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Illustrative: Shoppers at the Mahane Yehuda market in Jerusalem, November 13, 2025. (Nati Shohat/FLASH90)
February 5, 2026, 7:42 pm
IMF sees Israeli economic recovery from Gaza war, but worries over flareup in regional tensions
Body warns renewed regional hostilities risk curtailing growth due to high defense spending, elevated risk premia, shortage of workers amid mobilization of IDF reserves
By Sharon Wrobel
An explosion is seen during a missile attack in Tel Aviv, Israel, Sunday, June 15, 2025. (AP Photo/Leo Correa)
June 17, 2025, 8:21 pm
S&P warns long war with Iran could sink Israel’s credit rating
Agency says outlook remains negative, meaning another downgrade is possible, citing ‘prospect of escalation’ in conflict; Fitch sees impact of Israel-Iran fighting contained
By Sharon Wrobel
Lights illuminate the US Capitol after House Speaker Kevin McCarthy announced that he and US President Joe Biden had reached an 'agreement in principle' to resolve the looming debt crisis on May 27, 2023, on Capitol Hill in Washington, DC. (AP Photo/Patrick Semansky)
May 28, 2023, 5:45 am
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
After extensive talks, president and House speaker reach compromise deal that may face opposition from both sides over concessions, as sides race to meet June 5 deadline
By LISA MASCARO, MARY CLARE JALONICK, Zeke Miller and KEVIN FREKING
US President Joe Biden meets with US House Speaker Kevin McCarthy (R-CA) (L) about the debt ceiling, in the Oval Office of the White House in Washington, on May 22, 2023. (Saul Loeb/AFP)
May 23, 2023, 4:28 am
Biden, McCarthy call debt talks ‘productive,’ but no deal as June 1 deadline looms
Speaker says negotiators are going to ‘work through the night’ and that he and the president will ‘talk every day to try to find a way to get this done’
By Frankie TAGGART
Pastor Chris Harris, who leads two Church of God in Christ congregations in Chicago, and Rabbi Ari Hart of the Orthodox Skokie Valley Agudath Jacob Synagogue teamed up for a shmita debt relief fundraiser. (Screenshot from Facebook via JTA)
June 2, 2022, 2:19 am
Inspired by biblical tenet, interfaith group cuts medical debt for 2,000 Chicagoans
Taking a page from sabbatical year loan forgiveness outlined in the Good Book, two churches and an Orthodox congregation team up to buy $1.9M worth of debts – and let them go
By Jackie Hajdenberg and Gabe Friedman
Senate Minority Leader Mitch McConnell of Kentucky, walks to a policy luncheon on Capitol Hill, Thursday, Oct. 7, 2021, in Washington. (Alex Brandon/AP)
October 8, 2021, 5:09 am
Senate dodges US debt disaster, voting to extend borrowing into December
Party-line Democratic vote to raise debt ceiling by nearly half-trillion dollars brings instant relief in Washington and far beyond, but still only a reprieve for 2 months
By KEVIN FREKING, Alan Fram and Alexandra Jaffe
US Senator Lindsey Graham arrives at the US Capitol for votes, September 29, 2021, in Washington. (AP Photo/Andrew Harnik)
September 30, 2021, 8:42 am
With Democrats split, US Senate set to vote on bid to avert government shutdown
Thursday vote kicks off critical days for Biden administration, with his party divided between centrists and leftists, GOP opposing any measures that enable massive spending bills
By Frankie TAGGART
A demonstrator throws a tire on a fire during a protest over economic conditions, in Khartoum, Sudan, Wednesday, June 30, 2021. (AP Photo/Marwan Ali)
July 17, 2021, 12:22 am
Creditors cancel $14 billion of Sudan’s debt after reforms, Israel normalization
Paris Club of creditor nations also announces rescheduling of Khartoum’s remaining $9.4 billion in debt, holds out possibility of further relief
By AP
A stock market ticker in the lobby of the Tel Aviv Stock Exchange, March 15, 2020. (Flash90)
April 25, 2020, 2:28 pm
Moody’s lowers outlook on Israeli debt from positive to stable
Ratings firm cites growing budget deficit, impact of ‘fractured political environment’ on fiscal policy, but leaves credit score of A1 unchanged
By ToI Staff
The Israeli drug company TEVA Pharmaceutical Industries, in Jerusalem, on August 6, 2017. (Yonatan Sindel/Flash90)
From the WebNovember 20, 2019, 1:05 pm
Teva raises $2.1 billion in debt tender offer
Calcalist: The tender will help redeem debentures the pharmaceutical firm issued to fund the $40.5 billion acquisition of Actavis in 2016
Frank Coutinho
August 2, 2018, 3:36 pm
Frank Coutinho
The rise of household debt in Israel
As government debt shrinks, it allows the state to pay less interest on debt, enabling it to channel this additional cash into social programs
US President Donald Trump's daughter Ivanka Trump, left, and her husband senior White House adviser Jared Kushner are seen during the opening of the US Embassy in Jerusalem, on May 14, 2018. (AFP Photo/Menahem Kahana)
June 12, 2018, 1:11 pm
New disclosure shows Jared and Ivanka growing wealth as presidential advisers
Trump’s special adviser and son-in-law and daughter have assets of at least $181 million and debt of at least $25 million, up from $5 million last year, report says
By Stephen Braun and Bernard Condon
Teva Pharmaceutical Industries employees protest closure plans outside a company building in Ashdod, December 17, 2017. (Flash90)
April 9, 2018, 4:34 pm
Teva to shut Ashdod plant within year, with loss of 175 jobs
Company statement follows on from December announcement that debt-ridden pharma giant will fire 14,000 workers worldwide over next two years, including some 1,750 in Israel
By Sue Surkes
A general view of TEVA Pharmaceutical Industries in Jerusalem, Israel, October 11, 2013. (Yonatan Sindel/Flash90)
From the WebDecember 12, 2017, 6:25 pm
Teva’s working with Evercore to review debt options
Bloomberg: Teva executives have met with the drugmaker’s main lenders to assess options regarding debt repayment
Chef Rafi Cohen, arrested at Ben Gurion Airport on September 7, 2017, seen during better times at his Raphael restaurant in Tel Aviv. (Moshe Shai/FLASh90)
September 7, 2017, 10:32 am
Fugitive celebrity chef arrested at Ben Gurion Airport
Raphi Cohen, formerly of Tel Aviv’s upscale Raphael restaurant, wanted for millions of shekels in debt
By Sue Surkes
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