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Author: David Rutman

Self-heating concrete will make snow shovels obsolete

March 21, 2024October 9, 2024David Rutman

Clearing roads and sidewalks of snow with mechanical snowplows and salt to lower temperatures at which it melts is a very expensive procedure, and they often seriously harm the concrete and asphalt. Now, researchers at Drexel University in Philadelphia are coming closer to making such a chore obsolete. Tucked inconspicuously next to a parking lot […]

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Elon Musk crowned world’s richest man, overtaking Jeff Bezos

March 20, 2024October 9, 2024David Rutman

Elon Musk, the CEO of Tesla and X, became the richest man in the world for the second time, according to a Wednesday report by Forbes.  Musk’s estimated net worth increased by an estimated $815 million on Wednesday morning, while the now second richest man Jeff Bezos’s net worth decreased by $558 million, according to […]

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How much will Israelis pay to increase IDF manpower?

March 20, 2024March 20, 2024David Rutman

The Finance Ministry released Wednesday an assessment of the economic cost of the various alternatives for increasing the IDF’s manpower. The study found that higher economic costs stemmed from additional reserve duty rather than from extended regular service. The IDF revealed in February a plan for increasing IDF manpower due to new needs created by […]

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New business hotel in unexpected city: 90 rooms on a commercial floor

March 19, 2024October 9, 2024David Rutman

From Industry to Hotels: The District Committee for Center Planning and Construction announced last Tuesday its decision to enact the plan for establishing a business hotel in the Startsiv business area. This is part of the municipality’s policy to promote the renewal of business areas in the city, shifting away from old industries and their […]

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Eilat Port struggling to keep afloat due to Houthi threat, CEO says

March 19, 2024October 9, 2024David Rutman

Eilat Port, Israel’s southern sea gate, is used for trade with the Far East and Australia. However, ever since the Houthis’ missile threats to transiting vessels virtually blocked their pathway through Bab el-Mandeb strait, Eilat’s port has found itself cut off. The result has been a halt to all import and export activities. For more […]

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Bitcoin mining yield set to be slashed in coming weeks

March 19, 2024October 9, 2024David Rutman

The Bitcoin halving is expected to take place at the end of April 2024, in approximately 32 days, according to CoinMarketCap’s halving countdown. Bitcoin halving occurs when the reward of mining a bitcoin is split in half. It occurs approximately every four years when 210,000 blocks are attached to the chain. Bitcoin exchanges are tracked […]

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Israel’s National Insurance will run out of pension funds by 2036

March 18, 2024October 9, 2024David Rutman

Under the National Insurance Institute law, every three years, the organization’s actuary must present a report containing the forecast and expectation for payments and pensions to the residents of Israel. The institute must also ensure the ability to meet its obligations and the rights granted to citizens by law. The institute’s recent report is tailored […]

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Music producer rebuilds business after months in reserve duty

March 18, 2024October 9, 2024David Rutman

When music producer Danny Gross first returned from nearly 100 days in reserve duty in Gaza, he didn’t want to make music. For the musician, who plays everything from the guitar to the piano to the double bass, it felt like music was not important enough to spend time on compared to the things he […]

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Public transport passengers in Israel fined NIS 24 million in 2023

March 17, 2024October 9, 2024David Rutman

During 2023, public transportation passengers were fined 238,146 times for non-payment, totaling more than NIS 24 million. Of these fines, 92% were issued to Egged passengers, which is also the largest bus company, although not by a significant margin. The data regarding the authority and conduct of inspectors in public transportation was presented at a […]

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Airbnb to ban indoor cameras, outdoor cameras to remain

March 17, 2024October 9, 2024David Rutman

The global management of Airbnb announced recently that it will ban the use of internal security cameras in guest houses around the world. Previously, Airbnb allowed their hosts to have indoor security cameras in shared spaces, as long as the devices were exposed and their location was known to hosts. Indoor security cameras, however, have […]

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