Latest Articles
Category: Capital Market
Israel has a budget for next year and 2022. The Knesset approved the Budget Law on second and third reading. Sixty-one MKs supported the budget law and fifty-nine opposed yesterday. Friday's vote for the 2022 budget 59 MK supported and 56 MK opposed. Thus, the possibility of overthrowing the government was avoided due to the failure to transfer the budget on time. Knesset members from the coalition hugged at the end of the vote and some of them were photographed on their mobile phones. This morning, the plenum will continue to vote on the other budget laws: the budget law for the year...
Nov 5, 2021
Category: Law
After last week's devastating attack on Cyberserv's servers and the disclosure of details from the Atref website: A denial of service (DDoS) attack shut down the DNS service of the Israeli company Domain the Net, which is one of the domain name registers (early evening). Domains) The largest in the country for co.il addresses on behalf of the Israeli Internet Association. According to many complaints from the company's customers who also came to us, many sites, estimated by several thousand, began to experience access issues and stopped receiving emails. As far as is known, this is not an...
Nov 4, 2021
Category: Hitech
On Wednesday afternoon, the US Department of Commerce dropped a bombshell: it announced that two Israeli companies, NSO and Kandiro, were blacklisted as entities acting against the national interest of the United States, in light of repression aided by the company in authoritarian countries and against democracies. "Foreign governments have served as a means of repression and silence in authoritarian regimes and as a tool against regime opponents, journalists and exiled activists." The decision means that companies will have to issue a special license to trade in the US, but it will also...
Nov 3, 2021
Category: Capital Market
The Minister of Finance, the Governor of the Bank of Israel, the Chairman of the Histadrut, the Chairman of the Presidents of Employers and Businesses in Israel and the President of the Manufacturers' Association and the Chairman of the Presidents of the Business Sector, agreed on a "package deal" in the economy: Gradually raising the minimum wage to NIS 6,000; Employment flexibility and tools to stimulate the economy; Certainty in labor relations in the public sector. The package deal brings workers in line - the minimum wage will gradually rise to NIS 6,000, which will help reduce gaps...
Nov 3, 2021
Category: Real Estate
The housing market is boiling: According to a survey by the chief economist at the Ministry of Finance, Shira Greenberg, 14.1 thousand apartments were purchased in August alone, the highest level since the historic record in June 2015. This is a 31% increase compared to August last year and an 8% increase compared to last July. It should be noted that the level of transactions in August 2020 was high in itself against the background of a jump in investor purchases, after the purchase tax was lowered at the end of July that year. The survey shows that investors bought about three thousand...
Nov 3, 2021
Category: Health
The crucial stage in curbing the corona plague is underway: Experts from the US Centers for Disease Control (CDC) have recommended approving Pfizer's childhood vaccines against corona for ages 5-11. Vaccinations for ages 11-5 will begin in the coming days after CDC Director Dr. Rochelle Wolenski confirmed tonight (Tuesday through Wednesday) the experts' decision. U.S. President Joe Biden referred to the CDC decision following Dr. Wolanski's final signing, saying it was "a turning point in the war against the Corona." According to him, the voting will begin in the coming days and will be in...
Nov 2, 2021
Fund for Natural Damage Insurance in Agriculture increased compensation by 60% in the past six years
Category: Government
The climate conference is coming to an end and there is no doubt that world leaders have made many statements about improving the state of global pollution and the war on greenhouse gases and other pollutants on the planet. "Climatic events such as heat waves, which were relatively rare, have become the 'norm' in recent years when this year we also witnessed the nights becoming warmer so the damage to crops was greater than before." Data from Kent (the Fund for Natural Damage Insurance in Agriculture) show that in the last six years there has been a 60% increase in compensation for farmers...
Nov 2, 2021
Category: Capital Market
New data released by the Central Bureau of Statistics reveals that the unemployment rate in Israel, by broad definition, fell in the first half of October to 7.1%, compared with 7.9% in the second half of September, when the Tishrei holidays were held. In the last three months since mid-July, the extended unemployment rate has stuck between 7.6% and 8.1%. At the beginning of November, there were "only" another 12,000 unemployment benefit recipients aged 45 and over, with the payment being suspended for about 100,000 in recent days. By the beginning of 2022, the payment of unemployment...
Nov 1, 2021
Category: Government
Between Sunday and Monday, the price of fuel will increase by 23 agorot compared to the previous month and will be a maximum price of NIS 6.62 per liter of unleaded 95-octane gasoline for the consumer at the self-service station. The supplement for full service will be 21 cents per liter. This is an increase of about 24% compared to November last year when the price was NIS 5.34 per liter
Oct 31, 2021
Category: Hitech
The sites that were attacked on Tuesday by the group of hackers affiliated with Iran have not yet returned to work, meanwhile new and worrying details about the hacking of the dating site for the gay homosexual community "Atraf" have been revealed - and the hackers themselves are launching another $ 1 million payment demand. On Sunday afternoon, the telegram group of the hacker group Black Shadow wrote that "so far no one from the Israeli government or Cyberserve has contacted us. Obviously this is not an important issue for them. We know about the concern regarding Atraf's database, and...
Oct 31, 2021
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