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Category: Health
June 1 is a date that will undoubtedly be remembered in the history of the State of Israel's war on the corona virus: in light of the low and stable morbidity along with a successful vaccination campaign, the need for a green label will be eliminated from today (Tuesday). This means that after a year and three months of restrictions, closures and a variety of areas of life that have entered silence - life as we knew it is back. In enclosed spaces there is still a duty of masks, but most of the economy should today move to normal activity, with no occupancy restrictions, no need to display...
May 31, 2021
Category: Capital Market
In March Israel moved for the first time from June to an annual deficit in the state budget that increased in April, since then the trend has been a consistent increase in the deficit. In June, the rate of the deficit in relation to GDP in the last 12 months was already 0.9%, which is NIS 15.4 billion. In June, a deficit of NIS 6.2 billion was recorded compared to a deficit of NIS 1.5 billion in May last year. This is according to the data of the Accountant General at the Treasury published today (Sunday). Since the beginning of the year, there is still a surplus of NIS 6.2 billion, which...
Jul 9, 2023
Category: Health
Israel has signed an agreement with Pfizer to purchase 10 million vaccine doses by the end of 2022 - of which about two million vaccines have already been sent to Israel, "at the expense" of the deal signed today. In addition, Israel and Pfizer have agreed on the existence of an option to purchase millions of other vaccine doses, which will be adapted to variants, if necessary. The deal signed today with Pfizer and the one that will soon be signed with Moderna, includes a 50% lower number of vaccines compared to the original deal presented by the Ministry of Health and the Prime Minister....
Apr 19, 2021
Category: Government
The Minister of Finance, Avigdor Lieberman, and the Minister of Agriculture, Oded Forer, are promoting a plan to reduce tariffs on fruit, vegetables and eggs, with the aim of opening up the market to imports. The egg industry is currently planned and consumer prices are monitored by the state. There are imports of fruits and vegetables, which usually leads to rising prices. Tomatoes occasionally have duty-free imports to balance market prices when they are high. According to farmers, opening the market to duty-free imports will hurt agriculture in Israel - the heads of the regional councils...
Jul 21, 2021
Category: Health
Prime Minister Naftali Bennett outlined his doctrine regarding the nature of the government's treatment of the Corona crisis, in the shadow of the morbidity data published by the Ministry of Health, according to which 9,257 verified people were diagnosed in Corona in the past day, almost 500 in critical condition. He noted that despite the increase in morbidity, the government headed by him would do everything in its power to prevent closure, and even called on the public to continue to be vaccinated. "More difficult days are expected, but I am sure that if we act in accordance with the...
Aug 14, 2021
Category: Government
Israeli and Egyptian energy ministers announced Wednesday the start of natural gas flow from Israel to Egypt. According to the Energy Ministry's announcement, this is an important development that will serve the economic interests of both parties. The Ministry of Energy added that this move would also allow Israel to export some of its natural gas to Europe through Egypt's LNG facilities, promoting Egypt's status as a regional gas hub. It is also a historic landmark for Israeli gas entrepreneurs, who began contacts with Egypt after the Australian Woodside company canceled its intention to...
Jan 15, 2020
Category: Financial
Another Israeli security company is making its way to the flagship index of Ahuzat Beit Rada. The company that develops and manufactures radars, today announced a huge deal in which it merges with a subsidiary of the Italian Leonardo SpA, which deals with industry and security aviation. The subsidiary that will merge with Rada is Leonardo DRS, which deals with the development of military technologies. , So that Rada will become a wholly owned subsidiary of Leonardo DRS. The transaction does not include cash, but is made through an allotment of shares. Hold at 80.5%. The deal is valued at $...
Jun 21, 2022
Category: Financial
The highest unemployment rate in the corona period was recorded among ultra-Orthodox men in most months of the crisis, according to a report by the Labor Market in Israel 2020 published today (Thursday) by the Ministry of Labor and Welfare. The report also shows that women were significantly more affected than men during the three closures. The average unemployment rate in the corona period, from March to December 2020, averaged 16%, more than four times higher than in the pre-crisis period. The rate between closures (July-August 2020) was about 10% and reflects to some extent the economic...
Feb 18, 2021
Category: Hitech
The Innovation Authority's report shows that Israeli high-tech workers, who constitute about 10% of the employees in the economy, are responsible for about sixty percent of the income tax receipts from employees in Israel. According to the report, the high-tech companies are responsible for 43% of Israeli exports and 40% of the value of the companies in the Tel Aviv 35 index of the large companies on the Tel Aviv Stock Exchange. The employees of the R&D centers of the multinational companies in Israel are relatively responsible for tax payments that are six times larger than their share...
Jun 15, 2021
Category: Government
The Corona Commission has ruled that beaches and swimming pools will remain open on weekends. The committee decided to postpone the vote on the opening of the restaurants, apparently in the evening. Voting on the opening of museums, attractions and gyms has been postponed for the rest of the week. At the beginning of the meeting, the chairman of the committee, Yifat Shasha Bitton, referred to the restrictions that the government decided on over the weekend and said that "we are still having a dialogue with the government. We will not vote on what has not yet been agreed. "However, she...
Jul 20, 2020
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