By Eliana Rudee
"We are here to help those enterprises and people who are not appealing for the financial system."
The debt reached approximately half a billion dollars before the PA began paying some of it off
By Aryeh Savir, Tazpit News Agency
The PA's electric bill debt is currently around half a billion US dollars.
Paamonim's guide to getting out of debt.
By JNi.Media
The Palestinian Authority's accumulated unpaid bills have risen to over 2.2 billion shekels.
When it comes to the payment of debts, halacha, like other systems of law, struggles with two competing concerns.
By JNi.Media
The agreement places full responsibility for electric bills collection on the PA, which in the past rejected its responsibility for the debt.
The Vilna Gaon argues that that there is even more reason to permit doing pidyon haben via a shliach since pidyon haben is essentially repaying a debt.
Find out how to get out of debt, what “side hustles” are, and how they can help you improve your financial situation.
By JNi.Media
Israel was rebuked this month by the World Bank for ruining the PA economy by, essentially, withholding money it is rightfully due.
By JNi.Media
A new “Shmita Law,” releasing more than 20 thousand Israelis who are too poor to meet their debt obligations, will now go to a vote in the Knesset.
By JNi.Media
The 'Shylock' is Jewish Billionaire Paul Singer, whom Kirchner has actually accused of behaving like a vulture — for insisting Argentina pay him back the $1.5 billion they owe him.
Abbas is a master schnoorer. The US forked over another $!48 million to Ramallah, which is peanuts to the $2.7 billion the EU says it wasted. Abbas has no money to pay workers – again – and blames Israel.
The Israeli government’s deficit shrank by 30 percent, from $5.7 billion in the first nine months of 2013 to only $4 billion in the same period this year, Globes reported on Monday. September’s deficit was only $250 million. The deficit for the past 12 months represents 3.2 percent of the Gross Domestic Product (GDP), slightly […]
Hang on to your shekels. The Israeli economy is stable and Moody's okays its A1 debt rating. But in US, one economist says America’s debt is understated by 75 percent and is $70 trillion.
Like Chavez, Obama presides over a poorer country whose poor are convinced that he is the only thing standing between them and absolute poverty.
Approximately 20 percent of British citizens have debts that they have not disclosed to their partners.
The kinship and love between Jews is one of the cardinal principles and hallmarks of Judaism and none could match Rav Eliezer-Lippa, father of the two great chassidic leaders Reb Elimelech of Lizhensk and Reb Zusha of Hanipoli, when it came to this particular characteristic.
When saving for retirement, you may feel secure because you’re putting aside earnings into a pension plan. However, what you may not realize is that some of that money is going to be spent even before it reaches your bank account.
Romney may say the right things, but will he really be able to affect change? And Obama says… and does… the wrong things, and he has no reason to change. Democrats complain that Romney has no sympathy for the unemployment problem. Here is part II of Douglas Goldstein's radio show.
Douglas Goldstein interviews former Chief Economist for the International Monetary Fund (IMF) and Harvard professor Ken Rogoff on the American debt crisis.
While recognizing pitfalls of the Israeli economy such as Israel's significant social and political problems as well as a slowdown in growth, Moody's 2012 credit report seems to have more confidence in israel's economy relative to the G-20 advanced countries.
Politicians take for granted that education is the road to empowerment and equality. Obama has read poems off his teleprompter about the wonders of education as the only means of ensuring "our" children's future. There is nothing revolutionary about that. Every politician takes it for granted that education means empowerment. But does it really?
Globes is reporting that Shlomo Ben-Zvi, one of the owners of the religious Israeli newspaper, Makor Rishon, is in advanced talks with Maariv owner Nochi Dankner to buy the Maariv newspaper. The report said that Ben-Zvi doesn't plan to buy the debt of the paper, just the assets, including the Maariv brand name and control. The deal is […]
צאנז 111 from bhol on Vimeo. Not being a Chasid of his (or Chasid of any kind) I don’t really know much about the Munkatcher Rebbe. But if he is like most other Chasidic Rebbes, he will have a huge blowout of a wedding next Monday for his grandson - similar to the one in […]
Mazal tov! Your son or daughter has just got engaged.
More than any other reason, “social justice” killed Moshe Silman. Here’s why: Who confiscated his truck and for what purpose? Social security. After all, what is social security, if not the mechanism established by the state to ensure so-called social justice? It is an institution authorized to take from the “haves” and give to the “have-nots.” And from whom will the Institute for Social Justice take if not from the owner of a moving company? And to whom will it give the value of the truck? To the tycoons? Of course not. It will give the truck’s value to the have-nots, or to those who know how to hide what they have.
Few understand better than the Germans how economic self-destruction can bring a nation and the world to the edge of abyss. The crushing debt imposed on them at the end of World War I led to unprecedented hyperinflation as they monetized their obligations, running their printing presses to create millions of worthless marks.
What is the greatest present that you can give your children when they get married? In certain communities, the answer is, “an apartment.” Many parents take on second or third mortgages, sell their own homes, or bury themselves in debt to make sure that an apartment comes along with the trousseau.
Following his victory Sunday, the 57-year-old François Hollande shouted himself hoarse, as he had done so often during the campaign, thanking his supporters for electing him president and promising to unite the whole country. But Richard Prasquier, President of the Jewish-French organizations, says one of the changes the Hollande presidency brings is a boost to the anti-Israel left.
A sluggish economy and a rising popular hostility to conservative President Nicolas Sarkozy's "American" style do not bode well for the French incumbent in the coming Sunday vote. Add to that the grim international view of France's ability to manage its debt, and it is clear that Sarkozy is in the uphill battle of his […]
By dvora
Obama will eliminate Welfare by requiring all poor people to move in with rich people.