Articles

The Corona crisis has led to a fall in real estate deals for the purchase of residential apartments last April that has crossed all market segments - young couples, investors, and housing enhancers - according to the chief economist's review of the housing sector in April, published Thursday. The total number of transactions was only 2,100 apartments - the lowest level recorded in the domestic real estate market at least since the early 2000s. The last 20 years. The review noted that the unprecedented slump in the number of transactions was recorded against the backdrop of the Corona...

Minister of Economy and Industry, Amir Peretz, formulates a plan that will lead to the establishment of a trust between the Bedouin society in the Negev and the State of Israel. "If we do things right, we can make the next generation part of the Israeli human economy, because otherwise the neglect and deterioration that leads to the separation between Bedouin and Israeli society will continue." Minister Peretz and the office's director, David Lefler, met with the heads of the major authorities, senior representatives of the diaspora accompanied by MK Said Al-Khrumi, and with the Bedouin...

The state-owned apartment rental company and the Israel Land Authority announced this morning that Parshkovsky onstruction company is the winner of a long-term rental project as part of the roof agreement, in a new neighborhood in Lod, which will build on Ben Shemen's land. The complex will include 352 units of which 286 are long-term rental apartments. The Ben Shemen project is the second project of the Parshkovsky Company as part of apartment tenants and is joining a project of 320 housing units currently being built in West Ramla. Lod agreed to the project despite recently announcing...

The volume of construction starts in the 12 months between April 2019 and March 2020 decreased by 2.3% compared to the 12 months preceding the period under review; This is according to the CBS data released Thursday. This is a period whose end was marked by the beginning of the restrictions in the economy due to the spread of the Corona, whose real implications can only be understood in the summary of May-June. During the period examined by the CBS, the construction of approximately 51,000 apartments began, and after 2019 was characterized by a mixed trend and in 2018 there was a 3.2%...

The National Labor Court rejected Friday's state demand to issue restraining orders - announcing that the 10th grade school year is over. Meaning: Upon accepting the Teachers Organization position, the middle school year is over, and kindergarten and elementary students left for the Great Holidays on July 1st. "We do not express any position on the implications of this decision on the obligation of the Teachers' Union to act in accordance with its agreements with the state," the judges wrote. "In the absence of a normative source to require the extension of the school year to the 10th...

The train will return to activity on Monday morning after months of disabling, since the Corona virus erupted. The opening is made possible after the decision of the Corona Cabinet last week, which approved the opening after several rejections. The opening of the train has become imperative, as the economy has returned to activity, traffic jams have increased without a proper public transport alternative, and the need for an effective mobility solution has become critical for the public. The train was run this past week and drafted a plan to run it, under new health ministry restrictions....

950,000 of nearly 4 million participants in the labor market in Israel did not return to work in May due to causes related to the Corona virus (IAA or days off). At the same time, the number of temporary workers absent from work all week among persons aged 15 and over was 797.6 thousand, compared with 1.5 million in April. 684,000 were absent all week due to Corona virus-related causes, up from 1.3 million last month. The number of unemployed persons absent from work for part of the week among persons aged 15 and over was 666.1 thousand (compared with 1.011 million in the previous month)....

New treatment for psoriasis that has been recently approved is being available to Israeli patients. The treatment that utilizes a specific mechanism against the disease has demonstrated significant therapeutic success, even in severe cases. It is now available to patients of all HMOs. SKYRIZI™ - A new treatment for psoriasis that has been recently approved is now being available to treat Israeli psoriasis patients and it has demonstrated therapeutic success, even in severe cases. The treatment has been studied for several years in extensive clinical trials, and currently there are already...

The prime minister was focused this week on one thing that managed to boil over the people of Israel and its voters. He promised in the Knesset that he would receive tax benefits, more correctly say tax refunds. I do not dispute Benjamin Netanyahu's right to exercise his rights vis-à-vis the tax authority. With that, every move also has the issue that makes your move a winning move. Netanyahu is an expert in this field. This is how elections win. But the man is probably in financial obsession, always has been. For some reason he forgot that there are about a million unemployed, many of whom...

The Melnick state of the Israeli Economy Index fell by a cumulative rate of 11.7 percent in the months of ç 2020. Statistical difficulties, due to a break in the data series, and problems estimating the seasonal factors, do not allow the monthly declines of the index to be separated for the months of April and May. According to our estimate, the industrial production index and the revenue in commerce and services, seasonally adjusted, fell in April by 17.6 percent and 17.3 percent correspondingly (see note below). Imports of inputs for domestic production, which is a major component of the...