Articles

The draft law of arrangements presented by the Ministry of Finance includes reference to the issue of public transport, which is of critical importance in view of the exacerbating crisis on the roads, but ignores possible solutions. It should be emphasized that this is a draft that is expected to change until it is approved. Although the law includes reference to enforcement on public transport routes and the Treasury recommends paving more such routes, it does not include increasing the frequency of buses traveling on these routes. Also, the law does not include congestion charges - a...

The recovery in economic activity in Israel continues, according to two indices published today. The first is the Accountant General's announcement that the cumulative deficit in the last 12 months reached the end of June reached 10.1% in relation to GDP, which is NIS 144.6 billion, compared with 10.5% at the end of May. The second figure comes from another division of the Ministry of Finance, the Tax Authority, which reports an increase in imports to Israel, an increase that indicates an increase in private consumption. The Accountant General's announcement in the Treasury also shows...

The Ministry of Health is preparing for the number of passengers leaving and departing from Ben Gurion Airport during the summer months, and for this purpose they made a forecast of the number of corona patients expected to enter the country from different countries - based on flights and morbidity. On 4,037 flights. The morbidity rate estimated by the Ministry of Health is 0.11% - so that in the coming month another 518 new verified people are expected to enter Israel. Segmented by country, Turkey is expected to be the country from which the most patients will arrive - 104. This is when,...

The Ministry of Economy and Industry, in collaboration with the Ministry of Energy and the Innovation Authority, launched the Energy Innovation Community in Israel. The innovation community is expected to build an engine of economic growth in a market valued at $ 1 trillion a year David Lefler, Director General of the Ministry of Economy and Industry, in front of hundreds at the conference: "The technologies in Israel exist and are excellent. The problem is in the application and assimilation of the technologies in the Israeli market and in the Israeli reality. Only cooperation between the...

According to data from the Bank of Israel, in June the public borrowed NIS 11.588 billion. This is a jump of about 93% compared to June last year, when only last month (May) broke an all-time record when mortgages were taken out in the amount of NIS 9.47 billion. Since the beginning of the year, the public has taken out mortgages amounting to NIS 51.7 billion, and assuming that mortgages continue at a similar rate, the public will take out mortgages worth more than NIS 100 billion this year, with an all-time high of more than NIS 78 billion broken last year. . The average annual...

The corona cabinet approved to immediately shorten the duration of isolation to one week, subject to two negative corona tests. This is instead of two weeks of isolation without testing or ten days subject to negative testing. Those who improve the insulation are expected to be fined NIS 5,000. The cabinet is now discussing further restrictions, including a "softened" green label that would require people who are not vaccinated or recovering to present a negative corona test at the entrance to enclosed spaces where there are more than 100 people. Prime Minister Naftali Bennett said after...

The Minister of Finance, Avigdor Lieberman, rejected the harsh criticism leveled at him for his decision to introduce a criterion of exhausting earning capacity to subsidize day care centers as early as September - a move that will lead to the cessation of subsidies for 18,000 ultra-Orthodox families. "We did not invent the wheel," Lieberman told reporters at a special briefing with senior officials of his office ahead of the 2022-2021 budget. "I heard all the cries of the robbed Cossack. But we have done it twice already. Former Prime Minister Benjamin Netanyahu also did it in 2003 and in...

Prime Minister Naftali Bennett today (Sunday) instructed to increase enforcement of corona restrictions. In a conference he convened, the prime minister ordered the filing of criminal indictments against patients who violate isolation, the definition of events - with an emphasis on marriages - as a priority for enforcement and the regulation of legal approvals for the use of technological means to monitor isolates

An investigation by a global media consortium based on leaked targeting data provides further evidence that military-grade malware from Israel-based NSO Group, the world’s most infamous hacker-for-hire outfit, is being used to spy on journalists, human rights activists and political dissidents. From a list of more than 50,000 cellphone numbers obtained by the Paris-based journalism nonprofit Forbidden Stories and the human rights group Amnesty International and shared with 16 news organizations, journalists were able to identify more than 1,000 individuals in 50 countries who were...

A slight and disappointing decline was recorded in unemployment in June, despite the end of the unemployment benefit extensions at the end of that month. The unemployment rate according to the CBS 'extended calculation fell from 9.8% in May to 9% in June, a decrease of only 25,000 unemployed. The unemployment rate according to the limited calculation used by the Treasury has dropped from 6.8% to 6.6% and in only 5,000 people. This is according to data from the Labor Force Survey of the Central Bureau of Statistics for June. The real test of the economy will be whether there will be a big...