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The Ministry of Finance's chief economist's examination of the economic situation of the victims of the economic crisis raises concerns that the mortgage repayments of tens of thousands of households who bought an apartment in the past five years and went on unpaid leave exceed half their income. Assuming a fixed and unlinked average interest rate of 3.2% for a repayment period of 30 years, it is obtained that the monthly repayment of households that purchased a first apartment in 2019 and were expelled from the Knesset amounts to NIS 3,900. Was 23% on average, and in the two lowest...

Between March-October this year, 2,586 more Israelis died than in these months in 2019. That means this year there are 9% more deceased. This is according to data from the Central Bureau of Statistics, which is published at noon (Thursday). The CBS said that the difference compared to 2019 is mainly in the months of August to October, when 2,207 corona patients died in Israel - 960 of them in October alone. The CBS added that the total mortality rate from the end of March - when the first deaths in Israel were recorded from the corona - until the end of October was 10.4% higher than the...

Enterprise video solutions company Kaltura reports that it has received a purchase offer at a value of $383 million, a 27% premium over the last closing price on Wall Street. The potential buyer is a competitor of Kaltura called Panopto, which already at the beginning of June announced its intention to buy Kaltura. Earlier this month, it already put a concrete offer on the table, but Kaltura for its part only disclosed the contacts now, when the offer was improved, and more importantly - when Panopto's partner in the move, the K1 Foundation, became an interested party in Kaltura and left...

Phoenix Insurance Company ended the second quarter of 2020 with a total profit of NIS 748 million and a total profit of NIS 171 million in the first half, according to the financial report published by the company this morning (Sunday). Tomorrow, Harel Insurance Company will publish its reports, It remains to be seen whether the Phoenix (+ 0.06% 1648) will remain the highest earner in the industry. The source of the increases in the Company's profitability is in the increases in the capital market that were properly utilized by the Company's investment managers, as well as in the increase...

After a little over a month and a half at home, about half a million first- and fourth-year students will return to schools this morning (Sunday) - and will join the half-million kindergarten children who have been in the frameworks for the past two weeks. The young students will arrive this morning in classes in groups of 20, and will be required to wear masks throughout the school day and throughout breaks. Returning to schools after a week of uncertainty and publishing changing outlines is accompanied by mixed feelings on the part of parents and teachers: on the one hand the desire to...

An Israeli cargo ship was attacked in the Persian Gulf, near the UAE port of Fujairah, according to a report in Lebanon. According to the report, this is a ship carrying cars called the "Ray Canopy", which made its way from Kuwait to the Emirates, waving the Bahamas flag. The ship, owned by Israeli businessman Rami Unger, was hit by missile fire - and the damage caused to it is defined as light. Following the injury, she was forced to enter the port area of ​​the UAE and perform damage control. Media close to the Iranian regime reported that the damage to the ship occurred after a 48-hour...

The government is trying to fight the implications of the Corona crisis. it was reported this morning that the Minister of Finance, Israel Katz, and the Minister of Economy and Industry, Amir Peretz, agreed on a plan to encourage investment and employment in the manufacturing and high-tech industries in the amount of NIS 1.1 billion. Manufacturers Association. The program includes budgets to encourage investment, R&D and innovation as well as opening markets with an emphasis on enterprises affected by the crisis and retaining a significant proportion of their workers, a budget for...

After four years of studies in which the Ministry of Education made attempts to reduce parents' payments, subsidize some of them and prevent their increase, on Monday he announced that he was canceling the plan to subsidize parents' payments for all students. As a result, the parents' payments to the schools will increase by NIS 20 per student already in the next academic year and are expected to continue to increase in the years to come

The second wave that comes in the summer days, mass unemployment, business closures and protests, bring with them pessimism about citizens' economic situation in the country, and their economic situation in the household - according to a survey of consumer confidence for the first half of July, published today (Wednesday) by the Central Bureau of Statistics. CBS). Consumer confidence in the economy in the first half of July continues to fall to 28%, while in June it stood at a negative rate of 23%

The new corona projector, Prof. Nachman Ash, said tonight (Thursday) that one must prepare for at least another year of dealing with the plague. In a first briefing on the plague situation since taking office he added that "a third closure is definitely on the agenda". The briefing takes place against the background of the increase in the number of people diagnosed in recent days, which stood at more than a thousand yesterday. However, the positive rate remained below 2% and stood at 1.8% yesterday. "I and all the leaders of the struggle in Corona, see the heavy prices you pay and the...