partial educational activities in areas considered low-risk ("yellow" authorities). This decision, effective immediately, is contingent upon the presence of nearby protected spaces
Oct 14, 2023
by Ifi Reporter
Category: Financial
Bank of Israel has unveiled a comprehensive plan aimed at providing financial relief to the public in the wake of ongoing regional conflict. This plan, set to be in effect for at least three months, divides the population into two groups with varying levels of support
Oct 15, 2023
by Ifi Reporter
Category: Capital Market
Israel's consumer price index for September has dropped by 0.1% compared to August, leading to a decrease in the annual inflation rate from 4.1% in August to 3.8%. The unexpected drop in inflation is bolstering expectations that the Bank of Israel will not raise interest rates at its upcoming October meeting, taking into account the slowing inflation and the economic impact of the recent conflict.
Oct 15, 2023
by Ifi Reporter
Category: Law
In response to a petition seeking to compel Israel's largest airline, El Al, to operate flights on Saturdays (Shabbat) during the ongoing war, the Israeli government, including Defense Minister Yoav Galant and Transportation Minister Miri Regev, has issued a joint response. The petition was submitted to the High Court, and the government's response seeks to reject it outright
Oct 17, 2023
by Ifi Reporter
Category: Government
The Ministry of Education has confirmed that starting tomorrow, Wednesday, a gradual return to kindergartens will also be possible in the Gush Dan area, the Shefala, the Dead Sea and the Bekaa, according to the defense instructions of the Home Front Command. At the same time, today the Ministry of Education announced the resumption of classes in after-school and long-day education settings in localities where there is educational activity
Oct 17, 2023
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