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Category: Capital Market
The government unanimously approved the allocation of eleven billion shekels tonight, an addition to the budget as part of a compromise proposal adopted to prevent the dissolution of the Knesset and the early elections. NIS 3 billion will be allocated to increase the defense budget. Nine hundred million shekels to increase disability benefits and one hundred and eighty million to raise about thousands of Flashmob members. Budgets will also be allocated for the integration of members of the Ethiopian community in Israel, for dozens of educational programs in state and state religious...
Sep 10, 2020
Corona projector Prof. Gamzo: morbidity rate in Israeli red cities is among the highest in the world
Category: Health
Corona projector Prof. Roni Gamzo said that the morbidity rate in the red cities in Israel is among the highest in the world. According to Gamzo, "There are not many such cities in the world. I have to protect the residents. What we are doing is not pleasant for the residents but it is also protective. It is a means of reducing morbidity." Gamzo referred to the closure of the education system in the red authorities and said that "we know that all over the world it is difficult to open them with such a large morbidity rate. And in Israel the morbidity rate in green cities is also high. So...
Sep 8, 2020
Category: Government
The night curfew planned tonight in about 40 localities defined as "red" due to the high level of morbidity in them will take effect on Tuesday at 19:00, due to a delay in formulating the list of authorities. Yesterday, the Committee of Ministers for Restricted Areas approved a night curfew and transferred the education system to distance learning in red localities, and the ministers were supposed to decide today which localities would be included in the list. Formulation of the list of localities designated for the curfew includes a hearing: The professional teams subordinate to the...
Sep 7, 2020
Category: Hitech
An intriguing exhibit on the aerial shelf - Tiny helicopters without a pilot: IAI's multiplayer system will be presented for the first time in the coming days as an advanced technological technological solution for monitoring, observation, control and cargo transport tasks. Unlike the glider world, which is booming in the use of the IDF and other security bodies, the unmanned helicopters provide a dual advantage that lasts for prolonged stays in the air for several hours in a row and carrying heavier weights
Sep 6, 2020
Category: Law
The rating company S&P announced last night that it had downgraded Teva's credit rating by one level - from BB to BB - which is a rating of junk bonds and 3 levels lower than an investment rating. S&P, which set a stable rating outlook, justified the downgrade by an increase in the legal risk that Teva faces (+ 0.66% 9.19) and its exposure to the payment of substantial sums in lawsuits related to claims of marketing policies that increased the narcotics-opioid epidemic that caused 400 deaths. -2017; Coordinated price and tender affair in the U.S. generic drug market and in the case of...
Sep 5, 2020
Category: Capital Market
The Israeli fintech company Payoneer is expanding, against the background of the leap in the world of global trade, and is recruiting 150 employees in Israel and a similar number in the company's dozens of branches around the world. More than half of the jobs are in the fields of development (software and testing engineers, data and IT people), while the rest are divided into all other positions, from project and product managers, through operations to marketing. "We want to recruit these employees as quickly as possible. This is a program that needs to be put into action at top speed - we...
Sep 4, 2020
Category: Government
The Corona Cabinet decided on Monday towards midnight that studies in the 23 local authorities defined as “red” due to high morbidity figures will not open today. The decision was made unanimously in the cabinet, and is valid until Thursday. Then the ministers will convene again and discuss whether to impose a closure on some of those local authorities. Wherever a closure is imposed there will be no studies. The Ministry of Health has published a list of the 23 authorities, which according to the "traffic light" program of the projector Prof. Roni Gamzo will be subject to many...
Sep 1, 2020
Category: Government
At noon, the Israeli delegation will return from the historic visit to the United Arab Emirates. This morning, discussions will continue on the future cooperation in the fields of economics and society of the two countries. The American representatives, including President Trump's adviser Jared Kushner, will also return to Israel on their way to the United States. Prime Minister Netanyahu has already instructed the head of the delegation, Ben Shabbat, to invite representatives of the United Arab Emirates to visit Israel to continue contacts. A ceremony to implement the agreement will be...
Sep 1, 2020
Category: Government
A general strike in the midst of the corona crisis is approaching. On Sunday, talks between the heads of the Histadrut and the department in charge of salaries at the Ministry of Finance came to a dead end, regarding wage cuts planned by the Ministry of Finance for the public sector. The contacts have reached a dead end and the current situation is that Finance Minister Israel Katz intends to bring the austerity plan to the government's approval on September 13 - and on the same day the Histadrut plans to shut down the economy altogether. Following the explosion of talks, Histadrut chairman...
Aug 30, 2020
Category: Capital Market
The head of the budget department in the Ministry of Finance, Shaul Meridor, announced his resignation on Sunday evening. "In recent months, and even more so in recent weeks, the ability to perform my duties as head of the budget department has become impossible," Meridor wrote to Minister Israel Katz in his resignation letter. "Unfortunately, you do not allow me and many other public servants in the various divisions of the Ministry of Finance and other government ministries to do what we know how to do - formulate, propose, analyze and criticize policy measures that will allow the...
Aug 30, 2020
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