Israel will stop requiring passengers landing at Ben Gurion airport and entering Israel to undergo PCR testing from Friday, May 20, the Health Ministry has announced.
With the number of new Covid-19 infections continuing to fall, Israel will stop requiring all passengers landing at Ben Gurion airport and entering Israel to undergo PCR testing from Friday May 20.
In its announcement on the matter, the Ministry of Health said, “The decision was taken due to the fall in morbidity figures and after discussions with the professional bodies involved and the Israel Airport Authority. It was agreed that the professional bodies will form a mechanism for keeping the testing system at Ben Gurion airport fit for use in order to allow it to be re-operated swiftly, either fully or partly as required.”
There have also been relaxations for tourists. From Tuesday foreign tourists flying into Israel will be allowed to take an antigen test within 24 hours of boarding their flight rather than a PCR test, as currently required.
Over the past few weeks, Israel’s Ministry of Health has come under pressure to cancel PCR tests for those coming into Israel after most countries around the world have ended such a requirement. The Ministry of Health insisted that it was necessary for tracking Covid variants and locating people arriving who tested positive.
Published by Globes, Israel business news – en.globes.co.il – on May 8, 2022.
SNL U.S. Natural Gas Next-Day Prices ($ per mmBtu)
Hub Current Day Prior Day
Henry Hub 8.21 8.53
Transco Z6 New York 7.82 7.75
PG&E Citygate 9.78 9.98
Dominion South 7.62 7.55
Chicago Citygate 7.93 8.08
Algonquin Citygate 7.94 8.04
SoCal Citygate 8.19 8.68
Waha Hub 7.33 8.01
AECO 4.58 6.41
SNL U.S. Power Next-Day Prices ($ per megawatt-hour)
Hub Current Day
New England 70.00 78.75
PJM West 153.50 131.75
Ercot North 80.00 77.75
Mid C 18.25 19.19
Palo Verde 37.50 41.00
SP-15 51.25 53.00
(Reporting by Scott DiSavino; Editing by Kirsten Donovan)
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Unloading procedures for one cargo of gasoline have begun but the ship cannot berth yet because there’s no space for it to do so, according to the harbor master at the port of Colombo. Meanwhile, Prime Minister Ranil Wickremesinghe said the government is also trying to find the cash to complete a rare purchase of crude oil from Russia.
Joachim Nagel, Germany’s central bank governor and ECB member, shares his latest thoughts on inflation and the possibility of rate hikes in the euro zone.
Bloomberg | Bloomberg | Getty Images
The ECB will soon hike rates for the first time in more than a decade, a member of the central bank’s governing council told CNBC Friday.
The ECB has been in the spotlight for its less aggressive stance on monetary policy compared to other central banks. However, expectations of a rate rise have grown in recent months amid continuous increases in inflation, with market players now pointing to at least four rate hikes before the end of the year.
“We are on the right path,” Joachim Nagel, president of the Germany’s Bundesbank and one of the ECB’s more hawkish members, told CNBC’s Annette Weisbach.
“In our very important meeting in March we decided to end our net asset purchases and in the June meeting, dependent on data, we will decide to stop maybe — and I say this because this data are speaking a very convincing language here — that we stop our purchases and afterwards I believe we will see rather soon the first rate hikes,” he said.
His comments indicate that the first interest rate rise could come in July, once the ECB has debated new economic forecasts released the prior month.
Nagel, who has been in the job since January, said he has been warning about higher inflation since taking on the role, and is now seeing more momentum toward increasing interest rates.
“I pretty much appreciate that many colleagues now from the governing council are joining my position here,” he said.
Meanwhile, Italy’s Ignazio Visco, the governor of the Bank of Italy and a notable ECB “dove,” told CNBC that a rate hike “may be during the third quarter or at the end of the year, but it has to be gradual.”
