What happens when global donors shy away from aid

Imagine being the finance minister of a country that has long relied on foreign aid to fund critical public services. You hear the news that your country’s most prominent donors have economic constraints and are shifting priorities. The budget you had meticulously planned, counting on aid inflows to support essential sectors, is now in question.…

Ally Fashion faces liquidation amid landlord dispute

The Federal Court of Australia has forced Australian retailer Ally Fashion into liquidation following an application by a landlord for rent arrears.  The court appointed Jeff Marsden and Duncan Clubb of BDO Australia on February 28, 2025. Ally Fashion is an Australian-owned female fast fashion retailer that was founded in 2001, with 160 stores across…