Article Summary As thousands of Illinois households lose their federal food assistance this month, business owners are also preparing for potential loss. When households lose their benefits, they spend less at the grocery store, and the already-thin profit margins of independent grocers become even slimmer. Business owners face debt and potential store closures that could…
BFREE has closed a new growth investment round that will allow the company to buy more distressed loan portfolios, strengthen partnerships with lenders and expand into more African markets. Headquartered in Lagos, the company works with banks, fintechs and other lenders to acquire and manage non-performing retail and SME loans. The latest round drew support…
By Susanna Twidale LONDON, May 11 (Reuters) – A government scheme to clear 500 million pounds of energy debt for some of Britain’s poorest households has yet to launch, as industry warns total arrears could reach 7 billion pounds ($9.5 billion) by year-end. The delay comes as ministers face mounting pressure over the cost of…
A government initiative aimed at clearing £500 million in energy debt for Britain’s neediest households has hit a standstill. Industry insiders warn that the delay could see the total arrears balloon to an alarming £7 billion by the end of the year. Introduced by energy regulator Ofgem last October, the Debt Relief Scheme was expected…
Britain stalls on energy debt relief with consumer debts seen topping $9.5 billion by year-end Reuters Read the original article here
Colombia is seeking to ease the pressure on its debt through currency diversification and reduced reliance on the US dollar. Credit: A.P. / Colombia One. The Colombian government has begun implementing a financial strategy that could reduce the country’s historic dependence on the U.S. dollar. The measure consists of diversifying external public debt into other…
The EBRD, together with PrivatBank and Raiffeisen Bank, launches €8 million Enterprise Security Enhancement Vira Kasiyan LIGA.net news editor Consequences of the Russian strike on the ARS construction hypermarket in Ternopil,… Read the original article here
The EBRD, together with PrivatBank and Raiffeisen Bank, launches €8 million Enterprise Security Enhancement Vira Kasiyan LIGA.net news editor Consequences of the Russian strike on the ARS construction hypermarket in Ternopil,… Read the original article here
Gagik Tsarukyan promises debt relief, free services ahead of June elections Panorama.am Read the original article here
The Brazilian Institute of Responsible Gaming (IBJR) says more must be done to tackle the illegal igaming market if Brazil’s new debt relief program, which bans those enrolled from accessing gambling platforms for a year, is to succeed. President Luiz Inácio Lula da Silva revealed the Novo Desenrola Brasil scheme as part of Brazil’s Labor…