Prime Minister Benjamin Netanyahu has instructed the hostage negotiating team to prepare for the continuation of talks, the prime minister announced on X/Twitter on Saturday night.The team was told to prepare "in accordance with the mediators' response to Witkoff's proposal for the immediate release of 11 live hostages and half of the deceased hostages." Source link
מחבר: the news time israel
Israel's national deficit has climbed more than anticipated (4.1%) and is expected to continue to climb through 2025 to 9% by some estimates, partially due to the outbreak of the Israel-Hamas War and the opening of several new battlefronts, according to the first chapter of a report published by the Taub Center's Prof. Benjamin Bental and Dr. Labib Shami on Wednesday.The researchers also presented forecasts for Israel’s economy in the coming years, highlighting long-term trends unrelated to the war.When the war first broke out, following Hamas’s October 7, 2023 massacre, military expenditures, and reconstruction costs were estimated at NIS…
Israel is very good at imposing surtax but not so good at collecting it. This causes problems for taxpayers, their lawyers, and their accountants alike.Israeli tax law imposed a surtaxAs part of the 2025 budget tax package, the Knesset passed an amendment that expands and increases what is sometimes known as the “Rich Man’s Tax” on high-income taxpayers. Ostensibly, this was done to help finance the Israel-Hamas War.Until the end of 2024, the Israeli tax law imposed a surtax that increased the tax rate by an additional 3% on an individual’s annual taxable income above NIS 721,560. “Taxable income”…
If anyone is going to make a difference to the cycling scene in Jerusalem, it is Oren Lotan. The thirty-something Jerusalemite may not be a born-and-bred local, but for some years now he has been resident in the city and has been doing his damnedest to make the capital more cycle-friendly. And, having recently returned to these shores after spending 17 months pedaling the highways and, especially, byways of far-flung pastures around the world, he brings plenty of vim, vigor, and vision to his new job.Before he set off on his two-wheeler globe-trotting exploits, Lotan was highly active with the…
Our country is now taking so steady a course as to show by what road it will pass to destruction, to wit: By consolidation of power first, and then corruption, its necessary consequence. –Thomas JeffersonAt the beginning of this week’s Torah portion Beha’alotcha, we read that Aaron the high priest was charged with the daily lighting of the menorah. Rashi, explaining the connection between the end of last week’s portion dealing with the princes bringing their offerings to this week’s beginning, says: “When Aaron saw the inauguration of the princes, he felt bad about it, for neither he nor his tribe…
In a recent interview with Kitco News, Tavi Costa, a partner and macro strategist at Crescat Capital, laid out a compelling, if startling, scenario for the future of gold prices. In the segment Costa argued that a historical revaluation of U.S. gold reserves could send prices soaring to unprecedented levels, potentially reaching between $25,000 and $55,000 per ounce.Costa's analysis, presented at the PDAC 2025 conference, centers on the relationship between U.S. gold reserves and outstanding Treasury debt, a metric he believes has drifted dangerously far from historical norms. "The note was more about putting to the perspective of history,"…
The growing capabilities of generative artificial intelligence (AI) are transforming industries and changing how we live, communicate, and solve problems. But for Shiran Mlamdovsky Somech, founder and CEO of Generative AI for Good, and Chen Shmilo, CEO of the 8200 Alumni Association, AI isn't just a tool for progress—it's both a vehicle for social change and a soldier in the current war.This vision took center stage at the "Hack the Hate – Israeli Tech Against Online Antisemitism" conference, an event that showcased AI's potential to tackle issues like antisemitism and other forms of hate speech on today’s many social…
Pope Francis made his official debut on TikTok to promote his autobiography titled Spera, which was released on January 14 in various countries. In a video message on the TikTok profile of the Italian publisher Mondadori, the Pope is seen sitting in his office in a video lasting less than a minute, consistent with the rhythm of the platform, reported Wprost.Holding his autobiography and leafing through its pages, Pope Francis expressed gratitude to journalist Carlo Musso for assisting him. "I would like to thank Mr. Carlo Musso who had the patience to help me remember so many things about…
The City Time Israel group, the official importer of the international jewelry brand Pandora, announces the opening of a new store at the Gold Mall in Rishon Lezion with an investment of approximately NIS 1M. The new store, which will be the 23rd Pandora location in Israel, spans an area of about 50 square meters and is designed with the EVOKE concept – a uniform design implemented in all Pandora stores worldwide.The new store will feature the Spring 2025 collection alongside the brand's iconic products and will open its doors in conjunction with International Women's Month. Pandora Gold Mall…
In a world grappling with food security challenges and an escalating climate crisis, the Haifa Group plays a key role in providing innovative solutions in precision agriculture. In an in-depth interview with the company’s CEO, Motti Levin, and Dorit Koltin, Vice President of Regulation, Environment, and Sustainability, they discuss the need for investment in innovation and the group’s latest projects, including the Blue Ammonia initiative and advanced infrastructure development to bolster Israeli industry. The Haifa Group is recognized globally as a pioneer in agriculture, thanks in part to groundbreaking innovations that enable crops to be more productive and resilient. These…