Campaigners are calling on the UK to prevent vulture funds from using British courts to pursue the debts of poor countries after it emerged that Mozambique could be the first in a wave of states facing a new debt crisis sparked by the commodity price crash. Mozambique, one of the worlds fastest growing economies for…
Less than a year ago, Argentina was on the brink of a balance of payments crisis after 12 years of populist rule. But dollars have flooded into the economy since the business-friendly government of Mauricio Macri took over last December, with central bank reserves last week surging above $40bn. Although the record set by Argentinas…
The Department of Education has announced for the first time that some students will have their debts cancelled after the Government was able to recover money from training providers rorting student loans. The news came at the very end of today’s Senate committee into a massive shakeup of the vocational education and training (VET) sector.…
Caracas: Venezuelan state oil company PDVSA said Monday it restructured 39 percent of its debt in a bond swap, falling short of its goal but giving the struggling firm much-needed breathing room. After extending the sign-up deadline three times and sweetening the deal for creditors, PDVSA announced a swap for $2.8 billion in bonds, extending…
St. Paul, Minn., Oct 24, 2016 / 05:19 pm (CNA/EWTN News).- Personal and student debt can slow down or prevent prospective seminarians and aspirants to religious orders from pursuing their vocations, but one organization with national scope aims to change that. The Laboure Society’s work is critical because thousands of discerning men and women are…
Venezuelan state oil company PDVSA said Monday it restructured 39 percent of its debt in a bond swap, falling short of its goal but giving the struggling firm much-needed breathing room. After extending the sign-up deadline three times and sweetening the deal for creditors, PDVSA announced a swap for $2.8 billion in bonds, extending the…
Oil Venezuelan state oil company PDVSA said Monday it restructured 39 percent of its debt in a bond swap, falling short of its goal but giving the struggling firm much-needed breathing room. After extending the sign-up deadline three times and sweetening the deal for creditors, PDVSA announced a swap for $2.8 billion in bonds, extending…
I believe there are some charitable grants available for people who are having problems affording some utility bills. How does someone go about claiming? PW, Shropshire What I think you are after is Charis Grants. This administers schemes set up by various utility companies for people struggling with bills. One of these is the British…
When Yousif Khans father was killed by robbers, the last thing the family needed was a battle for the roof over their heads, but that is the cruel legacy of a heinous act, Shireena Al Nowais writes DUBAI // When Yousif Khans father was killed in a robbery while on holiday in Pakistan, it started…
the last thing the family needed was a battle for the roof over their heads, but that is the cruel legacy of a heinous act, DUBAI // When Yousif Khans father was killed in a robbery while on holiday in Pakistan, it started a downwards spiral in Yousifs life. “My father was withdrawing money from…