Pipes: Hiding medical debt won’t help borrowers | Forum

In its final days in office, the Biden administration finalized a rule to eliminate nearly $50 billion in medical debt from 15 million Americans’ credit reports. But the rule betrays a complete misunderstanding of health economics — and like former President Biden’s other market interventions, it may only serve to make Americans worse off. Medical…

BBC Audio | Money Box

People owe more money for gas and electricity bills than ever before. New calculations from the energy consultancy firm Baringa reveal the average typical energy debt is £1,500 – that’s up £300 in a year. The total owed to energy companies is 3.8 billion pounds, which is almost double what it was two years ago.…

US Hits Yemen, Gaza Aid, Global Debt Strains

In a statement released to correspondents in New York, the UN denounced the Houthis’ targeting of merchant and commercial vessels in the key waterway which includes the Suez Canal and reported attacks against military vessels. The UN is concerned about the continued threats by the Houthis to resume their attacks targeting merchant and commercial vessels…