Articles

The Dairy Council has filed a petition with the High Court challenging the recent decision made by Finance Minister Bezalel Smotrich to cancel the duty on milk imports for a period of three months. The Council is seeking an injunction against the move or, alternatively, an urgent discussion on the issue of canceling the duty on milk, which would allow for the import of milk into Israel for the first time

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

Stoa, an Israeli-American start-up company specializing in real estate solutions, has recently announced significant reductions in its activities. The company has laid off most of its employees, with only about 20 individuals remaining out of its original workforce of approximately 100 employees. Stoa, which has not hired workers in Israel since the COVID-19 pandemic, is also halting its expansion and development efforts and is exploring offers to sell its assets and operations. The company currently owns hundreds of real estate properties in the United States

In a significant turn of events, sthe Electric Company announced the cancellation of the tender for the purchase of the Eshkol power plant in Ashdod. The tender was a pivotal part of the government's ambitious plan to privatize the electricity sector, but it encountered unforeseen challenges. During the bidding process, one of the bidders, the Dalia Group, put forward an impressive offer of over NIS 12 billion for the power station, surpassing all expectations. However, it was later revealed that the winning bidder was unable to fulfill the terms of the deal, creating an uncertain...

In response to the growing trend of "mortgage recycling" and the challenges customers face when refinancing at the same bank, the Bank of Israel has announced a new regulation aimed at simplifying and expediting the process. This groundbreaking directive, set to take effect next year, seeks to revolutionize the mortgage consulting field and alleviate the frustrations faced by borrowers

In a recent survey conducted by the Organization for Economic Cooperation and Development (OECD), Israel emerged as one of the countries with the highest rate of support for government intervention in dealing with the cost of living crisis. Among the 27 member countries of the OECD, Israel ranked fourth, with a staggering 83% of participants believing that the government should play a role in addressing the rising costs of living

The Knesset's Constitution Committee, chaired by MK Simcha Rothman, approved last night by a majority of nine supporters against seven opponents the text of the law to abolish the reason for reasonableness, ahead of a second and third reading in the Knesset plenum. The discussions in the Constitution Committee lasted many hours, with tens of thousands of votes and countless confrontations. What are the next steps Now, and when is the final approval expected to put the bill into the law book?

Masses of protesters took to the streets across Israel on Thursday evening in dozens of locations as part of a "Night of Resistance" organized by protest leaders. The demonstrations were in response to the proposed legislation being promoted by Prime Minister Benjamin Netanyahu's government, which has sparked widespread opposition and concerns over potential threats to Israeli democracy

Israeli Prime Minister Binyamin Netanyahu was rushed to Sheba Hospital - Tel Hashomer on Sunday night after experiencing a severe health scare. Hila Elroy of News 13 reported that Netanyahu felt unwell and dizzy, prompting him to activate a monitoring device that had been recently placed on him. Contrary to his initial statement, the device did not beep; instead, it was activated by Netanyahu himself, revealing a critical 12-second arrhythmia that put his life in danger

In a highly contentious session at the Israeli Knesset, the controversial "reason for reasonableness" law, proposed by Justice Minister Yariv Levin, has been passed on second and third readings with a majority of 64 Knesset members in favor and no opposition. The law's passage marks a significant milestone in what Levin describes as a "legal revolution" plan