Popular Articles
Category: Financial
An end to the saga of a lack of budgets for medical care in hospitals? The Ministry of Finance and the public hospitals announced tonight (Wednesday) that an agreement has been reached according to which all the hospitals together will receive NIS 105 million each month for their operation and for the purchase of urgent equipment and medicines
Jan 27, 2021
Category: Financial
Good news for the pharmaceutical company Teva. Teva's subsidiary in the United States has reached an agreement with the state attorney general of the state of Louisiana, which settles the state's lawsuits dealing with opioids. The agreement is subject to final approval by the state on November 1st. Under the agreement all the counties in the state release Teva from the claims as part of the arrangement. Under the terms of the arrangement, Teva will pay Louisiana $ 15 million over 18 years, and will provide an additional contribution of life-saving drugs, valued at $ 3 million (at retail...
Sep 29, 2021
Category: Health
At the Alon headquarters in the Home Front Command, efforts are being expanded to curb the corona virus, in light of the recent outbreaks of the Delta strain across the country. "The increase in morbidity is abnormal compared to what we expected," says a senior official at the headquarters, "because it is not just in children." He stressed that the headquarters is conducting "aggressive operations", which include sending epidemiological investigations and sampling to each outbreak point, and even increasing the number of investigators by about 500. However, for now there is no intention to...
Jun 28, 2021
Category: Law
The ruling of the Lod District Court Judge, Shmuel Bornstein, may force Teva to pay additional taxes in the hundreds of millions of shekels. Judge Bornstein rejected Teva's appeal (-6.72% 2915) against an order filed by the Jerusalem Assessing Officer regarding the tax years 2008–2011. At the heart of the dispute between Teva and the tax authority was the question of whether Teva's use of tax-exempt profits for the acquisition of Ivax, Barr, Ratiopharm and Cephalon, in the cumulative amount of $ 27 billion (of which $ 18 billion in cash), expires Teva's tax exemption. Under the Capital l...
Oct 27, 2021
Category: Health
A study by the Clalit Research Institute and Harvard University, published tonight (Saturday) in the journal Lancet, shows that the third dose of the vaccine, the booster, reduces hospitalizations by 93%, serious illness by 92% and mortality by 81%. The study was conducted between July 30 and September 23 this year and compared 728,321 Clalit patients who received a third dose of vaccine, and the same number of patients who received only two doses about five months earlier
Oct 30, 2021
Category: Financial
The government price committee recommended on Wednesday evening to raise the price of supervised nurseries by a high amount of NIS 500 per month. Ynet has learned that the ministers of finance and economy will not approve the recommendation: "This is a disproportionate harm to the public of parents." Failure to raise the price may result in at least some nurseries not opening
Aug 3, 2022
Category: Financial
The Corona Cabinet approved by telephone the outline formulated by the Ministry of Justice for the pilot for the opening of the malls, which is expected to begin tomorrow, Friday. The layout has created legal difficulties, because it initially includes the opening of only 15 malls, and therefore harms the value of equality. To solve the difficulty, the ministry proposed a combined solution, according to which six large malls across the country would be selected by the Malls Association, and another nine would be selected by lottery. Six malls from the two major groups that will be opened...
Nov 26, 2020
Category: Capital Market
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...
Nov 26, 2020
Home Front Command: Studies are cancelled until Monday in areas from the south up to the Sharon area
Category: Government
According to the guidelines of the Home Front Command, studies will not be held tomorrow (Thursday) in most parts of the country - from the Gaza Strip to the localities of Gush Dan and the Sharon. Home Front Command guidelines also apply to Friday until the end of the school day. Since schoolchildren go on holiday for weeks, at this stage the studies are expected to resume on Wednesday, after Shavuot has been banned and only if there is an improvement in the security situation. Following the guidelines, about one million students will not attend school by Wednesday. The guidelines also...
May 12, 2021
Government plan: tax cuts for those who earn up to the average wage - compensation for self-employed
Category: Capital Market
Finance Minister Avigdor Lieberman and Prime Minister Naftali Bennett present their new economic plan. At the center of the program are two significant steps: tax cuts for those who earn up to the level of the average wage in Israel and the second step - a new compensation outline for self-employed people who were injured during the Omicron crisis. The cost of the program is estimated by the Treasury at NIS 4 billion in terms of loss of revenue. The core of the plan is, as mentioned, a reduction in taxes on work for those who earn low wages and a reduction in caps. Prime Minister Naftali...
Feb 9, 2022
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