G24 urges stronger global support as developing economies struggle with debt, volatility

The Intergovernmental Group of 24 (G24) has called for stronger international support for developing economies as they grapple with mounting debt burdens, global financial tightening, and trade uncertainties. At a press conference held during the ongoing International Monetary Fund (IMF) and World Bank Spring Meetings on Tuesday in Washington DC, key G24 leaders urged multilateral…

USDA announces $1B in debt relief for 36,000 farmers

By David Pitt | Associated Press DES MOINES, Iowa — The federal government announced Tuesday a program that will provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure. The U.S. Department of Agriculture announced the farm loan relief program funded from $3.1 billion set…