The Cost Of Team Loyalty Has Sports Fans Going Into Debt

Via istock by Edwian Stokes September 6, 2026 Despite nearly $2 trillion in buying power, many Black fans compromise their economic security by supporting professional sports leagues. Black sports fans use personal savings and credit to take on high-cost debt, financing leagues that provide no financial return. In his landmark work, Forty Million Dollar Slaves,…

Sritex Bankruptcy: Singapore Ruling Opens New Path for Cross-Border Asset Recovery

Landmark decision lets Sritex curators investigate Singapore assets and potentially strengthen creditor recoveries. A Singapore court decision involving collapsed Indonesian textile giant Sritex could give creditors and insolvency administrators a clearer route to pursue assets linked to bankrupt Indonesian companies in Singapore. Singapore Recognizes Sritex BankruptcyThe Singapore International Commercial Court (SICC) recognized the Indonesian bankruptcy…

Haulage company collapses with all jobs lost

The liquidator highlighted “significant pressures” on the haulage business, which was established in 1968. Michael Reid, head of insolvency services in Scotland for MHA, has been appointed liquidator of VG Mathers Limited, based at Kintore in Aberdeenshire. VG Mathers’ fall into liquidation has resulted in the loss of all seven jobs. Colin Mathers, director of…

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