Debt

What happens to a company’s problems when it changes hands?

Crown’s takeover and SkyCity Adelaide’s sale plans show how fines, operating restrictions and customer protections are handled when regulated entertainment businesses change owners.

A change of ownership doesn't make past problems disappear.
Israeli shekel banknotes in a wallet.

Money waiting for you? The year-end tax guide for employees and self-employed

An Iranian commercial aircraft lands at Mehrabad Airport in Tehran on September 25, 2026.

Iranian Airlines plane seized by Turkey over millions in unpaid debts, stranding Iranian passengers

And how is the government dealing with the debt? By taking on even more debt. U.S. President Donald Trump.

America’s black hole: The debt threatening to swallow the global economy


Parashat Re’eh: Why forgive a debt?

Generosity, a kind eye, and trust in God are basic traits of the Jewish people, and we are privileged to continue this precious heritage.

 Just imagine a situation in which banks would have to forgive all debts

Russia slips into historic default as sanctions muddy next steps

The route to this point has been far from normal, as Russia has the resources to pay its bills — and tried to do so — but was blocked by the sanctions.

 Russian Finance Minister Anton Siluanov attends a session of the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 16, 2022.

Russia nearing first foreign default in over a century

If investors won't receive their payments by the Sunday night deadline, there will be an “event of default” on Monday morning, according to the bond documents.

 Russian President Vladimir Putin attends a meeting of the executive board of the General Procurator's Office in Moscow, Russia April 25, 2022.

Mekorot completes raising of NIS 1.2 billion in debt offering

 Mekorot CEO Amit Lang

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.”

Illustrative photo of Israeli money

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?

 Students at Tel Aviv University on October 10, 2021.

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.

 Carpet

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.

Illustrative photo of Israeli money

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.

A hacker is being depicted in this illustrative photo

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.

Workers iron and arrange clothing at a garment factory at Hlaing Taryar industrial zone in Yangon, March 10, 2010.