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In recent weeks, the tax authority has approached about 150 self-employed people who have received compensation for losses since the outbreak of the corona crisis - and demanded that they return the money they received. According to a senior PA official, it turns out that dozens of self-employed people demanded the funds based on losses incurred by them this year compared to last year. However, an examination carried out by the Tax Authority revealed that some of them did not receive the grants or were overpaid, as their losses were lower than the conditions eligible for the grant. In a...

The rating agency Moody's published on Wednesday an explanation of Israel's credit rating, after last weekend it postponed its rating decision from October 23 to a later date, thus effectively maintaining an A1 rating. Moody's notes that the main risk to Israel's credit rating is Israel's debt burden, Israel's long-term demographic trends (apparently referring to population growth where employment rates are as low as the ultra-Orthodox and Arabs - etc.) and the ongoing tensions in the Middle East. Against the background of the polarized political system that also threatens fiscal policy,...

The Corona Cabinet has decided Thursday night not to open the street stores until next Sunday, despite the demand of Finance Minister Israel Katz. According to the decision tonight, shortly after midnight, the opening of street shops will be allowed from November 8, on terms to be agreed by the Ministries of Health and Finance. Health Minister Yuli Edelstein, who called for unity decisions, voted against following the deviation from the original outline of relief every two weeks. Following this, clashes broke out between the ministers, just before the vote in the debate that took place in...

After a little over a month and a half at home, about half a million first- and fourth-year students will return to schools this morning (Sunday) - and will join the half-million kindergarten children who have been in the frameworks for the past two weeks. The young students will arrive this morning in classes in groups of 20, and will be required to wear masks throughout the school day and throughout breaks. Returning to schools after a week of uncertainty and publishing changing outlines is accompanied by mixed feelings on the part of parents and teachers: on the one hand the desire to...

The Corona Cabinet approved the increase in fines for violating Corona regulations, in a decision passed almost unanimously - with the exception of Interior Minister Aryeh Deri who objected. The increase in fines is still subject to Knesset approval. In addition, Corona projector Prof. Roni Gamzo warned in the discussion of an alarming drop in the number of tests: "This is an ongoing war. The tests are free, still in a state of unwillingness to go and be tested. in her". According to the proposal approved by the cabinet, the fine for opening an educational institution, holding a wedding,...

The average wage in the economy in August increased significantly relative to the corresponding period last year and the main reason for this is layoffs and expenses for low-wage workers. In August, the average wage reached NIS 11,578, an increase of 7.3% compared to August 2019. CBS) published today (Wednesday). Such a high increase in the average salary in the economy is expected to result in an increase of thousands of shekels in the salaries of ministers, Knesset members and senior officials in the economy, if there is no legislation on the temporary order proposed by Finance Minister...

The Corona Cabinet approved on Wednesday evening the opening of street shops starting Sunday in all authorities in the country, under a limit of four shoppers in the store. This, with the exception of the red cities where it was decided to impose a closure. Ministers Yuli Edelstein, Meirav Cohen and Amir Peretz voted against the decision. Prime Minister Benjamin Netanyahu first spoke out against the opening of stores at the hearing. "We are falling into the trap of a real and honest lack of evidence of the situation. We are not in a situation where if we release the closure we will not...

Teva met profit forecasts for the third quarter of the year, but reported a high write-off following lawsuits. Teva shares declined in pre-trading in New York and the Tel Aviv Stock Exchange, after earlier trading in gains. The Israeli pharma company managed by Kor Schultz concluded the third quarter of 2020 with revenues of $ 4 billion, a decrease of 3% compared to the corresponding quarter last year. Earnings were 58 cents a share. Teva's revenues are lower than analysts' forecasts, which expected the company to have revenues of $ 4.07 billion, but the profit is in line with...

The deficit in the economy continues to worsen against the background of the corona crisis, and stood at 10.1% in October - compared with 9.1% in September. The cumulative deficit in the last 12 months (January-October) stands at NIS 137.1 billion, compared with a deficit of NIS 37.8 billion in the corresponding period last year. According to the Accountant General, a deficit of NIS 20.3 billion was measured in October, compared with NIS 6.7 billion in October last year

Facebook has removed hundreds of Facebook pages and Instagram accounts that were activated from Iran and tried, among other things, to influence public opinion in Israel - the social network announced tonight. Among other things, pages disguised as pillars of the black flag protest against Prime Minister Benjamin Netanyahu were removed. However, these pages only operated for a short time and received minimal exposure. In Facebook's monthly report on the removal of networks that operate phishing accounts (what the company calls "unauthenticated concerted behavior") in October, Facebook...