World Bank: Urgent action needed to avoid PA fiscal crisis
The World Bank called on donors to act “urgently” to prevent a “deepening fiscal crisis” in the Palestinian territories.
The World Bank called on donors to act “urgently” to prevent a “deepening fiscal crisis” in the Palestinian territories.
A flood of money brought in by prominent national political action committees has become the norm in this year’s U.S. Senate race in Ohio, which pits first-term incumbent Sherrod Brown, a Democrat, against Republican Josh Mandel, the state treasurer and a Jewish Iraq war veteran.
The Jewish Agency for Israel’s Fund for the Victims of Terror will provide financial assistance to Israelis wounded in the attack in Bulgaria and to the families of those killed. The assistance, made possible by a contribution from The Jewish Federations of North America (JFNA), is meant to help those affected by the attack address supplemental needs not covered by Israeli government bodies. Any family that experienced the loss or injury of a loved one in the attack may request assistance from the fund.
The Palestinian Authority is facing its “worst financial crisis” yet, according to a PA official, because of a foreign aid shortfall and the rejection of a $100 million loan by the International Monetary Fund.
The Claims Conference is tripling its aid to Greece’s Holocaust survivors in light of the country\’s economic crisis and funding an education program on anti-Semitism due to the recent rise of a neo-Nazi party.
Grandpa’s fixed pension, that sweet and steady stream of income that started on the day he retired, is nearing extinction. Most Americans today will retire not on company checks, but on personal savings and Social Security. With interest rates low, the stock market jumpy and Congress pinching pennies, it is no surprise that 87 percent of Americans, according to one recent survey, worry about running out of money.
Violent unrest in Egypt threatens to accelerate the country\’s slide toward a currency crisis, forcing a sharp depreciation of the Egyptian pound in coming months and conceivably prompting Cairo to impose capital controls.
I\’ve never been more concerned about the victims of domestic violence than I am right now. Families already buckling under the weight of domestic violence in the best of times can collapse in times of economic downturn and war.
While waiting for Ronnie outside the restaurant, and watching the handsome Israeli valet boys handle their customers with a pseudo-IDF smile, I could not but think to myself, \”Geez, Israel has come a long way in 60 years. Shouldn\’t more Jews enjoy this jewel, especially now?\”
There is a financial strategy that allows you to help Israel — and yourself. It can provide you or your loved ones with increased income for life, reduce your current tax burden and help you meet a variety of estate planning and personal goals — all while leaving a lasting legacy.