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Danish insect ag firm ENORM declared bankrupt

Danish insect ag co ENORM has been declared bankrupt after spending six months in a court-supervised restructuring process. ENORM, which raised €50 million ($57 million) from backers including Danish ag co-op DLG in 2022, opened a factory in Jutland in 2023 to supply the animal feed market with protein and oil from black soldier fly…

Teen gamblers trapped in debt and crime cycle

Teenagers addicted to gambling are caught in a vicious cycle of debt, with some turning to private loans to repay what they owe. A recent report titled “A Study on the Actual Conditions of Youth Cyber Gambling Experiences” by Lim Ji-yeon, a senior research fellow at the National Youth Policy Institute, found that 12.7 percent…