Popular Articles

Soon: The Tax Authority wants to impose VAT on currency conversion fee for credit cards
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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...

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Aug 25, 2022

NASA presents images of wavelengths of light - dates back more than 13 billion years
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U.S. President Joe Biden, pausing from political pressures to bask in the glow of the cosmos, on Monday released the debut photo from NASA's James Webb Space Telescope - an image of a galaxy cluster revealing the most detailed glimpse of the early universe ever seen. Reuters reports that the White House sneak peek of Webb's first high-resolution, full-color image came on the eve of a larger unveiling of photos and spectrographic data that NASA plans to showcase on Tuesday at the Goddard Space Flight Center in suburban Maryland. The $9 billion Webb observatory, the largest and most...

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Jul 11, 2022

 Bank of Israel in it's  annual report: The need to raise tax rates may arise
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The Bank of Israel today publishes the annual report for 2020, which includes an extensive review of the effects of the corona on the economy. The bottom line, the report notes, is that there are considerable differences between sectors in the economy and society. Weaknesses of the socio-economic safety net and gaps between sectors. According to the report, the approval of the state budget for 2021 is essential to set priorities and implement plans to accelerate growth, especially in the areas of human capital and investment in public transport, communications, energy and environmental...

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Mar 31, 2021

Government: launching aid program to promote digitization - Level of technological intensity is low
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The Agency for Small and Medium Businesses in the Ministry of Economy and Industry is launching an aid program to promote digitization and computer systems for businesses in the amount of NIS 18 million; Up to NIS 350,000 for a business that will make investments to advance computing, which will lead to an increase in productivity and improve competitiveness. In order to increase the use of digital tools among businesses, the Small and Medium Business Agency is launching grants of up to NIS 350,000 per business, for the benefit of implementing computer systems and digital tools

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Jun 28, 2023

Israelis  save on expenses considered a necessity but spend on experiential and fun
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Israelis try to save on expenses that are considered a necessity - such as buying food products at the supermarket and paying electricity and water bills - and on the other hand, continue to spend on things they see as experiential and fun, for example going to restaurants and cultural and entertainment shows. The result is a clear slowdown in the increase in spending from June to August (compared to the corresponding period in 2021), compared to the rate of growth from January to May, alongside a significant increase in the portion of spending on entertainment and pleasure in the total...

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Sep 11, 2022

Corona infection rises: 138 Israelis were infected yesterday - Binyamina is defined a red city
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Binyamina is defined today as a red city according to the traffic light plan for the fight against Corona, due to the surge in morbidity in its territory. The definitions in the program have no practical significance since the removal of the restrictions in recent weeks, but they reflect high data on the number of patients in the city, the rate of positive tests and a change in the number verified in the last week. There have been no red settlements in Israel since March 30. Intelligence is defined as yellow today, and the rest of the cities in the country are green. Meanwhile, the upward...

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Jun 24, 2021

Experts of the FDA recommends: Third vaccine dose be given to people 65 and older
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The Committee of Experts on Food and Drug Administration (FDA) last night (Friday) unanimously recommended that the third vaccine be given to people 65 and older and to high-risk groups for serious illness in the United States. This was at the end of a re-vote, after the panel of experts ruled out giving the booster sweepingly to all 16-year-olds and older. In a discussion that lasted about eight hours, the experts raised doubts about the need for a booster for all age groups - and claimed that there is still not enough information indicating the safety of the third dose, especially for...

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Sep 17, 2021

OPC to build a power plant in West Virginia that can bury carbon dioxide emitted by the station
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OPC energy company is promoting the development of a power plant in West Virginia that supplied 1.8 gigawatts, for $3.5 billion. The station is powered by natural gas and incorporates technologies to capture and bury the carbon dioxide emitted by the station. The announcement of the project, which will be carried out through the American subsidiary CPV (70%), was made together with the Chairman of the Energy Committee in the Senate Joe Manchin from West Virginia, and the representative of the Governor of West Virginia. Giora Almogi, CEO of OPC, (-2.07% 4210), said that the establishment of...

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Sep 18, 2022

Corona Cabinet approved an increase in the maximum  occupancy of a street store to 10 shoppers
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In a telephone poll Wednesday, the Corona Cabinet approved an increase in the maximum allowable occupancy of a street store and a store operating in a shopping complex according to the size of the store - so that the number of customers allowed is per person per 7 square meters of store space and no more than 10 people. Will be less than 4 people as approved so far. The Minister of Finance, Israel Katz, welcomed the move and said that "this is an important decision by the Corona Cabinet." He said, "This is a necessary decision in light of the density of queues and the need to facilitate...

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Nov 18, 2020

1.15 million home tests were collected for children aged 3-12 out of the 1.6 million tests assigned
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Nearly 50,000 daycare children in kindergartens and lower grades of elementary schools will return to activity on Wednesday morning after the Sukkot holiday - and tomorrow Thursday the entire education system will return after long weeks of the holiday season. The daycare principals were instructed not to allow the entry of the children who would not present a signed parent declaration of a negative result in the antigen tests, as well as in the schools that would welcome the pupils and pupils tomorrow. Data from the Ministry of Education show that so far 1.15 million home tests have been...

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Sep 28, 2021

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