Debt

Money waiting for you? The year-end tax guide for employees and self-employed

As the 2026 tax year comes to an end, CPA Yoram Shifer explains where to start and how much money can be returned to your bank account.

|ByWALLA! MONEY
Israeli shekel banknotes in a wallet.
An Iranian commercial aircraft lands at Mehrabad Airport in Tehran on September 25, 2026.

Iranian Airlines plane seized by Turkey over millions in unpaid debts, stranding Iranian passengers

Notably, the seizure came a week after the US imposed secondary sanctions on Iran’s aviation sector, prompting airports and airlines across the region to cancel flights to and from Iran for the fores

|ByDANIELLE GREYMAN-KENNARD
And how is the government dealing with the debt? By taking on even more debt. U.S. President Donald Trump.

America’s black hole: The debt threatening to swallow the global economy

US public debt crossed $40 trillion, raising bond yields and interest costs. The financial fallout threatens the global economy, including Israel.

|ByTZALLY GREENBERG
The US Department of the Treasury Building in Washington, DC, US, July 11, 2026.

US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden

The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.

|ByREUTERS

Teva Pharmaceuticals considers laying-off 10,000 workers

The Petah Tikva-based company seeks to reduce its expenses by $1.5 billion to $2 billion in the next two years.

DECEMBER 8, 2017ByMAX SCHINDLER
A building in Jerusalem belonging to generic drug producer Teva

The struggle is real: Student debt through the roof

Survey shows monthly expenses are over NIS 5,000, although the average income for students is under NIS 4,000.

OCTOBER 18, 2017BySARAH LEVI
Tel Aviv University