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Unpaid bill makes holy site go dark
Tomb of Moses Maimonides, one of Judaism's pre-eminent sages, plunged into darkness because of $11,500 debt to electricity company
View Article1.2 billion of taxpayer money to a ‘worse than Solyndra’ company to create 15...
The Obama administration has awarded SunPower 1.2 billion in taxpayer money to create a total of 15 U.S. jobs and to build a plant in…Mexico. The company is in Solyndra-like financial difficulty. It...
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John Maddens debt to Israel
The famed director discusses the universalities of the dilemmas portrayed in his latest film, ‘The Debt’ and why he chose such a complex project.
View ArticleAides: Zisser has secured interim financing
Aides claim Mordechay Zisser has found a “serious party”, which will give him NIS 80 million to meet his debt payment to Bank Hapoalim.
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Stocks, euro slide amid Greece EU bailout doubts
Greek PM survives parliamentary confidence vote with fate of nation’s deal on a euro zone debt bailout and the global economy in the balance.
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S&P warns of euro zone credit rating downgrade
Standard & Poor’s warns it could carry out broad downgrade if EU leaders fail to agree on debt crisis solution this week.
View ArticleIsraeli banks PIIGS exposure – NIS 2.4b
According to a study by “Globes”, NIS 48 million of the exposure is classified as problem debt.
View ArticleTao Tsuot bondholders seek to force repayment
Controlling shareholder Ilan Ben Dov is still hesitating over whether to support the proposed debt arrangement.
View ArticleAmpal seeks deferral of bond repayment
The company is due to repay NIS 150 million next month; it is not asking to reduce the debt.
View ArticleAlvarion seeks debt settlement
After lowering guidance, the broadband solutions developer said it will be in default on a $ 30 million loan obtained to acquire Wavion…. Front
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