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The struggle over the cost of living intensifies close to the establishment of a new government in Israel. Binyamin Netanyahu is making efforts to establish his government very quickly, but the marketing chains are not interested in fighting the angry public over the price increase. The question being asked now is whether the marketing chains are boycotting Unilever or is Unilever boycotting the chains? From the beginning of the month, Shufersal, Osher Ed, Bitan Wines, Yohannoff, Half Free, Victory and Rami Levy do not accept products from the European giant company that imports Dove, Sif,...

A recent survey has revealed a significant decline in American support for Israel, with only 46% of adults expressing more sympathy for Israel over the Palestinians when asked, "Who do you sympathize with more?" This marks the lowest level of support Israel has seen in the 25 years the survey has been conducted and follows a similar downward trend seen in 2024, when support was recorded at 51%, tying with 2001 for the lowest ever recorded

Broadcom chipmaker defeated the israeli tax authority: Broadcom District Court received Broadcom's NIS 150 million tax assessment for its Dune acquisition deal. In the judgment, Tax Judge Dr. Samuel Bornstein rejected the tax authority's claim that the Dune acquisition by Broadcom Semiconductors Ltd. was an artificial transaction, and even required the tax authority to pay Broadcom legal fees of NIS 75,000. For Broadcom, this is a "saving" of about NIS 150 million. The original tax authority requirement from the company, from 2009, was about NIS 100 million, and the amount accrued interest

43 employees were killed in work accidents in the first half of 2019 - an increase of 30% over the same period last year, and the highest figure for this period in the last five years. Kav La'Oved, a report published by the Kav LaOved organization, is working to eradicate the scourge of work accidents in general and in the construction industry in particular. The main cause of fatal work accidents is falls from heights - with about 40% of these accidents. The second factor is the fall of heavy objects - with 26% of the fatal accidents, and the third of the injuries to vehicles (18%) most...

The second quarter of 2021 was better than expected: the increase in GDP in the second quarter reached an annual rate of 16.6%, compared to the initial estimate that growth was only 15.4% - the Central Bureau of Statistics announced today. This means that the total GDP reached NIS 360 billion in the second quarter - thus surpassing the data for the fourth quarter of 2019 - the last quarter before the outbreak of the corona crisis. However, had it not been for the crisis, Israeli GDP would still have been higher - and the gap has not yet closed

Since the outbreak of the war, nearly 7,000 foreign workers have left Israel, posing a significant challenge to the country's labor force. According to data collected by the Administration of Foreign Workers at the Population and Immigration Authority, the departure of foreign workers is affecting various sectors of the economy

In a recent communication to its customers, global shipping giant Maersk revealed that it is contemplating a return to sailing in the Red Sea. This potential policy shift follows the company's earlier decision to cease operations in the region due to Houthi attacks. The catalyst for Maersk's reconsideration is the establishment of an international force, announced last week, aimed at countering Houthi threats and ensuring maritime security

In a significant move to bolster its budget for 2024, the Ministry of Finance in Israel is contemplating the cancellation of the longstanding VAT exemption on purchases from abroad. The 17% automatic discount on overseas acquisitions is set to expire soon, marking a potential shift in taxation policy. This decision is part of broader efforts to tighten financial belts and raise taxes, but it has sparked a heated debate among stakeholders

A heated debate took place on Monday in the Knesset's Finance Committee, when the Minister of Finance, Avigdor Lieberman, presented to the committee members "the most social budget ever approved in the Knesset," while the former chairman of the committee, MK Moshe Gafni, claimed that it was "The most anti-social budget that has ever been here." Lieberman emphasized in his remarks that "interest rates should be taken into account. There may be an increase in interest rates and this is a significant event for us." In the first discussion of the presentation of the state budget in the Finance...