Financial Crisis

The crisis at Tomer Mazon is deepening as the board meeting is postponed to September 17. Stock trading remains suspended amid accounting irregularities and high-profile resignations.

The rapper stood before the cameras of "HaTzinor" and spoke about a deep financial crisis, massive expenses of tens of thousands of shekels a month, the sharp conflict with Erez Isakov, and the scathing criticism of his exclusion from the music industry: "I am not miserable, I will go out to work."

Just 15 months ago it played in the EuroLeague final, and last season it celebrated a championship and four titles, but now Monaco is experiencing a historic collapse: the French Basketball Federation rejected the club's appeal after it failed to provide financial guarantees, and it has been relegated to the third division.

After putting her career on hold to raise the children she shared with Ben Affleck, the divorce changed everything for Jennifer Garner. Now, in an interview for the Aspire podcast, she talks about ageism in Hollywood, the fear of being left without a livelihood as a single mother, and how she went from someone who didn't think about money to a self-made millionaire. "Just because people know you...

The renowned landscaping company Ameri-Pride, operating for 35 years in Florida, has filed for bankruptcy protection following massive debts of up to $10 million.

The empire created by the Russian oligarch is on the way to total chaos. New regulations in England prohibiting owners from injecting money freely, a blocked accounting trick, and a visceral conflict between billionaires are freezing an investment worth 5 billion pounds.

Garden County Health Services in the USA has filed for bankruptcy following financial difficulties. CEO Sam Pennington reassured that medical services will continue without interruption.

The deficit in the National Insurance Institute already stands at billions of shekels, and forecasts indicate that the institution may face a shortage of resources as early as 2029. Economic commentator Matan Hodorov warns: "If we do nothing, in the end, none of us will enjoy social security." So what steps are on the table, and who might have to pay more?

New testimonies reveal the dire situation within the terrorist organization: Lebanese residents report that Hezbollah is struggling to survive as funds run dry and promised compensation for damaged homes remains unpaid. Lina, a resident of the Bekaa region, stated that she has given up on receiving the promised funds and will have to cover repair costs herself.

A South Florida yacht and boat dealer joins the industry's wave of bankruptcies. With 2.6 million dollars in debt, a sharp drop in revenue, and pending litigation, the firm has filed for creditor protection.

With massive debts of 17.3 billion reais, enormous losses, the closure of about 300 branches, and the firing of thousands of employees - retail giant Casas Bahia has reached the red line | All the details on the collapse shaking Brazil

Massive debts of $16.3 billion threaten the collapse of the American cable giant Optimum (formerly Altice). Following an S&P credit rating downgrade, experts are forecasting a potential bankruptcy filing within the year.

The "The Children's Place" chain has reported a difficult quarter with an 11.1% drop in sales and an operating loss of 42.2 million dollars. To survive the liquidity crisis, the company sold customs refunds at a discount for immediate cash.

The financial technology and data group Ion, owned by billionaire Andrea Pignataro, has missed rent payments for offices across three continents. Landlords have restricted employee access to premises due to outstanding debts.

American restaurateur Nick Pihakis has filed for personal bankruptcy, involving assets worth $10.6 million against massive debts. Dozens of restaurants owned by his group have already closed, and the future of the brands remains unclear.

The United States Postal Service (USPS) reported a net loss of $2.5 billion in the third fiscal quarter. The agency is currently borrowing from employee pension funds to maintain operations.

Noy Fedlon, the creator behind Israel's biggest hits, opens up about a dark period in her life, the financial collapse during the COVID-19 pandemic, and the dramatic decision she made to reclaim her career and rights.

While major tech companies continue to inject hundreds of billions of dollars into artificial intelligence infrastructure, Arthur Hayes, one of the founders of the crypto exchange BitMEX, presents an unusual warning scenario for investors.

More than a week after the scheduled payment date for July salaries, millions of public sector employees, retirees, and welfare recipients in Iraq have yet to receive their wages. Senior officials admit that the liquidity crisis, exacerbated by the impact on oil revenues, makes it difficult for the government to meet its financial obligations.

The rapid breakthrough in the field of artificial intelligence has led to significant profits in the markets over the past year, with technology stocks and chip manufacturers recording sharp gains. However, alongside the optimism, voices warning of a financial bubble about to burst are growing. Now, well-known crypto analyst Arthur Hayes presents an interesting scenario, according to which the...

Israeli banks are refusing to cooperate with their Palestinian counterparts. We explain what correspondent banking is and why this financial system is currently under threat.

Altshuler Shaham, Israel's third-largest investment house, is undergoing a major reorganization after losing 140.3 billion shekels in client assets over five years. Founder Gilad Altshuler is decentralizing decision-making to overcome the crisis.

The engine component manufacturer that worked with NASA, Airbus, and Boeing has fallen into crisis following the cancellation of major contracts. The company is seeking creditor protection in hopes of continuing operations.

Singer Shimi Tavori is launching his own food brand, "Shimi Tavori's Jachnun." The project, distributed in partnership with the giant "Diplomat," aims to provide the artist with financial stability.