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In thousands of homes the joy on Rosh Hashanah will be replaced this year by worry and uncertainty
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In tens of thousands of homes in Israel, the joy of the holidays on Rosh Hashanah and Sukkot will be replaced this year by worry and feelings of uncertainty against the background of the economic distress caused by the corona crisis. A dive into the economic data paints a gloomy and sad picture of the situation of a large part of Israelis about a month before Rosh Hashanah. Nearly a million employees and the self-employed have lost their jobs, business owners who lose money even when the store and business are open, and tens of thousands staying in isolation, some of whom are sick in...

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Aug 22, 2020

The economic damage caused by loss of time in traffic jams is estimated at NIS 20-15 billion
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The draft law of arrangements presented by the Ministry of Finance includes reference to the issue of public transport, which is of critical importance in view of the exacerbating crisis on the roads, but ignores possible solutions. It should be emphasized that this is a draft that is expected to change until it is approved. Although the law includes reference to enforcement on public transport routes and the Treasury recommends paving more such routes, it does not include increasing the frequency of buses traveling on these routes. Also, the law does not include congestion charges - a...

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Jul 8, 2021

 Google buys Israeli BreezoMeter - a climate company engaged in predicting environmental hazards
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The technology giant Google buys the Israeli BreezoMeter. Breezometer is a climate company founded in 2014 and engaged in predicting environmental hazards such as air pollution, pollen and fires. Its technology turns the information into insights and makes them accessible to consumers through apps, smart home devices, vehicles and more. Google has recently started adding air pollution indicators to its products such as the Pixel 6 mobile device and Google Maps and it is possible that it is interested in more comprehensive information than what it receives from its suppliers. Google...

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Sep 21, 2022

6,275 Israelis were diagnosed positive for Corona - 3rd of them  from the education system
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6,275 Israelis were diagnosed as positive for Corona - more than a third of them from the education system - and this is the highest number of verified since February 8. The peak since the beginning of the plague was 10,117, on January 18th. Today, at midnight, 2,942 verified were diagnosed. Excluding surveys and tests for recoverers, the positive rate yesterday was 4.84% - the highest figure since March 6. The peak of the outbreak is 15%, on September 29 last year. Today, at midnight, the rate of positives is slightly higher - 4.89%. A total of 130,000 tests were performed yesterday, the...

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Aug 9, 2021

Bahrain and Israel established diplomatic relations - signed aviation and agriculture agreements
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Bahrain and Israel on Sunday signed an interim agreement to establish diplomatic relations between the two countries. Bahrain Foreign Minister Abed a-Latif a-Ziani, Foreign Ministry Director General Alon Ushpiz and National Security Adviser Meir Ben Shabbat signed the joint declaration establishing diplomatic relations between Israel and Bahrain as well as eight memoranda of understanding in various fields, including visas, aviation, agriculture and investments . "We have signed these agreements because we believe in coexistence and reconciliation," the Bahraini foreign minister said at...

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Oct 18, 2020

Israeli Researcher Elizabeth Tsurkov Freed After 18 Months in Hezbollah Brigades Captivity in Iraq
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After 903 days in captivity, Israeli-Russian academic Elizabeth Tsurkov has been released by the "Hezbollah Brigades" in Iraq, U.S. President Donald Trump announced late Tuesday night. Tsurkov, a doctoral researcher at Princeton University, had been kidnapped in Baghdad in March 2023 and held hostage since

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Sep 9, 2025

Finance ministry estimates: Israel will end 2021 with a deficit of 6.8% and in 2022 with 3.9%
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Israel will end 2021 with a deficit of 6.8%, and 2022 with a deficit of 3.9%. After that, the reduced outline of the deficit will continue until 2026, when it will stand at 1.5%, according to the draft decision of the state budget, which the Ministry of Finance submitted to government members this morning. Towards the approval of the budget: The Ministry of Finance distributed to the government ministers the main points of the state budget, which includes the budget framework and the new deficit ceiling, along with the distribution of the budget according to government ministries and the...

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Jul 30, 2021

More than 5,000 acres of wood have been burned in Jerusalem mountains
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Nearly 100 fires have been burning for more than a day - and National Fire Commissioner Dedi Simchi said that the fire in the Jerusalem mountains is similar in size to the giant fire in Carmel in 2010. "more than 5,000 acres of woods were burned, and a few isolated houses caught fire without any injuries," Simchi updated tonight (Sunday), saying that the fact that there were no casualties is a great achievement. A cigarette box was found in the scene where the fire started, near Moshav Beit Meir, but it is not certain that its owners caused the fire. "I have been saying this for several years

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Aug 16, 2021

 Corona crisis led to a sharp increase in Strauss's sales and revenues in Q1 totaled NIS 2.2 billion
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The Corona crisis led to a sharp increase in Strauss's sales but contributed to erosion of its profitability in the first quarter of 2020. The company earned NIS 171 million in the last quarter - down 0.3% on its corresponding quarter in 2019. The company's management report consolidates - in contrast to accounting rules - Strauss's relative share of the financial results of companies it holds only 50% of its shares, and does not control them like Strauss Frito Lei, which produces savory snacks, Sabra that produces chickpeas and tres Coracoes Brazil's largest coffee company, with Strauss's...

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May 25, 2020

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