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Category: Financial
Sad end to the Emilia Cosmetics factory in Yeruham: after it already seemed that they had managed to save the factory - it was decided to close it. The factory currently employs about 80 workers and the management has formulated a conditional agreement with another company operating in the field that may allow workers to find alternative work. The factory said that despite the streamlining measures taken at the factory, the rise in input prices and increased competition with manufacturers from abroad and the move to imports led to the decision
Jun 16, 2022
Category: Capital Market
A new estimate, the second this year, of the Central Bureau of Statistics (CBS) on the Israeli economy, indicates a worsening in the decline in the gross domestic product in the first quarter by 1.9%, compared to the estimate published last month, according to which growth in Israel was only 1.6%. It should be noted that the gross domestic product per capita recorded a more significant decrease of 3.5% due to the increase in the population. Hogg argues that two consecutive quarters of negative growth indicate the beginning of a recession, but at present, there is no data on the second...
Jun 16, 2022
Category: Government
The results of the reading and reading comprehension tests conducted in the current school year among some 90,000 fourth-graders are very worrying. Despite the experience of the Ministry of Education, it is impossible to hold on to the corona crisis and the long closures as an excuse for the dismal situation. The closures hurt students, as did the political upheavals, frequent changes of ministers, the lack of a state budget and the general neglect of the field of education by previous governments. But the findings published today are reminiscent in severity of those obtained in the...
Jun 15, 2022
Category: Health
Against the background of increasing violence against workers and public servants, Histadrut chairman Arnon Bar-David announced that: "If no active and effective steps are taken in the next ten days by government ministries and relevant authorities to eradicate the phenomenon of violence against public servants General in the public sector, and every week I will put more and more sectors into sympathy strikes. From medical staff, public sector workers to public transportation drivers. " Histadrut chairman Bar-David added: "Violence against workers serving the public is a phenomenon that,...
Jun 15, 2022
Category: Banking
The open banking reform takes effect tomorrow For the first time, customers will be able to transfer banking information to innovative technological entities in a kind of "financial ZAP" that will strengthen customers vis-à-vis banks, promote fintech companies' entry into the market and increase competition in the banking system. One of the significant barriers to increasing competition in the banking system in particular and the financial system in general is the monopoly held by financial entities over the financial information of their customers. The Financial Information Service Law,...
Jun 13, 2022
Category: Real Estate
After Finance Minister Avigdor Lieberman claimed yesterday that rental prices had not risen significantly, the Knesset approved the establishment of a committee to examine the rental housing market under the Economics Committee, headed by MK Yevgeny Soba, a Knesset member of Lieberman Yisrael Beiteinu's party. The faction because he did not know at all about the establishment of the committee and not about the appointment of MK Soba. The committee that will be established will also include MK Limor Magen Telem (Yisrael Beiteinu) and MKs Ron Katz (Likud) and Uri Maklev (Torah Judaism)....
Jun 12, 2022
Category: Government
The 118 information and telephone assistance center operated by the Ministry of Welfare, which began operating in 2004, and which is intended to provide information services and initial assistance to the general public, provides the most customer service. According to internal data, calls to the call center last an average of one minute and 22 seconds. "What can be done in almost 90 seconds? Maybe apologize for the lack of help or refer the caller to another source," says Edith Lev of the "Forum for Combating Poverty." The "Rabbis for Human Rights" organization reports similar cases: about...
Jun 11, 2022
Category: Politics
The big party of the gay community: The 23rd Pride Parade in Tel Aviv was launched at noon (Friday) from the gathering stage at Sportek North in the city. More than 80,000 people attended the event. "We are here each and every one of us to celebrate our colorfulness, to demand our right to security in the public space, to show ourselves and our right to full equality of rights in the State of Israel," said Tel Aviv-Yafo Mayor Ron Huldai, who launched the parade with Hila Peer, Yu. R. Partner of the Association for the LGBT. The parade passes through Rokach Boulevard and will reach the show...
Jun 10, 2022
Category: Health
Following the rise in corona morbidity, and after health ministry experts recommended Wednesday return and wear masks indoors and in gatherings, Corona projector Prof. Salman Zarka said today that the rise in morbidity "worries senior Ministry of Health officials". He recommended to "be careful and put on a mask indoors", but clarified that "Israel will not obligate the public to regulations and restrictions. " In an interview with prof. Zarka the project manager referred to the increase in morbidity and said that "we are monitoring it and conducting situation assessments. As the increase...
Jun 9, 2022
Category: Capital Market
Ministry of Finance officials have already estimated that their work on the 2023 budget will probably be in vain, and this evening on Wednesday Finance Minister Avigdor Lieberman confirmed the assessment and announced that budget discussions are frozen at this stage. This is after the coalition suffered another discrimination in the Knesset with the minimum wage law of the opposition, which passed a preliminary reading contrary to the government's position. Lieberman said after his decision: "This is not the right time to bring in a budget, until everything calms down and stabilizes."
Jun 8, 2022
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