Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

By continuing you agree to the terms and privacy policy.

Welcome — one more step

News Plus opens the cross-newsroom layer — who covered a story, who didn’t, and how each one worded it.

  • Unlimited follows
  • Alerts for what you follow (in the app)
  • Story alerts (in the app)
  • Hide read stories (in the app)
  • The daily brief by email
  • Headlines side by side
  • Who reported first
  • The whole archive
  • Your reading diet
  • Duki without the monthly limit

Eligible new subscribers get 7 days free, then $34.99 each year. Renews automatically until cancelled. Cancel any time in your account. Subscription terms.

Your subscription also unlocks the app.

Download on theApp StoreGet it onGoogle Play

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Live Terminal
Economy · Full coverage

Smotrich unveils compensation plan for businesses hit by extortion

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

50% center
Center 1Right 1Unrated 1

By ערוץ 7

First reported by Ynet · Jun 23, 2026

What happened

Finance Minister Bezalel Smotrich is advancing a 30 million shekel compensation plan for businesses damaged by extortion and left uncovered by insurance. The scheme, developed with MK Zvi Sukkot, will go to the government and then public comment, and it is meant to encourage police complaints and strengthen deterrence.

  • 01The Finance Ministry drafted a compensation plan for extortion victims not covered by insurance.
  • 02The scheme allocates 30 million shekels and will first run for up to six months.
  • 03Eligible businesses must report extortion to police and prove direct physical damage.
  • 04Smotrich called support for victims a national interest.
  • 05Sukkot said north Israel tours exposed severe distress among business owners.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
People
Bezalel SmotrichZvi Succot
OrganizationsFinance Ministry, Tax Authority, Israel Police, State Comptroller
PlacesIsrael, Tel Aviv, the north

Full coverage · 3 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

Arutz ShevaRight · HebrewJun 24, 2026
Smotrich unveils compensation plan for businesses hit by extortion
CalcalistUnrated · HebrewJun 24, 2026
Treasury to Fund Pilot Compensation for Businesses Extorted by Protection Rackets
YnetCenter · HebrewJun 23, 2026
Israel plans NIS 30 million fund to compensate extortion victims

Related stories

Israeli Government to Approve Multi-Million Shekel Compensation for Businesses Affected by ExtortionJun 28, 2026Israel Launches Pilot Program to Compensate Businesses for Extortion-Related Damage3 days agoIsrael Launches $9.5 Million Fund for Businesses Targeted by Extortion3 hours agoSmotrich to unveil high-tech aid plan, mulls dollar tax paymentsJun 24, 2026Israeli Finance Ministry Absent as Millions in Protection Racket Compensation Remain UnpaidAug 25, 2026Israeli Finance Minister Smotrich Launches $460 Million Aid Plan for High-Tech and Export SectorsJun 30, 2026