Verizon Partners with Packers to Pay Veterans’ Debt

GREEN BAY, WI- (WGBW) – Verizon and the Green Bay Packers announced a $3 million debt relief program for Wisconsin veterans over the next two years. The announcement is part of a multi-year partnership, making Verizon the team’s official 5G mobile partner.  Andy Brady, Verizon’s Market President, said the immediate investment of $1 million and…

West Cumbrian youth learn to budget and steer clear of debt

Citizens Advice Allerdale, Citizens Advice Copeland, and Whitehaven, Egremont & District Credit Union deliver workshops and training sessions to young people aged 11 to 18, covering topics including managing debt, ways to save and banking basics. The initiative is part of the Financial Wellbeing programme, a strand of Transforming West Cumbria, funded through the Sellafield…

VerSe initiates personal insolvency proceedings against Marathi producer Akshay Bardapurkar, ET LegalWorld

VerSe Innovations Private Limited, a reputed Bangalore-based technology company, formally files the application initiating personal insolvency proceedings under Section 95(1) of the Insolvency and Bankruptcy Code, 2016 against Akshay Bardapurkar, a producer from the Marathi film industry and the face of Planet Marathi, alleging serious financial default and breach of contractual commitments. The matter relates…

Somalia gets $306 million debt relief

Somalia gets $306 million debt relief MOGADISHU, Somalia – The government of Somalia signed a $306 million debt relief following an agreement with the Arab Monetary Fund (AMF) in what comes after stringent reforms spearheaded by the country’s treasury towards stabilization of the economy. Signed in Kuwait on Wednesday, the move is geared towards restructuring…

Man stole £15,000 from Food Warehouse store in Barry

Richard Lewis was described as “a hard-working employee” and was promoted to store manager at The Food Warehouse in Cross Hands, Carmarthenshire, after being at the company for more than 12 years. However, prosecutor Caitlin Brazel told Swansea Crown Court that Lewis “found himself in crippling financial debt” in the summer of 2021 due to his gambling…

Thai Household Debt Fuels Economic Concerns, Hampers ASEAN Growth

    Thailand’s Efforts: The IMF acknowledges that the Thai government has taken significant steps to address household debt, including offering loan repayment assistance, introducing debt restructuring schemes, improving regulatory frameworks, and promoting financial literacy.   A key initiative is the “You Fight, We Help” project, launched in December 2024, which enables individuals and small businesses…