A government initiative aimed at clearing £500 million in energy debt for Britain’s neediest households has hit a standstill. Industry insiders warn that the delay could see the total arrears balloon to an alarming £7 billion by the end of the year. Introduced by energy regulator Ofgem last October, the Debt Relief Scheme was expected…
Britain stalls on energy debt relief with consumer debts seen topping $9.5 billion by year-end Reuters Read the original article here
Colombia is seeking to ease the pressure on its debt through currency diversification and reduced reliance on the US dollar. Credit: A.P. / Colombia One. The Colombian government has begun implementing a financial strategy that could reduce the country’s historic dependence on the U.S. dollar. The measure consists of diversifying external public debt into other…
The EBRD, together with PrivatBank and Raiffeisen Bank, launches €8 million Enterprise Security Enhancement Vira Kasiyan LIGA.net news editor Consequences of the Russian strike on the ARS construction hypermarket in Ternopil,… Read the original article here
The EBRD, together with PrivatBank and Raiffeisen Bank, launches €8 million Enterprise Security Enhancement Vira Kasiyan LIGA.net news editor Consequences of the Russian strike on the ARS construction hypermarket in Ternopil,… Read the original article here
Gagik Tsarukyan promises debt relief, free services ahead of June elections Panorama.am Read the original article here
The Brazilian Institute of Responsible Gaming (IBJR) says more must be done to tackle the illegal igaming market if Brazil’s new debt relief program, which bans those enrolled from accessing gambling platforms for a year, is to succeed. President Luiz Inácio Lula da Silva revealed the Novo Desenrola Brasil scheme as part of Brazil’s Labor…
The following is sponsored content by Bromwich+Smith and originally appeared here Consider a credit counsellor or Licensed Insolvency Trustee. There’s often a moment (or series of moments) when you realize you don’t just need budgeting tips. You need professional help to deal with your debt. Perhaps up until this point, you’ve been trying to manage…
________________ Participants at the just concluded UN Economic Commission for Africa say “Africa’s debt challenge extends far beyond fiscal concerns as it has become a development crisis, a climate vulnerability, and a governance emergency. The forum discussed the relationship between sustainable development and debt sustainability, credit ratings, and borrowing costs, as well as…
Spain Unlocks Cuba Debt Swap to Fund Food Aid as Crisis Deepens Sri Lanka Guardian Read the original article here