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Category: Government
Representatives of Israel abroad begin voting - for the second time in 5 months: 13 days before Election Day in Israel, and there are those who are already throwing a ballot. Over 5,000 Israeli voters who are abroad due to their work will elect their representatives for the 22nd Knesset. The last time they took part in the democratic process was only last April, so the elections were held for the 21st Knesset. State employees and representatives of national institutions serving abroad may elect to represent the country in which they serve. Among the voters: civil servants (including...
Sep 5, 2019
Category: Financial
Netanyahu insisted, and succeeded: After the permit committee repeatedly rejected his request for funding for his legal protection from his associates, Prime Minister Benjamin Netanyahu received the long-sought approval from the new State Comptroller, Netanyahu Engelman. Englishman approved Netanyahu to take out $ 300,000 loan from Spencer Partridge businessman, "on market terms." In effect, an Englishman bypassed the permit committee next to his office, which refused to allow Netanyahu to receive donations from Partridge and his cousin Nathan Milikowski. The State Comptroller's Office...
Sep 4, 2019
Category: Law
The indictment filed this morning by the Taxation and Economy Prosecutor's Office against the organizer of the acquisition groups Inbal Orr lists a number of tax, VAT, fraud and even fraud cases in which Orr is charged. In the first part of the indictment, the amount of transactions that Inbal Light and its companies did not issue invoices and did not report to the VAT and income tax: NIS 81.3 million was disclosed. In addition, the amount of transactions that Inbal Or as a dealer did not issue invoices for and did not report income tax and VAT: NIS 9 million . The following describes how...
Sep 4, 2019
Category: Capital Market
Direct flights on the Tel Aviv-Shanghai line night be canceled but at the present time the number of destination to China will be reduced. The flights were made by Chinese airline Hainan Airlines, which announced that it was "suspending its flights to Shanghai this winter." At present it is about cancellation of the flights to the winter scheduled between 27.10.19 and 29.03.20. The Shanghai line launched in September 2017 was the second line the company launched between China and Israel, following the launch of the direct flight to Beijing a year earlier. The company also operates direct...
Sep 3, 2019
Category: Communication
Partner and Pelephone appealed a fine imposed on them by the Consumer Protection Authority and will receive back the amount of the fine plus court costs, totaling NIS 968,000 - the Jerusalem Magistrate's Court ruled in an appeal filed by the two companies. This is a monetary sanction imposed on the companies in January 2017, claiming to mislead consumers in various publications where consumers were invited to join them and receive advanced "Generation 4" mobile services, free of charge. The Authority claimed that during the relevant period for publications that began in July 2014, the...
Aug 26, 2019
Category: Government
Kfar Saba and Tel Aviv are the largest cities that lead the most in the satisfaction of their residents. Jerusalem, on the other hand, remains the most indigenous to the city - according to the CBS data from the 2018 Social Survey. Local cleaning. The Social Survey is an ongoing annual survey of living and welfare conditions in Israel, conducted last year and interviewed by some 7,450 people aged 20 and over, representing about 6.5 million people. Among the topics the survey dealt with were switching between cities, commuting (i.e. getting to work and back) and satisfaction with the major...
Aug 25, 2019
Category: Government
In the new cemetery in Lod, seventeen-year-old Rina Schenarb, seventeen of Lod, was arrested this morning in a terror attack near the Dolev settlement in Benjamin. Hundreds accompanied her in her last way Rina Schnarb was hit by a sabotage while traveling with her father and brother near the spring of Danny. The brother, Dvir, nineteen, sustained severe wounds from shrapnel. He was analyzed this afternoon at Hadassah Ein Kerem Hospital in Jerusalem, and was told that his condition was stable and that his life was not in danger. The father of the family, Ethan, is hospitalized and his...
Aug 23, 2019
Category: Capital Market
Israel has transferred more than NIS 2 billion to the Palestinian Authority, following a settlement with the resolving authority part of the crisis over the offsetting law. Recall, since February, the authority has been refusing to take from Israel taxpayers it collects, amounting to NIS 8 billion a year. These are customs duties and other taxes collected from Palestinians, mainly merchants and companies that transport goods through Israel
Aug 22, 2019
Category: Hitech
Intel on Tuesday evening at the Hot Chips Conference in Silicon Valley, USA, unveiled the first artificial intelligence chip developed in Israel. In large data centers (compared to the training phase, and to chipsets for end devices). The new chip is based on 10-inch Ice Lake cores, capable of handling 3,600 images per second, at 10 watts. Hundreds of Intel's development center employees in Haifa and the manufacturing plant in Kiryat Gat participated in the new chip development. The chip will go into production this year, but according to an Intel message, Facebook has "already announced...
Aug 20, 2019
Category: Capital Market
Gross domestic product (GDP) rose by only 1% in the second quarter of 2019, according to the first estimate for the second quarter, published by the Central Bureau of Statistics (CBS). This is a decline in the growth rate of the economy in the quarter, after an increase of 4.7% in the first quarter of the year, and in the fourth quarter of 2018, an increase of 4.2%. This is the first estimate made by the CBS for the second quarter, based on incomplete sources and expected to be updated later - in the estimate that will be published next month and in October. GDP contraction in Israel joins...
Aug 18, 2019
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