Popular Articles
Category: Hitech
Communications Minister Yoaz Handel and the head of the national cyber network, Gabi Portnoy, announced in a joint statement to the media, a series of measures that will require communications companies to prepare and implement cyber defense plans that will first include an orderly and unified system that will strengthen defense levels and actively prepare for cyber attacks. The decision was made after a hearing last August in the Ministry of Communications, according to which the licenses of the communications companies will be amended and provisions and a number of milestones will be set...
May 2, 2022
Category: Financial
Teva missed market forecasts for the third quarter. The Israeli pharma company concludes the quarter with revenues of $ 3.8879 billion, a decrease of 2% compared to the corresponding quarter last year - analysts expected revenues of $ 4.03 billion. Revenue was hit mainly by the decline in Copaxone sales in North America, which was partially offset by the growth of the generics and over-the-counter pharmaceutical sector in Europe. Net income was $ 292 million or 26 cents a share, lower than forecast, compared to a loss of $ 4.34 billion or $ 3.97 per share in the same quarter last year -...
Oct 27, 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
Category: Health
The crucial stage in curbing the corona plague is underway: Experts from the US Centers for Disease Control (CDC) have recommended approving Pfizer's childhood vaccines against corona for ages 5-11. Vaccinations for ages 11-5 will begin in the coming days after CDC Director Dr. Rochelle Wolenski confirmed tonight (Tuesday through Wednesday) the experts' decision. U.S. President Joe Biden referred to the CDC decision following Dr. Wolanski's final signing, saying it was "a turning point in the war against the Corona." According to him, the voting will begin in the coming days and will be in...
Nov 2, 2021
Category: Capital Market
The number of job seekers is declining, and is very close to the levels recorded on the eve of the Corona crisis. This is according to the Employment Service report for January 2022 published on Tuesday. According to the report, in January the number of jobseekers active in the employment service was 168.8 thousand, very close to 164 thousand registered in February 2020. In fact, this is the lowest number since The outbreak of the crisis. The data of the Employment Service actually correspond with the Central Bureau of Statistics reports regarding January, according to which in January the...
Feb 22, 2022
Category: Financial
Shikun VeBinui, controlled by Nati Saidoff, continues to expand its activities in the renewable energy market in the United States. Shikun VeBinui acquired 49% of a 400-megawatt energy storage facility under construction north of Los Angeles for NIS 190 million. By the Swiss investment fund Capital Dynamics, which specializes in investing in renewable energy assets. The project was purchased from Strata Solar and is located in the city of Oxnard, located 40 km north of Los Angeles. It was established at a total cost of NIS 750 million, financed in equal parts by equity and bank financing...
May 2, 2021
Category: Capital Market
The number of employed persons in the economy first exceeded that recorded before the corona crisis, reaching 4.01 million. However, the employment rate stands at 59.2% - significantly lower than it was before Corona; This is probably due to the fact that the crisis of unemployment from choice in the economy continues. In addition, the number of job vacancies has broken this record for the seventh month in a row since the beginning of the survey, rising from 138,000 to 143,000. At the same time, the unemployment rate rose slightly, from 7.1% in the first half of October to 7.3% in the...
Nov 15, 2021
Category: Health
After 32 days in which more than 30,000 verified patients were diagnosed each day, Thursday 27,723 positives were diagnosed for Corona. The coefficient of infection continues to decline slowly and stands at 0.76. The dismal figure is that since the beginning of the year, 1,980,823 positives have been diagnosed in Corona in Israel, and for some 182,000 of them this was not the first time they have been infected with the virus. Data from the Ministry of Health show that there has been a further decrease in the number of patients in a difficult and positive situation for Corona. As of noon,...
Feb 11, 2022
Category: Capital Market
An up-to-date forecast published by the Ministry of Economy and Industry predicts an all-time record in Israeli exports in 2021, and may amount to at least $ 135 billion - an increase of 18.5% compared to the volume of exports from Israel in 2020. Last year, exports from Israel totaled $ 114 billion, a decrease of 3% compared to the volume of exports from it in 2019. The forecast is based on Israel's export data for the first three quarters of the year. The Ministry of Economy's Foreign Trade Administration said today that the growing trend in exports, which has been evident since the...
Dec 27, 2021
Category: Health
In the last two weeks, there has been a dramatic increase in the number of deaths as a result of corona complications and the number of patients in critical condition. According to the Ministry of Health, in recent days there have been about 40 deaths from corona every day. These data are not updated on the Ministry of Health website, and these are only updated retrospectively - after death certificates are received and confirmation that the main cause of death is corona and not other diseases. By comparison, at the height of the third wave in January last year, the death toll reached 60
Jan 25, 2022
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