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Category: Law
Israel President Reuven Rivlin decided to convert about four months out of Nochi Dankner's imprisonment, on probation to be added to the probation sentence imposed on him. This decision will allow Dankner to stand before the parole committee soon, rather than face it as it should, in early May. The statement further states that "the decision was made on the basis of Dankner's medical condition these days. These are medical circumstances that were not before the court at sentencing and which, according to medical opinions, were greatly aggravated during his imprisonment and necessitated...
Jan 13, 2020
Category: Capital Market
There was a significant increase in the corona 2020 in the government debt of Israel and in the public debt, which includes the debts of local authorities. Taking out large-scale loans for government spending to fight the virus and aid the economy, caused for the first time in 11 years a significant increase in debt and this increase is expected to continue in 2021. However, it must be said honestly. A debt of 73% is a very impressive rate. We are very far from a real economic crisis. Even if it grows to 80% this year, we are very far from a real economic crisis
Jan 21, 2021
Category: Law
Israeli democracy - disabled. On the night between Wednesday and Thursday, the Knesset plenum approved the law, also known as the "Great Corona Law," which will allow the government to declare restrictions on Corona without waiting for Knesset approval. 48 voted for the law, 35 opposed, and no one abstained. Contrary to the original intention, which would have allowed the government to bypass the Knesset and issue immediately valid orders, the proposal formulated in the Law, Constitution and Justice Committee requires approval of regulations from the relevant Knesset committees, although...
Jul 22, 2020
Category: Financial
15% of those employed in the economy aged 20 and over felt poor during the last five years (2018-2013), and 10% felt the same during 2018. According to data from the Central Bureau of Statistics. These are data collected as part of the CBS Social Survey across the country in 2018, which included interviews with approximately 7,450 people, aged 20 and over, representing about 6.5 million people. The findings indicate that despite the very high satisfaction of most employed persons in Israel - 88 % Said they were satisfied with their work - the proportion of employed people who were also...
Dec 29, 2019
Category: Health
A new treatment for rheumatoid arthritis will enable more patients, including ones with serious conditions, to attain remission. a significant improvement of their health and day to day performance The treatment has been studied on 5,000 patients throughout the world including Israel.The patients who participated in the study reported quick improvement in their pain sensation, physical performance, level of fatigue, ability to work and general quality of life. The treatment has been included in the national health basket services for 2020 and will be available to patients in all the...
Apr 23, 2020
Category: Financial
The Bank of Israel monitors developments in the financial markets, in Israel and in the world, and on policy measures by central banks around the world. This is in light of the spread of corona virus in the world and in Israel. On Saturday, the number of people infected with the virus rose to 25. Last week, the weekly monetary committee * chaired by the Governor. The Research and Markets Division presented the latest developments, updates to growth forecasts around the world, and estimates of potential impacts. The committee discussed, among other things, the steps taken by other central...
Mar 7, 2020
Category: Capital Market
When Avigal Soreq was appointed CEO of El Al in January 2021, he explained that as a Zionist, he felt the need to meet the challenge of rescuing the national airline and was even willing to absorb a dramatic drop in his salary compared to the salary he received as VP of US Delek. 14 months have passed since then and when he submitted his resignation today (Monday), other songs were heard from Whistler. Sorek explained that in recent days he has received an offer to be appointed CEO of a US $ 1.5 billion-traded Delek Street company. To Delek US where he grew up and worked for 10 years,...
Mar 28, 2022
Category: Financial
"Without health there is no economy but without economy there will be no health." This is what the Governor of the Bank of Israel, Professor Amir Yaron, said today at a special press conference he initiated, aimed at presenting a recent snapshot and explaining the policy steps the bank has taken in recent days. "When the crisis ends will depend primarily on the world's ability to overcome the virus. However, it is the right policy that will dictate the rate of crisis exit and determine the size of its vulnerability. Our ultimate goal is to support the economy and society to help the...
Mar 24, 2020
Category: Law
Salesforce joins Kaltura and both announced that they are laying off dozens of employees. The cloud software giant will lay off about 10% of its workforce worldwide and close several offices, as part of a restructuring plan. Calcalist learned that the layoffs also reached the company's local branch in Israel, which began summoning employees for a hearing. The number of those laid off in Israel is still unclear, but it is estimated that there will be dozens of workers
Jan 4, 2023
Category: Real Estate
The average length of a mortgage in Israel has climbed to nearly 27 years over the past three years, according to an analysis of Bank of Israel data by the Mortgage Advisors Association, underscoring the growing difficulty households face in purchasing homes
Jan 19, 2026
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