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Israel is celebrating it's 72nd Independence Day with a total closure
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Israel is celebrating 72nd Independence Day, which this year has been marked in homes rather than on streets and entertainment venues, because of regulations designed to prevent the spread of the Corona virus. The beacon lighting ceremony on Mount Herzl was held without crowds and without the flagship exchange of IDF troops. As a result of the stringent holiday regulations, the businesses that opened in recent days, as did the supermarkets. The traffic on the roads has been greatly reduced due to the prohibition of traveling between cities. At 17:00, the special regulations for the...

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Apr 28, 2020

 Labor Court will decide whether El Al can withdraw NIS 115 million from its employees' pension fund
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The Bat Yam Labor Court will hold a crucial hearing on Thursday for the airline. The tribunal will have to decide whether El Al can withdraw NIS 115 million from its employees' pension fund, as the company's fund - whose operations are almost completely disabled - is depleted. The amount is needed by God on interim financing until government assistance is granted - a $ 400 million state guarantee loan that has not yet been approved. The Histadrut - contrary to its position in the past and contrary to the position of workers who oppose the appeal - supports El Al's request. A Histadrut...

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Apr 29, 2020

Huge acquisition for Intel in Israel will pay $ 900 million for Moovit with 775 million users
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Another huge acquisition for Intel in Israel: The company signed a deal with Moovit on Monday. The public transport travel app, with 775 million users worldwide, operates in 45 languages, in 3100 cities located in 102 countries. The value of the transaction is estimated at $ 1 billion. In its early years, Moovit focused on free end-user service, but in recent years its business model has expanded. As part of the new model, Mobit offers its various cities and authorities technology as an infrastructure through which they can map and improve their public transport systems.

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May 4, 2020

P.M Netanyahu presented a full exit strategy from the Corona crisis
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Full exit strategy from the crisis: Prime Minister Benjamin Netanyahu says Israel has recorded "great achievement" in the fight against the spread of the Corona virus. During a press conference held in his Jerusalem office, Netanyahu on Monday presented a series of countries where the proportion of patients and the dead is relatively higher than in Israel, noting that "Israel's achievements serve as a model for many countries." At the outset, Netanyahu said: "Our response to the Corona crisis, the global crisis, is unabated. We are not letting go of the effort to overcome the virus that...

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May 4, 2020

43 people have been diagnosed positive for the Corona virus in the past 24 hours - 238 died so far
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43 people have been diagnosed as positive for the Corona virus in the last day. This is according to the Ministry of Health data released on Tuesday evening. This represents an increase of 0.26%. Since Saturday night, only 104 new patients have been diagnosed. It has been over a week that the daily growth rate does not exceed one percent. 5,586 people are now defined as active patients, and 10,465 have recovered. In the last day, there was also a 4% increase in the number of recoverers. 91 of the patients are in a difficult situation - only one patient increase compared to yesterday....

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May 5, 2020

  Malls and Markets eopened with social distance limitations and long lines are seen in most of them
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According to the Central Bureau of Statistics (CBS) data released on March, a 19.1% increase in food chain revenue was recorded. . The sharp rise in food chains has led to an increase of 4.1% in March in all marketing chains. It can be estimated that most of the increase was achieved from the contribution of food and pharmacy chains, since apart from most of these areas, most of the retail activity was disabled with the closure of shopping malls and street shops, following the Ministry of Health's guidelines. A quarterly analysis shows that in January-March, there was an increase of 2.2%...

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May 7, 2020

Finance ministry will increase spending in the face of the Corona crisis by NIS 15.6 billion
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The Treasury has circulated a memorandum of law that will increase spending in the face of the Corona crisis by NIS 15.6 billion. The same extension is intended to fund the grants to encourage NIS 6 billion in employment, which was agreed to be distributed as a result of the retail chains' protest as well as the establishment of a dedicated loan fund for risk-averse businesses that were refused by the banks. The fund will receive a larger state guarantee and will provide NIS 5 billion in loans. According to the Accountant General's Budget Report, NIS 20 billion has been paid to date in the...

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May 8, 2020

 job seekers in the Arab sector increased  from 17.5% in March to 25% in April
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In April, 177,000 new job seekers registered - down 76% compared to March, when the number of new unemployed was 756,000. According to an April report released by the Employment Service on April, an average of 6,200 new jobseekers were registered each day. Of the new jobseekers in April, about 21,000 were laid off (about 12%), compared with about 6% in March. This is due to a 79% reduction in the use of foreign currency. "The Employment Service expects many of the IDF job seekers to be laid off," it said. The number of unemployed reached a record high of 1.15 million in April, which is 28%...

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May 10, 2020

The government approved the opening of public gardens and the use of the fitness facilities there
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The government ministers (Sunday) approved the opening of public gardens throughout the country, as well a availables the use of the amusement and fitness facilities there, but without amusement facilities. The gaming facilities will not open for use. The decision was made by telephone meeting of the ministers. This is a continuation of the exit strategy from the Corona crisis. At the meeting, which was chaired by Foreign Minister Israel Katz, the ministers also confirmed that the isolation obligation in the hotel would be revoked from abroad, and they could now stay in domestic isolation....

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May 10, 2020

Fourth-12th graders will return to school Sunday, May 17th but only for part of the week
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Education and health ministries on Monday concluded an outline for a gradual return to elementary, middle and high school studies. The ministry has concluded that fourth-12th graders will return to school this Sunday, May 17, but only for part of the week and in a limited format. All classes will be divided into separate groups of 20 students. According to the layout, students will not be required to wear a mask, but will keep two meters apart. The teacher will also keep a similar distance from the students, and if he travels between them, they will be required to wear masks. It was...

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May 11, 2020

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