Iraq has forgiven $256 million in oil debt that Mozambique has owed it for decades. Mozambique had owed Iraq a total of $320.2 million and will pay the remaining $64 million balance over 15 years starting in 2029, the ministry said in a statement on Tuesday. [Photo: Ministry of Finance of Mozambique] Mozambique has secured…
– Advertisement – – Advertisement – – Advertisement – UNITED NATIONS, Feb 12 (APP): Pakistan has called for putting “front and centre” financial justice that includes debt relief for developing countries among the priorities of the upcoming Second World Social Summit in Doha, Qatar, as part of a decisive move to build a more just…
Debt Awareness Week Helps Americans Confront Rising Debt: How Many Days Do People Have to Work Just to Pay Off Debt? PR Newswire Read the original article here
Martin Lewis on 0% balance transfers and how they can help cut credit card debt MSN Read the original article here
SAN JUAN, Puerto Rico (AP) — The executive director of a federal control board that oversees Puerto Rico’s finances said that it is “impossible” for the U.S. territory to pay the $8.5 billion bondholders are demanding in a bankruptcy case involving the island’s power company. Robert Mujica Jr. unveiled a new fiscal plan for Puerto…
China mulls $6.8 billion funding plan to help Vanke repay debt, Bloomberg News reports Reuters.com Read the original article here
Debt.com’s weeklong financial education campaign aims to reduce debt stigma and empower consumers. FORT LAUDERDALE, Fla. – February 11, 2025 /Noticias Newswire/ – Americans are carrying record levels of personal debt, yet many don’t realize how long it would take to pay it off. Debt.com’s inaugural Debt Awareness Week on February 17-23, aims to change…
You can now wipe any mention of your HELP student debt from your mortgage application – but one expert argues it’s not going to help first homebuyers get into the market. Federal treasurer Jim Chalmers has announced “commonsense changes” to the way banks assess your home loan application, giving you the freedom to remove any…
(Bloomberg) — Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the matter, highlighting the government support for the distressed developer. Most Read from Bloomberg Under the plan, regulators would allocate 20 billion yuan…
China Mulls $6.8 Billion Funding Plan to Help Vanke Repay Debt Bloomberg Read the original article here