The debt relief initiative from the U.S. Department of Agriculture (USDA) will provide assistance for many socially disadvantaged farmers in California. Assistant Secretary for Administration at USDA, Osker Gonzales talked to AgNet West about some of the details of the program. The initiative is expected to provide assistance to hundreds of California farmers. Gonzales said…
Farmers of color are set to get unprecedented help this month. The U.S. Department of Agriculture plans $4 billion in debt relief as part of the latest pandemic stimulus package. The debt relief is designed to address a well-established history of discrimination against Black, Indigenous and other farmers of color. Studies going back to the…
Author: Toshiro Nishizawa, University of Tokyo The G20 recently extended its Debt Service Suspension Initiative (DSSI) for the rest of 2021, reflecting the severity of liquidity shortages facing the worlds poorest countries due to the COVID-19 pandemic. But it is only a temporary measure. A Common Framework for Debt Treatments beyond the DSSI endorsed by…
Education is the single highest-return investment most Americans will make, so getting our system of higher-education finance right is fundamentally important for US households and the economy. A key point in the student-loan debate is that the outcomes of borrowers vary widely. Undeniably, a significant number of borrowers are struggling, and are sympathetic candidates for…
More than 31,500 people in Scotland sought support from StepChange Debt Charity during 2020. And more than 11,000 went through a full debt advice process last year as the pandemic impacted peoples finances, according to the charitys latest Scotland in the Red update. Average client rent arrears rose 43%, which StepChange said was one of…
Debt can creep up on you like a thief in the night. It starts innocently enough perhaps you let your credit card balance roll over for a few months or take out a personal loan to tide you over until payday. The next thing you know, your mailbox is bulging with bills. If you are…
By Tom Arnold 3 Min Read LONDON (Reuters) – Poor countries struggling to meet their dues in the wake of the COVID-19 crisis should be given a temporary buffer to avoid the risk of credit rating downgrades while they renegotiate their debt, a study published on Friday said. Costs from the pandemic have triggered a…
President of the National Black Farmer’s Association John Boyd stands in his fields in Baskerville, Va. He says the USDA’s relief program is “like the fox watching the hen house.” Melina Mara/The Washington Post via Getty Images hide caption toggle caption Melina Mara/The Washington Post via Getty Images Farmers of color are set to get…
By Tom Arnold LONDON, June 4 (Reuters) – Poor countries struggling to meet their dues in the wake of the COVID-19 crisis should be given a temporary buffer to avoid the risk of credit rating downgrades while they renegotiate their debt, a study published on Friday said. Costs from the pandemic have triggered a spiralling…
Editorial Independence We want to help you make more informed decisions. Some links on this page clearly marked may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. Its easy to feel overwhelmed by high-interest debt, especially. If you have debt…