UNESCO urges wider use of debt-for-education swaps

Di Marc Jones LONDRA, 10 luglio (Reuters) – L’UNESCO ha esortato i governi e gli istituti di credito internazionali ad ampliare gli scambi di debito in favore dell’istruzione per contribuire ad affrontare una crisi del finanziamento dell’istruzione in continuo peggioramento, avvertendo che 113 paesi spendono attualmente più per il servizio del debito che per l’istruzione…

Another big Hardee’s franchisee declares bankruptcy

A big Hardee’s franchisee in the Midwest has filed for bankruptcy amid an apparent dispute over seller financing from its 2023 acquisition of the restaurants, according to court filings. Superior Star LLC, a Phoenix-based operator, declared Chapter 11 bankruptcy on Thursday. The company has between $10 million and $50 million in both assets and liabilities,…

Insolvency Reforms Expand Access to Debt Relief

The review assessed the impact of the 2021 and 2024 reforms, which raised the maximum debt level. Reforms widened access for people with low incomes and low assets. It also considered the effect of the removal of the £90 administration fee. Recent changes to Debt Relief Orders (DROs) have successfully enabled more people in financial…

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