Tamil Nadu Chief Minister Edappadi K Palaniswami on Thursday said the state government will ban online rummy and bring in legal changes to arrest its organisers and players. The state government has decided to ban all online games involving betting, he told reporters in Coimbatore where he arrived to review Covid-19 management work and inaugurate…
Signage is displayed outside a JC Penney Co. store in Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images For the dozens of American retailers that have filed for bankruptcy in 2020, it doesn’t always mean the end is near. Bankruptcies have piled up in the retail industry this year, as many of the consumer-facing…
ANKARA Turkey is contributing to debt relief to Somalia by pledging around 2.4 million in Special Drawing Rights (SDR), an IMF reserve currency, the country’s Official Gazette announced on Thursday. The move comes under the Heavily Indebted Poor Countries (HIPC) Initiative, a World Bank and IMF-created framework to help provide debt relief to the world’s…
The most significant insolvency reform in Australia in the last 30 years has been announced. On 7 October 2020, the Treasury released some of the proposed details to the reforms for public consultation. The purpose of this article is to examine some of the details. The most significant insolvency reform in Australia in the last…