CLE ELUM, Wash. — The city of Cle Elum has declared bankruptcy, leaving the small Kittitas County town grappling with uncertainty about its future. The town, named by the Kittitas Tribe after the nearby “swift water,” now finds itself financially underwater. “It’s a wonderful rural town, just a wonderful place,” said Shawn Daly, a resident…
Queensland Premier David Crisafulli failed to declare a $200,000 payout to liquidators pursuing an insolvent trading claim against him, a parliamentary committee has found. The failure of Mr Crisafulli to list the liability on his MP register of interests was “careless”, the bipartisan ethics committee found in a report tabled on Friday. But the committee…
Altice France files for Chapter 15 bankruptcy in US Data Center Dynamics Read the original article here
The Vatican has endorsed a report calling for reforms to alleviate the global debt crisis affecting billions of people in developing countries. SIGN UP FOR OUR NEWSLETTER HERE The document, titled “The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy,” was…
26 June 2025 Chartered Accountants Australia and New Zealand (CA ANZ) urges Australian small businesses to review their tax and cash flow strategies ahead of a significant change to tax deductibility rules that could cost them thousands. From 1 July 2025, interest charged by the Australian Taxation Office (ATO) on late tax payments – currently set at 11.17%…
Jacob struggled to reflect on his spending while in love (Picture: Jacob Battersby) When 25-year-old Jacob Battersby met his girlfriend, he was determined to impress, splurging on flashy watches, expensive cars, and lavish holidays. ‘I’ve been in three main relationships in my life and after every single one, I’ve always been in debt,’ Jacob, a…
Marshall says he believes Trump megabill ‘will help shrink the debt’ The Hill Read the original article here
State bankruptcies became a topic of concern in 2017 when Puerto Rico, a U.S. territory, filed for bankruptcy, spotlighting the vulnerabilities in public finances. Even earlier, analysts were warning of the deteriorating financial health of various states. While no U.S. state has ever declared bankruptcy – and with the exception of Arkansas in 1933, no…
Anna Webber / Stringer / gettyimages Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. When Jelani from New York called into The Ramsey Show about his financial problems, he didn’t sugarcoat his situation. “I owe over $100,000. I’m kind of lost right now,” he told finance personality…
Problem gambling in India is a ‘major’ public health issue but there are only two institutions to address this clinically. When a 36-year-old father of two in Chennai murdered his family before killing himself, it was revealed he had borrowed huge sums of money from friends to feed his online gambling addiction. At that time,…