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The Palestinian Authority's accumulated unpaid bills have risen to over 2.2 billion shekels.
The agreement places full responsibility for electric bills collection on the PA, which in the past rejected its responsibility for the debt.
It could mean those PA folks would be stuck without their Internet connection and the world would be spared many gigabytes of incitement.
Israel was rebuked this month by the World Bank for ruining the PA economy by, essentially, withholding money it is rightfully due.
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.
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...
The rule of when it rains it pours seems to be working in Germany's favor.
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.
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.
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