Private creditors lay out debt relief plan for poorest countries – Aljazeera.com

Plans for debt relief for the world’s poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far enough. The proposal shepherded by the Institute of International Finance (IIF) said creditors would grant debt breaks on a case-by-case and voluntary basis…

What is debt consolidation? – CNBC

Before the coronavirus pandemic, financial advisors typically recommended people prioritize debt payoff first and foremost. But now that over 36 million Americans are unemployed, the focus has shifted to savings. It is very important to have an emergency savings account. And while experts advise you stash anywhere from three to six months’ worth of expenses…

“Fear of debt”: Barnaby Joyce says business may have to help pay back trillion-dollar government debt – Armidale Express

Barnaby Joyce has suggested any employer who wants government to borrow more to help during the COVID-19 crisis must also accept increased taxes. The Member for New England, speaking in Tamworth on Monday, said business should be “prepared to pay the taxes to pay it back”. “Sure you’re happy for us to borrow more debt…