Popular Articles
Category: Government
The US House of Representatives this evening (Thursday) approved by a majority of 420 supporters against nine to provide Israel with a total of $ 1 billion in aid for the purpose of equipping interceptors and Iron Dome batteries. The bill will go to a Senate vote and then pass to Biden for approval. The law has won support from all parts of the House - Democrats and Republicans. Of the few opponents, eight were Democrats - most of them progressives known for their opposition to American aid to Israel - and one Republican. Opposing Republican Thomas Massey explained on Twitter: "My 'no to...
Sep 23, 2021
Category: Law
The Consumer Protection Authority imposed a fine of NIS 5,598,720 on Domicar Ltd. (Budget Car Rental) for misleading consumers under aggravating circumstances: concealing a material detail in the transaction. It is alleged that Budget sold 93 vehicles that were used as rental vehicles, which it presented as vehicles that were used as leasing vehicles to 93 different consumers. In addition, the company published 28 cars on the company website and on the Focus website, presenting them as leasing vehicles, while in practice they were used as rental vehicles, and sometimes even as leasing...
Sep 30, 2022
Category: Financial
There is hardly anyone whose snow was not part of his childhood landscape. Even in our adulthood, many of us continued to visit the "For the Kids" brand stores ... and the addicts really did not skip the official stores of the Danish brand when traveling abroad. The first official store of the LEGO brand will open in Tel Aviv and will offer a variety of hundreds of products, including those that can only be found in official Lego stores around the world. The team of so-called "builders" will serve the customers and help with the well-known shopping experience from stores around the world
Jun 28, 2022
Category: Financial
The Bank of Israel, headed by the Governor, Prof. Amir Yaron, announced today (Monday) an increase in the basic interest rate in the economy from 0.1% to 0.35%. In doing so, the predictions were confirmed that the Monetary Committee is expected to raise interest rates for the first time in three and a half years. Some experts even thought that the bank might raise the interest rate to 0.5% at once, but this forecast did not materialize. Following the increase in the basic interest rate, the prime interest rate will also rise this coming Thursday, after the banks are preparing for a change,...
Apr 11, 2022
Category: Hitech
American Snap, the parent company of the social network Snapchat, acquires the Israeli company Voca.ai. The purchase amount of Voca is about $ 70 million, having so far raised only $ 6 million. Its investors include the strategic investment group of American Express, Lool Ventures, Flint Capital and Group11. The company employs about 35 people who will join Snap. Voca was founded in 2017 by Dr. Alan Becker, and Einav Itamar. Its most recent significant acquisition was in 2019, when it invested in the investment fund of the American credit card giant American Express. Mastercard.
Nov 11, 2020
Category: Financial
Dovdban unit soldier Major (res.) Yehuda Gato, 22 years old, from Pardes Hana-Karkur, an operational driver, was killed today (Monday) by an explosive device in the Nur A. Shams refugee camp near Tulkarm. Another fighter was wounded. The tragedy happened during a counter-terrorism operation by the Menashe Brigade, in which shafts were breached and explosives were neutralized. At the time of the explosion, there was a driver and a commander from the Dovdvan unit in the vehicle, the rest of the fighters unloaded before the explosion in favor of an operational foot mission. The Panther...
Jul 1, 2024
Category: Government
Prime Minister Benjamin Netanyahu on Wednesday evening declared that all citizens who leave the house "must wear a mask or scarf," also announced a grant to be given to every family with children and the elderly. In addition, the restriction on traffic to and from Bnei Brak was announced. Treasury officials said they were surprised by the promises of special grants and found out just minutes before the statement. PM Olmert asked Israeli citizens to wear masks at every exit from home, or to cover their faces with cloth, two days after Ynet revealed that the Ministry of Health is expected to...
Apr 1, 2020
Health Minister Edelstein: Change in the Corona tests - they will be done to people without symptoms
Category: Health
Health Minister Yuli Edelstein announced a policy change in the Corona inspections. A statement to the media made it clear that from now on, tests across the country will be expanded even without the detection of symptoms, and not just in schools as has been the case until now. "People without symptoms who have been in close contact with a verified patient at school, people without symptoms who have been in close contact with a verified patient as part of an institutional discussion - protected housing and the like, and at the discretion of the attending physician - I allow any physician...
May 31, 2020
significant slowdown - The average daily volume of credit card use was NIS 848 million, 10% decrease
Category: Financial
The closure continues to deepen the decline in consumption data, according to recent data on the volume of credit card use in the past week published by the Bank of Israel. The data show a significant slowdown in all sectors of the economy. The average daily volume of credit card use was NIS 848 million, a decrease of 10% compared to the pre-crisis period. In the previous week, the average daily use was NIS 1.09 billion (an increase of 11% compared to the pre-crisis period). In examining the various industries, the decrease in expenditure on education and leisure of about 50% in the...
Oct 9, 2020
Category: Government
The Corona Cabinet approved tonight (Tuesday) the operation of all malls from tomorrow, in accordance with the rules of the malls pilot. In addition, all markets and museums will be able to open, depending on the outline formulated for them. Also, in accordance with the opening of trading, it was approved to cancel the exception set during the closure period for operating stores for home maintenance and communication products and computers in the format of "essential stores", and to compare the occupancy conditions with those of other non-essential stores. Meanwhile, the decision to impose...
Dec 8, 2020
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