Tag: YomKippur
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Why Israeli Banks Profit From Delayed Salaries on Yom Kippur
Introduction: a timing quirk that benefits banks In Israel, the convergence of a major religious holiday and the payroll calendar is revealing an unexpected flank of the banking system’s revenue. When the eve of Yom Kippur falls on October 1, many employees expect their September salaries to be in their accounts that same day. However,…
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Manchester Synagogue Attack: Two Dead, Three Injured
What happened outside the Manchester synagogue Early Thursday morning, a violent incident outside a Manchester synagogue left two people dead and three others seriously injured, according to an updated statement from police. The attack unfolded on a street near the place of worship, on a day of significant importance for the Jewish community as Yom…