Laos risks lost decade unless China provides debt relief

Keith Barney is an associate professor at the Australia National University. Roland Rajah is lead economist at the Lowy Institute. Laos is suffering an acute debt crisis with no apparent way out. This is a shocking reversal of the optimism of the pre-COVID-19 era, when economic growth averaged over 7% annually. While the benefits excluded…

Does tax relief help with past-due debt?

If you owe back taxes to the IRS, it’s important to understand what options you have that could help. Getty Images Each year, millions of taxpayers find themselves unable to pay what they owe to the Internal Revenue Service (IRS). But when you owe back taxes to the IRS, the initial balance isn’t the only…