BDO USA lays off employees amid Apollo’s debt repayment

BDO USA has recently made a series of layoffs and suspended non-essential travel as part of the cost-reduction efforts. Credit: JHVEPhoto / Shutterstock.com. Auditing firm BDO USA has laid off employees to reduce expenses considering a debt arrangement with Apollo Global Management, reports Bloomberg.   Apollo is a principal financier to BDO, providing a loan facility…

Breaking the Debt Cycle: Strengthening Financial Resilience in Small Island Developing States

Breaking the Debt Cycle: Strengthening Financial Resilience in Small Island Developing States 13 October 2025 Chandrahas Choudhury, Ritu Bharadwaj, N. Karthikeyan Repeated and intensifying climate events push SIDS into cycles of debt, as economic, developmental, and infrastructure damages accumulate. A close examination of disaster-related damages in SIDS reveals that since 1960, there has been a…

Smart diversification builds wealth: How the right mix of equity, debt, and gold can help you beat market cycles and boost returns

Building lasting wealth starts with smart asset allocation and diversification across multiple asset classes. The right mix depends on your risk profile and goals. Still, are some combinations better than others? Welcome to TrendMap, your guide to how different investment segments stack up. In this edition, we compare seven asset combinations. Portfolios with gold have…

Poor countries paying billions more to cover debts…

The world’s poorest and most climate-vulnerable countries are spending billions of pounds more to repay debts than they receive in funding to fight climate change, new research shows. The analysis, from the International Institute for Environment and Development (IIED) think tank, finds that in 2023 – the most recent year for which data was available…