U.S. reinstates Sudan’s sovereign immunity, authorizes funds to help pay debt – Reuters UK

By Nafisa Eltahir, Humeyra Pamuk 4 Min Read CAIRO/WASHINGTON (Reuters) – The United States on Monday reinstated Sudans sovereign immunity, as the U.S. Congress passed legislation formalizing the move, following the ending of Sudans designation as a state sponsor of terrorism. However, the legislation includes an exemption allowing lawsuits by the families of victims of…

Credit card debt fell and the savings rate rose this year, but financial counsellors issue warning on buy-now, pay-later plans – ABC News

People should be careful to avoid a Christmas debt hangover, financial counsellors have warned, despite Australians reducing their credit card bills amid the uncertainty of 2020. Key points: Credit card balances decreased by $11.7 billion this year Buy-now, pay-later services continue to increase in popularity Financial counsellors typically see an increase in calls for help…

Omnibus Spending Deal Includes $1.3 Billion in Debt Relief for HBCUs – Diverse: Issues in Higher Education

December 21, 2020 | : Several of Congresswoman Alma Adams (NC-12) equity-oriented higher education priorities are included in the FY21 Omnibus spending deal, including her bill, The HBCU Capital Finance Debt Relief Act, which cancels over $1.3 billion in debt held by historically Black colleges and universities (HBCUs). According to Adams office, the bill also…