The Ghanaian Parliament approved on Tuesday, June 24, 2025, a $2.8 billion debt restructuring agreement with a group of 25 creditor countries, including China, France, the United States, Germany, and the United Kingdom. This agreement marks a key milestone in the IMF-supported recovery program aimed at helping the country overcome its most serious economic crisis………
Rugby league is one of Australia’s most celebrated exports, but there are growing fears the NRL’s ties to gambling are having an insidious effect on Pacific communities. Sunday’s grand final between Melbourne Storm and Penrith Panthers will be watched by millions across Papua New Guinea, where rugby league is the national sport. The broadcast will…
Listen to this podcast that tells the story of how a scammer purporting to offer debt relief crushed small businesses and haunted an entire financial services industry in the process. Names are changed but it’s based on true events. Last modified: June 26, 2025 Read…
Money apparently ain’t a thing for Drake as the hip-hop superstar revealed he lost more than US$8mil (RM34.2mil) in a single month, all thanks to sports betting. The rapper took to social media Wednesday night to share the receipts of all the money he’s lost from gambling on the crypto betting site Stake, which he’s…
Louise* was just seven when she started noticing jewellery and household appliances going missing — her mother was selling furniture and whitegoods to fuel a gambling addiction. If you or anyone you know needs help: “I came home one day when I was 14 years old to find I didn’t have a home anymore,” said…
How Abengoa Group impacted the Spanish economy EY Read the original article here
Builder.Ai billed itself as a no-code artificial intelligence platform, and in the end, the company seems to have taken the no-code part too seriously. Once an AI unicorn, today, the Microsoft-backed startup (formerly known as Engineer.ai) has crashed and is going through insolvency proceedings in the US amid allegations of faking its AI tech and…
Swindon & Wiltshire Economy Thursday June 26 2025 Insolvency-related activity fell by slightly in the in Thames Valley and Wiltshire last month, says R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe indicated a drop in insolvency-related activities from 233 in April to 223 in May. The figures include…
Not all debt management programs are legitimate, and choosing the wrong one could lead to serious damage for your finances. Jens Kristian Balle/Getty Images If debt collectors are calling you daily but you can’t afford to pay off what you owe, the idea of enrolling in a debt management program can be pretty tempting. After…
New Delhi: JSW Steel has transformed Bhushan Power & Steel Ltd (BPSL) into a viable and going concern after acquiring it out of bankruptcy in 2021, and its liquidation would have adverse ramifications on all stakeholders, the Sajjan Jindal-led steelmaker and BPSL’s lenders told the Supreme Court. They also sought an ‘open court’ hearing of…