Articles

The Corona Cabinet meeting, which will take place on Thursday, will begin with a review and recommendations by Chief of Staff for National Security Meir Ben Shabbat. At night, the headquarters formulated its final recommendations for the cabinet meeting, but it seems that it is going to be the most significant marker of closure and restrictions. "The question is mainly how we are going to close and in what way, not when," a source at National Security headquarters said tonight. "We are debating how breathtaking it will be and what the specific restrictions will be that will be imposed,"...

In the first half of August, the sixth month of the corona crisis, the consumer confidence index rose, referring to the expected change in the economic situation in the country in the coming year. Consumers do not seem to be considering the possibility of another closure this time and a predicted outbreak of the flu pandemic ahead of winter. Data released by the Central Bureau of Statistics (CBS) shows that in the first half of August, the balance sheet relating to the expected change in the economic situation in the coming year rose to 29, compared with 45 in the second half of July and 40...

On Thursday night, Nanox completed the pricing phase of the initial public offering of its shares on Nasdaq. Nanox issued 9.18 million shares at a price of $ 18 per share - which was at the top end of the planned price range for the issue: $ 18-16 per share. Nanox, which raised the shares at a company value of $ 634 million before the IPO and $ 800 million after it, initially planned to issue 4.9 million shares. However, due to large excess demand of $ 1.5 billion, the volume of the offering has almost doubled. Nanox was founded in 2012 by entrepreneur Ran Polyakin, and raised $ 138...

Israel is the 30th country in the world with more than 100,000 people infected with corona: About six months after the first carrier of the virus was identified in Israel, in February, the Ministry of Health updated the epidemic data in the country, which shows that Israel now has 100,716 people infected. Yesterday, 1,496 new infections were diagnosed in Israel, and at midnight, another 889 infections were diagnosed today. Another 11 patients have died since midnight, and the total number of deaths now stands at 809. There are currently 22,122 active patients in Israel, 390 of whom are in...

Bat Yam Mayor Zvika Brut has announced that entry to the city's beaches will be allowed to Bat Yam residents only for fear of infections in the corona due to overcrowding and congestion. The municipality said in a statement that "due to the high density that has been felt in recent weeks on the city's beaches and in particular on the separate beach, which does not allow for the maintenance of social distance rules, the mayor ordered an organized entry of residents from other cities." The municipality noted that on the separate beach, which serves the ultra-Orthodox public, there are...

In tens of thousands of homes in Israel, the joy of the holidays on Rosh Hashanah and Sukkot will be replaced this year by worry and feelings of uncertainty against the background of the economic distress caused by the corona crisis. A dive into the economic data paints a gloomy and sad picture of the situation of a large part of Israelis about a month before Rosh Hashanah. Nearly a million employees and the self-employed have lost their jobs, business owners who lose money even when the store and business are open, and tens of thousands staying in isolation, some of whom are sick in...

A number of companies in the economy have joined the "Women's strike - women and girls are not no man's land" event, which is scheduled to take place the next day (Sunday) at 12:00. This follows demonstrations all ove r the country following the incident in Eilat, in which about 30 men allegedly raped a 16-year-old girl at a hotel. As part of the event of identification with the victims of sexual assault, the resident is currently working. Among the companies that announced that they would participate in the event: Psagot Investment House, which said that "its employees were shocked to...

The Employment Service expects Israel to end 2020 with about half a million unemployed. The labor market will take many years to recover from the corona crisis and the phenomenon of prolonged unemployment is expected to expand. This was stated in a report published on Sunday by the Employment Service. The authors of the report warn of a number of dangers in the current government policy that includes only assisting the unemployed without encouraging their return to the labor market and states that the policy encourages the taking of unemployment benefits. The Employment Service estimates...

Teva is embarking on an extensive cut at the Teva Tech plant in Ramat Hovav. The plant, which produces active ingredients for medicines, employs almost 700 workers, but by nature in the last years of the crisis in the company, its utilization has dropped to only 20%. The main reasons for this are a significant drop in sales of Copaxone, Teva's flagship drug for multiple sclerosis that the plant produces its active ingredients as well as the lack of major launches of generic products. The dismissals agreed with the committee will begin in 18 months, meaning they will take effect in January...

The government will continue to function and the Knesset will not disperse tomorrow at midnight. This is after Prime Minister Benjamin Netanyahu said on Sunday evening that he accepts the compromise proposal to postpone the approval of the state budget by one hundred days. He said, "This compromise proposal is the right answer for Israel at this time. It is time for unity, it is not time for elections." Netanyahu added that "the government must be stopped within the government. I hear on the radio wild attacks on the prime minister out of blue and white, out of the government. I say: enough...