Recession-hit Argentina announced on Tuesday it has reached an agreement with three major creditors over the restructuring of a $66 billion debt as it seeks to solve its latest sovereign default crisis. The government of President Alberto Fernandez had set an August 4 deadline to complete a deal but it has now pushed the date…
Man pushing a large ball labeled “DEBT” up a steep hill More If you have multiple debt balances from credit cards, high-interest loans and other forms of debt, you may want to merge them into one payment. You can use a debt consolidation loan to combine them into one lower-interest loan. There are many options…
A general view of a street linking to 9 de Julio Avenue is seen with cars as Argentina extends the curfew till 24th of May, imposed since 20th of March, in an effort to stem the spread of the coronavirus (COVID-19) pandemic in Buenos Aires, Argentina on May 21, 2020. Muhammed Emin Canik | Anadolu…
Job seekers stand outside a construction site near Johannesburg. South Africas unemployment rate hit a record high even before the pandemic hit. (photo: Siphiwe Sibeko/REUTERS/Newcom) South Africa Looks Toward Inclusive Recovery to Stabilize Debt, Boost Growth August 3, 2020 In a conversation with IMF Country Focus, the Director-General of South Africas National Treasury Dondo Mogajane…
The major bank is cracking down on unlicensed debt management companies, revealing that it will no longer deal with them. NAB has announced that it will no longer deal with unlicensed, fee-charging debt management providers in a bid to help protect customers from potentially being placed in a worse position financially and help give them…
Paying off your debt can seem like an obstacle you don’t even know how to start climbing over. While millions of Americans carry some form of debt whether fromcredit cards, medical bills or student loans it could be that a simple mindset shift is all you need to get rid of it for good. “It’s…
sport, local-sport, bfnl, kyneton, cuts, debt, $200000, $4000, tigers, bendigo READ MORE – Kyneton Tigers fighting financial crisis READ MORE – AFLCV competitions postponed because of COVID-19 cases READ MORE – A toast to the BFNL’s ‘Midday Show’ – how has each club fared in the reserves competition ALMOST two years after calling for community…
We’ve all heard about China’s Belt and Road Initiative, which has been making news since it was launched at the end of 2013, but when and how did China start its push westward? Dr Parag Khanna explains that ‘upon the conclusion of Chinas civil war in 1949, China began a decades-long campaign to push westward…
Members of the OECD Development Assistance Committee (DAC), comprised of 29 donor countries and the EU, have agreed on a method for reporting debt relief as official development assistance (ODA). The agreement follows calls by developing countries and civil society for expanded international debt relief efforts. Creditors within the Paris Club, a forum of official…
One of Australia’s big banks has cracked down on “debt vultures” – businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging debt management provides. “Debt vultures exploit loopholes in the law to prey on the…