Mexico’s finance ministry is preparing to enlist a consortium of banks to provide financing that Petroleos Mexicanos would use to pay off debt with service providers, according to a recording of remarks made by its CEO. The state-owned oil company is coordinating with the finance ministry, which would potentially take on debt on its behalf…
Putin offers debt relief to boost ranks in Ukraine conflict MSN Read the original article here
Guest editorial: Biden failed on student debt relief Charleston Gazette-Mail Read the original article here
The federal government’s plan to cut 20% off Hecs/Help has been met with some ludicrous claims about fairness that has to make you wonder if people have only just discovered the tax system is designed by governments that make choices about who benefits. On Friday the latest corporate tax transparency figures were released and showed…
Money Management International is a non-profit credit counseling agency that’s been helping people improve their lives through financial education, since the 1950s. SAN DIEGO — The holidays can be the best time of the year, if you don’t slip into debt buying gifts for your loved ones. If you’re already there, the nation’s largest non-profit…
U.S. support for Ukraine has taken center stage as the country grapples with the effects of the protracted conflict against Russia. Recent discussions surrounding plans for debt relief have arisen, igniting debates among lawmakers and leaders about the future of American financial commitments to Ukraine. On the forefront of these discussions was U.S. Senator Katie…
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Notes [I] World Health Organization, “Coronavirus Disease (COVID-19) Pandemic,” https://www.who.int/europe/emergencies/situations/covid-19. [II] Alicia Wallace, “High Inflation Is Finally Letting up, but It’s Weighed Heavily on Many Americans | CNN Business,” CNN, December 27, 2023, https://www.cnn.com/2023/12/27/economy/inflation-2023-impacts-americans/index.html. [III] Jennifer Ludden, “Housing Is Now Unaffordable for a Record Half of All U.S. Renters, Study Finds,” NPR, January 25, 2024,…
P&O Cruises Australia faces an imminent class action lawsuit over its “unethical and predatory” practices in ship casinos. The issue came to light after guest Shane Dixon reportedly jumped overboard due to racking up thousands of dollars in the casino over two nights. P&O Cruises Australia Thought to Have Jumped Overboard Due to Debts Carter…
Australia’s Star Entertainment Group has announced a commitment letter by its lenders for a new debt facility of up to AU$200 million (US$136 million), payable in two separate tranches and with each subject to certain conditions being met. The facility is aimed at buying Star and its recently appointed CEO Steve McCann time to restructure…