Asheville, Sep 1 (IANS) US Treasury Secretary Scott Bessent has called for faster, more transparent and predictable sovereign debt restructuring as developing economies confront mounting debt burdens, weaker financing flows and growing liquidity pressures. Addressing a G20 meeting on sovereign debt in Asheville, North Carolina, Bessent said the group would establish a technical-level study group…
“Rich Dad Poor Dad” author Robert Kiyosaki — the self-help guru who has made a fortune preaching the secrets of financial success — has amassed a staggering $1.2 billion in debt tied to his sprawling real-estate investments, according to a report. The 79-year-old scribe has repeatedly touted the eye-popping figure while arguing that borrowing money…
Young people heading to university this autumn are being urged to understand the risks associated with easily accessible forms of credit. Advice NI warns that the repayments across credit options such as payday loans, overdrafts, credit cards, and buy-now-pay-later schemes, can quickly become unaffordable, leaving students vulnerable to problematic debt. Data from the charity’s personal…
If high rates are pushing up your credit card debt, there are rate-lowering strategies worth considering now. SmileStudioAP/Getty Images Credit card debt has become particularly expensive to carry over the last few years, and borrowers aren’t exactly heading into September with much relief on that front. Credit card balances have been climbing amid today’s tough…
Debt is getting harder to manage, and more Americans are turning to credit counseling and debt management for help. But increasingly, the customer seeking that help is younger. Gen Z adults ages 18 to 29 still make up a relatively small share of debt management clients — 16% of the client base at Money Management…
Young adults are turning to debt help more than ever. Here’s what’s driving it and what to do. Published Tue, Sep 1 2026 9:00 AM EDT Andreina Rodriguez Associate Reporter, CNBC Select ShareA Facebook iconFacebook iconA Twitter iconTwitter iconA LinkedIn iconShare by linkedinAn email iconShare by email Debt is getting harder to manage, and more…
Benched by the Budget: Nearly Half of Parents Have Already Had to Pull Their Kids Out of Sports Because They Couldn’t Afford It New Accredited Debt Relief survey finds youth sports are becoming the latest casualty of household financial pressure, with another 43% of parents fearing they’ll soon face the same decision Difficult tradeoff spotlighted…
MOGADISHU — Somalia’s external public debt has undergone a historic transformation, declining from $5.23 billion in 2018 to $1.48 billion in 2025, while the external debt-to-GDP ratio fell from 64 percent to 11 percent over the same period . The dramatic reduction follows Somalia’s attainment of the Completion Point under the Enhanced Heavily Indebted Poor…
UN Secretary-General proposes four pillars for partnership, debt relief, and AI regulation AKIpress News Agency Read the original article here
Christian Aid calls for UK to introduce debt-justice law The Church Times Read the original article here