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What happens if the UN goes bankrupt? Trump says the fix is “very easy”
WEDNESDAY, FEBRUARY 04, 2026
A UN letter dated January 28, 2026 warns of a record US$1.57 billion in unpaid assessed contributions by the end of 2025 and says the organisation could run out of cash by July without reform or full and timely payments. Donald Trump told Politico he could “fix” the issue quickly.
UN declares water bankruptcy era, hurting billions worldwide
THURSDAY, JANUARY 22, 2026
The United Nations announces the world has entered the “water bankruptcy era,” where global water sources have deteriorated beyond recovery, impacting billions.
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
WEDNESDAY, JANUARY 14, 2026
Saks Global, the parent company of prestigious retailers like Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus, filed for bankruptcy protection on Wednesday (January 14), marking one of the largest retail collapses since the pandemic.
Saks Global prepares for bankruptcy after missing debt payment
FRIDAY, JANUARY 02, 2026
Saks Global is preparing for a potential bankruptcy filing in the coming weeks after failing to make a bond interest payment linked to its Neiman Marcus takeover, the Wall Street Journal reported on Wednesday (December 31, 2025), citing people familiar with the talks.
STARK creditors demand "Vonnarat" to repay debt of 130 Billion Baht, files for bankruptcy and asset investigation
WEDNESDAY, OCTOBER 29, 2025
Creditors of STARK demand repayment of 130 billion Baht from Vonnarat Tangkaravakoon, as bankruptcy proceedings continue. The Thai Investors Association updates affected shareholders on the ongoing case
Thai Airways learns 3 lessons, returns to trading 4 August
SUNDAY, AUGUST 03, 2025
Thai Airways overcame its 180-billion-baht bankruptcy by embracing conservative management, building internal strength, and gaining agility as a private firm.
Thai Authorities Keep Close Watch on NETA Amid Parent Company's Bankruptcy
WEDNESDAY, JUNE 25, 2025
Excise Department insists NETA Thailand must still produce 19,000 electric vehicles to fulfil incentive scheme obligations, confirming it's a separate legal entity from its Chinese parent
Chinese EV Maker Neta's Parent Company Enters Bankruptcy
SUNDAY, JUNE 22, 2025
Zhejiang Hozon New Energy Automobile faces substantial debt as restructuring efforts get underway amidst closures and unpaid wages
NETA AUTO THAILAND denies parent company bankruptcy claims
FRIDAY, MAY 16, 2025
Electric vehicle (EV) manufacturer NETA AUTO THAILAND has dismissed false reports claiming that its parent company, Hozon New Energy Automobile (Hozon Auto), has gone bankrupt.
Japan's bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows
TUESDAY, MAY 13, 2025
Japan recorded 10,144 corporate bankruptcies in fiscal 2024 (ending March 2025), the highest level in 11 years, according to credit research firm Tokyo Shoko Research (TSR).