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Category: Government
Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz met with representatives of the Independents on Friday afternoon, with the aim of preventing the big rally scheduled for Saturday evening in Rabin Square in Tel Aviv. Despite the compromise attempts, the organizers renewed the required license from the police and it will go as planned. Netanyahu, who presented the "Corona safety net" program on Thursday, spoke with one of the organizers, restaurant representative Roi Cohen, and other representatives who complain about the government's handling of the economic crisis...
Jul 10, 2020
Category: Government
Citizens paid NIS 3.6 billion that they did not have to pay to the tax authorities in the years 2013-2019. This is according to the State Comptroller's report published on Tuesday. The report also states that the Tax Authority did not act to correct the many deficiencies found in the previous report regarding the exercise of public rights in the tax field. The tax they deserve, so they did not use it and paid the state treasury more tax than the law obliges them, and moreover: the tax authority does not have the details of the bank accounts of half a million Israelis at all, who may very...
Oct 19, 2021
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: Government
Prime Minister Benjamin Netanyahu said at the climate summit organized by the US president that "I pledged to reduce carbon dioxide emissions and successfully complete the transition from fossil fuels to renewable energy in Israel by 2050." Netanyahu was introduced by US Energy Minister Jennifer Greenholm. She explained that the leaders speaking on the second day of the conference are those whose countries are leading technological developments or those who are leading in the field of renewable energy production. Netanyahu said in his pre-recorded speech: "I can announce that we have...
Apr 23, 2021
Category: Financial
Iron Source, managed by Tomer Bar-Ze'ev, CEO and co-founder, announced today (Thursday) the acquisition of the mobile advertising company Tapjoy for $ 400 million in cash - and the share of Iron Source jumped by 6%. The deal is expected Close in the fourth quarter of 2021 or the first quarter of 2022. Tapuji is engaged in mobile advertising and monetization (generating revenue from applications). Revenue of $ 81 million in 2021. According to Iron Source, the acquisition will strengthen its platform on several levels: Iron Source customers will be able to increase their revenue by...
Oct 14, 2021
Category: Government
Full exit strategy from the crisis: Prime Minister Benjamin Netanyahu says Israel has recorded "great achievement" in the fight against the spread of the Corona virus. During a press conference held in his Jerusalem office, Netanyahu on Monday presented a series of countries where the proportion of patients and the dead is relatively higher than in Israel, noting that "Israel's achievements serve as a model for many countries." At the outset, Netanyahu said: "Our response to the Corona crisis, the global crisis, is unabated. We are not letting go of the effort to overcome the virus that...
May 4, 2020
Category: Hitech
After eight years of parking, Israel is back on the map with the Nobel Prize - but as in the previous time, this time too it is a "semi-Israeli" win: Prof. Josh Angrist from MIT, an Israeli-American, became the 13th Israeli to win the most prestigious award , Even though he dropped out of his first year as a graduate student at the Hebrew University. The announcement in Stockholm of Prof. Angrist's win joins the winning of 12 other Israelis. So far, the prize is awarded annually to selected personalities for their contribution to science, literature, and humanity as a whole, the author SY...
Oct 11, 2021
Category: Financial
The improvement trend in El Al's results was halted in the third quarter of the year following the outbreak of the Delta strain in July and the rise in the price of jet fuel. El Al lost $ 136 million in the third quarter of 2021 compared to a loss of $ 147 million in the corresponding quarter in 2020, which was the low point in the company's operations. The loss in the last quarter was affected by a $ 43 million provision made by EL AL for the impairment of two Boeing 777 aircraft that are about to go out of service and be sold. El Al's revenues increased by 546% in the third quarter of...
Nov 24, 2021
Category: Government
The government and the student union have agreed on an economic plan for students affected by the corona crisis, amounting to NIS 800 million. The program consists of three main components of assistance - expanding the system of scholarships for students, promoting youth employment and a one-time reduction in the payment of security fees to academic institutions. This is in fact the addition of scholarships and discounts amounting to about 300 million, and the consolidation of budgets for professional training and employment into the program. This assistance is in addition to the NIS 100...
Nov 16, 2020
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
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