In March 2021, President Joe Biden signed the American Rescue Plan Act, which designated billions in federal funding to municipalities across the country to support the recovery from the COVID-19 pandemic. The City of Buffalo received $331 million – the biggest one-time investment from the federal government the city has ever seen. $11 million of…
Customers of The Wrekin Housing Group have been supported to clear more than £3 million of debt thanks to the work of its in-house debt advice team. Laim Murphy and Lois Alexander The team, which has been providing regulated debt advice since 2019, forms part of Wrekin’s Money Matters service. The milestone underlines the increasing…
A debt-for-development swap operation is enabling Côte d’Ivoire to replace expensive debt with cheaper financing, improving the country’s debt profile and generating significant fiscal savings—most being directed to the country’s education sector. The operation is the first of its kind supported by the World Bank Group. Learn how this innovative transaction is helping…
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No matter which way you look at the numbers, they tell the same story: in the Global South – the name now given to the developing world – Pakistan is one of the most heavily indebted countries. Let me start by looking at some numbers for Pakistan. As of June 2023, Pakistan’s total public debt…
Details of the Case Chen’s wife, Zhuojun “Sally” Li, had disappeared from their home in Greenacre, Sydney, last month. Her body was discovered last Monday. It was found partially buried and wrapped in plastic. A jogger found the body, and a search for Chen began. On Tuesday, Chen’s body was found in a creek about…
Former UFC champion Chris Weidman gave one of his friends a unique ultimatum over a $5,000 gambling debt. Chris Weidman won’t back down from an eventual return to the UFC Octagon, despite recent calls for him to retire after a loss at UFC 310. It’s nothing new for the 40-year-old Weidman after several rocky performances…
The United States election was one of the most defining events in the crypto space in 2024. Specifically, the reelection of Donald Trump revived Bitcoin and the entire crypto market after an uninspiring second and third quarter. One of the promises made by President-elect Trump in the run-up to the polls was the institution of…
Student-debt cancellation coming for public servants, Biden administration says MSN Read the original article here
Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. Biden’s new bankruptcy guidance, aimed at easing the process for borrowers, made that possible. Some attorneys told BI that the new guidance is a big help, but more outreach would be helpful. Alrena Dale, 61, had her six-figure student-loan balance wiped out after decades…