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Tag: israel

Israel sees rapid increase in use of sleeping pills since October 7

January 5, 2024January 5, 2024Arsen Mayer

Is the Israel-Hamas war keeping you awake? You are not alone. Data from Israel’s health insurance funds and pharmacies reveal a significant increase in the consumption of sleep medication, under a doctor’s prescription or in alternative forms. Experts warn that this increase can add to the risk of addiction and damage to the normal sleep […]

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Exchange-traded fund donates all profits to Magen David Adom

January 4, 2024January 4, 2024David Rutman

The new CHAI Exchange-Traded Fund (ETF) will contribute 100% of its profits to Magen David Adom, The Jerusalem Post has confirmed. “In honor of the CHAI ETF launch, we are proud to contribute to Magen David Adom for their amazing work,” Defiance Investments Chairman Matthew Bielski told the Post. Defiance, an American ETF firm, and […]

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BoI lowers interest rate by 0.25% in bid to combat inflation

January 1, 2024January 1, 2024David Rutman

In a decisive move aimed at bolstering economic growth amid ongoing geopolitical challenges, the Bank of Israel Monetary Committee, led by Governor Prof. Amir Yaron, has announced a 0.25% reduction in the interest rate to 4.5%. This marks the first interest rate cut in Israel since the initial days of the Covid-19 pandemic in March […]

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Hundreds of Israelis contract new COVID sub-variant JN.1

January 1, 2024January 1, 2024Arsen Mayer

Some 200 Israelis have contracted the JN.1 coronavirus variant, a highly contagious sub-variant starting to dominate the latest wave of COVID-19 infections, Maariv reported on Monday. The Health Ministry confirmed the report, adding that Israel has seen a small rise in morbidity rates…around 200 cases of the sub-variant were recorded in Israel.” The Centers for […]

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Health funds receiving allocations at start of year in healthcare basket

December 28, 2023December 28, 2023Arsen Mayer

On Thursday, the Finance and Health ministries decided to add some NIS 4 billion to the Health Services Basket. It represents a real addition of NIS 2b. to the budgets of the four public health funds, compared with 2023. The insurers will receive the money in advance as part of the arrangement for adding money […]

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Will whiskey barrels emerge as a safe haven for Israeli investors?

December 27, 2023December 27, 2023David Rutman

Amidst the ongoing conflict between Israel and Hamas, investors are seeking refuge from market instability in an unexpected place: whiskey barrels. The economic challenges posed by the war have led to a surge in interest among Israelis to invest in this alternative asset. MyWhisky, a company specializing in whiskey investing, has reported a growing interest […]

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Israeli EdTech Innovators Shine in GESAwards Finals

December 26, 2023December 26, 2023David Rutman

Last week marked a pivotal moment for Israeli EdTech startups as three promising ventures emerged victorious in the Israeli finals of the Global EdTech Startups Awards (GESAwards) organized by MindCET. These triumphant startups are now set to compete on the global stage at the prestigious BETT competition in London next month, representing Israel in the […]

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Israel Poison Center to mushroom pickers: Cooking doesn’t stop poisoning

December 21, 2023December 21, 2023Arsen Mayer

With the rains of winter, mushrooms are pushing their heads up through the ground in forests or even on lawns. Mushrooms are fungi that originate from tiny spores, and in the wild, they release their own spores that fall to the ground or are carried by the wind. They appear suddenly because of their rapid […]

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Can an Israeli startup stop terrorist funding?

December 18, 2023December 18, 2023David Rutman

The crypto industry has been plagued by illegal activities for far too long. But one Israeli startup, Xplorisk, is on a mission to change that. By enhancing transparency, they aim to prevent money laundering, uncover illegal trading activities, and minimize any illicit use of crypto for financing terrorist activities.  According to reports, there are allegations […]

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Jordan denies existence of ‘land bridge’ to Israel to bypass Houthis

December 16, 2023December 16, 2023David Rutman

The Jordanian Transportation Ministry denied reports that a land route for shipments from the Persian Gulf to Israel in order to bypass the Houthi blockade had been established passing through Jordan on Saturday, according to Jordan’s state news agency. On Saturday, Walla reported that a pilot for a new land route for trucks to travel […]

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