Debt
America’s black hole: The debt threatening to swallow the global economy
US public debt crossed $40 trillion, raising bond yields and interest costs. The financial fallout threatens the global economy, including Israel.
US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden
NIS 75M on the way to our pockets: The offset that will affect electricity bills
Next Israel government must halt rise in debt burden, central bank chief says
Mekorot completes raising of NIS 1.2 billion in debt offering
Insolvency in Israel rises in last two months by 30%
“Unlike previous coronavirus waves, small businesses are not receiving immediate assistance from the government and do not have the financial oxygen to wait another two months to receive assistance.”
Why aren’t American Jews talking more about student debt relief? - opinion
Shmita: What if we were to apply this one-in-every-seven year debt release to student loans? What if, every seven years, loan servicing providers had to forgive debt?
Shraga Brosh companies seek stay of proceedings
58 workers from a company site at Nof Hagalil filed an urgent request in the court to oblige the company to pay within 48 hours wages due to them since November 2021.
Israel saw 38% increase in bankruptcy filings in 2020
It is clear that people whose salary is about NIS 6,000 to NIS 7,000 per month cannot repay loans of hundreds of thousands of shekels, the repayment of which is thousands of shekels a month.
Israel Electric warns of phishing scam trying to steal customer details
People clicking the link in the message would be taken to a page where they would be asked for their identification number and credit card details.
More hours, less money: Garment workers hit by COVID-19 rights rollback
Under Wasid's new temporary contract, he could be fired again if he complains about one month's pay he said he is still owed from last year.
Interest rates for 83-year-old Holocaust survivor, debtor reduced
The debtor allegedly owed a total of NIS 350,000 dating back to portfolio created 2006, from debts accumulated in the 1990s.
Israel's government debt at NIS 984 billion - up 20% in 2020
Covering the coronavirus crisis required raising approximately NIS 265 billion in 2020, compared to NIS 137 billion in 2019.
Israel to allocate NIS 30m. to cover electric debts for Holocaust survivors
In addition, the NII will carry out a project to ensure that all Holocaust survivors who are entitled to nursing services indeed receive their full rights according to their level of need.
