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The use of credit cards abroad will soon be added to the list of products that are becoming more expensive in Israeli life: a six-year dispute between the credit card companies and the tax authority may soon end in a compromise, the consequences of which could make the fees for using credit cards abroad more expensive. In December 2016, the Tax Authority issued an assessment to the credit card companies that mainly deals with the payment of VAT for income from credit card transactions carried out abroad, as well as online purchases on websites abroad. When a customer carries out such...

According to updated data from the Ministry of Health published this morning, no deaths were recorded on Thursday as a result of complications of the corona virus in Israel. This is the first time since June 29, 2020, between the first wave of morbidity and the second wave. A total of 6,346 corona patients died in Israel from the outbreak of the plague. The optimistic figure joins the sharp decline in the number of people in critical condition in hospitals, which this morning stands at 160 compared to more than 1,200 at the height of the third outbreak of the corona plague. In addition,...

132,275 Israelis were diagnosed last week as positive for Corona, 10,354 of them yesterday (Saturday). For comparison, in the week between February 6 and 12, 240,756 positive for the virus were diagnosed in Israel, a decrease of about 45%. If the downward trend continues at a similar pace, it is likely that in the coming days less than 10,000 positive viruses will be diagnosed in Israel in the next few days. At the same time, the coefficient of infection has remained stable over the past three days and stands at 0.67 - indicating a decline in the epidemic. Data from the Ministry of Health...

2,393 corona patients have died in Israel since the beginning of the year - 1,459 of them in January and 934 in February. There are more than 40 deaths every day. It should be emphasized that the data for the month ended yesterday (Sunday) are not final, as late data on deaths are still coming to the Ministry of Health. There is no doubt that the extensive vaccination campaign is the significant factor in the decrease in the number of deaths from corona in Israel. An analysis of data from the Ministry of Health shows that in the first half of last month, an average of 40 patients died...

The US Food and Drug Administration (FDA) is expected to discuss in the coming weeks Pfizer's request to approve the corona vaccine it also developed for children ages 5 to 11. According to the U.S. company, Pfizer's vaccines have been found effective - and the trial in children in this age group has been successful. "I feel a great sense of urgency in allowing the vaccine to be given to children under 12," Dr. Bill Gruber, senior vice president at Pfizer, told the Associated Press. "There is a huge demand from parents to get their children's lives back to normal." Following the...

During the month of October, 25,402 jobseekers with disabilities were registered in the employment service, which constituted 9.1% among all jobseekers in that month. This emerges from a special report published by the Employment Service on the occasion of the International Day for the Rights of Persons with Disabilities, which took place on Friday. Although this is a relatively low rate for the proportion of people with disabilities among the general population since according to the CBS (as of 2020) 12% of those aged 20 and over have a severe functional disability and 29% of those aged...

The Arab and mixed cities continue to lead the list of cities with the highest rates of job seekers even in February. This emerges from data published today (Tuesday) by the Employment Service. Of the ten cities with the highest rate of job seekers in Israel, on the second anniversary of the Corona crisis, six are Arab, one mixed (Acre), and three more from the northern and southern periphery - Dimona, Safed and Tiberias. At the top of the list is Umm al-Fahm, which is the only city with a rate of job seekers higher than 10%, with a rate of 10.1% in February. It was followed by Rahat with...

Ministry of Finance officials have already estimated that their work on the 2023 budget will probably be in vain, and this evening on Wednesday Finance Minister Avigdor Lieberman confirmed the assessment and announced that budget discussions are frozen at this stage. This is after the coalition suffered another discrimination in the Knesset with the minimum wage law of the opposition, which passed a preliminary reading contrary to the government's position. Lieberman said after his decision: "This is not the right time to bring in a budget, until everything calms down and stabilizes."

A recovery in demand for executive jets, maintenance services, and aircraft conversion led to a further increase in IAI's revenues and operating profit in the third quarter of 2021. IAI, which is managed by Boaz Levy, earned $ 28 million in the third quarter of 2021, a decrease of 3% compared to the same quarter in 2020. IAI's revenues grew by 3.5% in the last quarter compared to the same quarter in 2020 and amounted to $ 1.04 billion. The increase in the Company's revenues was due, among other things, to an increase in the revenues of the Military Aircraft Division, which develops and...