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Category: Capital Market
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...
Oct 4, 2021
Category: Government
Five months after the agreement reached between Channel 10 and Channel 13 regarding the merger, members of the Second Authority Council approved the merger. Eight council members supported the merger, and only the head of the Second Authority, Yulia Shamalov-Berkovitz, objected
Nov 8, 2018
Category: Politics
Shelley Greenspan, who is responsible for Jewish community relations on behalf of the Biden administration, issued a statement on behalf of the White House according to which "the United States is ready to act if an entity hostile to Israel considers trying to incite or expand this war." The announcement detailed the aid, weapons and ammunition that the US recently transferred to Israel, including Iron Dome interceptors, a fighter squadron and two aircraft carriers. About US citizens who live, work and travel in Israel", it was further stated
Oct 14, 2023
Category: Government
Prime Minister Benjamin Netanyahu has approved the Education Ministry’s plan to gradually resume in-person schooling following the Passover holiday, according to an official statement
Apr 7, 2026
Category: Government
In a late-night session between Monday and Tuesday, the government gave the green light to the budget framework for 2023, despite facing opposition from key figures within its own ranks. Notably, Economy Minister Nir Barkat and several members of the original coalition, including prominent figures like Benny Gantz, Hili Trooper, and Gadi Eisenkot, voiced dissent
Nov 28, 2023
Category: Financial
Customs duties on dairy delicacies, yogurts and cheeses up to 5% fat will fall, and imports will become cheaper for importers: Finance Minister Avigdor Lieberman signed an order today (Monday) to abolish tariffs on delicacies, yogurts and thin cheeses, as well as increase import quotas for hard cheeses. The state's tax revenues are expected to shrink as a result of about NIS 10 million. According to the Ministry of Finance: "The order will allow the opening of the market for free import of these products from European countries where the consumer price per kilogram of yogurt is about 8.5...
Dec 6, 2021
Category: Politics
A huge explosion shook the port area of Beirut, Lebanon. The country's health minister told local media that more than 50 people were killed in the blast, at least 3,000 were injured - and many more are still trapped under the rubble. Testimonies from those present at the scene of the explosion, which was felt even in Cyprus, indicate that this is an event of a magnitude that has not been seen for years in Lebanon. Hospitals are collapsing under congestion, and many injured are receiving medical treatment on the streets. "The firefighters who were called to the scene simply disappeared...
Aug 4, 2020
Category: Banking
The Supervisor of Banks has approved an extension and further expansion of the comprehensive outline for deferring payments on bank loans. On May 7, 2020, the Supervisor formulated an outline, adopted by the banking system, that allows customers to defer loan payments in three operating segments: mortgages, consumer credit and business credit. The goal is to continue to assist customers in dealing with the cash flow difficulties following the consequences of the crisis, while managing risk wisely and responsibly, the Supervisor of Banks announced on 13.7.2020 the extension and expansion of...
Sep 29, 2020
Category: Capital Market
In a dramatic move, the influential Business Forum, consisting of 76 senior businessmen, has announced its intention to shut down the Israeli economy in protest against the continuation of controversial coup d'état legislation. The decision, made during a meeting of top economic officials, reflects deep concerns regarding the potential ramifications of the legislation
Jul 17, 2023
Category: Financial
Bank of Israel has unveiled a comprehensive plan aimed at providing financial relief to the public in the wake of ongoing regional conflict. This plan, set to be in effect for at least three months, divides the population into two groups with varying levels of support
Oct 15, 2023
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