Articles

The Authority for Consumer Protection and Fair Trade announces its intention to issue an administrative order to stop the violation to the three soft drink companies that dominate the category - the Central Company for the Production of Soft Drinks Ltd., Tempo Beverages Ltd., Yapaura-Taburi Ltd. The companies must return the price to its original value immediately As the price increases and cancel the planned price increase

The Election Committee of the Bar Association announced that Adv. Amit Bachar won the elections for the Bar Association's presidency and will be the chairman of the bar. The results of the elections show that Bachar won 73% of the support, while the main contender against him, the former head of the bureau Efi Neve, received 19% of the voters' votes. The results also revealed that Bacher also won the majority in the national council of the bar, which elects the two representatives of the bar in the committee for selecting judges. The voter turnout in the elections was 50.8%, compared to...

The private Israeli space project Berashit may close its flagship program, a probe landing on the moon, in the coming weeks, after its major donors stopped their contributions. This is what the venture's co-founder Kafir Damari said today (Wed) in an interview with Bloomberg. The Israeli non-profit SpaceIL, which is behind the $100 million program, said that the reduced budget jeopardizes the second planned attempt to land a probe on the moon, using the Berashit 2 spacecraft, whose launch was planned for late 2025. "Our donors decided not to continue their contribution after transferring...

Rebellion in Russia. The mercenaries of the "Wagner group", who crossed the border from Ukraine and took over Russian army installations on Saturday, continue to advance towards the Russian capital and cause panic in the country. The head of the "Wagner Group", Yevgeny Prigozhin, announced this morning that he arrived in the southern Rostov district together with 25,000 fighters, with the aim of deposing the heads of the army - Defense Minister Sergei Shoigu and Chief of Staff Valery Gerasimov. "We are ready to die," he said. As part of Prigozhin's rebellion in the Russian army, because of...

Almost half a year: the demonstrations against the legal revolution across the country are entering the 25th week. The leaders of the resistance said on Saturday that they are "increasing their gear towards another round of struggle in the end the coup attempt will be stopped again". The organizers called on the public to take to the streets "in order to send a clear message to the Israeli government that the legislation will not pass." Former Prime Minister Ehud Barak, Attorney Dafna Holtz Lachner, and Dr. Amir Hanifs from the Druze protest will speak at the demonstration in Tel Aviv. The...

The Commissioner for Competition, Attorney Michal Cohen, announced today (Monday) that she has declared Wysotsky as a monopoly in the green tea market and on the liquor market. This means that Vysotsky will be defined by law as a "large supplier", as the term is defined in the Law for the Promotion of Competition in the Food Industry, and from now on All the obligations imposed on large suppliers by virtue of this law regarding the declared products apply to it

The absolute majority of small businesses take advantage of the credit line given to them by the bank. From an inspection conducted by the fintech company Bizzy in the first quarter of 2023, it emerged that 97% of the small businesses took advantage of the credit limit that was given to them, and only 3% did not take advantage of it. The inspection included almost 1,000 bank accounts of about 800 small businesses. The sample data also shows that the effective credit cost increased by 14% during the quarter. Thus, while the cost that the small business pays for the credit line amounted to...

Selina, the hotel operator for a young crowd, goes to war for her future. Only half a year after its IPO, it is laying off workers, curbing expansion, and managing emergency recruitment after only 23 million dollars remained in its coffers as of the end of March. The company announced today that it has begun a period of significant cutbacks that includes the layoff of approximately 350 employees, exiting some of the hotel leases and almost completely stopping the opening of new hotels

The housing cabinet met today (Tuesday) for the first time since the government was formed, and approved a grant program for the purchase of second-hand apartments as part of lotteries and the increase in grants for the purchase of apartments as part of the "discounted apartment" program in the periphery - the two main proposals of the Ministry of Housing and the Israel Land Authority that were announced yesterday