The leader of the Democratic Republic of Congo appealed Tuesday before the UN General Assembly for debt relief for developing countries to help them cope with the pandemic. “In order to help developing countries exit the crisis and fare better after Covid-19, the international community’s efforts must include debt cancellation and other relief so they…
AMP Capital has launched a new infrastructure debt strategy, set to help investors capitalise on emerging growth opportunities in the Asia Pacific region. The Infrastructure Debt Asia Pacific strategy will target infrastructure mezzanine debt opportunities in both developed and developing countries in the region, across the energy, transportation, utilities, and digital infrastructure sectors. AMP Capital…
Mr Reeves said he had only a vague memory of people knocking on his door in 2016 “and talking about a free laptop” which he didn’t receive. “When I did my tax last year I found out I had a debt of $75,000,” he said. “I was devastated. I thought, ‘How is this possible and…
Video PlayerClose BEIJING, Sept. 22 (Xinhua) — The international community needs to take timely and robust measures in such fields as debt relief and international assistance, ensure the implementation of the 2030 Agenda for Sustainable Development and help developing countries overcome their difficulties, Chinese President Xi Jinping said Tuesday. Enditem Read the full article at:…
Dr Debelle, who warned the economy faced a gradual and uneven recovery from the recession, told an Australian Industry Group virtual conference the bank could seek to lower the structure of a range of interest rates across the economy without taking the cost of money negative. Loading This would also put downward pressure on the…
Falling into debt isnt something anyone plans for. More often than not, it happens due to circumstances out of our control. Debts can often accrue without your direct knowledge until one day, you find yourself staring up from under a bucketload of them with no clear way out. With bills continuing to rack up and…
Image copyright Alejandra Sol CasasImage caption Hilda Robles at her home in San Antonio Minority communities in the US and elsewhere have sometimes turned to traditional money saving methods outside the formal banking system. The economic shock from the coronavirus pandemic could spur renewed interest in those savings clubs. When Hilda Robles recalls her first…
Australias public debt levels remain manageable, with record low interest rates leaving the government plenty of room to boost the economy in the October budget, according to the Reserve Bank. In a speech on Tuesday the RBA deputy governor, Guy Debelle, has defended the size of support payments including jobkeeper and jobseeker and given the…
New York yellow cab drivers block bridges to demand debt relief By Shuvu Batta19 September 2020 In the late morning and early afternoon Thursday, caravans of taxis blocked the Brooklyn Bridge and Queensboro Bridge in New York City, bringing traffic to a halt on two of the major entrances to Manhattan. Taxi drivers staged the…
New York yellow cab drivers block bridges to demand debt relief By Shuvu Batta18 September 2020 In the late morning and early afternoon Thursday, caravans of taxis blocked the Brooklyn Bridge and Queensboro Bridge in New York City, bringing traffic to a halt on two of the major entrances to Manhattan. Taxi drivers staged the…