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Category: Hitech
The Ministry of Defense and the Aerospace Industries launched the first (second and second) night into space on the Ofek 16. This is an advanced spying satellite of Israel, joining a family of Ofek satellites that have so far been launched into space. The Defense Ministry said that the Mafia Space Agency (the Research, Development and Military Infrastructure Administration) dispatched the satellite at 4am, using a "comet" launcher. The launch of military aircraft into the air, in addition to the ground crews from the central control centers and the Palmachim. Although the launch was...
Jul 5, 2020
Category: Capital Market
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...
Jul 30, 2021
Category: Government
Daylight saving time will end on Sunday morning. Tomorrow Saturday night we will be enjoying for the last time daylight saving time until March next year. The savings for the Israeli economy from operating daylight saving time, which ends tomorrow night, between Saturday and Sunday at two in the morning, are estimated at more than NIS 400 million. If these figures are correct it would be possible to enjoy them all year round. There is room for daylight saving time all year round even in winter. In the summer days from the end of May to the end of October it was possible to move the hands...
Oct 30, 2021
Category: Capital Market
The Ministry of Health has been discussing in recent days the possibility of imposing severe restrictions on the coming Purim, in order to prevent a renewed increase in morbidity, which has been declining significantly in recent days. Meanwhile, many people took advantage of the trade opening yesterday to buy costumes for Purim - and toy stores have long queues ahead of the holiday, which will begin on Thursday evening. At this stage, the Ministry of Health has not yet formulated a decision regarding restrictions on Purim, with one option being to impose a night curfew to prevent...
Feb 21, 2021
Category: Government
The government ministers (Sunday) approved the opening of public gardens throughout the country, as well a availables the use of the amusement and fitness facilities there, but without amusement facilities. The gaming facilities will not open for use. The decision was made by telephone meeting of the ministers. This is a continuation of the exit strategy from the Corona crisis. At the meeting, which was chaired by Foreign Minister Israel Katz, the ministers also confirmed that the isolation obligation in the hotel would be revoked from abroad, and they could now stay in domestic isolation....
May 10, 2020
Category: Health
White House National Security Council spokesman John Kirby sharply criticized Israeli Finance Minister Bezalel Smotrich on Friday evening, following Smotrich’s condemnation of a proposed hostage deal mediated by the United States, Qatar, and Egypt. Kirby accused Smotrich of endangering the lives of Israeli hostages and jeopardizing national security by opposing the deal
Aug 9, 2024
Category: Government
In April, 177,000 new job seekers registered - down 76% compared to March, when the number of new unemployed was 756,000. According to an April report released by the Employment Service on April, an average of 6,200 new jobseekers were registered each day. Of the new jobseekers in April, about 21,000 were laid off (about 12%), compared with about 6% in March. This is due to a 79% reduction in the use of foreign currency. "The Employment Service expects many of the IDF job seekers to be laid off," it said. The number of unemployed reached a record high of 1.15 million in April, which is 28%...
May 10, 2020
Category: Communication
The Ministry of Communication is promoting a move designed to facilitate travel abroad and exempt Israelis from additional payment - and for this purpose last night it distributed information requirements to Israeli cellular companies, in order to get a snapshot of the field of roaming services. If in the past Israelis who flew packages abroad were also offered NIS 50, today most companies offer very high prices - for a package that includes about 1,000 minutes of conversation, 1,000 messages and a surfing package of about 10 GB, about NIS 300. The move by the Ministry of Communications...
Sep 1, 2021
Category: Hitech
South Korea rose to first place in the Bloomberg Innovation Index, after Germany, which was in first place last year, dropped to fourth place. The United States, on the other hand, dropped out of the top 10 after being in ninth place in 2020, while Israel was ranked seventh, down one step from last year. The Asian nation is now in first place in seven of the nine years the index is published. One and ranked second and third respectively. The Bloomberg Index analyzes dozens of criteria using seven equivalent metrics, including research and development spending, manufacturing capacity, and...
Feb 3, 2021
Category: Financial
Chip giant Renesas, a leading Japanese provider of advanced semiconductor solutions, is acquiring Celeno Communications from Raanana, which provides Wi-Fi solutions. Under the agreement, Rensas will purchase Selno in cash, for $ 315 million (approximately $ 35.8 billion), of which $ 45 million will be paid only upon meeting a number of targets in accordance with the final terms of the agreement. The company's CEO and founder, Gilad Rosen, said in a conversation with journalists that the goals set are those that the company can successfully meet
Oct 28, 2021
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