Kazakhstan establishes State Debt Management Council

ASTANA, Kazakhstan, December 22. Kazakhstan has established a State Debt Management Council, Trend reports, citing the country’s Ministry of Finance. The Council was created through a collaboration between the Ministry of Finance, the National Bank, and the Ministry of National Economy of Kazakhstan. The decision to establish the Council is part of the implementation of…

ASIC obtains orders against fraudulent debt relief company

The Australian Securities and Investments Commission (ASIC) has obtained interim orders and injunctions against Debts Knockout, which provided financial services through Debt Wipeout, for making false or misleading representations. Debt Wipeout advertised on billboards, shop-a-dockets, websites, social media and in person with claims it could “extinguish” consumer debt for an up-front payment of 15%-25% of…

Atlanta church announces $1M medical debt relief

ATLANTA – Members of Spirit and Truth Church celebrated the holiday season during Sunday services by announcing a major financial commitment to families in need. What we know: Church leaders revealed the congregation is providing $1 million in medical debt relief, an effort timed as Affordable Care Act subsidies are set to expire for millions…

Countries Want Debt Relief for Conservation. Is China Ready to Play a Role?

Planet China: Thirteenth in a series about how Beijing’s trillion-dollar development plan is reshaping the globe—and the natural world. LIMÓN INDANZA, Ecuador—Long drifts of mist settle between the mountain peaks in this region, almost indistinguishable from clouds. Underneath, species found only here depend on the intricacies of this high-altitude rainforest, one of the most biodiverse…