G20 Presidency | SA proposes debt relief review

As the quest to resolve the global debt crisis goes on… A team of experts has been established to bring this to action, while building a more inclusive and equitable international tax system. READ: G20 presidency | Discussing priorities with Russia’s G20 Sherpa This is according to Secretary-General of the United Nations, António Guterres. He…

Thai cabinet approves measures to ease household debt

BANGKOK: Thailand’s cabinet on Wednesday (Dec 11) approved debt support measures, including interest suspensions and reduced principal payments, to help tackle household debt, Prime Minister Paetongtarn Shinawatra said. The measures will help retail borrowers and smaller businesses, she told a press conference. Finance Minister Pichai Chunhavajira told reporters the cabinet also agreed to allow banks…

Consumers in These 10 States Seek the Most Debt Help — What Programs Are They Using?

SrdjanPav / iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20…

MicroStrategy And Its Convertible Debt Scheme

MicroStrategy (MSTR) stock is soaring alongside Bitcoin. In the wake of extreme confidence, we fear many MicroStrategy investors fail to grasp the inherent risks with its unique convertible bond funding and leverage scheme. A recent podcast featuring Tom Lee presented some positive facts about MicroStrategy’s recent convertible bond offering but failed to tell the whole…

UN chief says debt relief tools far from adequate

By Kopano Gumbi JOHANNESBURG (Reuters) – United Nations Secretary-General Antonio Guterres said on Wednesday that existing debt relief mechanisms were far from adequate to address global vulnerabilities, calling on the Group of Twenty nations to do more to deliver financial justice. Guterres made the comments during a visit to South Africa, which became the first…