Heads of state from the world’s most powerful countries gathered in Johannesburg, South Africa, over the weekend for a summit that had been billed, under South Africa’s G20 presidency, as a turning point for addressing debt distress across the Global South. South African President Cyril Ramaphosa had consistently framed the issue as central to his…
The G20 Summit was held in Johannesburg at the weekend (Department of International Relations and Cooperation) Caritas Africa joined faith leaders in calling for debt relief for African countries during the G20 summit in South Africa. Source: The Tablet. The signatories to the statement issued after the conclusion of the two-day summit in Johannesburg…
BY ISN STAFF | November 24, 2025 BELEM, BRAZIL — On November 20, during COP30, the Society of Jesus delivered a powerful statement to Ambassador André Corrêa do Lago, President of the conference, raising three urgent demands on climate finance. The move, carried out by Anderson Pedro, S.J., Rector of PUC-Rio, marks a renewed push…
A barrier to enrollment for a key student-loan repayment plan could soon be gone. The Department of Education said in updated guidance posted to Federal Student Aid’s website that it’s moving forward with implementing some student-loan repayment provisions in President Donald Trump’s “big beautiful” spending legislation. The latest update pertains to the eligibility requirements for…
Court hears ‘mug-punter’ racehorse owner was ‘lured’ into betting with firm before running up debts of £1.65m Racing Post Read the original article here
Court hears ‘mug-punter’ racehorse owner was ‘lured’ into betting with firm before running up debts of £1.65m Racing Post Read the original article here
By Dr Mohamed Z M Aazim, Adviser, Debt Management Unit, Commonwealth Secretariat. Today, global public debt is approaching an astonishing $100 trillion. According to the International Monetary Fund (IMF), if current trends continue, by 2029 the total amount of public debt could exceed the size of the entire global economy—a level not seen since the…
By Dr Mohamed Z M Aazim, Adviser, Debt Management Unit, Commonwealth Secretariat. Today, global public debt is approaching an astonishing $100 trillion. According to the International Monetary Fund (IMF), if current trends continue, by 2029 the total amount of public debt could exceed the size of the entire global economy—a level not seen since the…
This budget will take place under the shadow of the cost-of-living crisis, which has seen a huge rise in the number of people facing unpayable debts. Unemployment is spiking, and personal insolvencies and bankruptcies are on the rise. People are simply not earning enough to cover the essentials – and being forced into debt because…
It’s Sunday at Forest Hill Church, Presbyterian in Cleveland Heights, and service is just beginning. Natasha Lovelace sits in the midst of the congregation at the end of a pew. She sings along to hymns, recites prayers, and she even brought cookies to share after service. It’s a small show of gratitude for all she…