Debt

NIS 75M on the way to our pockets: The offset that will affect electricity bills

A court victory for Noga: It will be allowed to immediately offset NIS 75M from PSP due to the shutdown of a pumped-storage facility. The good news: The money will go straight to the consumers.

Electricity poles
Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Bank of Israel offices in Jerusalem, on January 2, 2022.

Next Israel government must halt rise in debt burden, central bank chief says

 Several haredim (ultra-Orthodox Jews) are seen walking around Jerusalem's Geula neighborhood.

The cost of Jewish life is pushing families into debt - opinion

“Consolidation can create a healthier financial foundation.”

Business debt consolidation loans: Features and benefits


Iran's debt burden has rocketed into the millions - report

Iran's increased isolation only contributes to the nation's economic downfall.

 A woman looks at exchange rates by the window of a currency exchange shop in Tehran's business district, Iran

Biden, House Republicans seek debt-ceiling deal as US default looms

Two opposing sides of the US government appear to have different ideas of how debt ceiling conversations are going.

 US HOUSE Speaker Kevin McCarthy bangs the gavel for the first time, last Saturday. Will he invite Prime Minister Benjamin Netanyahu to address Congress?

WeWork adopts shareholder rights plan to protect ability to reduce future tax bills

WeWork struck deals to cut debt by about $1.5 billion and extend the date of some maturities in a bid to preserve cash.

A post-renovation depiction of the six-floor site chosen by WeWork to open its first Petah Tikva shared co-working space

More than half of IDF lone soldiers in financial debt, says army

David Bitan: “We have a very deep appreciation for the contribution of the lone soldiers to our country and we certainly will not leave them to face the debts and the banking system alone.”

 MKs Oded Forer (L) and David Bitan meet at a special joint session to discuss IDF lone soldier debt, on March 22, 2023.

Abraham Accords create new opportunities for Israel-Bangladesh cooperation - opinion

The Abraham Accords have created new opportunities for future cooperation with Israel in sectors that are strategic for Bangladesh, such as Agritech, food safety, climatech and cyber defense.

 BANGLADESH’S PRIME Minister Sheikh Hasina and her Indian counterpart Narendra Modi meet in New Delhi, last year. India is projected to reach 6% growth in the 2023-2024 fiscal year; Bangladesh is projected to reach more than 5% GDP growth.

What Purim can teach us about financial planning

Proverbs 19:25 “Beat the scoffer, but the simpleton will become clever.”

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

Lebanon says it will pay UN dues 'immediately' after losing voting rights

Lebanon, Venezuela, South Sudan, Equatorial Guinea, Gabon and Dominica had lost their voting rights due to dues they owe the UN.

 United Nations Secretary-General Antonio Guterres gestures as he talks with Lebanon's Prime Minister Najib Mikati in Beirut, Lebanon December 20, 2021

Israel Electric Company to spread debts without interest for 1 more day

The debts of Israel Electric Company customers jumped to half a billion shekels.

Illustrative photo of Israeli money

Tnuport distributed dividend of NIS 150m. to controlling owners of company

The owners will most probably use the dividend money to pay off debts to the banking system.

Shekels and dollars

Prosbul, Chabad and the Lubavitcher Rebbe: Legal loopholes in Judaism

Even if there was no financial need for a prosbul, there was spiritual valence to its execution because it reflected fidelity to rabbinic tradition and affiliation with the legacy of Chabad's founder

 RAMASH SUGGESTED people should ensure they have some debt owed to them, just so they will be able to write a prosbul.