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Shai in the Av Beit Din: "The officials were confused. When they determined something that did not fit, they decided to slander "- Walla! Business

2021-01-24T12:01:35.125Z

Dun & Bradstreet held its annual capital market forum this morning, in the presence of industry executives, and the former director general of the Ministry of Finance attacked: "These are things that clerks would do in the mornings and a crisis of confidence between the professional and political echelons." "



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Shai in the Av Beit Din: "The officials were confused.

When they determined something that did not fit, they decided to slander. "

Dun & Bradstreet held its annual capital market forum this morning, in the presence of industry executives, and the former director general of the Ministry of Finance attacked: "These are things that clerks would do in the mornings and a crisis of confidence between the professional and political echelons." "

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  • Shai in the Avd

David Rosenthal

Sunday, January 24, 2021, 1:48 p.m.

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Dun & Bradstreet held its annual Capital Market Forum this morning, in the presence of industry executives.

Efrat Segev, VP of Data and Analysis Dun & Bradstreet, opened the forum: "There is no doubt that the upheaval experienced by the Israeli economy in 2020 will accompany us deep into 2021. A record number of businesses. "



Former Finance Ministry director general Shai Babad was the dominant speaker, criticizing" finance officials "Keren Turner and Shaul Meridor, who were interviewed by" Ovda "on Thursday:" The 'officials' were confused.

Whenever the Minister determines something that does not suit us, we will text, torpedo and defile.

These are things that bureaucrats, especially in the treasury, would make news for the mornings and a serious crisis of confidence was created between the professional and political echelons.

In the end, the political echelon decided to divide the professional echelon.

I would expect them to address the serious allegations to the Attorney General and the State Comptroller and not make a round in the media.

It is their duty and not their right. "The



AVD continued its attack:" See, for example, Bar Siman Tov, who was a writer of opinion and at the same time received great trust from the prime minister, implemented decisions and pushed for policy. His power stemmed from his understanding of the role. The political to the professional were done behind closed doors. "

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In the AVD (Photo: Roni Kanfo)

He also referred to the budget crisis: "This is the first time in the history of the State of Israel that there has been no state budget for about two years, which leads to a lack of priorities, in terms of health, security and more. Moreover, we are in the great economic crisis the state knew and no one notices. There is no long-term view. The current situation is in fact that there is no budget and priorities and no structural reforms or a strategy to emerge from the crisis. We are the citizens of the country paying a price. It is inconceivable that in such a period there is no budget "That was supposed to be a budget, to take care of Corona also means to take care of the budget. Instead, I saw them deal with a million other things."

"Hype IPOs - Beyond What We Expected"

Uri Greenfeld, Psagot's chief economist: "There have been two tectonic changes over the past year that support rising world inflation. The first is that governments have poured money into households at an unregistered rate since the post-World War II years. Interest rates, unless they really, really, have no choice. The combination of these two forces is expected to push world inflation upwards. In addition, as the debt-to-GDP ratio approaches 150%, there is a clear interest in letting inflation skyrocket.

This is a debt ratio that cannot be reduced through responsible policy but only through its erosion by inflation. "



Tal Kedem, CEO of Harel Finance Holdings:" The chance of a 10% correction in certain sectors increased after the sharp rises and the multipliers jump - in 2021 it will be important to choose "The right sectors. In 2021 it would not be right to ask whether we are in a bear or bull market - unless we have chosen the right sectors. Green economy and ESG are the trends for the coming years and it is important that we be there now, at the beginning of Biden's journey."



Adv. Ilanit Landsman Yogev, partner and director of the capital market at the firm of Herzog Fox Ne'eman, addressed the issue of issues: "There were two important trends in the capital market in 2020, first, there was hype of issues, far beyond what we expected.

The issues have become increasingly global for international investors to enter the Tel Aviv Stock Exchange, and the second is the use of a non-uniform bid, ie through orders, in a book, and not through a tender as was the case before.

There have already been several such issues, and there are quite a few more on the way. "

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Source: walla

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