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Category: Health
According to data from the Ministry of Health from this morning (Monday), in recent days 527,233 Israelis have been diagnosed as positive for Corona and have not yet recovered. 187,867 people are in solitary confinement, many of them students - before changing guidelines. Since the outbreak of the plague, 8,447 patients have died in Israel from the complications of the virus - 11 of them yesterday. On Saturday, 20 corona patients died - the highest daily number in the fifth wave. Since the beginning of the month, 196 corona patients have died in Israel. In the last day, 67,198 positive...
Jan 24, 2022
Category: Government
More than five years after suspicions of corruption in the purchase of submarines from Germany were first revealed, the government will approve on Sunday at its weekly meeting the establishment of a state commission of inquiry into the affair. The committee, chaired by a judge, will be empowered to investigate the decision-making processes of the political echelon in relation to procurement processes and vessel transactions, as well as the involvement of former security officers and senior officials as intermediaries in large security transactions. The proposal, promoted by Defense...
Jan 23, 2022
Category: Capital Market
Israel's public debt soared in 2021, in absolute terms, and crossed the NIS 1 trillion mark. However, in the main index for examining Israel's financial strength, the debt-to-GDP ratio in the economy has improved, and it dropped from 71.7% in 2020 to 70.3%. The Accountant General of the Ministry of Finance, Yahli Rotenberg, published today (Wednesday) the preliminary debt data for 2021. They show that the improvement in the debt-to-GDP ratio was recorded mainly due to the increase in GDP in the economy in 2021, in light of the economic recovery. The published figure was determined by the...
Jan 19, 2022
Category: Health
The labor market is expected to immediately face a fundamental change, whereby thousands of workers will be able to get to their jobs even if they have been infected with the corona virus. This is on the condition that their illness is without symptoms and that they will not meet on their way to the workplace and the factory where they are employed by any other worker while they are there. The innovation, which mainly concerns workers in industry, may in fact eliminate the need for many workers in isolation and help workplaces overcome the absence in recent days of many workers, including...
Jan 18, 2022
Category: Health
The United States warned on Tuesday against traveling to Israel following the spread of the corona there. According to the US Centers for Disease Control and Prevention (CDC), Israel is at the 4th highest level of risk from Corona - and Americans should avoid traveling to it. Along with Israel, 21 other countries were added to the list. The CDC stressed that the recommendation is sweeping for the vaccinated as well - but if it is an important trip, it is better to fly when vaccinated against the virus. The prevailing assessment in Israel is that the coefficient of infection is expected to...
Jan 18, 2022
Category: Health
Health Minister Nitzan Horowitz decided to shorten the isolation to five days with the encouragement of Prime Minister Naftali Bennett. Following the announcement of the shortening of the isolation to five days, some members of the epidemic treatment team of the Ministry of Health sharply criticized the decision. The reason: Contrary to the decision to shorten the isolation to seven days discussed by the team after data was presented and a vote was taken, Minister Horowitz and senior officials of his ministry including Director General of the Ministry of Health Prof. Nachman Ash and Head of...
Jan 17, 2022
Category: Health
Corona's isolation has only recently been shortened from ten days to seven, and is now expected to be further shortened: Health Minister Nitzan Horowitz on Sunday evening ordered his office staff to shorten Corona's isolation shortening from seven to five days, but Prime Minister Naftali Bennett has not yet formulated his position. However, there are growing assessments in the health system that the move will eventually be approved, and final discussions on the issue are expected to take place tomorrow and the day after.
Jan 16, 2022
Category: Capital Market
The state aid scheme for airlines, which are suffering from a loss of revenue due to the omicron, is finally closed. The government approved the Ministry of Finance and Transportation's proposal to provide increased assistance in the amount of $ 85 million to the three airlines: El Al, Israir and Arkia. This is after according to the outline formulated in November, the assistance to the companies was supposed to amount to only $ 41 million - that is, an increase in the assistance by $ 44 million
Jan 16, 2022
Category: Real Estate
The year 2021 culminated in a record mortgage takeover: homebuyers received NIS 116 billion from banks, a sum that skyrocketed demand and apartment prices to unprecedented highs. This is an increase of 149% compared to 2020, which was also a record year in real estate, in which the banks marketed NIS 78.1 billion in mortgages. And a jump of 11% compared to the previous month, November 2021. The total number of new mortgages granted by banks in Israel in November is NIS 10.98 billion, an increase of 2.5% compared to NIS 10.7 billion in October
Jan 11, 2022
Category: Financial
The Competition Authority approved the transaction for the acquisition of control of Partner by the Gabay, Rodev and Phoenix Groups. This removed another obstacle although expected to complete the transaction. Avi Gabay, Shlomo Rodev, Phoenix, Menora and Mori Arkin buy 27% of the communications company Partner from Hong Kong Hutchison for $ 300 million. The group is now waiting for a permit from the Ministry of Communications to complete the move. The estimates in the capital market are that the group will not have difficulty obtaining the permit from the Ministry of Communications and...
Jan 9, 2022
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