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Israel's economy staggers and suffers heavy losses as global rating agencies downgrade its credit rating.

Late payments are causing a severe financial strain on small businesses in New Zealand, with the cost of overdue payments increasing by 81% from 2021 to 2023, reaching $827 million. Larger corporations are often delaying payments, which disrupts cash flow for small businesses, some of which face challenges paying rent and staff. This issue is worsened by high inflation and interest rates, putting additional pressure on small businesses and the broader economy. To combat this, experts suggest that digital solutions, like e-invoicing and automated payment reminders, could help streamline payment processes and improve cash flow. Platforms like Xero are stepping in to support small businesses by offering digital tools designed to reduce payment delays and encourage timely invoice settlements. These solutions could also contribute billions to New Zealand's GDP, highlighting digitalization as a key strategy for economic recovery and growth.