Climate finance: What are debt-for-nature swaps and how can they help countries? – World Economic Forum
Climate finance: What are debt-for-nature swaps and how can they help countries? World Economic Forum Read the original article here
MGM debunks rumors alleging Bruno Mars owes $50M in gambling debt
by News 3 Staff Mon, March 18th 2024 at 3:28 PM Updated Tue, March 19th 2024 at 10:47 PM LAS VEGAS, NV – MAY 20: Singer Bruno Mars speaks onstage at the 2018 Billboard Music Awards at the MGM Grand Garden Arena on May 20, 2018 in Las Vegas, Nevada. (Photo by Kevin Winter/Getty Images)…
The good news is the government plans to cancel $3 billion in student debt. The bad news is indexation will still be high
Every year on June 1, student debt in Australia is indexed to inflation. In 2023, high inflation pushed the indexation rate to 7.1%, the highest since 1990. This year, if there is no policy change, student debt balances will be increased by 4.7%. After sustained community pressure to change the way debts are indexed, the…
MGM Grand Says Bruno Mars Does Not Have $50 Million Gambling Debt
MGM Resorts International has denied reports that Bruno Mars is in debt with the entertainment company. A previous report by NewsNation indicated that the “24K Magic” singer racked up a debt of more than $50 million at the MGM Grand in Las Vegas since signing a long-term residency contract with the company in 2016. In…
HECS reform “not a material change”
Student debt was previously just indexed to the Consumer Price Index (CPI) inflation rate, but the 2024 budget will change this to the lower of the Wage Price Index (WPI) or CPI. This will be backdated to retroactively apply to last year’s indexation (7.1%), which the government estimates could wipe more than $3 billion from…
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Why HECS-HELP indexation relief is not enough for women
For three million Australians, the announcement of a reduction in indexation on their HECS and HELP student loan debt is welcome. The change means an estimated $3 billion will be wiped from student’s debt from July, because the amount is backdated to include the indexation added in 2023. Also, proposed changes to the rate of…
MGM Grand deny Bruno Mars is $50million in debt due to gambling
The MGM Grand have denied that Bruno Mars reportedly owes the casino $50million (£39million) in gambling debt. Mars is set to enter his ninth year performing a residency in Las Vegas, however earlier this week saw News Nation report that the singer is paying off his debts to MGM. A “well-placed Vegas insider” reported that…
Government’s $3 billion student debt relief raises questions about HECS system integrity
Bruce Chapman, economist & designer of HECS loan system, says the student debt relief will not do anything to inflation numbers, “nothing will happen because of this.” Andrew Norton, ANU Professor in the Practice of Higher Education Policy questions if HECS debts should be pegged to the CPI or WPI, or if a different…
Bruno Mars has ‘no debt’ with MGM in Las Vegas Strip | Kats | Entertainment
MGM Resorts says its relationship with Bruno Mars is one of “mutual respect” and “Any speculation otherwise is completely false; he has no debt with MGM.” Issued Monday, the statement answers a report Friday from media website NewsNation that the Park MGM headliner has rolled up gambling debts in the tens of millions. Citing an…