Government

Pompeo's visit focused on American fear of Chinese ownership or operation of Israeli infrastructure
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by Ifi Reporter

Category: Government

US Secretary of State Mike Pompeo comes to Israel for about eight hours to discuss Netanyahu with two key issues: Iran and China. Washington is very unhappy with the acquisition of Israeli infrastructure by China. It is about the two ports of Israel in Haifa and Ashdod and that China is the one that will establish Israel's new ports. Alongside these, the US is unhappy with the acquisition of Beijing's Tnuva and Dor Alon Tabor power plant. In statements by Prime Minister Benjamin Netanyahu; Blue and White chairman Benny Gantz; and designated foreign minister Gabi Ashkenazi, after meeting...

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May 13, 2020

After three election campaigns - Israel has a new government - the 35th
486 Views Details

by Ifi Reporter

Category: Government

After three election campaigns - Israel has a new government: The Knesset plenary on Sunday approved a majority of 73 Knesset supporters against 46 opposing the 35th state of Israel led by Prime Minister Benjamin Netanyahu and Alternate Prime Minister Benny Gantz. Broadcasts live declaration of allegiance by new government ministers One by one, the new government ministers came up and declared: "I pledge as a member of the government to maintain allegiance to the State of Israel and its laws, to fulfill my role as a member of government and to comply with the Knesset's decisions

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May 17, 2020

In light of Iranian Cyber attack Chief of Staff Kochavi: will use a variety of tools against enemy
549 Views Details

by Ifi Reporter

Category: Government

Israel is behind a cyber attack on port systems in Iran - the Washington Post reported Tuesday night. According to reports, Israeli officials have shut down the compound computers for days, in response to attempts to penetrate and disrupt water systems in Israel last month. On May 9, a shipment of traffic came to a sudden and unexplained stop at Shahid Rajai port in southern Iran. The computers that regulate the movement of vessels, trucks, and goods collapsed at once, creating large loads on the cruise lanes and roads leading to the complex. The next day, Iranian officials realized that a...

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May 19, 2020

IEC purchased gas abroad  about 50% cheaper than the price of gas purchased in Israel
465 Views Details

by Ifi Reporter

Category: Government

The IEC purchased nine liquefied gas (LNG) cargoes, totaling one billion cubic meters (BCM), about 20% of Israel's annual consumption of gas, already starting to arrive in Israel, the company paid $ 100 million. The parties to the agreement may make price adjustments, which will be expressed on two dates: the first of July 2021, with the possibility of a 25% change in both directions; And the second, in July 2024, of 10%. The purchases, under SPOT contracts, were made at an average cost of $ 3 per unit of heat, which is about 50% lower than the price of gas purchased by the electricity...

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May 23, 2020

The government approved the expansion of the aid plan budget by NIS 14 billion
496 Views Details

by Ifi Reporter

Category: Government

The government approved the expansion of the aid plan budget by NIS 14 billion on Sunday. According to the Treasury's calculations, together with the aid provided by leveraging those budgets, the total aid package is NIS 100 billion, but the actual implementation is much lower, of course. The expansion approved by the government today will allow the NIS 8 billion loan to NIS 14 billion to expand to NIS 8 billion, financing tools for high-tech companies of NIS 2 billion, providing state guarantees for vendor credit worth $ 750 million and more

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May 24, 2020

US pressures Israel: prevent Chinese companies from enabling 5th G cellular technology
715 Views Details

by Ifi Reporter

Category: Government

10 days after US Secretary of State Mike Pompeo warned of winning Chinese Hutchison Group tender for establishment of Sorek 2 Desalination - Joint Committee of Energy and Water Ministry Announces Joint Group of Desalination Company IDE and Bank Leumi in Tender The facility, which is being built near zero from sensitive security facilities, has an output of 200 million cubic meters per year, will be the largest of its kind in the world and increase Israel's desalination capacity by 35%

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May 26, 2020

The government confirmed: swimming pools, restaurants and bars will  be opened
409 Views Details

by Ifi Reporter

Category: Government

The government ministers (Tuesday) confirmed in a telephone poll the cancellation of a series of restrictions created for the Corona period. Tomorrow, swimming pools, tourist attractions and the number of people allowed in confined spaces will be opened. As decided by the Prime Minister's Office, the restaurants, bars and public transport will also be opened. It was stated that "the reliefs have been approved due to the prolonged decline and stabilization in the number of new verified patients every day, in view of the steps taken by the government to prevent the spread of the corona virus

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May 26, 2020

The government is expected to give loans to businesses at risk with a  state guarantee of 60%
418 Views Details

by Ifi Reporter

Category: Government

In the coming days, the Risk Loan Fund is expected to start operating, where a state guarantee of 60% will be given instead of 15% on the total loan portfolio. These are loans to businesses that have so far failed to earn the credit they need to deal with the Corona crisis. The prevailing claim is that the current loan fund - of which NIS 13 billion in loans has already been distributed to small and medium businesses - does not meet the needs of several industries, especially restaurants, cafes and hotels. According to this claim, a 15% state guarantee is not enough to address the banks'...

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Jun 6, 2020

P.M Netanyahu and Finance Minister Katz cancel NIS 1.45 billion in taxes and purchase taxes
495 Views Details

by Ifi Reporter

Category: Government

Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz have decided to permanently cancel NIS 1.45 billion in taxes and purchase taxes on products, in addition to concluding the granting of 35 days of unemployment eligibility for eligible persons. As part of the decision, the tariffs and shopping taxes on the following products are regularly eliminated: Mobile phones - 15%, Footwear - 12%, Apparel and textiles - 6%, Entertainment electronics (TVs, speakers, monitors, converters, projectors, amplifiers, microphones, headphones, smart cards) , Radios and more) - 15% -30%, home...

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Jun 7, 2020

Economy ministry: develop large industrial zones and bring large companies to  the Bedouin society
512 Views Details

by Ifi Reporter

Category: Government

Minister of Economy and Industry, Amir Peretz, formulates a plan that will lead to the establishment of a trust between the Bedouin society in the Negev and the State of Israel. "If we do things right, we can make the next generation part of the Israeli human economy, because otherwise the neglect and deterioration that leads to the separation between Bedouin and Israeli society will continue." Minister Peretz and the office's director, David Lefler, met with the heads of the major authorities, senior representatives of the diaspora accompanied by MK Said Al-Khrumi, and with the Bedouin...

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Jun 12, 2020

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