Member since | May 5, 2016 |

by Ifi Reporter
Category: Law
Legal advisor to the government Gali Beharve-Miara informed Prime Minister Binyamin Netanyahu that he should avoid involvement in initiatives to change the judicial system. According to a letter sent by the consultant, "there is a reasonable fear of a conflict of interest" between Netanyahu's personal affairs, relating to the trial in which he is accused, "and essential components of the initiatives". According to her, Netanyahu should also avoid "giving direct or indirect guidance through other parties when it comes to promoting the initiatives", and according to her, this also applies to...
Feb 2, 2023

by Ifi Reporter
Category: Government
The price of fuel will rise to NIS 7.17 per liter in self-service in February, starting at midnight between Tuesday and Wednesday. This is a jump of 33 shekels per liter compared to its current price, and this is the highest price per liter since July 2022, when it was NIS 8.08 per liter, before the fuel tax was reduced by a whole shekel by the previous government. As of today, the tax reduction on fuel is only 13 cents.
Jan 29, 2023

by Ifi Reporter
Category: Politics
The demonstrations against the legal revolution led by Prime Minister Benjamin Netanyahu and Justice Minister Yariv Levin continued this evening (Saturday) in the shadow of the attacks that took place during Shabbat in Jerusalem. About 40,000 people came to the centers of the demonstrations in Tel Aviv, in Haifa about 13,000 participated in one of the largest demonstrations ever held in the city, and large demonstrations were also held in a number of other cities
Jan 28, 2023

by Ifi Reporter
Category: Government
The founder and CEO of the high-tech company Papaya Global, Einat Gaz, announced this morning (Thursday) that she has decided to take all of the company's money out of Israel following the promotion of the legal reform. "There is no certainty that we can conduct international economic activity from Israel, this is a painful but necessary business step." . According to Gaz: "Following Prime Minister Netanyahu's statements that he is determined to pass reforms that will harm democracy and the economy, we made a business decision at Papaya Global to withdraw all of the company's funds from...
Jan 27, 2023

by Ifi Reporter
Category: Government
At least seven people were murdered and three others were seriously and moderately injured this evening (Friday) in a shooting attack near a synagogue in the Neve Yaakov neighborhood in Jerusalem and in other locations in the area. The MDA initially reported that there were apparently around 10 casualties, and later announced the death of seven of them. This is the deadliest attack since 2011
Jan 27, 2023

by Ifi Reporter
Category: Real Estate
The governor of the Bank of Israel, Prof. Amir Yaron, expressed great concern to Prime Minister Benjamin Netanyahu this evening (Tuesday) after returning from the International Monetary Fund conference in Davos.legal reform The Governor told the Prime Minister that the economic world is following with great concern the developments in Israel, including the legal reform, which may harm various aspects of democracy. The governor joined the warnings against harming the credit rating and keeping international companies away from investing in Israel.
Jan 24, 2023

by Ifi Reporter
Category: Law
The High Court of Justice has ruled that Minister Aryeh Deri cannot serve as a minister in the Israeli government. The verdict in his case was received by a majority of 10 judges from the 11-panel judges of the Supreme Court. The verdict in Deri's case, eight 134 pages, was published at noon. 10 Supreme Court Justices expressed support for Deri's disqualification from serving as minister, including those considered conservatives such as David Mintz and Alex Stein. Another judge, Yosef Elron, was the only one who was in a minority opinion. According to the judges, Deri's appointment as...
Jan 18, 2023

by Ifi Reporter
Category: Capital Market
The Accountant General at the Ministry of Finance, CPA Yali Rotenberg, published the first estimate of the debt-to-GDP ratio for 2022, according to which the public debt-to-GDP ratio for last year decreased by 7.1% and amounted to only 60.9% compared to 68% in 2021. Meaning: this is still At a slightly higher rate than it was before the coronavirus in 2019, but still at the largest-ever decrease in state debt in one year
Jan 18, 2023

by Ifi Reporter
Category: Government
The Knesset committee approved the recommendation of the public committee for determining the salary for Knesset members, according to which the salary of Knesset members should be increased by 5.1%, instead of the automatic update of 12.5% in accordance with the increase in the average salary in the economy
Jan 17, 2023

by Ifi Reporter
Category: Government
The number of people employed in the economy in December 2022 reached 4.25 million - an increase of about 40 thousand jobs compared to November of the same year. Although there was a slight increase in December in the unemployment rate to 4.3%, it was mainly caused by the effect of the increase in the participation rate in the labor market. The data were published today (Monday) by the Central Bureau of Statistics
Jan 17, 2023

by Ifi Reporter
Category: Health
Intel is stopping the construction of the new campus in Haifa, which it announced almost two years ago. According to the company, which in recent months has embarked on a process of cutbacks that has also been reflected in layoffs in Israel, the decision to cancel the establishment of the campus resulted from tests they conducted and according to which the existing offices will be sufficient for employees employed in Haifa. This means that, of course, no new employees will be recruited in the near future. Intel Israel employs about 12,000 people and is the largest private employer in...
Jan 17, 2023

by Ifi Reporter
Category: Hitech
According to the data of the Central Bureau of Statistics (CBS) published on Tuesday, last December there were approximately 141,543 vacancies in the economy - similar to November. But in the high-tech sector the decline continued, when the average in October-December was 11,468 vacancies for engineers, of which 7,282 Software developers - a drop of 8% compared to the September-November average and a drop of about 35% compared to the numbers a year ago which were 16,899 engineers, of which 13,280 were software developers
Jan 17, 2023

by Ifi Reporter
Category: Capital Market
Data published by the Central Bureau of Statistics (CBS) show that the consumer price index for the month of December rose by 0.3% - in line with forecasts. In this way, the inflation in 2022 as a whole stood at 5.3% - a 20-year record in terms of inflation in a calendar year, since in 2002 the annual inflation stood at 6.5% and since then it has been significantly lower than that. In 2008, an inflation rate of 5.3% was recorded in 12 months, but not in a calendar year.
Jan 15, 2023

by Ifi Reporter
Category: Politics
At least 80,000 people came on Saturday evening to the main demonstration in Tel Aviv's Bima Square - the largest so far against the new government of Benjamin Netanyahu. Many of them came to the square with Israeli flags. In the city of Haifa about 2,000 people protested against the planned legal revolution and at the same time about 3,000 people demonstrated in front of the President's House in Jerusalem before marching towards Paris Square. Demonstrators also gathered in Modiin in front of the home of Justice Minister Yariv Levin.
Jan 14, 2023

by Ifi Reporter
Category: Health
In 2021, 1.95 million poor people lived in Israel, including 853.8 thousand children and 212.4 thousand people of retirement age. This is according to the National Insurance data, as part of the annual poverty report published on Thursday morning. The report shows that in Israel every fifth person is defined as poor. This is an increase compared to 2020, when there were 1,877,594 people below the poverty line in Israel, but this increase was mainly caused by the increase in the "poverty line" itself, and this is due to the increase in the standard of living after the first difficult year...
Jan 12, 2023

by Ifi Reporter
Category: Capital Market
The investors are disappearing, the apartment buyers are sitting on the fence, the supply of subsidized apartments has decreased, and on the streets you can already feel the drop in prices. This is according to the review of the real estate market in November, published by the chief economist at the Ministry of Finance. The declines in apartment sales and the signs of the approaching crisis in the industry - which began already in the middle of last year - have so far not affected the price indices of the apartments which continued to rise, at least until last September. The main factor...
Jan 11, 2023

by Ifi Reporter
Category: Capital Market
Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotirch announced this evening (Wed) a series of measures to lower the cost of living. The main steps are in the field of electricity, water, property tax and fuel. According to Netanyahu's announcement, the property tax increase will be frozen for one year. The increase in fuel prices at the beginning of the month will moderate and a reduction of 10 cents per liter of fuel will be recorded. As far as the price of electricity is concerned, there will be an average cut of 70% in the price of electricity, so that instead of an...
Jan 11, 2023

by Ifi Reporter
Category: Capital Market
For the first time since 1987, the government ended a calendar year with a budget surplus, not a deficit. 2022 ended with a surplus of 0.6% of GDP, following the sharp increase in tax revenues - compared to a deficit of 4.4% the previous year
Jan 11, 2023

by Ifi Reporter
Category: Government
The privatization of the Haifa port has finally been completed, which will enrich the state coffers by a little less than NIS 3 billion, and approximately NIS 1 billion to the Haifa Port Company, when the "Adani Gadot" group transferred the payment. Thus came to an end a long and complex process of privatizing the port of Haifa, the first port in the State of Israel. The group, which consists of the company Gadot Mesofim for Chemicals (1985) Ltd. and the Indian company Adani Ports and Special Economic Zone Ltd., owned by the third richest man in the world, Gautam Adani, successfully...
Jan 10, 2023

by Ifi Reporter
Category: Communication
Partner will compensate with benefits amounting to an additional three million shekels for a huge glitch in its television broadcasts two years ago: Last week, a request was submitted to the District Court in Tel Aviv to approve a settlement agreement and grant validity of a judgment to the settlement agreement, as part of requests to approve class actions filed in 2021 against the company Partner Communications. In the center of the applications submitted through three different law firms, it is claimed that for several days in January 2021, Partner TV's television services were down for...
Jan 9, 2023
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