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A 12-year-old boy and a 40-year-old man were killed and more than 160 were injured this evening (Sunday) after a grandstand set up in the Carlin Synagogue in Givat Zeev, north of Jerusalem, collapsed during prayers on the eve of Shavuot. According to MDA, 167 wounded were evacuated to hospitals - including five in critical condition and ten in moderate condition. The tribune that collapsed in the synagogue was temporarily erected for Shavuot celebrations. According to the report, hundreds of people were present at the time of the collapse of the grandstand. Helicopters were launched to...

Along with the crisis in high-tech - there is also an exit: in the days when many Israeli high-tech companies are making layoffs and experiencing declines in stock prices and market value, Databand.ai, also Israeli, is being acquired, the acquiring company, IBM, announced today (Wednesday). The companies did not give the amount of the deal, but according to market estimates it is tens of millions of dollars. Databand.ai offers a real-time data monitoring solution that helps organizations fix problems with their data - including errors and failures in data flow, and its poor quality -...

The financial event in Abu Dhabi was attended by members of the Beyond Business business delegation of Bank Hapoalim and the Export Institute, in which leading Israeli businessmen alongside government officials and senior businessmen from the United Arab Emirates. Among the topics discussed in the forum were what are the best ways for Israeli businessmen to seek and make an investment in Abu Dhabi, the benefits of investing in a venture in the union and an overview of the main highlights and future opportunities for trading and investing in financial services

At the International Monetary Fund's annual research conference, Bank of Israel Governor Yaron delivered an optimistic message about the country's economic strength and resilience in the face of ongoing challenges. Governor Yaron asserted that the Israeli economy possesses robust foundations and has historically demonstrated the ability to recover from difficult times. Despite the prevailing skepticism among economists regarding the pace of recovery, Yaron remained confident in a swift return to prosperity

The Corona Cabinet approved on Sunday evening the traffic light layout of national projector Prof. Roni Gamzo. According to the outline, each locality will be subject to other restrictions, depending on the level of local morbidity. How do you determine which red city and which only yellow? How does the ranking affect businesses and cultural venues? And how the prayers will be held on Rosh Hashanah, Yom Kippur and Sukkot. As part of the traffic light program, each local authority will be given a score of 0-10 according to the formula that takes into account the following parameters: number...

The International Monetary Fund has published its half-yearly global economic forecast (October 2020) and it seeks to dispel some optimism compared to the publication in April 2020. Also in relation to Israel, the forecast is less bad, but still - our recession will be severe compared to other developed countries. Precisely in the midst of the second wave of the corona, the fund's economists "softened" the recession forecasts published six months ago, and now the global economic contraction in 2020 is expected to stand at 4.4% (real decline in global GDP) instead of 5.2% when the plague...

Industrial plants in Israel are in trouble. They are short of workers and have great difficulty recruiting skilled workers. According to the Central Bureau of Statistics, Israel's industry lacks 13,700 workers. The problem of shortage of workers in the industry is not new but increased during the Corona. Before the crisis, there was a shortage of 10,000 workers, which increased to almost 14,000. Many of the positions in the industry, at least a quarter of the missing workers, are positions on production lines, near furnaces or in the field of concrete castings. In these positions it is...

The Corona Cabinet has approved the updated traffic light index, according to which studies will be able to resume in cities defined as "bright orange" from next Tuesday. The localities where more studies are open are Gush Etzion, Gan Yavne, Ganei Tikva, Yokneam Illit, Kfar Yona, Mevaseret Zion, Ma'ale Adumim, Nahariya, Pardes Hanna-Karkur, Rehovot and Ramat Gan. They will also be able to reopen their studies in the settlements of Yakir and Peduel in Samaria, Mevo Horon in Mateh Binyamin, and in Sde Nehemia in the Upper Galilee. In Eilat, the municipality announced that the institutions...

The Corona Cabinet approved on Wednesday evening the opening of street shops starting Sunday in all authorities in the country, under a limit of four shoppers in the store. This, with the exception of the red cities where it was decided to impose a closure. Ministers Yuli Edelstein, Meirav Cohen and Amir Peretz voted against the decision. Prime Minister Benjamin Netanyahu first spoke out against the opening of stores at the hearing. "We are falling into the trap of a real and honest lack of evidence of the situation. We are not in a situation where if we release the closure we will not...

The Bank of Israel extends the outline of freezing of bank loan payments received in May due to the Corona crisis. The Supervisor of Banks announced today (Monday) the extension of the possibility of freezing loans, when according to the new outline it will be possible to apply for a freeze for all types of loans such as consumer loans, mortgages or business loans, until the end of October. The significant expansion of the mortgage has been made in the field of mortgages: It has been established that in this area, customers who have already requested a mortgage freeze will be able to...