Amidst a succession of financial shocks, the Middle East war being only the most recent, developing countries’ debt levels are alarmingly high and continuing to rise. These burdens make it even more difficult for governments in the Global South to meet the basic needs of their populations. And because the world is inter-connected through international…
A drone view shows people walking on the beach in Yoff, Dakar, Senegal, May 22, 2025. REUTERS/Zohra Bensemra/File Photo DAKAR/LONDON, July 7 (Reuters) – Senegal has formally kicked off a selection process to hire a financial adviser on debt matters, two sources told Reuters, as investors closely watch how the country plans to tackle its debt burden. Read the…
0 The Nigerian Airspace Management Agency (NAMA), the organisation responsible for providing air traffic control, air navigation services and communication infrastructure across Nigeria’s airspace, faces a defining moment. Burdened by ageing navigational infrastructure, mounting debts, manpower shortages, unresolved pension issues and years of inadequate capital funding, the agency faces some of the most significant operational…
Tuesday newspaper round-up: Gambling customers, student loan repayments, Russian bankruptcies London South East Read the original article here
Tuesday newspaper round-up: Gambling customers, student loan repayments, Russian bankruptcies Sharecast.com Read the original article here
Hong Kong court rules $60m casino debt owed to junket MSN Read the original article here
Hong Kong court dismisses $60m casino debt interest claim MSN Read the original article here
KUALA LUMPUR (July 7): Malaysian law considers gambling debts as “debts of honour” with no legal obligation to make good the debt. Although a gambling debt may be lawful and enforceable in a foreign jurisdiction where it arose, it remains unenforceable in Malaysia because Section 26 of the Civil Law Act 1956 embodies the public…
In today’s Finshots, we explore whether the AI boom can actually solve the US debt crisis. But here’s a quick sidenote before we begin. If you’re someone who loves to keep tabs on what’s happening in the world of business and finance, then hit subscribe if you haven’t already. We strip stories off the jargon and deliver…
An ultra-wealthy Singaporean businessman who was married to one of China’s most famous actresses burned through $60 million in less than a week during a short trip to Perth in one of the heaviest and fastest losses in Australian casino history. New court documents released in Hong Kong this week show how Huang Youlong, a…