Articles

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....

Teva, considered for years the "people's stock" and the flagship of the Israeli economy, and has become the most battered house-hold company, has returned to being the largest company in terms of market value. On Sunday, Teva signed a market value of NIS 46.8 billion, up 3.4% during the day. In doing so, the Israeli pharmaceutical company bypassed those who rejected it from the summit - the IFF flavoring giant that began trading in Tel Aviv after merging Frutarom into it

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...

The Ministry of Health announced last Sunday that from midnight to 10:30 pm, another 299 Querna patients were diagnosed in Israel. A total of 23,755 cases of corona virus infection were detected in Israel since the beginning of the epidemic, of which 6,363 are currently active (not including recovering and dying). The death toll rose to one in 318 people, the number of patients in severe condition decreased by two to 39, of which 22 were respiratory. The condition of 60 of the active patients is moderately defined. Yesterday there was another drop in the number of tests and 8,572 -...