Govt vows to tackle household debt Relief schemes, lower interest rates likely With personal consumer loans on the rise, the Bank of Thailand has been asked to review the ceiling of interest rates and supervise credit cards, personal loans and vehicle title loans.Varuth Hirunyatheb The government has vowed to tackle high household debt, incurred by…
A debt consolidation loan can be an effective tool to help you pay off high-interest debt, but its not right for everyone. Make sure to weigh the pros and cons and consider alternative strategies. (iStock) A debt consolidation loan is a borrowing tool that allows you to combine existing unsecured debts into a single personal…
Queenslands total debt will now be $122.7 billion in 2023-24 about $7 billion better off than initially forecast. Debt, at this stage, will top out at $127.4 billion by 2024-25, as the governments budgetary outlook improves courtesy of increased revenue from a recovering economy and a reduction in government expenditure. The economy has bounced back…
By XIMENA BUSTILLO 06/14/2021 10:00 AM EDT With help from Gavin Bade Editors Note: Weekly Agriculture is a weekly version of POLITICO Pros daily Agriculture policy newsletter, Morning Agriculture. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the days biggest stories.…
Rousselle Industrie SA, a maker of machinery for paint manufacturers in northern France, almost collapsed in 2020 after the pandemic disrupted supply and its clients businesses. The 10-person company was saved by the equivalent of $360,000 in loans under a government program that guaranteed debt and deferred interest payments for 12 months. One year later,…
Washington, D.C. Yesterday, a federal judge in Wisconsin issued a restraining order on $4 billion of debt relief that was part of a program designed to help Black and other farmers of color as part of the Biden administrations American Rescue Plan. Following the decision, Nicole Lee Ndumele, vice president for Racial Equity and Justice…
published : 11 Jun 2021 at 07:45 writer: AFP US Treasury Secretary Janet Yellen has supported efforts to provide debt relief to poor countries. WASHINGTON: US Treasury Secretary Janet Yellen said Tuesday she was concerned that Chinese lenders could benefit from an international debt relief initiative aimed at poor countries. In April, G20 countries including…
published : 11 Jun 2021 at 07:45 writer: AFP US Treasury Secretary Janet Yellen has supported efforts to provide debt relief to poor countries. WASHINGTON: US Treasury Secretary Janet Yellen said Tuesday she was concerned that Chinese lenders could benefit from an international debt relief initiative aimed at poor countries. In April, G20 countries including…
US Treasury Secretary Janet Yellen said Tuesday she was concerned that Chinese lenders could benefit from an international debt relief initiative aimed at poor countries. In April, G20 countries including the United States agreed to extend until December a moratorium on debt interest payments for the poorest nations, amid fears they will lag behind in…
Armed police officers patrol in Falmouth, England, June 10, 2021, ahead of the G7 summit in Cornwell. Debt relief for poor countries is only way for G7 leaders to succeed in their plans to promote global recovery from the COVID-19 pandemic and address the climate crisis, Caritas Internationalis said. (Credit: Phil Noble/Reuters via CNS.) ROME…