In a letter released by Caritas Internationalis, over 100 faith leaders around the world call on the finance ministers of the Group of 20 biggest economies to take concrete steps during the Jubilee year to end the scandal of poor countries spending more on debt repayment than on health and education. By Lisa Zengarini 124…
Although debt consolidation can be a useful tool to help consumers manage debts, around a third of people from the UK don’t understand what it is, according to new research from Tesco Bank. While 33 per cent of Brits don’t understand debt consolidation, and others don’t know that it exists as an option, Tesco Bank…
DIXON – Dixon’s St. Paul and Immanuel Lutheran churches raised a total of $2,430 to help pay off Dixon Public Schools’ student lunch debt through two fundraisers led by the youth ministry, Gerad Von Holten, praise band director at St. Paul, told Shaw Local. In December, the total debt – stemming from unpaid student lunch…
In the second article of our occasional series “Open Book”, a democratic platform we offer out-of-industry commentators, Grace Graham-Taylor looks at the contentious issue of gambling addiction. In the summer of 2021, Luke Ashton, a husband and father-of-two from Leicester, England, took his own life, writes Grace Graham-Taylor. Unbeknown to his family, in the preceding…
By Michel Haoses. The first meeting of the G20 Finance Ministers and Central Bank Governors took place in Cape Town, South Africa, from 26 to 27 February. At the meeting, the International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva highlighted the need for global support and cooperation and affirmed the IMF’s role. Georgieva noted that…
The high debt saddling the world’s poorest countries needs an urgent reset to avoid multiple crises, African leaders said Thursday as they launched an initiative for debt relief and fairer borrowing terms. The African Leaders Debt Relief Initiative, signed on the sidelines of a G20 finance meeting in South Africa, will push for a revamp…
PUBLISHED : 28 Feb 2025 at 04:00 Small Medium Large (Photo: 123RF) Siam Commercial Bank (SCB) and… Read the original article here
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JOHANNESBURG – Global finance institutions are again under pressure to reform as Africa uses G20 to address the continent’s challenges. Top of the list is the high debt burden carried by emerging economies, who are slapped with high debt servicing costs. ALSO READ: – Former African heads of state call for urgent action to address…
(© Justin – stock.adobe.com) The Employer Participation in Repayment Act is bipartisan legislation to help Americans tackle their student loan debt. The bill, introduced today by U.S. Sens. Mark R. Warner of Virginia and John Thune of South Dakota, alongside U.S. Reps. Nicole Malliotakis of New York and Scott Peters of California, would permanently make…