Student loan forgiveness may come with a tax bomb. How lawmakers might fix it – CNBC

President-elect Joe Biden and Vice President-elect Kamala Harris at transition Covid-19 advisory board briefing on Nov. 9, 2020 in Wilmington, Delaware. Photo by Joe Raedle | Getty Images Student loan forgiveness is looking more like a possibility under President-elect Joe Biden, but an unintended consequence may emerge unless Washington intervenes: a tax on loan forgiveness.…

National Debt Relief Delivers Empathetic Customer Experiences By Leveraging Contact Center AI from Observe.AI – MarTech Series

Speech Analytics and Contact Center AI Improve Experiences for Both Clients and Agents Observe.AI, a leader in Contact Center AI, announced that its platform has enabled National Debt Relief (NDR) to improve customer experience, automate quality assurance, and provide better coaching to its front-line agents. NDR, one of the countrys largest and most reputable debt…

IMF calls for expansion of debt relief beyond world’s poorest countries – Reuters

By Reuters Staff 1 Min Read FILE PHOTO: IMF Managing Director Kristalina Georgieva arrives for a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. REUTERS/Remo Casilli WASHINGTON (Reuters) – The head of the International Monetary Fund on Sunday called for prompt and effective implementation of a new G20 framework…

The week in review: China extends $2.1bn in debt relief to developing countries, top regulators vow ‘zero tolerance’ on misconduct after defaults – GlobalCapital

In this round-up, Beijing says it has suspended $2.1bn in debt payments from two dozen nations under the G20 framework, and the top Chinese financial regulators send strong signals to the onshore market in the wake of a string of domestic bond defaults. China has extended $2.1bn of debt relief to developing nations, part of…