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Daily Archives: March 12, 2021

After 20 years of advocacy, Black farmers finally get debt relief – Grist

Debt HelpBy Insolvency GuardianMarch 12, 2021

Get weekly climate politics updates from Grist Subscribe to The First 100 On Wednesday, Congress passed one of the most sweeping relief programs for minority farmers in the nations history, through a provision of President Bidens pandemic stimulus bill. Although the landmark legislation, which would cancel $4 billion worth of debt, seemed to emerge out…

Virgin Is Dropping a Heap of Half-Price Flight Specials Starting at $55 One-Way – Concrete Playground

LiquidationBy Insolvency GuardianMarch 12, 2021

Half-priced airfares have been quite the topic of conversation over the past 24 hours, with the Australian Government announcing a scheme that’ll see the country’s airlines sell 800,000 flights at the discount rate. That starts in April but if you’re keen on getting away before then, Virgin is doing a flash sale that’ll also slash…

Drop in insolvencies and bankruptcies is a ticking time bomb – Inside Retail

BankruptcyBy Insolvency GuardianMarch 12, 2021

The vast arsenal of fiscal, monetary and legal measures used by Australian governments to offset the COVID-induced economic crisis have worked well. They did not prevent a recession (popularly defined as two quarters of negative GDP growth) but things could have been much worse. What is particularly interesting is that the expected consequences have not…

7 Companies That Went Bankrupt Due to COVID – Yahoo News

BankruptcyBy Insolvency GuardianMarch 12, 2021

As pandemic restrictions loosen, bankrupt companies get a new lease on life. As the pandemic swept across the globe in 2020, a new sort of crisis began to emerge: bankruptcies. Companies that entered the year in a position of strength faced a new reality that kept consumers stuck at home and closed down stores, sometimes…

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