Yeshiva World News

Shutdown Projected To Cause $3B Permanent Hit To Economy

The federal government shutdown will cause slight permanent harm to the economy — about $3 billion — according to a report Monday by the Congressional Budget Office.

The report says the five-week shutdown has slowed growth in the near term but that most of the lost growth “will eventually be recovered.”

Overall, CBO predicts that just $3 billion in lost gross domestic product will be permanently lost, a modest figure in a $20 trillion-plus economy.

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Israel Suspends Observer Mission In Hebron

Israel says it is suspending operations of an international observer force in Hebron after over 20 years.

Prime Minister Benjamin Netanyahu’s office said Monday it would not extend the mandate of the Temporary International Presence in Hebron, saying “we will not allow the continuation of an international force that acts against us.” It did not give a timeframe for the observers’ exit.

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Judge Orders $1B In Fines, Payments In Investor Fraud

A federal judge in Florida has ordered $1 billion in payments and fines in a fraud scheme that fleeced thousands of investors.

The Securities and Exchange Commission said in a news release Monday that the Woodbridge Group of Companies and its former owner were ordered to pay the money to investors as well as civil fines and interest.

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Measles Alerts Pertaining To Buses Servicing In Modi’in Illit, Bnei Brak And Jerusalem

Israel’s Health Minister on Monday, January 28, 2019, issued alerts for passengers who traveled on buses servicing cities which have major chareidi population centers.

The ministry alert states, “we would like to inform persons who were born from 1957 and after and have not been immunized against measles, both doses, to report to a ministry office near their home as soon as possible to get vaccinated”.

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