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El Al lost $ 147 million in the third quarter of 2020 - the quarter that usually earns it the most money per year, compared to a profit of $ 27 million in the corresponding quarter in 2019. This huge loss is not even the most amazing thing in the company's recent financial report. Nine months into the corona crisis, as International Air Transport Organization (IAEA) forecasts for corporate losses in 2020 and 2021 become increasingly pessimistic, the company's accountants from BDO Haft still believe there is no need for a provision for even a dollar depreciation, on An aircraft fleet with a...

The Corona Cabinet approved by telephone the outline formulated by the Ministry of Justice for the pilot for the opening of the malls, which is expected to begin tomorrow, Friday. The layout has created legal difficulties, because it initially includes the opening of only 15 malls, and therefore harms the value of equality. To solve the difficulty, the ministry proposed a combined solution, according to which six large malls across the country would be selected by the Malls Association, and another nine would be selected by lottery. Six malls from the two major groups that will be opened...

For the first time since October 21, more than a thousand new infections were diagnosed in Corona yesterday (Wednesday). This is according to data from the Ministry of Health published this morning. More than 60,000 corona tests were performed yesterday and the positive rate is 1.8%. The verified rate without survey tests is 2.2%. 510 corona patients are hospitalized in hospitals across the country, 282 of them in critical condition. 122 patients connected to respirators. The death toll since the outbreak is 2,826. The number of active patients, as defined by the Ministry of Health, also...

The Ministry of Finance's chief economist's examination of the economic situation of the victims of the economic crisis raises concerns that the mortgage repayments of tens of thousands of households who bought an apartment in the past five years and went on unpaid leave exceed half their income. Assuming a fixed and unlinked average interest rate of 3.2% for a repayment period of 30 years, it is obtained that the monthly repayment of households that purchased a first apartment in 2019 and were expelled from the Knesset amounts to NIS 3,900. Was 23% on average, and in the two lowest...

The new corona projector, Prof. Nachman Ash, said tonight (Thursday) that one must prepare for at least another year of dealing with the plague. In a first briefing on the plague situation since taking office he added that "a third closure is definitely on the agenda". The briefing takes place against the background of the increase in the number of people diagnosed in recent days, which stood at more than a thousand yesterday. However, the positive rate remained below 2% and stood at 1.8% yesterday. "I and all the leaders of the struggle in Corona, see the heavy prices you pay and the...

The government approved the compromise proposal that the obligation to prioritize Israeli products in public procurement be expanded. Today there is an obligation to prioritize local produce in the procurement of government ministries amounting to up to 15% of the product price. The manufacturers and representatives of the business sector pushed for the expansion of compulsory procurement to other public bodies as well. On the other hand, the Ministries of Finance and the Competition Authority warned that the proposal could harm Israel's competitiveness and productivity. Prime Minister...

The Employment Service on Monday released data on doubling the number of income support plaintiffs - citizens whose economic situation is particularly difficult - according to which their number has doubled since the outbreak of the corona crisis and the number of claims now stands, towards the end of 2020, at 115,336. The last time the number of income support claimants was so high was in 2013 when 120,000 people received an actual income guarantee. On the eve of the crisis, March 2020, the number of plaintiffs was only 59,000. 18,387 income support claimants and 44,086 unemployment...

Israir announced tonight (Monday) that it has received permission to take off tomorrow for the United Arab Emirates, and to pass through the airspace of Saudi Arabia. An American source said that the issue of flight permits for Israeli airlines in Saudi Arabia to the UAE and Bahrain had been resolved. This, after talks between Jared Kushner, senior adviser to President Donald Trump, and White House envoy Avi Berkovich, with senior officials in Saudi Arabia. During the conversation between the parties, the Saudis clarified what should be the technical mechanism for approving these flights...

The Ministry of Health announced hat 1,227 people have been diagnosed with Corona in the past day - a record of a month and a half of infections per day. This increased the number of verified infections in Israel to 357,207 people. Yesterday, results were obtained for 57,428 tests, with the percentage of positive for the virus being 2.1%. The test data and their results are not final and may change in subsequent updates from the Ministry of Health. "Unfortunately, I expect that in the next week or two we will see the numbers go up, because we are in the adhesion coefficient R above 1,"...

After last week about 4,500 Israelis paid the fines imposed on them for violating the corona regulations in the total amount of NIS 2.4 million, the 100,000 reported reports line was crossed. This is reported by the Center for the Collection of Fines in the Enforcement and Collection Authority. The center reports that in the past week, about 11,000 corona reports were issued to citizens in the amount of about NIS 8 million. In the last month, Israelis were given an average of 11,000 corona fines a week. Since the beginning of the corona crisis, more than 376,000 fines have been distributed