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Agriculture — 12
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Politics — 114
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Start Up — 23
 Ministry of Communications: freezing the 5th generation tender will damage the economy
600 Views Details

The Ministry of Communications responded to the administrative petition filed earlier this month by telecommunication companies Cellcom, Golan Telecom and Expon to the District Court in Jerusalem with a request for an interim order and to freeze the procedure for the 5th generation tender. The companies argued that the firm chose to try a new and complex tender method known as a "combinatorial watch auction" that has never been tried in Israel and may violate the principle of equality and competition and lead to absurd results. The state replied that "the Tender Committee chose the tender...

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Dec 29, 2019

CBS: Only 21% stated they felt that they were able to cover their household's monthly expenses
552 Views Details

by Ifi Reporter

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...

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Dec 29, 2019

CBS:  2011-2018, 5,313 startups opened - 45% of them closed before 2018 ended
532 Views Details

by Ifi Reporter

Category: Start Up

The Central Bureau of Statistics published for the second time a report that maps start-ups in Israel according to their fields of activity, survivorship, salary data and number of jobs. Realize the dream and succeed in high-tech. Reality, of course, is less glamorous. The vast majority of startups fail and do not return investors' money. In 2011-2018, 5,313 startups were opened in Israel - 45% of them closed before 2018 ended In the previous report published by the CBS, which presented the 2011-2016 data, the overall closure rate was 37%. For a long time now, the industry is worried that...

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Dec 30, 2019

optimistic note for 2019: The Israeli economy grew by 3.3% slightly higher than forecast
686 Views Details

by Ifi Reporter

Category: Government

The Israeli economy grew by 3.3% in 2019, a slightly higher rate than forecast - the Central Bureau of Statistics published on Tuesday. According to a preliminary estimate for 2019, gross domestic product increased by 3.3% during the year compared to 2018, followed by a 3.4% increase in GDP in 2018 and a 3.6% increase in 2017. The CBS figures also indicate that the government and Social Security deficit stood at 3.54% of GDP in 2019, which is about NIS 50 billion. For example, last year the government deficit reached 3.19% according to the CBS, compared to 2.9% according to the Treasury...

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Dec 31, 2019

poverty in Israel is rising: 1.67 million people are poor at the end of 2019 - 20.4%
607 Views Details

by Ifi Reporter

Category: Government

The National Poverty Report published by the National Insurance Institute shows data on an increase in the poverty rate in Israel in 2018 - among the general population as well as among children and families. The couple employed - rose. For the first time after years in which inequality in Israel was reduced, in 2018 it began to expand. Internationally, the poverty rate among children in Israel remains higher in the OECD - more than in Chile and Mexico - when only in Turkey is the poverty rate among children higher.

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Dec 31, 2019

2020 is revealing itself from continent to continent  - Happy New Year!
614 Views Details

by Ifi Reporter

Category: Politics

Worldwide, the New Year, and the new decade, are receiving huge fireworks and performances. The celebrations that began at noon in the Eastern Hemisphere will reach Israel at midnight. The first countries to receive 2020 were Samoa and Kiribati, Pacific Islander countries, to which the New Year arrived at 12:00 noon. New Zealand, the first major country to be counted back, received the New Year at 1 p.m. Two hours later, 2020 also entered Sydney in Australia, in the midst of huge fires in the area.

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Dec 31, 2019

Shame on you! Prime Minister Netanyahu officially filed his request for immunity
696 Views Details

by Ifi Reporter

Category: Law

Prime Minister Benjamin Netanyahu (Wednesday) officially filed his request for immunity from prosecution just hours before the deadline for filing. In light of the request for immunity, the legal proceedings against Netanyahu are frozen until the Knesset Committee is formed to discuss the request for immunity. It should be noted that contrary to Netanyahu's assertion that the immunity is temporary, he sought substantial immunity from some of the charges against him, which would grant him a permanent exemption from prosecution for them. Netanyahu's Attorneys wrote at the beginning of...

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Jan 1, 2020

"40% of undergraduate students work in a non-conforming job with the study profession they acquired"
708 Views Details

by Ifi Reporter

Category: Banking

According to a study published by the Bank of Israel, 14% of the bachelor's degree holders are more educated than necessary. The Bank of Israel refers to surplus education when a person's formal education is higher than he is required to do his job. The way to check this is by comparing his number of school years to the average school year in that occupation. The study, conducted by Noam Sussman, Idan Lippiner and Dror Rosenfeld of the Bank of Israel's research division, also found that about 40% of undergraduate students work in a non-conforming job with the study profession they...

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Jan 2, 2020

 "East-Med" pipeline agreement signed: allows natural gas exported from Israel and Cyprus to Europe
606 Views Details

by Ifi Reporter

Category: Government

Prime Minister Benjamin Netanyahu took part in a summit in Athens on Thursday with the Greek Prime Minister and Cyprus President, which aims to advance an agreement on laying the gas pipeline between the countries. Netanyahu said at the ceremony that it was "a historic day for Israel because Israel is rapidly becoming an energetic power." During the trilateral summit between Netanyahu, Cyprus President Nikos Anastasiadis, and Greek Prime Minister Kiryakos Mitsotakis - the seventh summit to be held - an "East-Med" gas pipeline agreement was signed to allow natural gas to be exported from...

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Jan 2, 2020

IAI will develop "Dror 1" satellite, designed to meet communications needs for 15 years
719 Views Details

by Ifi Reporter

Category: Hitech

Three years after the explosion of the Amos 6 satellite on the launching line, which was also intended to be used by the Israeli government, the Israeli aerospace industry (IAI) has been awarded a new communications satellite contract. The aerospace industry will develop and build the "Dror 1" satellite, designed to meet the satellite communications needs of the State of Israel for about 15 years. The State of Israel has been purchasing spy satellites from the aerospace industry for three decades, but this is the first time it has also commissioned its own communications satellite to...

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Jan 2, 2020

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